Integrated Advisors Network LLC Sells 78 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Integrated Advisors Network LLC decreased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.0% in the first quarter, HoldingsChannel reports. The firm owned 3,773 shares of the Wireless communications provider’s stock after selling 78 shares during the quarter. Integrated Advisors Network LLC’s holdings in T-Mobile US were worth $1,006,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Godsey & Gibb Inc. boosted its position in shares of T-Mobile US by 139.5% during the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider’s stock valued at $27,000 after buying an additional 60 shares during the period. Rakuten Securities Inc. boosted its position in shares of T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 62 shares during the period. CoreFirst Bank & Trust purchased a new position in shares of T-Mobile US during the fourth quarter valued at approximately $28,000. City Holding Co. boosted its position in shares of T-Mobile US by 45.3% during the first quarter. City Holding Co. now owns 138 shares of the Wireless communications provider’s stock valued at $37,000 after buying an additional 43 shares during the period. Finally, Adirondack Trust Co. boosted its position in shares of T-Mobile US by 366.7% during the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider’s stock valued at $37,000 after buying an additional 110 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $228.70 on Friday. T-Mobile US, Inc. has a one year low of $173.18 and a one year high of $276.49. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The firm has a market cap of $259.68 billion, a price-to-earnings ratio of 23.65, a PEG ratio of 1.55 and a beta of 0.64. The firm’s fifty day moving average is $246.64 and its two-hundred day moving average is $243.97.

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, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The company had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. During the same period in the prior year, the company earned $2.00 earnings per share. The firm’s revenue was up 6.6% on a year-over-year basis. Research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.54%. The ex-dividend date is Friday, August 29th. T-Mobile US’s payout ratio is currently 34.34%.

Analysts Set New Price Targets

Several research analysts have issued reports on TMUS shares. Benchmark restated a “buy” rating and set a $275.00 target price on shares of T-Mobile US in a research report on Thursday, March 27th. Hsbc Global Res downgraded shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Wall Street Zen lowered T-Mobile US from a “buy” rating to a “hold” rating in a report on Saturday, May 24th. Tigress Financial upped their target price on T-Mobile US from $290.00 to $305.00 and gave the stock a “buy” rating in a report on Tuesday, April 29th. Finally, Citigroup lowered T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 target price for the company. in a report on Friday, March 14th. Eleven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $257.68.

About T-Mobile US

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.