Sciencast Management LP Purchases Shares of 13,781 T-Mobile US, Inc. (NASDAQ:TMUS)

Sciencast Management LP purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 13,781 shares of the Wireless communications provider’s stock, valued at approximately $3,042,000. T-Mobile US makes up about 0.8% of Sciencast Management LP’s investment portfolio, making the stock its 23rd largest position.

Several other institutional investors have also recently bought and sold shares of TMUS. Barclays PLC grew its stake in shares of T-Mobile US by 38.3% during the third 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 bought a new position in T-Mobile US in the 4th quarter valued at $1,552,000. Trust Co. of Vermont increased its stake 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 valued at $5,954,000 after buying an additional 2,865 shares during the period. Swedbank AB raised its position in shares of T-Mobile US by 5.1% during the third quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock worth $52,631,000 after acquiring an additional 12,411 shares during the last quarter. Finally, Rice Partnership LLC acquired a new position in shares of T-Mobile US during the fourth quarter valued at $7,678,000. Institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the business’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 transaction of $191,990.00. Following the transaction, the director now owns 3,291 shares of the company’s stock, valued at $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.67% of the stock is currently owned by corporate insiders.

T-Mobile US Trading Down 0.5 %

NASDAQ TMUS opened at $255.84 on Friday. The stock has a market capitalization of $292.10 billion, a price-to-earnings ratio of 26.46, a PEG ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $276.49. The stock’s 50 day moving average price is $248.19 and its two-hundred day moving average price is $230.36. 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) last announced its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping 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%. As a group, analysts anticipate 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. Investors 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 1.38%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio is currently 36.40%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on TMUS. Bank of America upped their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday, January 30th. KeyCorp lowered 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 report on Thursday, December 12th. Evercore ISI raised T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. lifted their price objective on T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a research note on Tuesday. Finally, Tigress Financial restated a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Ten equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and an average price target of $255.80.

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.