T-Mobile US (NASDAQ:TMUS) Sets New 1-Year Low – Here’s What Happened

T-Mobile US, Inc. (NASDAQ:TMUS) shares hit a new 52-week low on Thursday . The company traded as low as $201.58 and last traded at $202.1210, with a volume of 146754 shares changing hands. The stock had previously closed at $204.74.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TMUS. BNP Paribas Exane upped their target price on T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a report on Monday, October 6th. Scotiabank upped their price objective on shares of T-Mobile US from $271.50 to $278.00 and gave the company a “sector outperform” rating in a research note on Monday, October 6th. Hsbc Global Res upgraded shares of T-Mobile US from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 24th. HSBC upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 price objective on the stock in a research note on Friday, October 24th. Finally, Moffett Nathanson upped their price target on shares of T-Mobile US from $210.00 to $230.00 and gave the stock a “neutral” rating in a research note on Thursday, October 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and a consensus price target of $266.63.

T-Mobile US Stock Performance

The company has a current ratio of 0.89, a quick ratio of 0.80 and a debt-to-equity ratio of 1.37. The firm has a market cap of $223.95 billion, a price-to-earnings ratio of 19.24, a price-to-earnings-growth ratio of 1.51 and a beta of 0.57. The stock has a fifty day moving average price of $232.38 and a 200 day moving average price of $237.78.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, beating the consensus estimate of $2.40 by $0.01. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The company had revenue of $21.96 billion for the quarter, compared to the consensus estimate of $21.61 billion. During the same quarter last year, the company posted $2.61 earnings per share. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. As a group, analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be given a $1.02 dividend. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Wednesday, November 26th. T-Mobile US’s dividend payout ratio (DPR) is 39.23%.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 1,374 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $220.46, for a total value of $302,912.04. Following the sale, the director directly owned 582,065,875 shares of the company’s stock, valued at approximately $128,322,242,802.50. This trade represents a 0.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold 2,183,061 shares of company stock valued at $523,510,104 over the last 90 days. Company insiders own 0.37% of the company’s stock.

Institutional Trading of T-Mobile US

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TMUS. Howard Hughes Medical Institute acquired a new position in T-Mobile US in the second quarter valued at about $25,000. United Community Bank raised its position in shares of T-Mobile US by 131.1% in the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 59 shares during the period. Activest Wealth Management raised its position in shares of T-Mobile US by 9,400.0% in the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 94 shares during the period. Elevation Wealth Partners LLC raised its position in shares of T-Mobile US by 190.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 76 shares during the period. Finally, Missouri Trust & Investment Co raised its position in shares of T-Mobile US by 807.7% in the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 105 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Company 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.