Invesco LLC Has $2.09 Million Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Invesco LLC increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 9.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,849 shares of the Wireless communications provider’s stock after acquiring an additional 709 shares during the period. Invesco LLC’s holdings in T-Mobile US were worth $2,093,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of TMUS. Hi Line Capital Management LLC boosted its holdings in shares of T-Mobile US by 2.2% in the 1st quarter. Hi Line Capital Management LLC now owns 27,221 shares of the Wireless communications provider’s stock valued at $7,260,000 after buying an additional 579 shares during the last quarter. Chevy Chase Trust Holdings LLC raised its position in T-Mobile US by 50.0% during the first quarter. Chevy Chase Trust Holdings LLC now owns 469,684 shares of the Wireless communications provider’s stock worth $125,269,000 after acquiring an additional 156,594 shares in the last quarter. Petros Family Wealth LLC bought a new stake in T-Mobile US during the first quarter worth $590,000. YHB Investment Advisors Inc. lifted its stake in T-Mobile US by 7.8% in the first quarter. YHB Investment Advisors Inc. now owns 25,859 shares of the Wireless communications provider’s stock valued at $6,897,000 after acquiring an additional 1,860 shares during the last quarter. Finally, Consolidated Portfolio Review Corp bought a new position in shares of T-Mobile US in the 1st quarter valued at about $230,000. 42.49% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the firm’s stock in a transaction on Friday, June 20th. The shares were sold at an average price of $221.80, for a total transaction of $15,490,512.00. Following the completion of the transaction, the director now owns 648,359,244 shares of the company’s stock, valued at approximately $143,806,080,319.20. This trade represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 279,360 shares of company stock valued at $63,022,219 in the last ninety days. 0.37% of the stock is currently owned by insiders.

T-Mobile US Stock Up 2.5%

Shares of NASDAQ:TMUS opened at $226.98 on Tuesday. 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, Inc. has a 52-week low of $173.74 and a 52-week high of $276.49. The company has a market capitalization of $257.72 billion, a PE ratio of 22.14, a price-to-earnings-growth ratio of 1.22 and a beta of 0.64. The company has a fifty day moving average of $242.46 and a 200-day moving average of $242.95.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. During the same period last year, the company earned $2.00 earnings per share. The business’s quarterly revenue was up 6.6% on a year-over-year basis. On average, equities analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors 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 dividend on an annualized basis and a yield of 1.55%. T-Mobile US’s dividend payout ratio (DPR) is presently 34.34%.

Analysts Set New Price Targets

TMUS has been the topic of a number of research analyst reports. Wall Street Zen cut shares of T-Mobile US from a “buy” rating to a “hold” rating in a report on Saturday, May 24th. Hsbc Global Res lowered T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Scotiabank upgraded T-Mobile US from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. Wells Fargo & Company reissued an “equal weight” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Finally, UBS Group cut shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 21st. Eleven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $257.68.

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.