Banque Cantonale Vaudoise Acquires 9,115 Shares of T-Mobile US, Inc. $TMUS

Banque Cantonale Vaudoise grew its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 224.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,169 shares of the Wireless communications provider’s stock after purchasing an additional 9,115 shares during the quarter. Banque Cantonale Vaudoise’s holdings in T-Mobile US were worth $2,766,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of TMUS. Tranquility Partners LLC lifted its position in shares of T-Mobile US by 9.0% in the first quarter. Tranquility Partners LLC now owns 2,390 shares of the Wireless communications provider’s stock worth $502,000 after buying an additional 197 shares during the last quarter. Miller Howard Investments Inc. NY boosted its stake in shares of T-Mobile US by 10.4% during the 1st quarter. Miller Howard Investments Inc. NY now owns 46,707 shares of the Wireless communications provider’s stock worth $9,810,000 after acquiring an additional 4,408 shares in the last quarter. Centennial Wealth Advisory LLC acquired a new position in shares of T-Mobile US during the 1st quarter valued at about $244,000. Weaver Capital Management LLC increased its holdings in shares of T-Mobile US by 11.5% during the 1st quarter. Weaver Capital Management LLC now owns 9,366 shares of the Wireless communications provider’s stock valued at $1,967,000 after acquiring an additional 968 shares during the last quarter. Finally, Cidel Asset Management Inc. increased its holdings in shares of T-Mobile US by 37.1% during the 1st quarter. Cidel Asset Management Inc. now owns 3,180 shares of the Wireless communications provider’s stock valued at $668,000 after acquiring an additional 860 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Price Performance

NASDAQ TMUS opened at $181.57 on Friday. The stock has a 50-day simple moving average of $188.39 and a 200 day simple moving average of $198.04. T-Mobile US, Inc. has a twelve month low of $174.02 and a twelve month high of $261.56. The stock has a market capitalization of $196.50 billion, a PE ratio of 19.32, a P/E/G ratio of 1.05 and a beta of 0.31. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09.

T-Mobile US (NASDAQ:TMUSGet Free Report) last released its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. The firm had revenue of $23.11 billion for the quarter, compared to analyst estimates of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The company’s revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.58 EPS. Research analysts anticipate that T-Mobile US, Inc. will post 10.65 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be given a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, August 28th. T-Mobile US’s dividend payout ratio is currently 43.40%.

More T-Mobile US News

Here are the key news stories impacting T-Mobile US this week:

Insider Transactions at T-Mobile US

In related news, insider Andre Almeida acquired 5,097 shares of the stock in a transaction dated Friday, May 1st. The shares were acquired at an average price of $196.18 per share, for a total transaction of $999,929.46. Following the completion of the purchase, the insider owned 44,850 shares in the company, valued at approximately $8,798,673. The trade was a 12.82% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael J. Katz sold 5,000 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the transaction, the insider directly owned 181,930 shares in the company, valued at $35,623,713.30. This trade represents a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.32% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TMUS. Freedom Capital upgraded T-Mobile US from a “hold” rating to a “strong-buy” rating in a report on Friday, April 17th. The Goldman Sachs Group reiterated a “buy” rating on shares of T-Mobile US in a report on Wednesday, April 29th. Royal Bank Of Canada dropped their price target on shares of T-Mobile US from $255.00 to $240.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. UBS Group reduced their price objective on shares of T-Mobile US from $300.00 to $255.00 and set a “buy” rating for the company in a research note on Monday. Finally, Wall Street Zen raised shares of T-Mobile US from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $260.27.

Check Out Our Latest Analysis on TMUS

About T-Mobile US

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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