6,098 Shares in T-Mobile US, Inc. $TMUS Acquired by CFO4Life Group LLC

CFO4Life Group LLC acquired a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,098 shares of the Wireless communications provider’s stock, valued at approximately $1,023,000.

Several other large investors also recently added to or reduced their stakes in the business. JDM Financial Group LLC increased its stake in shares of T-Mobile US by 114.0% during the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 65 shares during the last quarter. Main Street Group LTD acquired a new stake in shares of T-Mobile US in the 1st quarter valued at $25,000. Paladin Partners LLC bought a new stake in T-Mobile US in the second quarter worth $25,000. Dunhill Financial LLC bought a new position in T-Mobile US during the second quarter valued at about $27,000. Finally, Swiss RE Ltd. bought a new position in T-Mobile US during the fourth quarter valued at about $29,000. 42.49% of the stock is owned by institutional investors.

T-Mobile US Stock Up 1.0%

NASDAQ TMUS opened at $183.04 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 firm has a 50-day simple moving average of $181.42 and a 200 day simple moving average of $193.98. T-Mobile US, Inc. has a twelve month low of $165.66 and a twelve month high of $261.25. The stock has a market cap of $196.34 billion, a PE ratio of 19.17, a PEG ratio of 1.03 and a beta of 0.33.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $22.79 billion for the quarter, compared to the consensus estimate of $22.95 billion. During the same period last year, the business earned $2.84 earnings per share. The firm’s revenue for the quarter was up 7.9% compared to the same quarter last year. On average, research analysts forecast that T-Mobile US, Inc. will post 10.73 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 10th. Stockholders of record on Friday, August 28th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, August 28th. T-Mobile US’s dividend payout ratio (DPR) is presently 42.72%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on TMUS shares. Weiss Ratings downgraded T-Mobile US from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 15th. The Goldman Sachs Group reissued a “buy” rating on shares of T-Mobile US in a research note on Wednesday, April 29th. Scotiabank reduced their target price on T-Mobile US from $263.00 to $243.00 and set a “sector outperform” rating for the company in a report on Wednesday, July 15th. Morgan Stanley decreased their target price on T-Mobile US from $260.00 to $230.00 and set an “overweight” rating for the company in a research report on Tuesday, July 7th. Finally, Royal Bank Of Canada dropped their price target on shares of T-Mobile US from $240.00 to $230.00 and set an “outperform” rating on the stock in a research report on Monday, July 20th. One 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $252.08.

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.