Generali Asset Management SPA SGR Makes New Investment in T-Mobile US, Inc. (NASDAQ:TMUS)

Generali Asset Management SPA SGR bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 15,642 shares of the Wireless communications provider’s stock, valued at approximately $3,453,000.

A number of other hedge funds have also recently made changes to their positions in the company. Signaturefd LLC boosted its position in T-Mobile US by 0.4% during the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider’s stock worth $2,499,000 after buying an additional 41 shares during the period. JSF Financial LLC raised its stake in shares of T-Mobile US by 0.9% during the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock valued at $1,117,000 after acquiring an additional 44 shares during the last quarter. D Orazio & Associates Inc. lifted its holdings in shares of T-Mobile US by 3.7% during the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock worth $290,000 after purchasing an additional 47 shares during the period. Warren Street Wealth Advisors LLC grew its stake in shares of T-Mobile US by 4.3% in the fourth quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock worth $252,000 after purchasing an additional 47 shares during the last quarter. Finally, Relyea Zuckerberg Hanson LLC increased its holdings in T-Mobile US by 3.9% in the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock valued at $284,000 after purchasing an additional 48 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Stock Performance

TMUS opened at $260.73 on Wednesday. The company’s fifty day moving average price is $245.59 and its two-hundred day moving average price is $229.56. The company has a market cap of $297.69 billion, a price-to-earnings ratio of 26.96, a PEG ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $276.49. 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) last issued its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share 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%. On average, analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have commented on TMUS. Benchmark reiterated 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 report on Thursday, December 12th. JPMorgan Chase & Co. boosted their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a research report on Tuesday. Oppenheimer increased their price objective 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, Bank of America boosted their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Ten 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 MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $255.05.

Insider Buying and Selling at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares in the company, valued at approximately $865,533. This represents a 18.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.67% of the stock is owned by corporate insiders.

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.