Retireful LLC Takes Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Retireful LLC bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,483 shares of the Wireless communications provider's stock, valued at approximately $393,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TMUS. Norges Bank bought a new position in T-Mobile US during the fourth quarter worth about $1,802,393,000. GAMMA Investing LLC lifted its stake in T-Mobile US by 29,289.4% during the first quarter. GAMMA Investing LLC now owns 3,053,563 shares of the Wireless communications provider's stock worth $814,416,000 after purchasing an additional 3,043,173 shares during the period. Canada Pension Plan Investment Board lifted its stake in T-Mobile US by 85.5% during the fourth 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 purchasing an additional 2,777,657 shares during the period. Raymond James Financial Inc. bought a new position in T-Mobile US during the fourth quarter worth about $452,721,000. Finally, Capital International Investors lifted its stake in T-Mobile US by 36.2% during the fourth quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider's stock worth $1,440,424,000 after purchasing an additional 1,734,998 shares during the period. Institutional investors own 42.49% of the company's stock.

T-Mobile US Trading Up 1.2%

TMUS traded up $2.94 during trading on Thursday, reaching $244.90. 2,855,193 shares of the company's stock were exchanged, compared to its average volume of 4,148,829. The company's fifty day moving average price is $249.38 and its 200-day moving average price is $243.93. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a fifty-two week low of $171.18 and a fifty-two week high of $276.49. The firm has a market capitalization of $278.07 billion, a PE ratio of 25.33, a P/E/G ratio of 1.55 and a beta of 0.69.

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, topping analysts' consensus estimates of $2.48 by $0.10. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. During the same quarter in the previous year, the business earned $2.00 EPS. The business's quarterly revenue was up 6.6% compared to the same quarter last year. As a group, equities analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current 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 issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.44%. T-Mobile US's dividend payout ratio is presently 34.34%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on TMUS shares. UBS Group cut shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Royal Bank of Canada lifted their target price on shares of 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 shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and lifted their target price for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. Wells Fargo & Company reiterated an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Finally, HSBC cut shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a research note on Wednesday, March 5th. Eleven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, T-Mobile US currently has an average 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.