Xponance Inc. Increases Stock Holdings in T-Mobile US, Inc. $TMUS

Xponance Inc. lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 17.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,749 shares of the Wireless communications provider’s stock after purchasing an additional 12,143 shares during the quarter. Xponance Inc.’s holdings in T-Mobile US were worth $19,330,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Integrated Advisors Network LLC raised its position in T-Mobile US by 24.1% during the 3rd quarter. Integrated Advisors Network LLC now owns 5,152 shares of the Wireless communications provider’s stock worth $1,233,000 after buying an additional 1,002 shares during the last quarter. DNB Asset Management AS increased its stake in shares of T-Mobile US by 27.7% during the third quarter. DNB Asset Management AS now owns 715,202 shares of the Wireless communications provider’s stock worth $171,205,000 after acquiring an additional 155,260 shares during the period. Westpac Banking Corp raised its holdings in T-Mobile US by 8.9% during the third quarter. Westpac Banking Corp now owns 4,608 shares of the Wireless communications provider’s stock worth $1,103,000 after purchasing an additional 376 shares in the last quarter. Interchange Capital Partners LLC lifted its position in T-Mobile US by 36.5% in the third quarter. Interchange Capital Partners LLC now owns 2,628 shares of the Wireless communications provider’s stock valued at $629,000 after purchasing an additional 703 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in T-Mobile US by 9.6% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,146,634 shares of the Wireless communications provider’s stock valued at $274,481,000 after purchasing an additional 100,901 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on TMUS. DZ Bank reiterated a “buy” rating on shares of T-Mobile US in a research report on Friday, February 13th. The Goldman Sachs Group upped their price objective on T-Mobile US from $233.00 to $254.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. BNP Paribas Exane reduced their target price on T-Mobile US from $300.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, January 16th. Weiss Ratings cut shares of T-Mobile US from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Finally, Morgan Stanley cut their price target on shares of T-Mobile US from $280.00 to $260.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and an average price target of $257.09.

Insider Transactions at T-Mobile US

In other T-Mobile US news, insider Mark Wolfe Nelson sold 2,329 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $222.38, for a total transaction of $517,923.02. Following the transaction, the insider owned 65,677 shares of the company’s stock, valued at $14,605,251.26. This trade represents a 3.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Peter Osvaldik sold 27,000 shares of T-Mobile US stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $214.86, for a total transaction of $5,801,220.00. Following the completion of the transaction, the chief financial officer owned 51,573 shares in the company, valued at approximately $11,080,974.78. This trade represents a 34.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 692,300 shares of company stock valued at $150,426,595 in the last quarter. Insiders own 0.37% of the company’s stock.

T-Mobile US Stock Performance

Shares of NASDAQ TMUS opened at $213.15 on Friday. The company has a 50-day simple moving average of $200.29 and a 200-day simple moving average of $217.51. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.00 and a quick ratio of 0.90. The company has a market cap of $234.86 billion, a PE ratio of 21.95, a price-to-earnings-growth ratio of 1.41 and a beta of 0.44. T-Mobile US, Inc. has a 12 month low of $181.36 and a 12 month high of $276.49.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 27th will be given a $1.02 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.08 annualized dividend and a dividend yield of 1.9%. T-Mobile US’s dividend payout ratio (DPR) is currently 42.02%.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.