Banco Bilbao Vizcaya Argentaria S.A. Buys 4,542 Shares of T-Mobile US, Inc. $TMUS

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Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 4.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 109,063 shares of the Wireless communications provider's stock after acquiring an additional 4,542 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in T-Mobile US were worth $29,096,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Groupama Asset Managment increased its stake in T-Mobile US by 18.8% during the 1st quarter. Groupama Asset Managment now owns 331,919 shares of the Wireless communications provider's stock worth $87,935,000 after acquiring an additional 52,421 shares during the period. Berkshire Asset Management LLC PA bought a new position in T-Mobile US during the 1st quarter worth $378,000. BI Asset Management Fondsmaeglerselskab A S increased its stake in T-Mobile US by 78.4% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 86,310 shares of the Wireless communications provider's stock worth $23,020,000 after acquiring an additional 37,935 shares during the period. Legacy Financial Advisors Inc. boosted its holdings in shares of T-Mobile US by 4.5% in the 1st quarter. Legacy Financial Advisors Inc. now owns 2,365 shares of the Wireless communications provider's stock valued at $631,000 after purchasing an additional 101 shares in the last quarter. Finally, Blue Investment Partners LLC acquired a new stake in shares of T-Mobile US in the 1st quarter valued at $227,000. Institutional investors own 42.49% of the company's stock.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $238.08, for a total value of $16,627,507.20. Following the completion of the transaction, the director directly owned 647,660,844 shares of the company's stock, valued at approximately $154,195,093,739.52. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last three months, insiders sold 1,974,370 shares of company stock valued at $462,526,830. Company insiders own 0.37% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on TMUS. Wall Street Zen downgraded T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Redburn Atlantic raised T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price on the stock in a report on Monday, July 7th. Tigress Financial raised their target price on T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and raised their target price for the company from $275.00 to $277.50 in a report on Wednesday, April 30th. Finally, Morgan Stanley raised their target price on T-Mobile US from $265.00 to $285.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat, T-Mobile US presently has an average rating of "Moderate Buy" and a consensus price target of $256.31.

T-Mobile US Stock Performance

TMUS stock opened at $255.18 on Tuesday. The stock has a 50-day moving average price of $235.93 and a 200-day moving average price of $247.58. T-Mobile US, Inc. has a 1-year low of $192.61 and a 1-year high of $276.49. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. The firm has a market cap of $287.18 billion, a PE ratio of 24.07, a price-to-earnings-growth ratio of 1.39 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%. The firm had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same period last year, the company posted $2.49 EPS. The business's quarterly revenue was up 6.9% on a year-over-year basis. As a group, equities research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be given a $0.88 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 annualized dividend and a dividend yield of 1.4%. T-Mobile US's dividend payout ratio (DPR) is 33.21%.

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.

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