Foster Group Inc. Purchases Shares of 933 T-Mobile US, Inc. (NASDAQ:TMUS)

Foster Group Inc. purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 933 shares of the Wireless communications provider’s stock, valued at approximately $249,000.

Several other institutional investors have also added to or reduced their stakes in TMUS. Ancora Advisors LLC raised its holdings in T-Mobile US by 16.6% during the 4th quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider’s stock valued at $57,000 after buying an additional 37 shares during the period. Snowden Capital Advisors LLC raised its stake in shares of T-Mobile US by 0.6% in the fourth quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider’s stock valued at $1,411,000 after acquiring an additional 40 shares during the period. Signaturefd LLC raised its stake in shares of T-Mobile US by 0.4% in the fourth quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider’s stock valued at $2,499,000 after acquiring an additional 41 shares during the period. Financial Management Professionals Inc. raised its stake in shares of T-Mobile US by 15.6% in the first quarter. Financial Management Professionals Inc. now owns 303 shares of the Wireless communications provider’s stock valued at $81,000 after acquiring an additional 41 shares during the period. Finally, Continuum Advisory LLC raised its stake in shares of T-Mobile US by 0.7% in the fourth quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider’s stock valued at $1,340,000 after acquiring an additional 43 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on TMUS. JPMorgan Chase & Co. increased their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 18th. Benchmark reiterated a “buy” rating and issued a $275.00 target price on shares of T-Mobile US in a research note on Thursday, March 27th. Wall Street Zen lowered T-Mobile US from a “buy” rating to a “hold” rating in a research note on Saturday, May 24th. Hsbc Global Res downgraded shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Finally, UBS Group downgraded shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 21st. Eleven research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and a consensus price target of $257.68.

T-Mobile US Price Performance

TMUS opened at $245.86 on Friday. The business’s 50-day moving average is $248.49 and its two-hundred day moving average is $244.07. T-Mobile US, Inc. has a 1 year low of $171.18 and a 1 year high of $276.49. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The firm has a market capitalization of $279.16 billion, a PE ratio of 25.43, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.48 by $0.10. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. During the same quarter in the previous year, the firm earned $2.00 EPS. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. Research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, August 29th. This represents a $3.52 annualized dividend and a yield of 1.43%. T-Mobile US’s dividend payout ratio (DPR) is 34.34%.

T-Mobile US Company 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.