T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Vinva Investment Management Ltd

Vinva Investment Management Ltd lifted its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 186.6% in the fourth quarter, HoldingsChannel reports. The fund owned 17,393 shares of the Wireless communications provider’s stock after purchasing an additional 11,325 shares during the quarter. Vinva Investment Management Ltd’s holdings in T-Mobile US were worth $3,838,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in TMUS. Dunhill Financial LLC lifted its stake in shares of T-Mobile US by 76.7% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after acquiring an additional 56 shares during the period. Rakuten Securities Inc. lifted its stake in shares of T-Mobile US by 93.9% in the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 62 shares during the period. Financial Life Planners acquired a new stake in shares of T-Mobile US in the 4th quarter worth approximately $29,000. Legacy Investment Solutions LLC acquired a new stake in shares of T-Mobile US in the 3rd quarter worth approximately $34,000. Finally, Bruce G. Allen Investments LLC lifted its stake in T-Mobile US by 79.3% during the fourth quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock valued at $36,000 after purchasing an additional 73 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Activity at T-Mobile US

In related 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 directly owns 3,291 shares in the company, valued at approximately $865,533. This trade represents a 18.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.67% of the stock is currently owned by company insiders.

T-Mobile US Stock Performance

Shares of TMUS opened at $259.25 on Thursday. The company’s fifty day moving average is $246.46 and its 200-day moving average is $229.77. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $276.49. The firm has a market cap of $296.00 billion, a price-to-earnings ratio of 26.81, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly 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%. Equities 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 announced 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 is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.36%. T-Mobile US’s payout ratio is presently 36.40%.

Analysts Set New Price Targets

TMUS has been the subject of several recent research reports. Scotiabank increased their target price on shares of T-Mobile US from $247.00 to $275.00 and gave the company a “sector perform” rating in a research note on Monday, March 3rd. Royal Bank of Canada reissued a “sector perform” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Barclays increased their target price 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. Hsbc Global Res lowered shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Finally, Wells Fargo & Company reissued an “equal weight” rating on shares of T-Mobile US in a research note 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 issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $255.05.

About T-Mobile US

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.