54,740 Shares in T-Mobile US, Inc. $TMUS Purchased by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 54,740 T-Mobile US shares during the second quarter, valued at approximately $9.18 million. Hedge funds and institutional investors collectively own 42.49% of TMUS stock.
• T-Mobile reported quarterly earnings of $2.99 per share, beating estimates of $2.59, while revenue reached $22.79 billion and rose 7.9% year over year.
• The company declared a quarterly dividend of $1.02 per share, equivalent to $4.08 annually and a 2.3% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $252.08.

B. Metzler seel. Sohn & Co. AG acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 54,740 shares of the Wireless communications provider's stock, valued at approximately $9,182,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TMUS. JDM Financial Group LLC increased its stake in shares of T-Mobile US by 114.0% in the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider's stock worth $25,000 after purchasing an additional 65 shares in the last quarter. Main Street Group LTD purchased a new stake in shares of T-Mobile US during the 1st quarter valued at approximately $25,000. Paladin Partners LLC purchased a new stake in shares of T-Mobile US during the 2nd quarter valued at approximately $25,000. Dunhill Financial LLC bought a new position in T-Mobile US in the 2nd quarter worth approximately $27,000. Finally, Swiss RE Ltd. bought a new position in T-Mobile US in the 4th quarter worth approximately $29,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

T-Mobile US Stock Performance

Shares of TMUS opened at $181.22 on Friday. T-Mobile US, Inc. has a 12-month low of $165.66 and a 12-month high of $261.25. The company has a current ratio of 0.92, a quick ratio of 0.83 and a debt-to-equity ratio of 1.48. The company has a market cap of $194.39 billion, a PE ratio of 18.98, a price-to-earnings-growth ratio of 1.03 and a beta of 0.33. The stock has a 50-day moving average price of $181.54 and a 200-day moving average price of $194.06.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.40. The company had revenue of $22.79 billion for the quarter, compared to analysts' expectations of $22.95 billion. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. T-Mobile US's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.84 earnings per share. As a group, equities analysts forecast that T-Mobile US, Inc. will post 10.73 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 28th will be paid a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, August 28th. T-Mobile US's dividend payout ratio is currently 42.72%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on TMUS. TD Cowen dropped their target price on T-Mobile US from $261.00 to $260.00 and set a "buy" rating on the stock in a research report on Friday, July 24th. JPMorgan Chase & Co. reiterated a "buy" rating on shares of T-Mobile US in a research report on Tuesday, May 19th. Wolfe Research reiterated a "peer perform" rating on shares of T-Mobile US in a research note on Friday, August 14th. Oppenheimer raised T-Mobile US from a "market perform" rating to an "outperform" rating and set a $260.00 price objective on the stock in a report on Wednesday, April 29th. Finally, Scotiabank cut their target price on T-Mobile US from $263.00 to $243.00 and set a "sector outperform" rating for the company in a research note on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, T-Mobile US presently has an average rating of "Moderate Buy" and an average price target of $252.08.

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.

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