UMB Bank n.a. Raises Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

UMB Bank n.a. lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 1,248.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,743 shares of the Wireless communications provider's stock after buying an additional 22,908 shares during the period. UMB Bank n.a.'s holdings in T-Mobile US were worth $6,599,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in TMUS. Ancora Advisors LLC boosted its stake in T-Mobile US by 16.6% during the fourth quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock worth $57,000 after buying an additional 37 shares during the period. Snowden Capital Advisors LLC lifted its holdings in shares of T-Mobile US by 0.6% in the 4th quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock worth $1,411,000 after acquiring an additional 40 shares during the last quarter. Signaturefd LLC boosted its stake in shares of T-Mobile US by 0.4% during the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock worth $2,499,000 after purchasing an additional 41 shares during the period. Financial Management Professionals Inc. grew its holdings 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 raised its position 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 purchasing 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%

Shares of TMUS stock traded down $7.91 during trading hours on Monday, reaching $237.95. 4,536,004 shares of the company's stock were exchanged, compared to its average volume of 4,120,490. T-Mobile US, Inc. has a 1 year low of $171.18 and a 1 year high of $276.49. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The stock has a market cap of $270.18 billion, a PE ratio of 24.61, a PEG ratio of 1.55 and a beta of 0.64. The stock's fifty day moving average price is $248.49 and its two-hundred day moving average price is $244.19.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.10. The company had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. T-Mobile US's revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.00 EPS. Research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a yield of 1.48%. T-Mobile US's dividend payout ratio (DPR) is 34.34%.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. HSBC lowered T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a research report on Wednesday, March 5th. JPMorgan Chase & Co. boosted their price objective on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a report on Tuesday, March 18th. UBS Group lowered T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Citigroup lowered shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price for the company. in a research note on Friday, March 14th. Finally, Wells Fargo & Company reaffirmed an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Eleven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, T-Mobile US has a consensus rating of "Moderate Buy" and an average price target 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.