T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Trexquant Investment LP

Trexquant Investment LP boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 355.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 68,110 shares of the Wireless communications provider's stock after buying an additional 53,156 shares during the period. Trexquant Investment LP's holdings in T-Mobile US were worth $15,034,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Headlands Technologies LLC purchased a new position in T-Mobile US in the fourth quarter valued at about $2,025,000. Geode Capital Management LLC raised its stake in shares of T-Mobile US by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 11,857,917 shares of the Wireless communications provider's stock worth $2,610,542,000 after acquiring an additional 90,755 shares in the last quarter. Nemes Rush Group LLC lifted its position in T-Mobile US by 314.5% during the fourth quarter. Nemes Rush Group LLC now owns 970 shares of the Wireless communications provider's stock valued at $214,000 after acquiring an additional 736 shares during the last quarter. StoneX Group Inc. boosted its stake in T-Mobile US by 10.0% in the fourth quarter. StoneX Group Inc. now owns 18,533 shares of the Wireless communications provider's stock valued at $4,091,000 after acquiring an additional 1,690 shares in the last quarter. Finally, HighPoint Advisor Group LLC grew its holdings in T-Mobile US by 2.0% in the fourth quarter. HighPoint Advisor Group LLC now owns 9,496 shares of the Wireless communications provider's stock worth $2,096,000 after purchasing an additional 182 shares during the last quarter. Institutional investors own 42.49% of the company's stock.

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Insider Activity at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the sale, the director now directly owns 3,291 shares of the company's stock, valued at approximately $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.67% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have recently weighed in on TMUS. JPMorgan Chase & Co. raised their price objective on T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 18th. Citigroup lowered T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price target on the stock. in a research note on Friday, March 14th. HSBC downgraded shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price objective on the stock. in a report on Wednesday, March 5th. Oppenheimer boosted their target price on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Finally, Sanford C. Bernstein assumed coverage on shares of T-Mobile US in a report on Tuesday, December 10th. They issued a "market perform" rating and a $265.00 price target for the company. Eleven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $256.80.

T-Mobile US Stock Performance

T-Mobile US stock traded up $3.33 during mid-day trading on Thursday, hitting $267.89. The company had a trading volume of 5,650,736 shares, compared to its average volume of 4,172,291. The company has a market capitalization of $305.86 billion, a price-to-earnings ratio of 27.70, a P/E/G ratio of 1.55 and a beta of 0.63. T-Mobile US, Inc. has a 12-month low of $159.14 and a 12-month high of $276.49. The company's fifty day moving average is $256.82 and its 200-day moving average is $234.49. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (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%. Equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's dividend payout ratio (DPR) is presently 36.40%.

T-Mobile US Company 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.