First National Bank of Hutchinson Buys Shares of 1,738 T-Mobile US, Inc. (NASDAQ:TMUS)

First National Bank of Hutchinson acquired a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 1,738 shares of the Wireless communications provider's stock, valued at approximately $464,000.

A number of other large investors also recently added to or reduced their stakes in the business. Burling Wealth Partners LLC purchased a new stake in shares of T-Mobile US during the 4th quarter worth approximately $2,539,000. Advisor Resource Council purchased a new stake in shares of T-Mobile US during the 1st quarter worth approximately $463,000. Westpac Banking Corp raised its holdings in shares of T-Mobile US by 25.4% during the 4th quarter. Westpac Banking Corp now owns 10,439 shares of the Wireless communications provider's stock worth $2,304,000 after acquiring an additional 2,113 shares in the last quarter. Main Street Research LLC raised its holdings in shares of T-Mobile US by 1.0% during the 1st quarter. Main Street Research LLC now owns 177,902 shares of the Wireless communications provider's stock worth $47,448,000 after acquiring an additional 1,788 shares in the last quarter. Finally, Keystone Investors PTE Ltd. purchased a new stake in shares of T-Mobile US during the 4th quarter worth approximately $259,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Tigress Financial upped their price objective on T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. Bank of America began coverage on T-Mobile US in a research report on Monday, July 7th. They set a "neutral" rating and a $255.00 target price on the stock. 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. Morgan Stanley boosted their target price on T-Mobile US from $265.00 to $280.00 and gave the company an "overweight" rating in a research report on Wednesday, July 16th. Finally, KeyCorp reissued an "underweight" rating and set a $200.00 target price on shares of T-Mobile US in a research report on Wednesday, July 9th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, nine have given a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $255.12.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $232.58, for a total transaction of $16,243,387.20. Following the sale, the director directly owned 646,962,444 shares of the company's stock, valued at $150,470,525,225.52. This trade represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 1,256,670 shares of company stock worth $288,999,139 over the last quarter. 0.37% of the stock is owned by company insiders.

T-Mobile US Stock Down 0.6%

Shares of NASDAQ TMUS traded down $1.43 during mid-day trading on Wednesday, reaching $231.82. 449,177 shares of the company were exchanged, compared to its average volume of 4,086,102. 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 stock has a market cap of $263.22 billion, a price-to-earnings ratio of 22.64, a P/E/G ratio of 1.29 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. The firm has a 50-day moving average of $235.29 and a 200 day moving average of $244.04.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.10. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The business had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. During the same quarter last year, the company earned $2.00 earnings per share. The company's quarterly revenue was up 6.6% on a year-over-year basis. On average, 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 business also recently announced 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 1.52%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is 34.34%.

T-Mobile US 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.