T-Mobile US, Inc. $TMUS Shares Bought by Adage Capital Partners GP L.L.C.

Adage Capital Partners GP L.L.C. grew its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 26.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 501,734 shares of the Wireless communications provider’s stock after purchasing an additional 104,400 shares during the period. Adage Capital Partners GP L.L.C.’s holdings in T-Mobile US were worth $119,543,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of TMUS. Activest Wealth Management raised its position in T-Mobile US by 9,400.0% during the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 94 shares during the last quarter. Howard Hughes Medical Institute purchased a new stake in shares of T-Mobile US in the second quarter valued at about $25,000. Missouri Trust & Investment Co increased its stake in shares of T-Mobile US by 807.7% during the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 105 shares during the period. Aspect Partners LLC raised its holdings in T-Mobile US by 112.1% during the second quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock worth $29,000 after purchasing an additional 65 shares in the last quarter. Finally, CoreFirst Bank & Trust purchased a new position in T-Mobile US during the second quarter worth about $31,000. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Trading Down 0.1%

NASDAQ:TMUS opened at $195.16 on Friday. T-Mobile US, Inc. has a 52-week low of $194.01 and a 52-week high of $276.49. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37. The stock has a fifty day simple moving average of $213.74 and a 200-day simple moving average of $230.71. The company has a market capitalization of $218.29 billion, a PE ratio of 18.77, a price-to-earnings-growth ratio of 1.25 and a beta of 0.44.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, beating analysts’ consensus estimates of $2.40 by $0.01. The firm had revenue of $21.96 billion for the quarter, compared to analysts’ expectations of $21.61 billion. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The firm’s revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the company earned $2.61 EPS. On average, equities research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 27th will be given a $1.02 dividend. The ex-dividend date is Friday, February 27th. This represents a $4.08 annualized dividend and a dividend yield of 2.1%. T-Mobile US’s dividend payout ratio is currently 39.23%.

Analyst Ratings Changes

A number of brokerages have weighed in on TMUS. Williams Trading set a $263.00 price objective on T-Mobile US in a report on Friday, October 24th. Benchmark raised their price target on T-Mobile US from $275.00 to $295.00 and gave the company a “buy” rating in a report on Friday, October 10th. Hsbc Global Res raised T-Mobile US from a “hold” rating to a “strong-buy” rating in a report on Friday, October 24th. Rothschild Redb upgraded T-Mobile US to a “hold” rating in a research report on Tuesday, September 30th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of T-Mobile US from $280.00 to $300.00 in a research report on Thursday, October 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $263.71.

Insider Buying and Selling at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 64,452 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $240.65, for a total value of $15,510,373.80. Following the sale, the director owned 634,821,326 shares of the company’s stock, valued at approximately $152,769,752,101.90. This represents a 0.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders have sold 1,237,172 shares of company stock worth $284,993,242. Company insiders own 0.37% 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.