Livforsakringsbolaget Skandia Omsesidigt Buys Shares of 3,549 T-Mobile US, Inc. $TMUS

Livforsakringsbolaget Skandia Omsesidigt bought a new position in T-Mobile US, Inc. (NASDAQ:TMUS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,549 shares of the Wireless communications provider’s stock, valued at approximately $595,000.

Other large investors also recently made changes to their positions in the company. JDM Financial Group LLC grew its holdings in T-Mobile US by 114.0% in the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 65 shares in the last quarter. Main Street Group LTD acquired a new stake in T-Mobile US in the 1st quarter valued at approximately $25,000. Paladin Partners LLC bought a new stake in T-Mobile US during the 2nd quarter valued at $25,000. Dunhill Financial LLC bought a new stake in T-Mobile US during the 2nd quarter valued at $27,000. Finally, Swiss RE Ltd. acquired a new position in T-Mobile US during the 4th quarter worth $29,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Ratings Changes

TMUS has been the subject of several recent analyst reports. Wall Street Zen raised T-Mobile US from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Wells Fargo & Company reduced their price objective on shares of T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating for the company in a report on Friday, July 24th. Arete Research upped their price objective on shares of T-Mobile US from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. DZ Bank reiterated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, May 6th. Finally, UBS Group lowered their target price on shares of T-Mobile US from $255.00 to $235.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. One research 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. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $252.08.

T-Mobile US Stock Up 2.0%

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 company has a market capitalization of $194.55 billion, a PE ratio of 18.99, a P/E/G ratio of 1.02 and a beta of 0.33. The stock’s fifty day moving average is $181.12 and its 200-day moving average is $193.35. T-Mobile US, Inc. has a one year low of $165.66 and a one year high of $258.66.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, beating analysts’ consensus estimates 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 prior year, the company earned $2.84 EPS. T-Mobile US’s revenue was up 7.9% on a year-over-year basis. On average, equities analysts predict that T-Mobile US, Inc. will post 10.73 EPS 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 10th. Investors of record on Friday, August 28th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $4.08 annualized dividend and a yield of 2.2%. T-Mobile US’s dividend payout ratio is currently 42.72%.

T-Mobile US Profile

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.