New Age Alpha Advisors LLC Buys 57,639 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

New Age Alpha Advisors LLC boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 51,463.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,751 shares of the Wireless communications provider’s stock after acquiring an additional 57,639 shares during the quarter. New Age Alpha Advisors LLC’s holdings in T-Mobile US were worth $12,747,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of TMUS. Barclays PLC grew its stake in shares of T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after purchasing an additional 876,182 shares during the last quarter. Gladstone Institutional Advisory LLC purchased a new stake in T-Mobile US in the fourth quarter worth $1,552,000. Trust Co. of Vermont boosted its holdings in T-Mobile US by 11.9% in the fourth quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock valued at $5,954,000 after acquiring an additional 2,865 shares in the last quarter. Rice Partnership LLC bought a new position in T-Mobile US in the 4th quarter worth $7,678,000. Finally, Exchange Traded Concepts LLC lifted its position in shares of T-Mobile US by 737.8% in the 4th quarter. Exchange Traded Concepts LLC now owns 56,521 shares of the Wireless communications provider’s stock worth $12,476,000 after purchasing an additional 49,775 shares during the period. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Trading Up 2.2 %

Shares of TMUS stock opened at $268.28 on Friday. 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 company has a market cap 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, Inc. has a 1 year low of $159.14 and a 1 year high of $276.49. The firm has a fifty day moving average price of $252.00 and a 200-day moving average price of $232.15.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, equities analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

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

Wall Street Analyst Weigh In

TMUS has been the topic of a number of research analyst reports. Morgan Stanley initiated coverage on T-Mobile US in a report on Monday, December 16th. They set an “overweight” rating and a $280.00 target price on the stock. Sanford C. Bernstein started coverage on T-Mobile US in a research report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price objective for the company. Barclays upped their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Finally, Hsbc Global Res cut T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Eleven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $256.80.

Insider Buying and Selling at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of the firm’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now directly owns 3,291 shares in the company, valued at $865,533. This trade represents a 18.15 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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.