MQS Management LLC Makes New $461,000 Investment in T-Mobile US, Inc. (NASDAQ:TMUS)

MQS Management LLC acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,729 shares of the Wireless communications provider's stock, valued at approximately $461,000.

A number of other hedge funds and other institutional investors have also modified their holdings of TMUS. Godsey & Gibb Inc. raised its stake in shares of T-Mobile US by 139.5% during the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after purchasing an additional 60 shares in the last quarter. CoreFirst Bank & Trust acquired a new position in T-Mobile US during the fourth quarter worth $28,000. Adirondack Trust Co. raised 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 acquiring an additional 110 shares in the last quarter. City Holding Co. lifted its stake in T-Mobile US by 45.3% in the first quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock valued at $37,000 after acquiring an additional 43 shares during the last quarter. Finally, Pinney & Scofield Inc. bought a new position in shares of T-Mobile US in the 4th quarter valued at about $39,000. Institutional investors and hedge funds 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 T-Mobile US stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $227.55, for a total value of $15,892,092.00. Following the transaction, the director owned 647,381,484 shares in the company, valued at $147,311,656,684.20. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Over the last 90 days, insiders sold 907,470 shares of company stock valued at $209,055,386. Company insiders own 0.37% of the company's stock.

T-Mobile US Price Performance

T-Mobile US stock traded up $0.39 during mid-day trading on Monday, reaching $228.15. 3,116,983 shares of the company were exchanged, compared to its average volume of 4,349,720. The firm has a market cap of $259.05 billion, a PE ratio of 22.26, a PEG ratio of 1.27 and a beta of 0.62. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.16 and a quick ratio of 1.08. The company has a fifty day simple moving average of $237.45 and a 200-day simple moving average of $243.82. T-Mobile US, Inc. has a 12 month low of $173.74 and a 12 month 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 EPS for the quarter, beating the consensus estimate of $2.48 by $0.10. The firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The business's quarterly revenue was up 6.6% compared to the same quarter last year. During the same period last year, the firm earned $2.00 EPS. As a group, equities research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm 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 dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's payout ratio is presently 34.34%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TMUS. Rothschild & Co Redburn raised shares of 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, July 7th. Benchmark reissued a "buy" rating and set a $275.00 price target on shares of T-Mobile US in a research report on Thursday, March 27th. Royal Bank Of Canada raised their price objective on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a research report 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 note on Tuesday, April 29th. Finally, Bank of America assumed coverage on T-Mobile US in a research note on Monday, July 7th. They issued a "neutral" rating and a $255.00 price target on the stock. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, T-Mobile US currently has an average rating of "Moderate Buy" and an average target price of $252.61.

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.