T-Mobile US, Inc. $TMUS Stock Holdings Lessened by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC reduced its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 11.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 43,715 shares of the Wireless communications provider’s stock after selling 5,408 shares during the quarter. New Age Alpha Advisors LLC’s holdings in T-Mobile US were worth $10,464,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of T-Mobile US during the 2nd quarter valued at $1,477,780,000. Marshall Wace LLP boosted its position in T-Mobile US by 2,303.2% during the second quarter. Marshall Wace LLP now owns 1,797,086 shares of the Wireless communications provider’s stock valued at $428,174,000 after purchasing an additional 1,878,654 shares during the last quarter. Viking Global Investors LP increased its position in T-Mobile US by 81.7% in the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock worth $677,925,000 after purchasing an additional 1,279,422 shares during the last quarter. State Street Corp raised its stake in shares of T-Mobile US by 4.5% during the 2nd quarter. State Street Corp now owns 23,141,316 shares of the Wireless communications provider’s stock worth $5,513,650,000 after purchasing an additional 994,740 shares in the last quarter. Finally, Crake Asset Management LLP acquired a new stake in shares of T-Mobile US during the 2nd quarter valued at about $160,945,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Up 1.8%

Shares of TMUS stock opened at $217.09 on Friday. T-Mobile US, Inc. has a 12 month low of $181.36 and a 12 month high of $276.49. The stock has a 50 day moving average of $200.69 and a 200-day moving average of $217.05. The firm has a market cap of $239.20 billion, a PE ratio of 22.36, a price-to-earnings-growth ratio of 1.40 and a beta of 0.44. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 1.45.

T-Mobile US Dividend Announcement

The company 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 dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.08 dividend on an annualized basis and a yield of 1.9%. T-Mobile US’s dividend payout ratio (DPR) is 42.02%.

Insider Activity

In other news, Director G Michael Sievert sold 80,000 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $214.94, for a total transaction of $17,195,200.00. Following the sale, the director directly owned 140,696 shares in the company, valued at approximately $30,241,198.24. The trade was a 36.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Raul Marcelo Claure sold 550,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $217.57, for a total value of $119,663,500.00. Following the completion of the transaction, the director directly owned 891,204 shares of the company’s stock, valued at approximately $193,899,254.28. This trade represents a 38.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 692,300 shares of company stock valued at $150,426,595. Corporate insiders own 0.37% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Oppenheimer downgraded T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, November 21st. BNP Paribas Exane reduced their price objective on shares of T-Mobile US from $300.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. Barclays increased their target price on shares of T-Mobile US from $240.00 to $245.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Benchmark reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Thursday, February 12th. Finally, Tigress Financial increased their price objective on T-Mobile US from $305.00 to $310.00 and gave the company a “buy” rating in a report on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $257.09.

T-Mobile US Company Profile

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.