2,686 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Bought by Yeomans Consulting Group Inc.

Yeomans Consulting Group Inc. bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,686 shares of the Wireless communications provider's stock, valued at approximately $716,000.

A number of other hedge funds have also made changes to their positions in the company. Godsey & Gibb Inc. increased its holdings in T-Mobile US by 139.5% during the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after purchasing an additional 60 shares during the last quarter. CoreFirst Bank & Trust acquired a new position in T-Mobile US during the 4th quarter worth $28,000. Adirondack Trust Co. boosted its position in T-Mobile US by 366.7% during the 1st quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock worth $37,000 after acquiring an additional 110 shares during the period. City Holding Co. lifted its holdings in shares of T-Mobile US by 45.3% in the first quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock valued at $37,000 after buying an additional 43 shares during the period. Finally, Pinney & Scofield Inc. acquired a new stake in shares of T-Mobile US in the fourth quarter valued at $39,000. Hedge funds and other institutional investors own 42.49% of the company's stock.

Wall Street Analyst Weigh In

TMUS has been the subject of several analyst reports. Redburn Atlantic raised T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price for the company in a report on Monday, July 7th. Wall Street Zen downgraded T-Mobile US from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Rothschild & Co Redburn raised T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price target for the company in a report on Monday, July 7th. Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and lifted their target price for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. Finally, UBS Group cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat, T-Mobile US presently has an average rating of "Moderate Buy" and a consensus price target of $252.61.

T-Mobile US Stock Up 0.1%

NASDAQ TMUS traded up $0.21 on Friday, hitting $227.24. The stock had a trading volume of 532,104 shares, compared to its average volume of 4,082,216. The stock has a market cap of $258.02 billion, a price-to-earnings ratio of 22.15, a price-to-earnings-growth ratio of 1.27 and a beta of 0.62. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.16 and a quick ratio of 1.08. T-Mobile US, Inc. has a 52-week low of $173.74 and a 52-week high of $276.49. The business's fifty day moving average price is $235.62 and its 200 day moving average price is $243.67.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.10. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. During the same quarter in the prior year, the firm earned $2.00 EPS. The company's revenue for the quarter was up 6.6% on a year-over-year basis. Equities research analysts anticipate 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 announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Friday, August 29th. T-Mobile US's payout ratio is 34.34%.

Insider Activity at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $228.28, for a total transaction of $15,943,075.20. Following the completion of the sale, the director directly owned 647,171,964 shares in the company, valued at $147,736,415,941.92. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold a total of 1,116,990 shares of company stock valued at $256,892,992 in the last ninety days. 0.37% of the stock is owned by company insiders.

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.

Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.