Versor Investments LP Has $1.30 Million Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Versor Investments LP grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 72.8% during the fourth quarter, HoldingsChannel reports. The firm owned 5,874 shares of the Wireless communications provider’s stock after buying an additional 2,474 shares during the quarter. Versor Investments LP’s holdings in T-Mobile US were worth $1,297,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. PFG Investments LLC grew its position in shares of T-Mobile US by 16.6% in the third quarter. PFG Investments LLC now owns 1,456 shares of the Wireless communications provider’s stock valued at $301,000 after purchasing an additional 207 shares during the last quarter. Modera Wealth Management LLC bought a new stake in T-Mobile US during the 3rd quarter valued at approximately $315,000. J.W. Cole Advisors Inc. acquired a new stake in T-Mobile US in the 3rd quarter valued at approximately $562,000. Old Port Advisors acquired a new stake in T-Mobile US in the 3rd quarter valued at approximately $220,000. Finally, Pallas Capital Advisors LLC bought a new position in T-Mobile US in the 3rd quarter worth approximately $205,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TMUS has been the topic of several research analyst reports. Oppenheimer raised their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Benchmark restated a “buy” rating on shares of T-Mobile US in a research report on Wednesday. Wells Fargo & Company reaffirmed an “equal weight” rating on shares of T-Mobile US in a research report on Wednesday. Tigress Financial reissued a “buy” rating on shares of T-Mobile US in a report on Wednesday. Finally, Barclays increased their price objective 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. Seven investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $251.79.

T-Mobile US Price Performance

T-Mobile US stock opened at $263.58 on Thursday. The firm has a market cap of $300.94 billion, a PE ratio of 27.26, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56. 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 stock’s fifty day moving average price is $233.61 and its two-hundred day moving average price is $222.99. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $273.40.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating 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, research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.34%. T-Mobile US’s dividend payout ratio is currently 36.40%.

Insiders Place Their Bets

In other T-Mobile US news, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the sale, the director now directly owns 5,653 shares of the company’s stock, valued at $1,306,295.24. The trade was a 16.29 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Andre Almeida purchased 3,808 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were acquired at an average cost of $235.72 per share, with a total value of $897,621.76. Following the purchase, the director now directly owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders own 0.67% of the company’s stock.

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.