Moloney Securities Asset Management LLC Purchases New Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Moloney Securities Asset Management LLC purchased a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,894 shares of the Wireless communications provider's stock, valued at approximately $2,639,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Geode Capital Management LLC boosted its holdings in T-Mobile US by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 11,857,917 shares of the Wireless communications provider's stock valued at $2,610,542,000 after purchasing an additional 90,755 shares during the last quarter. Invesco Ltd. lifted its holdings in T-Mobile US by 4.6% during the 4th quarter. Invesco Ltd. now owns 8,809,417 shares of the Wireless communications provider's stock worth $1,944,503,000 after buying an additional 384,956 shares during the last quarter. Norges Bank bought a new position in T-Mobile US during the 4th quarter worth approximately $1,802,393,000. Capital International Investors lifted its holdings 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 worth $1,440,424,000 after buying an additional 1,734,998 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its holdings in T-Mobile US by 85.5% during the 4th 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. Hedge funds and other institutional investors own 42.49% of the company's stock.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $238.08, for a total value of $16,627,507.20. Following the completion of the sale, the director owned 647,660,844 shares of the company's stock, valued at $154,195,093,739.52. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 698,400 shares of company stock valued at $161,083,166 over the last ninety days. 0.37% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Citigroup downgraded T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price on the stock. in a report on Friday, March 14th. 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 report on Monday. Rothschild & Co Redburn raised T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 target price on the stock in a report on Monday. Scotiabank raised 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, Wall Street Zen downgraded T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $252.61.

T-Mobile US Price Performance

TMUS opened at $232.61 on Wednesday. The stock has a market cap of $264.12 billion, a price-to-earnings ratio of 22.59, a PEG ratio of 1.10 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 company has a current ratio of 1.16, a quick ratio of 1.08 and a debt-to-equity ratio of 1.35. The stock has a fifty day moving average price of $238.54 and a 200 day moving average price of $243.53.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data 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. The firm had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. 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 earned $2.00 earnings per share. Analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a yield of 1.51%. T-Mobile US's payout ratio is 34.34%.

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.

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