Breakwater Capital Group Buys 1,394 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Breakwater Capital Group raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 143.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,368 shares of the Wireless communications provider's stock after buying an additional 1,394 shares during the period. Breakwater Capital Group's holdings in T-Mobile US were worth $632,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Ancora Advisors LLC raised its stake in shares of T-Mobile US by 16.6% during 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 last quarter. Snowden Capital Advisors LLC increased its holdings in T-Mobile US by 0.6% during the 4th quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock valued at $1,411,000 after purchasing an additional 40 shares during the period. Signaturefd LLC increased its holdings in T-Mobile US by 0.4% during the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock valued at $2,499,000 after purchasing an additional 41 shares during the period. Financial Management Professionals Inc. raised its position in T-Mobile US by 15.6% during the 1st quarter. Financial Management Professionals Inc. now owns 303 shares of the Wireless communications provider's stock valued at $81,000 after purchasing an additional 41 shares during the last quarter. Finally, Continuum Advisory LLC lifted its holdings in T-Mobile US by 0.7% in the 4th quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider's stock worth $1,340,000 after buying an additional 43 shares during the period. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

T-Mobile US Stock Down 3.2%

T-Mobile US stock traded down $7.91 during trading hours on Monday, hitting $237.95. The stock had a trading volume of 4,537,262 shares, compared to its average volume of 4,120,496. The stock's 50-day moving average price is $248.49 and its 200-day moving average price is $244.19. The stock has a market capitalization of $270.18 billion, a P/E ratio of 24.61, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 12-month low of $171.18 and a 12-month high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

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 earnings per share for the quarter, topping analysts' consensus estimates of $2.48 by $0.10. The company had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The firm's revenue for the quarter was up 6.6% on a year-over-year basis. During the same period in the previous year, the business earned $2.00 EPS. Equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm 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 annualized dividend and a dividend yield of 1.48%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio is currently 34.34%.

Analysts Set New Price Targets

Several research firms have recently issued reports on TMUS. Benchmark reissued a "buy" rating and set a $275.00 target price on shares of T-Mobile US in a research note on Thursday, March 27th. Hsbc Global Res cut shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. HSBC downgraded shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target for the company. in a research note on Wednesday, March 5th. UBS Group cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st. Finally, Citigroup lowered T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price for the company. in a research report on Friday, March 14th. 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. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $257.68.

T-Mobile US Company 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.