Western Financial Corp CA Acquires Shares of 1,379 T-Mobile US, Inc. (NASDAQ:TMUS)

Western Financial Corp CA purchased a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the first quarter, according to its most recent filing with the SEC. The fund purchased 1,379 shares of the Wireless communications provider's stock, valued at approximately $368,000.

Other institutional investors have also made changes to their positions in the company. Crestwood Advisors Group LLC bought a new position in T-Mobile US in the fourth quarter worth about $201,000. Rothschild Investment LLC raised its position in shares of T-Mobile US by 5.2% during the 4th quarter. Rothschild Investment LLC now owns 1,326 shares of the Wireless communications provider's stock worth $293,000 after purchasing an additional 66 shares during the period. Pine Valley Investments Ltd Liability Co lifted its holdings in shares of T-Mobile US by 0.9% in the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 5,548 shares of the Wireless communications provider's stock worth $1,225,000 after purchasing an additional 50 shares during the last quarter. Advisor OS LLC boosted its position in T-Mobile US by 4.8% during the 4th quarter. Advisor OS LLC now owns 2,441 shares of the Wireless communications provider's stock valued at $539,000 after purchasing an additional 111 shares during the period. Finally, Impact Investors Inc bought a new position in T-Mobile US during the 4th quarter worth $252,000. 42.49% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TMUS has been the topic of a number of recent research reports. Wall Street Zen cut T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. Citigroup downgraded shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective on the stock. in a research report on Friday, March 14th. Wells Fargo & Company restated an "equal weight" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and lifted their price target for the company from $275.00 to $277.50 in a report on Wednesday, April 30th. Finally, HSBC downgraded T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price objective for the company. in a research report on Wednesday, March 5th. Eleven 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 stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $257.68.

T-Mobile US Price Performance

NASDAQ:TMUS traded up $0.52 during mid-day trading on Thursday, reaching $231.42. 4,341,180 shares of the stock were exchanged, compared to its average volume of 4,080,815. The company has a current ratio of 1.16, a quick ratio of 1.08 and a debt-to-equity ratio of 1.35. The business has a fifty day moving average price of $241.15 and a 200 day moving average price of $242.77. T-Mobile US, Inc. has a 1-year low of $173.74 and a 1-year high of $276.49. The firm has a market capitalization of $262.76 billion, a PE ratio of 22.58, a PEG ratio of 1.27 and a beta of 0.64.

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 (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.10. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The company had revenue of $20.89 billion for the quarter, compared to analysts' expectations of $20.67 billion. During the same quarter in the previous year, the company posted $2.00 EPS. The business's revenue was up 6.6% compared to the same quarter last year. Research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be issued a $0.88 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 annualized dividend and a dividend yield of 1.52%. T-Mobile US's dividend payout ratio is currently 34.34%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $230.56, for a total transaction of $16,102,310.40. Following the sale, the director now owns 648,149,724 shares in the company, valued at approximately $149,437,400,365.44. The trade was a 0.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 419,040 shares of company stock valued at $94,880,434. Corporate insiders own 0.37% of the company's stock.

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.