Nvest Financial LLC Has $2.76 Million Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Nvest Financial LLC grew its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 108.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,361 shares of the Wireless communications provider's stock after purchasing an additional 5,398 shares during the period. T-Mobile US makes up approximately 1.5% of Nvest Financial LLC's holdings, making the stock its 23rd largest holding. Nvest Financial LLC's holdings in T-Mobile US were worth $2,763,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Godsey & Gibb Inc. increased its holdings in shares of T-Mobile US by 139.5% during the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after buying an additional 60 shares in the last quarter. Rakuten Securities Inc. grew its position in T-Mobile US by 93.9% during the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after acquiring an additional 62 shares during the last quarter. CoreFirst Bank & Trust acquired a new stake in T-Mobile US during the 4th quarter valued at $28,000. Adirondack Trust Co. raised its position in T-Mobile US by 366.7% in the 1st quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock valued at $37,000 after purchasing an additional 110 shares during the last quarter. Finally, City Holding Co. raised its position in T-Mobile US by 45.3% in the 1st quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock valued at $37,000 after purchasing an additional 43 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Activity at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $230.16, for a total transaction of $16,074,374.40. Following the completion of the transaction, the director now directly owns 588,274,099 shares in the company, valued at approximately $135,397,166,625.84. This trade represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last ninety days, insiders have sold 419,040 shares of company stock valued at $94,880,434. 0.37% of the stock is owned by corporate insiders.

T-Mobile US Trading Up 0.2%

Shares of T-Mobile US stock traded up $0.52 during trading hours on Thursday, hitting $231.42. The company's stock had a trading volume of 4,341,180 shares, compared to its average volume of 4,080,815. The company has a market capitalization of $262.76 billion, a PE ratio of 22.58, a price-to-earnings-growth ratio of 1.27 and a beta of 0.64. 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 stock has a 50 day moving average of $241.15 and a 200 day moving average of $242.77. 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 posted its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $20.67 billion. During the same period in the prior year, the business earned $2.00 EPS. T-Mobile US's revenue for the quarter was up 6.6% compared to the same quarter last year. Analysts predict 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 disclosed 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. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.52%. T-Mobile US's payout ratio is 34.34%.

Analyst Upgrades and Downgrades

TMUS has been the subject of a number of research reports. Wells Fargo & Company restated an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. JPMorgan Chase & Co. upped their price objective on T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a report on Tuesday, March 18th. Royal Bank Of Canada lifted their target price on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a research note on Friday, March 21st. Scotiabank upgraded T-Mobile US from a "sector perform" rating to a "sector outperform" rating and boosted their target price for the stock from $275.00 to $277.50 in a research report on Wednesday, April 30th. Finally, UBS Group cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Eleven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, T-Mobile US has a consensus rating of "Moderate Buy" and a consensus target price of $257.68.

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.