Livforsakringsbolaget Skandia Omsesidigt Takes Position in T-Mobile US, Inc. $TMUS

Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 3,549 shares of the Wireless communications provider’s stock, valued at approximately $595,000.

Other institutional investors have also recently bought and sold shares of the company. JDM Financial Group LLC lifted its stake in T-Mobile US by 114.0% during 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 purchased a new position in shares of T-Mobile US in the first quarter worth approximately $25,000. Paladin Partners LLC acquired a new stake in shares of T-Mobile US during the second quarter valued at approximately $25,000. Dunhill Financial LLC acquired a new stake in shares of T-Mobile US during the second quarter valued at approximately $27,000. Finally, Swiss RE Ltd. purchased a new stake in shares of T-Mobile US in the 4th quarter valued at approximately $29,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on TMUS shares. Wolfe Research reiterated a “peer perform” rating on shares of T-Mobile US in a research report on Friday, August 14th. UBS Group decreased their price objective on T-Mobile US from $255.00 to $235.00 and set a “buy” rating for the company in a research report on Friday, July 24th. TD Cowen lowered their target price on T-Mobile US from $261.00 to $260.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. JPMorgan Chase & Co. reissued a “buy” rating on shares of T-Mobile US in a research report on Tuesday, May 19th. Finally, Arete Research boosted their price objective on shares of T-Mobile US from $295.00 to $300.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $252.08.

T-Mobile US Price Performance

Shares of TMUS opened at $181.37 on Friday. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.83 and a current ratio of 0.92. The firm has a market cap of $194.55 billion, a PE ratio of 18.99, a PEG ratio of 1.02 and a beta of 0.33. The firm’s 50 day moving average price is $181.12 and its 200 day moving average price is $193.35. T-Mobile US, Inc. has a twelve month low of $165.66 and a twelve month high of $258.66.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 EPS for the quarter, topping the consensus estimate of $2.59 by $0.40. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The company had revenue of $22.79 billion during the quarter, compared to the consensus estimate of $22.95 billion. During the same period in the previous year, the firm posted $2.84 earnings per share. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. As a group, research analysts expect that T-Mobile US, Inc. will post 10.73 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 28th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, August 28th. T-Mobile US’s payout ratio is 42.72%.

About T-Mobile US

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.