National Pension Service Increases Position in T-Mobile US, Inc. $TMUS

National Pension Service increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,272,702 shares of the Wireless communications provider’s stock after acquiring an additional 28,413 shares during the quarter. National Pension Service’s holdings in T-Mobile US were worth $213,470,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Main Street Group LTD purchased a new position in T-Mobile US during the first quarter worth about $25,000. Paladin Partners LLC purchased a new stake in T-Mobile US in the 2nd quarter valued at about $25,000. Dunhill Financial LLC acquired a new position in shares of T-Mobile US during the 2nd quarter valued at about $27,000. Swiss RE Ltd. purchased a new position in shares of T-Mobile US during the 4th quarter worth about $29,000. Finally, Highland Investment Advisors LLC acquired a new stake in shares of T-Mobile US in the second quarter worth approximately $30,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on TMUS. Bank of America raised shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $220.00 price target for the company in a research report on Monday, July 6th. Weiss Ratings lowered shares of T-Mobile US from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 15th. TD Cowen lowered their price objective on shares of T-Mobile US from $261.00 to $260.00 and set a “buy” rating for the company in a research note on Friday, July 24th. UBS Group dropped their price objective on T-Mobile US from $255.00 to $235.00 and set a “buy” rating for the company in a report on Friday, July 24th. Finally, Morgan Stanley cut their target price on T-Mobile US from $260.00 to $230.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average price target of $252.08.

T-Mobile US Trading Down 0.1%

NASDAQ TMUS opened at $177.16 on Friday. T-Mobile US, Inc. has a one year low of $165.66 and a one year high of $244.24. The company’s 50 day moving average price is $181.82 and its 200 day moving average price is $191.28. 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 market capitalization of $190.03 billion, a price-to-earnings ratio of 18.55, a PEG ratio of 1.14 and a beta of 0.34.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.40. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The company had revenue of $22.79 billion during the quarter, compared to the consensus estimate of $22.95 billion. During the same period in the previous year, the firm earned $2.84 earnings per share. T-Mobile US’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, sell-side analysts predict that T-Mobile US, Inc. will post 10.82 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Friday, August 28th were given a dividend of $1.02 per share. The ex-dividend date of this dividend was Friday, August 28th. This represents a $4.08 annualized dividend and a yield of 2.3%. T-Mobile US’s payout ratio is 42.72%.

T-Mobile US Profile

T-Mobile US, Inc (NASDAQ: TMUS) is a wireless communications company that provides mobile voice, messaging and data services to consumers, businesses and government customers in the United States. Its offerings include postpaid and prepaid wireless plans, connected devices, smartphones, accessories and related communications services.

The company operates its consumer business primarily under the T-Mobile and Metro by T-Mobile brands. It also provides fixed wireless broadband, which uses its wireless network to deliver internet access to homes and businesses, as well as specialized connectivity services for connected devices and other applications.

T-Mobile US operates a nationwide wireless network, including a broad 5G network, and serves customers throughout the United States, including Puerto Rico and the U.S.