T-Mobile US, Inc. $TMUS Shares Purchased by Xponance Inc.

Xponance Inc. lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 17.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 80,749 shares of the Wireless communications provider’s stock after buying an additional 12,143 shares during the quarter. Xponance Inc.’s holdings in T-Mobile US were worth $19,330,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Howard Hughes Medical Institute acquired a new stake in T-Mobile US in the 2nd quarter valued at $25,000. United Community Bank grew its stake in shares of T-Mobile US by 131.1% in the third quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 59 shares in the last quarter. Elevation Wealth Partners LLC raised its holdings in shares of T-Mobile US by 190.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 76 shares during the period. Aspect Partners LLC lifted its position in T-Mobile US by 112.1% during the 2nd quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock worth $29,000 after acquiring an additional 65 shares in the last quarter. Finally, CoreFirst Bank & Trust acquired a new position in T-Mobile US during the 2nd quarter worth approximately $31,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TMUS. Tigress Financial increased their price objective on shares of T-Mobile US from $305.00 to $310.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Morgan Stanley lowered their price target on shares of T-Mobile US from $280.00 to $260.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. Daiwa Securities Group upgraded shares of T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 price objective on the stock in a report on Thursday, February 19th. UBS Group restated a “buy” rating on shares of T-Mobile US in a research note on Thursday, February 12th. Finally, Benchmark reiterated a “buy” rating on shares of T-Mobile US in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average price target of $257.09.

Insider Activity at T-Mobile US

In related news, Director G Michael Sievert sold 80,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $214.94, for a total transaction of $17,195,200.00. Following the sale, the director directly owned 140,696 shares of the company’s stock, valued at approximately $30,241,198.24. This represents a 36.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Peter Osvaldik sold 27,000 shares of T-Mobile US stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total transaction of $5,801,220.00. Following the completion of the transaction, the chief financial officer directly owned 51,573 shares of the company’s stock, valued at approximately $11,080,974.78. This represents a 34.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 692,300 shares of company stock worth $150,426,595 over the last quarter. 0.37% of the stock is owned by corporate insiders.

T-Mobile US Price Performance

TMUS opened at $213.15 on Friday. The company has a market capitalization of $234.86 billion, a P/E ratio of 21.95, a PEG ratio of 1.41 and a beta of 0.44. The company has a 50-day moving average of $200.29 and a 200-day moving average of $217.51. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.90 and a current ratio of 1.00. T-Mobile US, Inc. has a 1-year low of $181.36 and a 1-year high of $276.49.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 27th will be paid a dividend of $1.02 per share. The ex-dividend date is Friday, February 27th. This represents a $4.08 annualized dividend and a yield of 1.9%. T-Mobile US’s dividend payout ratio is presently 42.02%.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.