Xponance Inc. Boosts Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Xponance Inc. increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.3% in the 4th quarter, HoldingsChannel reports. The firm owned 70,442 shares of the Wireless communications provider’s stock after purchasing an additional 873 shares during the period. Xponance Inc.’s holdings in T-Mobile US were worth $15,549,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP grew its position in T-Mobile US by 4.0% during the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock worth $3,203,642,000 after buying an additional 602,786 shares during the period. FMR LLC grew its position in T-Mobile US by 13.4% during the third quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock worth $2,660,758,000 after buying an additional 1,522,394 shares during the period. Franklin Resources Inc. grew its position in T-Mobile US by 9.9% during the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock worth $1,448,426,000 after buying an additional 590,711 shares during the period. Charles Schwab Investment Management Inc. grew its position in T-Mobile US by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,230,038 shares of the Wireless communications provider’s stock worth $712,966,000 after buying an additional 85,012 shares during the period. Finally, Barclays PLC grew its position in 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 worth $653,160,000 after buying an additional 876,182 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Srikant M. Datar sold 730 shares of the firm’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the transaction, the director now owns 3,291 shares of the company’s stock, valued at approximately $865,533. This trade represents a 18.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.67% of the stock is currently owned by insiders.

T-Mobile US Stock Performance

NASDAQ:TMUS opened at $260.73 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The company has a market cap of $297.69 billion, a P/E ratio of 26.96, a P/E/G ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $276.49. The firm’s 50 day moving average is $245.59 and its two-hundred day moving average is $229.56.

T-Mobile US (NASDAQ:TMUS) last posted 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%. Analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently declared 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. This represents a $3.52 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio is currently 36.40%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Oppenheimer upped their target price 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. Sanford C. Bernstein assumed coverage on shares of T-Mobile US in a research report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price target on the stock. Royal Bank of Canada reiterated a “sector perform” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Tigress Financial reiterated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Finally, KeyCorp lowered shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price target on the stock. in a research report on Thursday, December 12th. Ten 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 company. Based on data from MarketBeat.com, T-Mobile US has a consensus rating of “Moderate Buy” and an average target price of $255.05.

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.