Vinva Investment Management Ltd Buys 2,129 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Vinva Investment Management Ltd lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 54.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,068 shares of the Wireless communications provider’s stock after purchasing an additional 2,129 shares during the quarter. Vinva Investment Management Ltd’s holdings in T-Mobile US were worth $1,245,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. KPP Advisory Services LLC grew its holdings in T-Mobile US by 2.6% during the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock worth $360,000 after acquiring an additional 45 shares during the last quarter. DT Investment Partners LLC grew its holdings in T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 47 shares during the last quarter. Davis Investment Partners LLC grew its holdings in T-Mobile US by 0.6% during the 3rd quarter. Davis Investment Partners LLC now owns 8,223 shares of the Wireless communications provider’s stock worth $1,711,000 after acquiring an additional 51 shares during the last quarter. Barden Capital Management Inc. grew its holdings in T-Mobile US by 0.8% during the 3rd quarter. Barden Capital Management Inc. now owns 6,824 shares of the Wireless communications provider’s stock worth $1,408,000 after acquiring an additional 54 shares during the last quarter. Finally, Compton Wealth Advisory Group LLC grew its holdings in T-Mobile US by 0.4% during the 2nd quarter. Compton Wealth Advisory Group LLC now owns 15,009 shares of the Wireless communications provider’s stock worth $2,644,000 after acquiring an additional 56 shares during the last quarter. 42.49% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on TMUS shares. Daiwa America raised shares of T-Mobile US to a “hold” rating in a report on Friday, October 25th. Barclays boosted their price target on shares of T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. TD Cowen boosted their price target on shares of T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Scotiabank boosted their price target on shares of T-Mobile US from $236.00 to $237.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 24th. Finally, Morgan Stanley boosted their price target on shares of T-Mobile US from $209.00 to $239.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 29th. Three equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $241.83.

T-Mobile US Stock Performance

TMUS opened at $246.94 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The company’s fifty day moving average price is $223.98 and its two-hundred day moving average price is $197.76. T-Mobile US, Inc. has a 1-year low of $148.19 and a 1-year high of $248.15. The company has a market cap of $286.57 billion, a price-to-earnings ratio of 28.16, a PEG ratio of 1.26 and a beta of 0.50.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The firm had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. During the same quarter in the prior year, the business posted $1.82 EPS. The business’s revenue was up 4.7% compared to the same quarter last year. On average, analysts expect that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be paid a $0.88 dividend. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.43%. T-Mobile US’s payout ratio is 40.14%.

Insider Transactions at T-Mobile US

In related news, EVP Mark Wolfe Nelson sold 42,769 shares of the stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $216.26, for a total transaction of $9,249,223.94. Following the completion of the transaction, the executive vice president now owns 61,871 shares in the company, valued at approximately $13,380,222.46. This represents a 40.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the transaction, the chief executive officer now owns 378,124 shares of the company’s stock, valued at approximately $89,891,418.52. The trade was a 5.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 340,750 shares of company stock worth $72,863,634 in the last quarter. 0.67% of the stock is currently owned by corporate insiders.

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.