First National Bank of Mount Dora Trust Investment Services Cuts Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

First National Bank of Mount Dora Trust Investment Services reduced its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 17.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 41,219 shares of the Wireless communications provider's stock after selling 8,899 shares during the quarter. T-Mobile US accounts for approximately 2.7% of First National Bank of Mount Dora Trust Investment Services' holdings, making the stock its 7th largest holding. First National Bank of Mount Dora Trust Investment Services' holdings in T-Mobile US were worth $10,994,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Norges Bank acquired a new stake in T-Mobile US during the 4th quarter valued at approximately $1,802,393,000. GAMMA Investing LLC grew its position in shares of T-Mobile US by 29,289.4% during the first quarter. GAMMA Investing LLC now owns 3,053,563 shares of the Wireless communications provider's stock worth $814,416,000 after buying an additional 3,043,173 shares in the last quarter. Canada Pension Plan Investment Board increased its stake in shares of T-Mobile US by 85.5% in the fourth quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider's stock worth $1,329,919,000 after buying an additional 2,777,657 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of T-Mobile US in the fourth quarter worth $452,721,000. Finally, Capital International Investors boosted its stake in T-Mobile US by 36.2% during the 4th quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider's stock valued at $1,440,424,000 after acquiring an additional 1,734,998 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

T-Mobile US Stock Down 0.4%

Shares of NASDAQ TMUS traded down $0.97 during mid-day trading on Tuesday, reaching $236.98. The company had a trading volume of 3,766,899 shares, compared to its average volume of 4,119,084. The stock has a fifty day moving average of $247.96 and a two-hundred day moving average of $244.19. 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 capitalization of $269.08 billion, a price-to-earnings ratio of 24.51, a PEG ratio of 1.55 and a beta of 0.64. 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 (NASDAQ:TMUS - Get Free Report) last issued its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.48 by $0.10. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The company had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. During the same quarter last year, the business posted $2.00 EPS. The company's revenue for the quarter was up 6.6% on a year-over-year basis. As a group, equities research analysts expect that T-Mobile US, Inc. will post 10.37 EPS 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 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 1.49%. T-Mobile US's dividend payout ratio (DPR) is currently 34.34%.

Analyst Upgrades and Downgrades

TMUS has been the topic of a number of recent analyst reports. Wall Street Zen lowered shares of T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. UBS Group cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Tigress Financial lifted their target price on T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. HSBC downgraded T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target for the company. in a report on Wednesday, March 5th. Finally, Hsbc Global Res lowered T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Eleven equities 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $257.68.

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.