Crew Capital Management Ltd. Acquires New Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Crew Capital Management Ltd. bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, Holdings Channel.com reports. The fund bought 1,293 shares of the Wireless communications provider’s stock, valued at approximately $207,000.

Several other institutional investors have also recently added to or reduced their stakes in TMUS. Valley National Advisers Inc. lifted its position in T-Mobile US by 232.1% in the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 123 shares during the last quarter. BluePath Capital Management LLC purchased a new position in shares of T-Mobile US during the third quarter valued at approximately $26,000. Baker Avenue Asset Management LP lifted its stake in shares of T-Mobile US by 63.3% during the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock valued at $29,000 after buying an additional 81 shares during the period. Bay Harbor Wealth Management LLC purchased a new position in shares of T-Mobile US during the fourth quarter valued at approximately $34,000. Finally, Raleigh Capital Management Inc. increased its position in T-Mobile US by 54.5% during the third quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 90 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Trading Up 0.2 %

NASDAQ TMUS traded up $0.29 on Monday, reaching $164.25. The company had a trading volume of 3,451,153 shares, compared to its average volume of 4,550,997. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 1.25. T-Mobile US, Inc. has a 52 week low of $124.92 and a 52 week high of $168.64. The stock has a market cap of $194.94 billion, a price-to-earnings ratio of 22.36, a PEG ratio of 0.67 and a beta of 0.49. The stock’s 50 day moving average is $162.51 and its 200-day moving average is $157.18.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, beating the consensus estimate of $1.83 by $0.17. The firm had revenue of $19.59 billion during the quarter, compared to the consensus estimate of $19.81 billion. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The business’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.58 earnings per share. Equities analysts predict that T-Mobile US, Inc. will post 8.97 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 Thursday, June 13th. Stockholders of record on Friday, May 31st will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.58%. The ex-dividend date is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is 35.37%.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 194,910 shares of the business’s stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $161.40, for a total value of $31,458,474.00. Following the sale, the director now directly owns 689,541,011 shares of the company’s stock, valued at approximately $111,291,919,175.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Telekom Ag Deutsche sold 194,910 shares of the business’s stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $161.40, for a total value of $31,458,474.00. Following the sale, the director now directly owns 689,541,011 shares of the company’s stock, valued at approximately $111,291,919,175.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Callie R. Field sold 5,844 shares of the business’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $168.44, for a total transaction of $984,363.36. Following the completion of the sale, the insider now directly owns 102,555 shares in the company, valued at $17,274,364.20. The disclosure for this sale can be found here. Insiders sold 5,985,409 shares of company stock valued at $971,083,803 in the last quarter. Company insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

TMUS has been the subject of several recent research reports. Citigroup increased their price objective on shares of T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research report on Monday, March 25th. Tigress Financial increased their price objective on shares of T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Royal Bank of Canada raised their price target on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a research report on Friday. Benchmark reiterated a “buy” rating and issued a $200.00 price objective on shares of T-Mobile US in a research report on Friday, January 26th. Finally, KeyCorp raised their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday. One equities research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US currently has an average rating of “Buy” and an average target price of $186.33.

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.