Jump Financial LLC Decreases Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Jump Financial LLC cut its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 20.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,500 shares of the Wireless communications provider's stock after selling 4,039 shares during the quarter. Jump Financial LLC's holdings in T-Mobile US were worth $3,421,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Bridgewater Associates LP lifted its holdings in T-Mobile US by 6.3% during the fourth quarter. Bridgewater Associates LP now owns 212,194 shares of the Wireless communications provider's stock valued at $46,838,000 after purchasing an additional 12,615 shares during the last quarter. Rossby Financial LCC purchased a new stake in T-Mobile US during the fourth quarter valued at about $208,000. Canada Post Corp Registered Pension Plan purchased a new stake in T-Mobile US during the fourth quarter valued at about $3,836,000. LaSalle St. Investment Advisors LLC lifted its holdings in T-Mobile US by 31.3% during the fourth quarter. LaSalle St. Investment Advisors LLC now owns 2,431 shares of the Wireless communications provider's stock valued at $536,000 after purchasing an additional 580 shares during the last quarter. Finally, XTX Topco Ltd lifted its holdings in T-Mobile US by 23.9% during the fourth quarter. XTX Topco Ltd now owns 13,926 shares of the Wireless communications provider's stock valued at $3,074,000 after purchasing an additional 2,683 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the business's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the transaction, the director now owns 3,291 shares in the company, valued at approximately $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.67% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on TMUS shares. Scotiabank upped their price objective on shares of T-Mobile US from $247.00 to $275.00 and gave the company a "sector perform" rating in a report on Monday, March 3rd. Evercore ISI raised shares of T-Mobile US to a "strong-buy" rating in a report on Thursday, January 23rd. Hsbc Global Res downgraded shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Barclays raised their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a report on Monday, February 3rd. Finally, Tigress Financial reissued a "buy" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Eleven analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $256.80.

T-Mobile US Trading Up 0.4 %

NASDAQ:TMUS traded up $0.94 during trading hours on Wednesday, reaching $259.24. The company's stock had a trading volume of 1,415,903 shares, compared to its average volume of 4,222,002. The firm has a market capitalization of $294.67 billion, a price-to-earnings ratio of 26.81, a PEG ratio of 1.55 and a beta of 0.63. The firm has a 50-day simple moving average of $261.36 and a 200-day simple moving average of $239.91. T-Mobile US, Inc. has a 1 year low of $160.62 and a 1 year high of $276.49. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts' consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. Research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's payout ratio is 36.40%.

T-Mobile US Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.