Xponance Inc. Grows Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Xponance Inc. increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 70,442 shares of the Wireless communications provider’s stock after buying an additional 873 shares during the quarter. Xponance Inc.’s holdings in T-Mobile US were worth $15,549,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. increased its holdings in T-Mobile US by 2.5% in the 3rd quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider’s stock valued at $408,297,000 after purchasing an additional 47,350 shares during the last quarter. Empowered Funds LLC increased its holdings in T-Mobile US by 66.4% in the 3rd quarter. Empowered Funds LLC now owns 17,640 shares of the Wireless communications provider’s stock valued at $3,640,000 after purchasing an additional 7,042 shares during the last quarter. Claro Advisors LLC increased its holdings in T-Mobile US by 26.4% in the 3rd quarter. Claro Advisors LLC now owns 2,195 shares of the Wireless communications provider’s stock valued at $453,000 after purchasing an additional 458 shares during the last quarter. MAI Capital Management increased its holdings in T-Mobile US by 287.5% in the 3rd quarter. MAI Capital Management now owns 40,760 shares of the Wireless communications provider’s stock valued at $8,411,000 after purchasing an additional 30,240 shares during the last quarter. Finally, Quest Partners LLC acquired a new stake in T-Mobile US in the 3rd quarter valued at approximately $643,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Activity

In other news, Director Srikant M. Datar sold 730 shares of the company’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now directly owns 3,291 shares of the company’s stock, valued at approximately $865,533. This represents a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

Shares of TMUS opened at $260.73 on Wednesday. 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 cap of $297.69 billion, a PE ratio of 26.96, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The firm has a fifty day moving average price of $245.59 and a 200 day moving average price of $229.56.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating 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%. As a group, sell-side analysts anticipate 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 issued a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.35%. T-Mobile US’s payout ratio is 36.40%.

Analyst Ratings Changes

Several equities analysts have commented on TMUS shares. Citigroup downgraded shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price target for the company. in a research note on Friday, March 14th. Hsbc Global Res downgraded shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Sanford C. Bernstein started coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price target for the company. Royal Bank of Canada restated a “sector perform” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Finally, 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 note on Tuesday. Ten investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and an average price target of $255.05.

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.