16,112 Shares in T-Mobile US, Inc. $TMUS Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 16,112 shares of the Wireless communications provider’s stock, valued at approximately $2,702,000.

A number of other large investors have also added to or reduced their stakes in TMUS. Main Street Group LTD purchased a new position in T-Mobile US in the first quarter valued at about $25,000. JDM Financial Group LLC increased its stake in shares of T-Mobile US by 114.0% during the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 65 shares during the last quarter. Swiss RE Ltd. bought a new stake in shares of T-Mobile US in the 4th quarter worth approximately $29,000. Paladin Partners LLC bought a new stake in shares of T-Mobile US in the 2nd quarter worth approximately $25,000. Finally, Turning Point Benefit Group Inc. raised its holdings in shares of T-Mobile US by 3,825.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock worth $32,000 after purchasing an additional 153 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $183.04 on Friday. The stock has a market capitalization of $196.34 billion, a P/E ratio of 19.17, a PEG ratio of 1.02 and a beta of 0.33. The company has a current ratio of 0.92, a quick ratio of 0.83 and a debt-to-equity ratio of 1.48. The firm’s 50 day moving average is $181.42 and its 200 day moving average is $193.98. T-Mobile US, Inc. has a 12 month low of $165.66 and a 12 month high of $261.25.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, July 23rd. The Wireless communications provider reported $2.99 EPS for the quarter, topping the consensus estimate of $2.59 by $0.40. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The company had revenue of $22.79 billion during the quarter, compared to the consensus estimate of $22.95 billion. During the same period last year, the firm earned $2.84 EPS. T-Mobile US’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, sell-side analysts anticipate that T-Mobile US, Inc. will post 10.73 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, August 28th. T-Mobile US’s dividend payout ratio (DPR) is presently 42.72%.

Wall Street Analysts Forecast Growth

TMUS has been the subject of several research reports. Wall Street Zen raised T-Mobile US from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Arete Research boosted their target price on T-Mobile US from $295.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Wolfe Research reaffirmed a “peer perform” rating on shares of T-Mobile US in a research report on Friday, August 14th. Benchmark cut their price target on T-Mobile US from $295.00 to $280.00 and set a “buy” rating for the company in a research note on Friday, July 24th. Finally, Wells Fargo & Company cut their price target on T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating for the company in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $252.08.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.