Clare Market Investments LLC acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,050 shares of the Wireless communications provider's stock, valued at approximately $547,000.
Several other large investors also recently modified their holdings of TMUS. Tallon Kerry Patrick acquired a new stake in T-Mobile US in the fourth quarter valued at $2,138,000. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of T-Mobile US in the 4th quarter valued at about $346,000. Brown Lisle Cummings Inc. raised its stake in shares of T-Mobile US by 626.0% in the 4th quarter. Brown Lisle Cummings Inc. now owns 363 shares of the Wireless communications provider's stock valued at $80,000 after purchasing an additional 313 shares in the last quarter. Avitas Wealth Management LLC lifted its position in shares of T-Mobile US by 0.9% during the fourth quarter. Avitas Wealth Management LLC now owns 8,883 shares of the Wireless communications provider's stock worth $1,961,000 after purchasing an additional 78 shares during the last quarter. Finally, Stratos Wealth Partners LTD. grew its stake in T-Mobile US by 22.9% in the fourth quarter. Stratos Wealth Partners LTD. now owns 31,072 shares of the Wireless communications provider's stock worth $6,859,000 after purchasing an additional 5,782 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.
T-Mobile US Price Performance
NASDAQ TMUS traded up $0.96 on Friday, reaching $245.86. 2,022,505 shares of the stock traded hands, compared to its average volume of 4,140,360. T-Mobile US, Inc. has a 12 month low of $171.18 and a 12 month high of $276.49. The company has a market cap of $279.16 billion, a price-to-earnings ratio of 25.43, a P/E/G ratio of 1.55 and a beta of 0.69. The firm's fifty day simple moving average is $248.95 and its 200 day simple moving average is $243.99. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.
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 for the quarter, beating the consensus estimate of $2.48 by $0.10. The company had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The business's revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.00 EPS. As a group, research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.
T-Mobile US Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors 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 dividend on an annualized basis and a yield of 1.43%. T-Mobile US's dividend payout ratio is currently 34.34%.
Analyst Ratings Changes
TMUS has been the subject of several research reports. Tigress Financial lifted their price target on shares of T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. Wells Fargo & Company reaffirmed an "equal weight" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Hsbc Global Res downgraded T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. UBS Group downgraded T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Finally, JPMorgan Chase & Co. increased their target price on T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 18th. Eleven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $257.68.
Check Out Our Latest Report on T-Mobile US
T-Mobile US Company Profile
(
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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