First Bank & Trust Acquires Shares of 2,114 T-Mobile US, Inc. (NASDAQ:TMUS)

First Bank & Trust acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,114 shares of the Wireless communications provider’s stock, valued at approximately $345,000.

Other institutional investors also recently added to or reduced their stakes in the company. Private Wealth Management Group LLC purchased a new stake in T-Mobile US in the 4th quarter valued at approximately $27,000. Valley National Advisers Inc. boosted its holdings in T-Mobile US by 232.1% in the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 123 shares in the last quarter. Baker Avenue Asset Management LP boosted its stake in shares of T-Mobile US by 63.3% during the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after acquiring an additional 81 shares in the last quarter. Bay Harbor Wealth Management LLC purchased a new stake in shares of T-Mobile US during the 4th quarter worth approximately $34,000. Finally, Raleigh Capital Management Inc. boosted its stake in shares of T-Mobile US by 54.5% during the 3rd quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock worth $36,000 after acquiring an additional 90 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Down 0.7 %

Shares of TMUS opened at $176.18 on Friday. The stock has a fifty day moving average of $169.84 and a two-hundred day moving average of $164.50. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. The company has a market capitalization of $206.46 billion, a PE ratio of 23.97, a price-to-earnings-growth ratio of 0.69 and a beta of 0.50. T-Mobile US, Inc. has a fifty-two week low of $131.47 and a fifty-two week high of $182.67.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.17. The company had revenue of $19.59 billion during the quarter, compared to the consensus estimate of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. T-Mobile US’s revenue was down .2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.58 EPS. As a group, analysts forecast that T-Mobile US, Inc. will post 9.01 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be issued a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.48%. T-Mobile US’s payout ratio is 35.37%.

Insider Transactions at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 227,604 shares of the company’s stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $172.65, for a total transaction of $39,295,830.60. Following the completion of the sale, the director now directly owns 673,251,489 shares in the company, valued at approximately $116,236,869,575.85. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, CFO Peter Osvaldik sold 10,000 shares of the company’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $180.98, for a total transaction of $1,809,800.00. Following the completion of the sale, the chief financial officer now directly owns 81,307 shares of the company’s stock, valued at approximately $14,714,940.86. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Telekom Ag Deutsche sold 227,604 shares of the company’s stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $172.65, for a total transaction of $39,295,830.60. Following the sale, the director now directly owns 673,251,489 shares of the company’s stock, valued at $116,236,869,575.85. The disclosure for this sale can be found here. Insiders sold a total of 6,779,170 shares of company stock worth $1,133,297,126 in the last ninety days. Insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on TMUS shares. Royal Bank of Canada boosted their price target on T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. StockNews.com raised T-Mobile US from a “hold” rating to a “buy” rating in a research note on Thursday, June 13th. Oppenheimer reissued an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a research note on Wednesday, April 3rd. Citigroup boosted their price target on T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research note on Monday, March 25th. Finally, KeyCorp upped their target price on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Fourteen equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, T-Mobile US currently has a consensus rating of “Buy” and a consensus target price of $190.36.

About T-Mobile US

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.