Brookwood Investment Group LLC purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 7,320 shares of the Wireless communications provider's stock, valued at approximately $1,952,000.
Several other large investors have also recently modified their holdings of TMUS. Ancora Advisors LLC increased its holdings 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 worth $57,000 after purchasing an additional 37 shares in the last quarter. Snowden Capital Advisors LLC boosted its position in shares of T-Mobile US by 0.6% during the fourth quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock valued at $1,411,000 after buying an additional 40 shares during the last quarter. Financial Management Professionals Inc. increased its holdings in T-Mobile US by 15.6% in 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. Hohimer Wealth Management LLC raised its position in T-Mobile US by 2.3% in the 1st quarter. Hohimer Wealth Management LLC now owns 1,800 shares of the Wireless communications provider's stock worth $480,000 after buying an additional 41 shares during the last quarter. Finally, Journey Strategic Wealth LLC lifted its stake in T-Mobile US by 4.2% during the 1st quarter. Journey Strategic Wealth LLC now owns 1,022 shares of the Wireless communications provider's stock valued at $273,000 after acquiring an additional 41 shares during the period. Hedge funds and other institutional investors own 42.49% of the company's stock.
T-Mobile US Price Performance
TMUS stock traded up $13.27 during trading on Thursday, reaching $247.20. The company's stock had a trading volume of 3,252,405 shares, compared to its average volume of 4,339,828. The company has a quick ratio of 1.08, a current ratio of 1.16 and a debt-to-equity ratio of 1.35. The company's fifty day moving average is $235.03 and its 200-day moving average is $243.99. The company has a market capitalization of $280.68 billion, a P/E ratio of 24.16, a price-to-earnings-growth ratio of 1.30 and a beta of 0.62. T-Mobile US, Inc. has a 1 year low of $173.74 and a 1 year high of $276.49.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping analysts' consensus estimates of $2.69 by $0.15. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The firm had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same quarter in the prior year, the company posted $2.49 earnings per share. The business's quarterly revenue was up 6.9% compared to the same quarter last year. On average, research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.
T-Mobile US Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be paid a $0.88 dividend. The ex-dividend date is Friday, August 29th. This represents a $3.52 annualized dividend and a yield of 1.42%. T-Mobile US's payout ratio is 34.34%.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on the stock. Arete Research raised shares of T-Mobile US to a "strong-buy" rating in a report on Tuesday, July 8th. Tigress Financial boosted their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. Wall Street Zen cut T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. JPMorgan Chase & Co. upped their price objective on T-Mobile US from $270.00 to $280.00 and gave the company an "overweight" rating in a research report on Thursday. Finally, 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 research report on Monday, July 7th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $255.83.
View Our Latest Stock Report on T-Mobile US
Insider Transactions at T-Mobile US
In other news, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction on Monday, July 21st. The shares were sold at an average price of $232.58, for a total value of $16,243,387.20. Following the transaction, the director owned 646,962,444 shares of the company's stock, valued at approximately $150,470,525,225.52. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last ninety days, insiders have sold 1,256,670 shares of company stock worth $288,999,139. Company insiders own 0.37% of the company's stock.
About T-Mobile US
(
Free Report)
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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