Generali Asset Management SPA SGR Purchases 4,433 Shares of T-Mobile US, Inc. $TMUS

Generali Asset Management SPA SGR lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 18.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 28,109 shares of the Wireless communications provider’s stock after purchasing an additional 4,433 shares during the quarter. Generali Asset Management SPA SGR’s holdings in T-Mobile US were worth $6,729,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Clark Capital Management Group Inc. lifted its holdings in shares of T-Mobile US by 5.5% in the 1st quarter. Clark Capital Management Group Inc. now owns 2,853 shares of the Wireless communications provider’s stock valued at $761,000 after acquiring an additional 148 shares during the last quarter. Edmond DE Rothschild Holding S.A. increased its stake in T-Mobile US by 1.4% during the first quarter. Edmond DE Rothschild Holding S.A. now owns 18,910 shares of the Wireless communications provider’s stock worth $5,043,000 after acquiring an additional 258 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in T-Mobile US by 17.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 933,410 shares of the Wireless communications provider’s stock worth $248,950,000 after acquiring an additional 140,939 shares during the last quarter. Nissay Asset Management Corp Japan ADV raised its position in T-Mobile US by 12.1% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 204,666 shares of the Wireless communications provider’s stock valued at $54,586,000 after purchasing an additional 22,135 shares during the period. Finally, Plancorp LLC bought a new stake in shares of T-Mobile US in the 1st quarter valued at approximately $280,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In related news, insider Michael J. Katz sold 2,500 shares of T-Mobile US stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $215.91, for a total value of $539,775.00. Following the completion of the sale, the insider directly owned 156,203 shares in the company, valued at $33,725,789.73. The trade was a 1.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director G Michael Sievert sold 22,500 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $216.97, for a total transaction of $4,881,825.00. Following the completion of the sale, the director directly owned 308,696 shares of the company’s stock, valued at approximately $66,977,771.12. This trade represents a 6.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 721,749 shares of company stock worth $162,391,436 over the last quarter. Insiders own 0.37% of the company’s stock.

Analysts Set New Price Targets

TMUS has been the topic of several analyst reports. Hsbc Global Res raised T-Mobile US from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. DZ Bank reiterated a “buy” rating on shares of T-Mobile US in a research report on Tuesday, October 28th. The Goldman Sachs Group lowered their target price on shares of T-Mobile US from $287.00 to $251.00 and set a “buy” rating for the company in a report on Friday, December 12th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of T-Mobile US in a report on Monday, December 15th. Finally, KeyCorp raised shares of T-Mobile US from an “underweight” rating to a “sector weight” rating in a research report on Tuesday, December 2nd. Three research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.17.

T-Mobile US Trading Down 1.7%

NASDAQ TMUS opened at $199.58 on Friday. T-Mobile US, Inc. has a 12 month low of $194.01 and a 12 month high of $276.49. The company’s 50-day moving average price is $205.73 and its 200-day moving average price is $226.65. The stock has a market cap of $223.23 billion, a PE ratio of 19.19, a PEG ratio of 1.19 and a beta of 0.44. The company has a current ratio of 0.89, a quick ratio of 0.80 and a debt-to-equity ratio of 1.37.

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

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 27th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, February 27th. T-Mobile US’s dividend payout ratio (DPR) is presently 39.23%.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.