Vest Financial LLC Purchases 1,455 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Vest Financial LLC increased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 35.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,504 shares of the Wireless communications provider's stock after buying an additional 1,455 shares during the period. Vest Financial LLC's holdings in T-Mobile US were worth $1,468,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Ancora Advisors LLC raised its holdings in shares of T-Mobile US by 16.6% in the 4th quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock worth $57,000 after acquiring an additional 37 shares during the last quarter. Snowden Capital Advisors LLC lifted its position in shares of 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 worth $1,411,000 after buying an additional 40 shares in the last quarter. Signaturefd LLC grew its position 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 valued at $2,499,000 after acquiring an additional 41 shares during the period. Financial Management Professionals Inc. grew its position in shares of 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 acquiring an additional 41 shares during the period. Finally, Continuum Advisory LLC grew its position in shares of 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 acquiring an additional 43 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TMUS has been the subject of several analyst reports. UBS Group downgraded shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. JPMorgan Chase & Co. raised their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a research report on Tuesday, March 18th. Citigroup cut shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price on the stock. in a research report on Friday, March 14th. Wall Street Zen cut shares of T-Mobile US from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Finally, Benchmark restated a "buy" rating and issued a $275.00 price objective on shares of T-Mobile US in a research report on Thursday, March 27th. Eleven analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, T-Mobile US has an average rating of "Moderate Buy" and a consensus price target of $257.68.

T-Mobile US Stock Up 0.4%

Shares of T-Mobile US stock opened at $245.86 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The stock has a market capitalization of $279.16 billion, a PE ratio of 25.43, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 52-week low of $171.18 and a 52-week high of $276.49. The company has a 50-day simple moving average of $248.49 and a two-hundred day simple moving average of $244.13.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating the consensus estimate 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 analysts' expectations of $20.67 billion. During the same period in the previous year, the company earned $2.00 earnings per share. The firm's quarterly revenue was up 6.6% on a year-over-year basis. On average, 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 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. 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 1.43%. T-Mobile US's dividend payout ratio is currently 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.

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