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

Pavion Blue Capital LLC bought a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,000 shares of the Wireless communications provider’s stock, valued at approximately $839,000.

Several other institutional investors also recently bought and sold shares of TMUS. JDM Financial Group LLC increased its position in shares of 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 worth $25,000 after purchasing an additional 65 shares in the last quarter. Main Street Group LTD acquired a new stake in shares of T-Mobile US in the 1st quarter worth $25,000. Paladin Partners LLC acquired a new stake in shares of T-Mobile US in the 2nd quarter worth $25,000. Dunhill Financial LLC purchased a new position in T-Mobile US during the 2nd quarter worth $27,000. Finally, Swiss RE Ltd. purchased a new position in T-Mobile US during the 4th quarter worth $29,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reiterated a “buy” rating on shares of T-Mobile US in a research note on Tuesday, May 19th. DZ Bank restated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, May 6th. The Goldman Sachs Group restated a “buy” rating on shares of T-Mobile US in a report on Wednesday, April 29th. Oppenheimer raised shares of T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 price objective for the company in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of T-Mobile US from $300.00 to $285.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $252.08.

Insiders Place Their Bets

In other T-Mobile US news, COO Jon Freier sold 4,799 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $190.00, for a total transaction of $911,810.00. Following the completion of the transaction, the chief operating officer directly owned 217,168 shares of the company’s stock, valued at approximately $41,261,920. This trade represents a 2.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.32% of the company’s stock.

T-Mobile US Stock Down 1.4%

T-Mobile US stock opened at $180.12 on Tuesday. The business’s 50-day simple moving average is $181.63 and its two-hundred day simple moving average is $194.24. 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 company has a market cap of $193.21 billion, a PE ratio of 18.86, a PEG ratio of 1.03 and a beta of 0.33. T-Mobile US, Inc. has a fifty-two week low of $165.66 and a fifty-two week high of $261.56.

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

T-Mobile US Announces Dividend

The firm also recently declared 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 2.3%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend 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.