Groupama Asset Managment Buys 43,226 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Groupama Asset Managment lifted its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 18.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 279,498 shares of the Wireless communications provider’s stock after buying an additional 43,226 shares during the quarter. Groupama Asset Managment’s holdings in T-Mobile US were worth $61,674,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Dunhill Financial LLC raised its stake in T-Mobile US by 76.7% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after acquiring an additional 56 shares during the period. Rakuten Securities Inc. raised its position in shares of T-Mobile US by 93.9% during the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 62 shares during the period. CoreFirst Bank & Trust purchased a new position in shares of T-Mobile US during the 4th quarter valued at $28,000. Financial Life Planners bought a new position in T-Mobile US in the 4th quarter worth $29,000. Finally, Legacy Investment Solutions LLC purchased a new stake in T-Mobile US in the 3rd quarter worth $34,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS opened at $266.71 on Tuesday. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 12 month low of $159.14 and a 12 month high of $276.49. The company has a market capitalization of $304.51 billion, a price-to-earnings ratio of 27.58, a PEG ratio of 1.55 and a beta of 0.64. The firm’s 50-day moving average is $253.88 and its 200 day moving average is $233.59.

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

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.32%. T-Mobile US’s dividend payout ratio (DPR) is 36.40%.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now directly owns 3,291 shares of the company’s stock, valued at $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on TMUS. Sanford C. Bernstein assumed coverage on T-Mobile US in a research report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price objective on the stock. Benchmark restated a “buy” rating and issued a $275.00 price target on shares of T-Mobile US in a research note on Thursday, March 27th. Royal Bank of Canada boosted their target price on shares of T-Mobile US from $245.00 to $260.00 and gave the stock a “sector perform” rating in a report on Friday, March 21st. Bank of America raised their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. Finally, Barclays boosted their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Eleven research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $256.80.

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.