6,118 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Bought by AXQ Capital LP

AXQ Capital LP purchased a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,118 shares of the Wireless communications provider’s stock, valued at approximately $1,350,000. T-Mobile US makes up approximately 0.6% of AXQ Capital LP’s holdings, making the stock its 26th biggest holding.

Other institutional investors have also bought and sold shares of the company. Dunhill Financial LLC grew its holdings in T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after buying an additional 56 shares in the last quarter. Rakuten Securities Inc. grew its stake in T-Mobile US by 93.9% in the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 62 shares during the period. Financial Life Planners bought a new position in T-Mobile US in the 4th quarter valued at $29,000. Legacy Investment Solutions LLC bought a new position in T-Mobile US in the 3rd quarter valued at $34,000. Finally, Bruce G. Allen Investments LLC grew its stake in shares of T-Mobile US by 79.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock worth $36,000 after acquiring an additional 73 shares during the period. Institutional investors own 42.49% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Sanford C. Bernstein assumed coverage on T-Mobile US in a research note on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price target for the company. Evercore ISI raised T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. KeyCorp cut T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective on the stock. in a report on Thursday, December 12th. JPMorgan Chase & Co. increased their price objective on T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Wells Fargo & Company reissued an “equal weight” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Ten investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and an average target price of $255.80.

Insiders Place Their Bets

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the firm’s 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 transaction, the director now directly owns 3,291 shares in the company, valued at $865,533. This trade represents a 18.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.67% of the stock is currently owned by company insiders.

T-Mobile US Price Performance

Shares of TMUS stock opened at $255.84 on Friday. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $276.49. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The firm has a market capitalization of $292.10 billion, a P/E ratio of 26.46, a P/E/G ratio of 1.55 and a beta of 0.64. The stock has a 50 day moving average price of $248.19 and a 200 day moving average price of $230.36.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, sell-side analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Investors 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 dividend yield of 1.38%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio is currently 36.40%.

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.