denkapparat Operations GmbH Takes $519,000 Position in T-Mobile US, Inc. (NASDAQ:TMUS)

denkapparat Operations GmbH purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 2,352 shares of the Wireless communications provider’s stock, valued at approximately $519,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Orion Portfolio Solutions LLC lifted its stake in shares of T-Mobile US by 8.3% in the 4th quarter. Orion Portfolio Solutions LLC now owns 21,564 shares of the Wireless communications provider’s stock valued at $4,760,000 after purchasing an additional 1,647 shares during the last quarter. Broadway Wealth Solutions Inc. acquired a new position in T-Mobile US in the fourth quarter valued at about $310,000. New Age Alpha Advisors LLC boosted its stake in T-Mobile US by 51,463.4% during the fourth quarter. New Age Alpha Advisors LLC now owns 57,751 shares of the Wireless communications provider’s stock worth $12,747,000 after buying an additional 57,639 shares during the period. Norges Bank acquired a new stake in shares of T-Mobile US during the fourth quarter valued at about $1,802,393,000. Finally, NEOS Investment Management LLC raised its stake in shares of T-Mobile US by 18.4% in the 4th quarter. NEOS Investment Management LLC now owns 107,525 shares of the Wireless communications provider’s stock valued at $23,734,000 after acquiring an additional 16,686 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $268.28 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a one year low of $159.14 and a one year high of $276.49. The company has a 50-day simple moving average of $252.00 and a 200-day simple moving average of $232.15. The stock has a market capitalization of $306.31 billion, a price-to-earnings ratio of 27.74, a PEG ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping 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%. On average, analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.31%. T-Mobile US’s payout ratio is currently 36.40%.

Analyst Ratings Changes

A number of analysts have issued reports on TMUS shares. Scotiabank boosted their target price 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. Morgan Stanley initiated coverage on T-Mobile US in a research note on Monday, December 16th. They set an “overweight” rating and a $280.00 target price on the stock. Tigress Financial reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Hsbc Global Res cut shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Finally, Wells Fargo & Company restated an “equal weight” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Eleven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $256.80.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now directly owns 3,291 shares of the company’s stock, valued at $865,533. This represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.67% of the company’s stock.

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.