First Bank & Trust Acquires New Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

First Bank & Trust acquired a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,114 shares of the Wireless communications provider’s stock, valued at approximately $345,000.

A number of other large investors also recently bought and sold shares of TMUS. Private Wealth Management Group LLC purchased a new position in T-Mobile US during the 4th quarter valued at $27,000. Valley National Advisers Inc. boosted its holdings in T-Mobile US by 232.1% during the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 123 shares during the period. Baker Avenue Asset Management LP boosted its holdings in 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 valued at $29,000 after acquiring an additional 81 shares during the period. Bay Harbor Wealth Management LLC purchased a new position in T-Mobile US during the 4th quarter valued at $34,000. Finally, Raleigh Capital Management Inc. lifted its holdings in shares of T-Mobile US by 54.5% in the 3rd quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock worth $36,000 after buying an additional 90 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 189,670 shares of the business’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $162.39, for a total transaction of $30,800,511.30. Following the sale, the director now owns 681,616,136 shares in the company, valued at approximately $110,687,644,325.04. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other T-Mobile US news, Director Telekom Ag Deutsche sold 189,670 shares of the business’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $162.39, for a total transaction of $30,800,511.30. Following the sale, the director now owns 681,616,136 shares in the company, valued at approximately $110,687,644,325.04. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Dara Bazzano sold 4,300 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $179.78, for a total value of $773,054.00. Following the sale, the chief accounting officer now owns 6,202 shares in the company, valued at approximately $1,114,995.56. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,779,170 shares of company stock worth $1,133,297,126. 0.67% of the stock is currently owned by insiders.

T-Mobile US Trading Down 0.7 %

Shares of NASDAQ:TMUS opened at $176.18 on Friday. The business’s 50-day moving average is $169.84 and its 200 day moving average is $164.50. T-Mobile US, Inc. has a 1 year low of $131.47 and a 1 year high of $182.67. The firm has a market capitalization of $206.46 billion, a P/E ratio of 23.97, a P/E/G ratio of 0.69 and a beta of 0.50. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.94 and a quick ratio of 0.86.

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

T-Mobile US Announces Dividend

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

Wall Street Analyst Weigh In

TMUS has been the subject of several research reports. TD Cowen lowered their target price on T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a report on Friday, April 26th. Benchmark reiterated a “buy” rating and issued a $200.00 target price on shares of T-Mobile US in a report on Wednesday, May 29th. Citigroup upped their target price on T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a report on Monday, March 25th. KeyCorp upped their target price on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $190.00 target price on shares of T-Mobile US in a report on Wednesday, April 3rd. Fourteen equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US currently has a consensus rating of “Buy” and a consensus price target of $190.36.

T-Mobile US 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.