107,621 Shares in T-Mobile US, Inc. $TMUS Purchased by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 107,621 shares of the Wireless communications provider’s stock, valued at approximately $18,051,000.

A number of other large investors also recently bought and sold shares of the stock. JDM Financial Group LLC increased its holdings in T-Mobile US by 114.0% in the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 65 shares in the last quarter. Main Street Group LTD acquired a new stake in shares of T-Mobile US during the 1st quarter valued at about $25,000. Paladin Partners LLC acquired a new stake in shares of T-Mobile US during the 2nd quarter valued at about $25,000. Dunhill Financial LLC purchased a new position in shares of T-Mobile US in the 2nd quarter valued at about $27,000. Finally, Swiss RE Ltd. purchased a new position in shares of T-Mobile US in the 4th quarter valued at about $29,000. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Trading Down 1.0%

TMUS stock opened at $177.75 on Friday. T-Mobile US, Inc. has a 12-month low of $165.66 and a 12-month high of $258.66. The business’s 50-day moving average is $181.13 and its 200 day moving average is $193.43. 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 stock has a market cap of $190.67 billion, a price-to-earnings ratio of 18.61, a PEG ratio of 1.01 and a beta of 0.33.

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

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 28th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, August 28th. T-Mobile US’s dividend payout ratio is currently 42.72%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TMUS. Arete Research increased their price target on T-Mobile US from $295.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Weiss Ratings downgraded T-Mobile US from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 15th. Morgan Stanley decreased their target price on T-Mobile US from $260.00 to $230.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 7th. Wall Street Zen raised shares of T-Mobile US from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, DZ Bank reissued a “buy” rating on shares of T-Mobile US in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $252.08.

T-Mobile US Company Profile

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.