MGO One Seven LLC Purchases 1,618 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

MGO One Seven LLC grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 25.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,081 shares of the Wireless communications provider’s stock after purchasing an additional 1,618 shares during the quarter. MGO One Seven LLC’s holdings in T-Mobile US were worth $1,784,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. TD Waterhouse Canada Inc. raised its position in shares of T-Mobile US by 63.7% in the 4th quarter. TD Waterhouse Canada Inc. now owns 86,148 shares of the Wireless communications provider’s stock worth $19,015,000 after acquiring an additional 33,516 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its holdings in T-Mobile US by 10.8% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 97,156 shares of the Wireless communications provider’s stock worth $21,445,000 after purchasing an additional 9,434 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in T-Mobile US by 102.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 67,089 shares of the Wireless communications provider’s stock valued at $14,809,000 after buying an additional 33,947 shares during the period. Transce3nd LLC bought a new position in shares of T-Mobile US during the 4th quarter worth approximately $142,000. Finally, Mirabella Financial Services LLP acquired a new stake in shares of T-Mobile US during the 4th quarter worth approximately $2,419,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Trading Up 1.1 %

Shares of TMUS stock opened at $262.18 on Friday. T-Mobile US, Inc. has a 12-month low of $160.62 and a 12-month high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The company has a 50 day moving average of $260.96 and a 200-day moving average of $240.42. The firm has a market cap of $298.01 billion, a P/E ratio of 27.11, a PEG ratio of 1.55 and a beta of 0.63.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating analysts’ consensus estimates of $2.48 by $0.10. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The firm had revenue of $20.89 billion for the quarter, compared to analysts’ expectations of $20.67 billion. Sell-side analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.34%. T-Mobile US’s payout ratio is 36.40%.

Insider Activity

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now owns 3,291 shares of the company’s stock, valued at $865,533. The trade was a 18.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of research reports. Hsbc Global Res cut shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. Bank of America boosted their target price on T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday, January 30th. HSBC lowered T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price target on the stock. in a report on Wednesday, March 5th. Barclays upped their target price on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Finally, Evercore ISI raised shares of T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. Eleven investment 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. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $256.80.

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.