First Affirmative Financial Network Sells 1,451 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

First Affirmative Financial Network lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 33.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,930 shares of the Wireless communications provider's stock after selling 1,451 shares during the quarter. First Affirmative Financial Network's holdings in T-Mobile US were worth $781,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Rakuten Securities Inc. lifted its position in T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after purchasing an additional 62 shares during the period. CoreFirst Bank & Trust bought a new stake in T-Mobile US during the fourth quarter worth about $28,000. Adirondack Trust Co. lifted its position in T-Mobile US by 366.7% during the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock worth $37,000 after purchasing an additional 110 shares during the period. Pinney & Scofield Inc. bought a new stake in T-Mobile US during the fourth quarter worth about $39,000. Finally, DT Investment Partners LLC lifted its position in T-Mobile US by 58.8% during the fourth quarter. DT Investment Partners LLC now owns 189 shares of the Wireless communications provider's stock worth $42,000 after purchasing an additional 70 shares during the period. Institutional investors own 42.49% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on TMUS shares. Tigress Financial upped their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Wall Street Zen cut shares of T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Citigroup cut shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price for the company. in a report on Friday, March 14th. Scotiabank raised shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and increased their target price for the stock from $275.00 to $277.50 in a report on Wednesday, April 30th. Finally, Wells Fargo & Company reissued an "equal weight" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $257.68.

T-Mobile US Stock Performance

NASDAQ:TMUS opened at $245.86 on Friday. The company has a market capitalization of $279.16 billion, a PE ratio of 25.43, a P/E/G ratio of 1.55 and a beta of 0.69. The company has a 50 day simple moving average of $248.49 and a two-hundred day simple moving average of $244.07. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a fifty-two week low of $171.18 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating analysts' consensus estimates of $2.48 by $0.10. The business had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The company's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.00 EPS. Research analysts anticipate 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 announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio is presently 34.34%.

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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