5,000 Shares in T-Mobile US, Inc. $TMUS Purchased by Pavion Blue Capital LLC

Pavion Blue Capital LLC bought a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the 2nd quarter, Holdings Channel.com reports. The firm bought 5,000 shares of the Wireless communications provider’s stock, valued at approximately $1,191,000.

Several other institutional investors have also added to or reduced their stakes in the company. Howard Capital Management Inc. grew its holdings in T-Mobile US by 93.1% during the 2nd quarter. Howard Capital Management Inc. now owns 25,100 shares of the Wireless communications provider’s stock valued at $5,980,000 after buying an additional 12,101 shares in the last quarter. Motley Fool Asset Management LLC grew its holdings in T-Mobile US by 11.7% during the 2nd quarter. Motley Fool Asset Management LLC now owns 59,319 shares of the Wireless communications provider’s stock valued at $14,133,000 after buying an additional 6,210 shares in the last quarter. Conscious Wealth Investments LLC grew its holdings in T-Mobile US by 0.4% during the 2nd quarter. Conscious Wealth Investments LLC now owns 12,861 shares of the Wireless communications provider’s stock valued at $3,077,000 after buying an additional 50 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in T-Mobile US by 7.9% during the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 189,954 shares of the Wireless communications provider’s stock valued at $45,258,000 after buying an additional 13,900 shares in the last quarter. Finally, Rossby Financial LCC grew its holdings in T-Mobile US by 8.9% during the 2nd quarter. Rossby Financial LCC now owns 1,865 shares of the Wireless communications provider’s stock valued at $444,000 after buying an additional 152 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 856 shares of the firm’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $220.03, for a total transaction of $188,345.68. Following the completion of the sale, the director directly owned 582,185,182 shares of the company’s stock, valued at approximately $128,098,205,595.46. This trade represents a 0.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders sold 2,343,114 shares of company stock worth $564,035,506. 0.37% of the stock is currently owned by company insiders.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $220.68 on Tuesday. The firm has a market capitalization of $248.36 billion, a price-to-earnings ratio of 21.22, a PEG ratio of 1.48 and a beta of 0.59. T-Mobile US, Inc. has a 1 year low of $208.39 and a 1 year high of $276.49. The business has a 50 day simple moving average of $238.61 and a 200-day simple moving average of $240.28. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 0.80.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.01. The business had revenue of $21.96 billion during the quarter, compared to analyst estimates of $21.61 billion. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The company’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period last year, the company earned $2.61 EPS. Equities analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.8%. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. T-Mobile US’s dividend payout ratio is 39.23%.

Analyst Ratings Changes

Several research firms have weighed in on TMUS. Rothschild & Co Redburn upgraded T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price target for the company in a report on Monday, July 7th. Raymond James Financial upgraded T-Mobile US to a “hold” rating in a report on Wednesday, October 1st. Wolfe Research cut their price target on T-Mobile US from $300.00 to $290.00 and set an “outperform” rating for the company in a report on Tuesday, September 30th. The Goldman Sachs Group began coverage on T-Mobile US in a report on Tuesday, September 2nd. They set a “buy” rating and a $286.00 price target for the company. Finally, Hsbc Global Res upgraded T-Mobile US from a “hold” rating to a “strong-buy” rating in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $268.22.

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.