5,273 Shares in T-Mobile US, Inc. $TMUS Acquired by Csenge Advisory Group

Csenge Advisory Group acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 5,273 shares of the Wireless communications provider’s stock, valued at approximately $884,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. JDM Financial Group LLC grew its stake 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 buying an additional 65 shares during the last quarter. Main Street Group LTD bought a new position in shares of T-Mobile US in the 1st quarter valued at $25,000. Paladin Partners LLC bought a new position in shares of T-Mobile US in the 2nd quarter valued at $25,000. Dunhill Financial LLC acquired a new stake in shares of T-Mobile US during the 2nd quarter valued at $27,000. Finally, Swiss RE Ltd. bought a new stake in T-Mobile US during the 4th quarter worth $29,000. Institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

TMUS has been the subject of a number of recent research reports. Wolfe Research reaffirmed a “peer perform” rating on shares of T-Mobile US in a report on Friday, August 14th. Wells Fargo & Company cut their price target on T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating on the stock in a research note on Friday, July 24th. Weiss Ratings cut T-Mobile US from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 15th. Oppenheimer raised 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 note on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of T-Mobile US from $300.00 to $285.00 and set a “buy” rating for the company in a report on Thursday, April 30th. One equities 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.com, T-Mobile US has a consensus rating of “Moderate Buy” and an average target price of $252.08.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $182.36 on Thursday. The company has a market capitalization of $195.61 billion, a price-to-earnings ratio of 19.10, a PEG ratio of 1.03 and a beta of 0.33. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 1.48. T-Mobile US, Inc. has a twelve month low of $165.66 and a twelve month high of $261.56. The stock has a fifty day simple moving average of $181.63 and a 200 day simple moving average of $194.17.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 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 for the quarter, compared to the consensus estimate of $22.95 billion. During the same period in the previous year, the business earned $2.84 EPS. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. Sell-side analysts expect that T-Mobile US, Inc. will post 10.73 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend payout ratio (DPR) is 42.72%.

T-Mobile US Company 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.