T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Balefire LLC

Balefire LLC lifted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,146 shares of the Wireless communications provider’s stock after purchasing an additional 101 shares during the period. Balefire LLC’s holdings in T-Mobile US were worth $839,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TMUS. Norges Bank acquired a new stake in T-Mobile US during the 4th quarter valued at approximately $1,802,393,000. GAMMA Investing LLC raised its position in shares of T-Mobile US by 29,289.4% in the 1st quarter. GAMMA Investing LLC now owns 3,053,563 shares of the Wireless communications provider’s stock valued at $814,416,000 after purchasing an additional 3,043,173 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of T-Mobile US by 85.5% during the 4th quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider’s stock valued at $1,329,919,000 after buying an additional 2,777,657 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of T-Mobile US during the 4th quarter valued at approximately $452,721,000. Finally, Capital International Investors grew its position in shares of T-Mobile US by 36.2% during the fourth quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider’s stock worth $1,440,424,000 after buying an additional 1,734,998 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Trading Up 0.5%

Shares of TMUS stock opened at $230.90 on Thursday. 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 $262.17 billion, a PE ratio of 22.53, a price-to-earnings-growth ratio of 1.27 and a beta of 0.64. The stock has a fifty day moving average of $241.15 and a two-hundred day moving average of $242.77. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.08 and a current ratio of 1.16.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating analysts’ consensus estimates of $2.48 by $0.10. The business had revenue of $20.89 billion for the quarter, compared to analysts’ expectations of $20.67 billion. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The company’s revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the business earned $2.00 earnings per share. As a group, research analysts expect 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. Shareholders of record on Friday, August 29th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.52%. The ex-dividend date is Friday, August 29th. T-Mobile US’s dividend payout ratio (DPR) is currently 34.34%.

Wall Street Analysts Forecast Growth

TMUS has been the topic of several recent analyst reports. Citigroup cut shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price target on the stock. in a report on Friday, March 14th. Benchmark reissued a “buy” rating and set a $275.00 price objective on shares of T-Mobile US in a report on Thursday, March 27th. Royal Bank Of Canada upped their target price on shares of T-Mobile US from $245.00 to $260.00 and gave the company a “sector perform” rating in a research note on Friday, March 21st. HSBC cut shares of T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price target on the stock. in a research report on Wednesday, March 5th. Finally, Wells Fargo & Company reissued an “equal weight” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Eleven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus price target of $257.68.

Insider Activity

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US 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 transaction, the director now owns 648,149,724 shares of the company’s stock, valued at $149,437,400,365.44. The trade was a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders sold 419,040 shares of company stock worth $94,880,434 over the last quarter. Corporate insiders own 0.37% of the company’s stock.

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.