Raiffeisen Bank International AG Buys 3,333 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Key Points

• Raiffeisen Bank International AG increased its stake in T-Mobile US, acquiring an additional 3,333 shares to bring its total ownership to 12,518 shares, valued at $3,316,000.
• Despite a slight decline, T-Mobile US has a current market cap of $266.95 billion and has shown a revenue increase of 6.9% year-over-year, reporting $21.13 billion for the latest quarter.
• The company announced a quarterly dividend of $0.88 per share, resulting in a yield of 1.5% with a payout ratio of 33.21%.

Raiffeisen Bank International AG grew its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 36.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,518 shares of the Wireless communications provider's stock after purchasing an additional 3,333 shares during the quarter. Raiffeisen Bank International AG's holdings in T-Mobile US were worth $3,316,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Godsey & Gibb Inc. lifted its stake 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 valued at $27,000 after acquiring an additional 60 shares during the period. TCTC Holdings LLC lifted its stake in shares of T-Mobile US by 208.1% during the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider's stock valued at $30,000 after acquiring an additional 77 shares during the period. City Holding Co. lifted its stake in shares of T-Mobile US by 45.3% during 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 period. Adirondack Trust Co. lifted its stake in shares of T-Mobile US by 366.7% during the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock valued at $37,000 after acquiring an additional 110 shares during the period. Finally, Pinney & Scofield Inc. acquired a new position in shares of T-Mobile US during the fourth quarter valued at $39,000. Institutional investors and hedge funds own 42.49% of the company's stock.

T-Mobile US Stock Up 1.6%

Shares of NASDAQ:TMUS traded up $3.81 during mid-day trading on Monday, reaching $241.01. 3,754,151 shares of the stock were exchanged, compared to its average volume of 4,254,532. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33. The company has a market cap of $271.24 billion, a P/E ratio of 22.74, a P/E/G ratio of 1.30 and a beta of 0.62. T-Mobile US, Inc. has a one year low of $185.39 and a one year high of $276.49. The stock's 50 day simple moving average is $234.85 and its 200-day simple moving average is $245.89.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.69 by $0.15. The business had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%. T-Mobile US's quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the company earned $2.49 earnings per share. As a group, equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

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 issued a dividend of $0.88 per share. The ex-dividend date is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.5%. T-Mobile US's dividend payout ratio (DPR) is presently 33.21%.

Wall Street Analyst Weigh In

TMUS has been the topic of several analyst reports. Morgan Stanley increased their target price on T-Mobile US from $265.00 to $285.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. KeyCorp reissued an "underweight" rating and issued a $200.00 target price on shares of T-Mobile US in a research note on Wednesday, July 9th. Bank of America initiated coverage on T-Mobile US in a research note on Monday, July 7th. They issued a "neutral" rating and a $255.00 target price on the stock. JPMorgan Chase & Co. increased their target price on T-Mobile US from $270.00 to $280.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. Finally, Wall Street Zen lowered T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating, nine have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, T-Mobile US has a consensus rating of "Moderate Buy" and an average price target of $256.31.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the completion of the transaction, the director directly owned 647,660,844 shares in the company, valued at approximately $154,195,093,739.52. 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. Insiders sold 1,555,330 shares of company stock worth $360,568,811 in the last ninety days. 0.37% of the stock is currently owned by company insiders.

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.