1,339 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Acquired by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,339 shares of the Wireless communications provider's stock, valued at approximately $355,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Ancora Advisors LLC lifted its stake in shares of T-Mobile US by 16.6% in the 4th quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock valued at $57,000 after purchasing an additional 37 shares during the period. Snowden Capital Advisors LLC increased its holdings in T-Mobile US by 0.6% in the fourth quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock worth $1,411,000 after purchasing an additional 40 shares in the last quarter. Signaturefd LLC lifted its stake in T-Mobile US by 0.4% in the fourth quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock valued at $2,499,000 after buying an additional 41 shares during the period. Financial Management Professionals Inc. boosted its holdings in shares of T-Mobile US by 15.6% during the 1st quarter. Financial Management Professionals Inc. now owns 303 shares of the Wireless communications provider's stock worth $81,000 after buying an additional 41 shares in the last quarter. Finally, Continuum Advisory LLC grew its position in shares of T-Mobile US by 0.7% during the 4th quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider's stock worth $1,340,000 after buying an additional 43 shares during the period. Institutional investors own 42.49% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Citigroup lowered shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective for the company. in a research note on Friday, March 14th. Wall Street Zen downgraded shares of T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. Hsbc Global Res lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Scotiabank upgraded 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 research note on Wednesday, April 30th. Finally, Wells Fargo & Company reaffirmed an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Eleven research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, T-Mobile US presently has a consensus rating of "Moderate Buy" and a consensus price target of $257.68.

T-Mobile US Stock Up 0.2%

Shares of NASDAQ:TMUS traded up $0.53 during mid-day trading on Friday, hitting $221.52. 8,850,602 shares of the company traded hands, compared to its average volume of 4,071,426. The stock has a 50-day moving average price of $243.17 and a two-hundred day moving average price of $243.07. T-Mobile US, Inc. has a 12-month low of $173.74 and a 12-month high of $276.49. The stock has a market cap of $251.52 billion, a P/E ratio of 21.61, a P/E/G ratio of 1.22 and a beta of 0.64. The company has a current ratio of 1.16, a quick ratio of 1.08 and a debt-to-equity ratio of 1.35.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.48 by $0.10. The firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The business's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.00 EPS. On average, equities research analysts forecast 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 declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.59%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is presently 34.34%.

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction on Monday, June 16th. The stock was sold at an average price of $230.16, for a total transaction of $16,074,374.40. Following the completion of the sale, the director now directly owns 588,274,099 shares of the company's stock, valued at $135,397,166,625.84. This trade represents a 0.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In the last ninety days, insiders sold 279,360 shares of company stock valued at $63,022,219. Corporate insiders own 0.37% of the company's stock.

T-Mobile US Company 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.