Signaturefd LLC Raises Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Signaturefd LLC grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,324 shares of the Wireless communications provider’s stock after purchasing an additional 41 shares during the period. Signaturefd LLC’s holdings in T-Mobile US were worth $2,499,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Barclays PLC increased its position in shares of T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after purchasing an additional 876,182 shares during the last quarter. Gladstone Institutional Advisory LLC purchased a new stake in shares of T-Mobile US during the 4th quarter worth approximately $1,552,000. Trust Co. of Vermont raised its holdings in shares of T-Mobile US by 11.9% in the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock worth $5,954,000 after purchasing an additional 2,865 shares during the period. Swedbank AB lifted its stake in T-Mobile US by 5.1% in the third quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock valued at $52,631,000 after purchasing an additional 12,411 shares during the last quarter. Finally, Rice Partnership LLC bought a new position in T-Mobile US during the fourth quarter valued at $7,678,000. 42.49% of the stock is owned by institutional investors.

T-Mobile US Stock Up 1.6 %

TMUS stock opened at $260.17 on Tuesday. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $276.49. The stock has a market capitalization of $297.05 billion, a P/E ratio of 26.90, a P/E/G ratio of 1.55 and a beta of 0.64. The business has a fifty day moving average price of $244.62 and a 200-day moving average price of $229.13.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.35%. T-Mobile US’s dividend payout ratio is presently 36.40%.

Analyst Ratings Changes

A number of research analysts have recently commented on TMUS shares. Benchmark reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. KeyCorp downgraded shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 target price for the company. in a research note on Thursday, December 12th. Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Barclays lifted their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Finally, Tigress Financial restated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Ten equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $254.80.

Insider Activity

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the transaction, 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 SEC, which is accessible through this hyperlink. Insiders own 0.67% of the company’s stock.

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.