2,213 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Bought by Petros Family Wealth LLC

Petros Family Wealth LLC bought a new position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,213 shares of the Wireless communications provider's stock, valued at approximately $590,000.

A number of other institutional investors have also modified their holdings of the stock. Ancora Advisors LLC boosted its stake in T-Mobile US by 16.6% in the fourth quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock valued at $57,000 after acquiring an additional 37 shares during the period. Snowden Capital Advisors LLC increased its position in T-Mobile US by 0.6% in the fourth quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock worth $1,411,000 after buying an additional 40 shares during the period. Signaturefd LLC lifted its stake in T-Mobile US by 0.4% in the fourth quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock valued at $2,499,000 after buying an additional 41 shares during the last quarter. Financial Management Professionals Inc. boosted its holdings in shares of T-Mobile US by 15.6% during the first quarter. Financial Management Professionals Inc. now owns 303 shares of the Wireless communications provider's stock valued at $81,000 after acquiring an additional 41 shares during the period. Finally, Continuum Advisory LLC boosted its stake in T-Mobile US by 0.7% during the 4th quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider's stock valued at $1,340,000 after purchasing an additional 43 shares during the period. Institutional investors and hedge funds own 42.49% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on TMUS shares. UBS Group lowered T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st. Citigroup lowered shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective on the stock. in a research note on Friday, March 14th. Benchmark restated a "buy" rating and issued a $275.00 target price on shares of T-Mobile US in a research report on Thursday, March 27th. Scotiabank upgraded T-Mobile US from a "sector perform" rating to a "sector outperform" rating and lifted their price target for the company from $275.00 to $277.50 in a research report on Wednesday, April 30th. Finally, Wells Fargo & Company reaffirmed an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Eleven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US currently has a consensus rating of "Moderate Buy" and a consensus target price of $257.68.

Insider Activity at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction on Monday, June 16th. The shares were sold at an average price of $230.16, for a total value of $16,074,374.40. Following the completion of the sale, the director now owns 588,274,099 shares of the company's stock, valued at approximately $135,397,166,625.84. The trade was a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders sold 279,360 shares of company stock valued at $63,022,219. Insiders own 0.37% of the company's stock.

T-Mobile US Stock Up 1.3%

NASDAQ TMUS traded up $2.84 during trading on Tuesday, reaching $229.82. 5,036,645 shares of the company's stock were exchanged, compared to its average volume of 4,089,159. The company has a current ratio of 1.16, a quick ratio of 1.08 and a debt-to-equity ratio of 1.35. T-Mobile US, Inc. has a fifty-two week low of $173.74 and a fifty-two week high of $276.49. The company's fifty day simple moving average is $242.46 and its 200-day simple moving average is $242.95. The firm has a market capitalization of $260.95 billion, a PE ratio of 22.42, a P/E/G ratio of 1.22 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating analysts' consensus estimates of $2.48 by $0.10. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. During the same period in the previous year, the firm posted $2.00 earnings per share. The firm's revenue was up 6.6% on a year-over-year basis. Sell-side analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is presently 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.