Marathon Trading Investment Management LLC Purchases 1,000 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Marathon Trading Investment Management LLC grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 55.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,805 shares of the Wireless communications provider’s stock after buying an additional 1,000 shares during the quarter. Marathon Trading Investment Management LLC’s holdings in T-Mobile US were worth $619,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Independent Advisor Alliance lifted its stake in T-Mobile US by 13.4% during the fourth quarter. Independent Advisor Alliance now owns 43,447 shares of the Wireless communications provider’s stock worth $9,590,000 after purchasing an additional 5,145 shares during the last quarter. Marvin & Palmer Associates Inc. raised its holdings in shares of T-Mobile US by 56.5% during the 4th quarter. Marvin & Palmer Associates Inc. now owns 22,461 shares of the Wireless communications provider’s stock worth $4,958,000 after buying an additional 8,109 shares in the last quarter. Johnson Investment Counsel Inc. raised its holdings in shares of T-Mobile US by 3.2% during the 4th quarter. Johnson Investment Counsel Inc. now owns 1,685 shares of the Wireless communications provider’s stock worth $372,000 after buying an additional 53 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in shares of T-Mobile US by 5.2% during the 4th quarter. Daiwa Securities Group Inc. now owns 146,940 shares of the Wireless communications provider’s stock worth $32,434,000 after buying an additional 7,212 shares during the last quarter. Finally, Moran Wealth Management LLC boosted its stake in T-Mobile US by 0.8% in the fourth quarter. Moran Wealth Management LLC now owns 18,510 shares of the Wireless communications provider’s stock valued at $4,086,000 after buying an additional 139 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the sale, the director now owns 3,291 shares in the company, valued at $865,533. This represents a 18.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the stock in a transaction on Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of the sale, the director now directly owns 5,653 shares in the company, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is owned by corporate insiders.

T-Mobile US Trading Up 0.5 %

TMUS opened at $266.63 on Tuesday. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $276.49. 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 business has a 50 day simple moving average of $240.72 and a two-hundred day simple moving average of $227.13. The firm has a market capitalization of $304.42 billion, a price-to-earnings ratio of 27.57, a PEG ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS) last announced its 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%. Analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders 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 1.32%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s payout ratio is 36.40%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Oppenheimer increased their target price on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Scotiabank upped their price target on T-Mobile US from $247.00 to $275.00 and gave the company a “sector perform” rating in a research report on Monday, March 3rd. JPMorgan Chase & Co. upped their target price on T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Morgan Stanley initiated coverage on shares of T-Mobile US in a research report on Monday, December 16th. They issued an “overweight” rating and a $280.00 price target on the stock. Finally, HSBC cut shares of T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price objective for the company. in a research report on Wednesday, March 5th. Nine equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $254.10.

T-Mobile US 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.