Capital Investment Advisors LLC Has $307,000 Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Capital Investment Advisors LLC grew its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 15.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,149 shares of the Wireless communications provider’s stock after buying an additional 155 shares during the period. Capital Investment Advisors LLC’s holdings in T-Mobile US were worth $307,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of TMUS. Geode Capital Management LLC increased its stake in T-Mobile US by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 11,857,917 shares of the Wireless communications provider’s stock valued at $2,610,542,000 after purchasing an additional 90,755 shares in the last quarter. Invesco Ltd. increased its position in T-Mobile US by 4.6% in the 4th quarter. Invesco Ltd. now owns 8,809,417 shares of the Wireless communications provider’s stock valued at $1,944,503,000 after buying an additional 384,956 shares in the last quarter. Norges Bank acquired a new position in T-Mobile US during the 4th quarter worth approximately $1,802,393,000. Capital International Investors boosted its holdings in T-Mobile US by 36.2% in the fourth quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider’s stock worth $1,440,424,000 after acquiring an additional 1,734,998 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its stake in T-Mobile US by 85.5% in the fourth quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider’s stock valued at $1,329,919,000 after acquiring an additional 2,777,657 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Down 2.5%

Shares of NASDAQ TMUS opened at $230.94 on Thursday. T-Mobile US, Inc. has a one year low of $171.18 and a one year high of $276.49. The business’s fifty day moving average price is $247.00 and its 200-day moving average price is $244.04. The stock has a market capitalization of $262.22 billion, a PE ratio of 23.88, a P/E/G ratio of 1.55 and a beta of 0.64. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.10. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. During the same period last year, the company earned $2.00 earnings per share. The business’s revenue for the quarter was up 6.6% on a year-over-year basis. On average, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US’s dividend payout ratio is presently 34.34%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Citigroup cut T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 target price on the stock. in a report on Friday, March 14th. HSBC cut shares of T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price objective for the company. in a report on Wednesday, March 5th. Scotiabank upgraded shares of T-Mobile US from a “sector perform” rating to a “sector outperform” rating and upped their target price for the stock from $275.00 to $277.50 in a report on Wednesday, April 30th. Wall Street Zen downgraded T-Mobile US from a “buy” rating to a “hold” rating in a research note on Saturday, May 24th. Finally, Wells Fargo & Company reissued an “equal weight” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Eleven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $257.68.

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.