T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by New Century Financial Group LLC

New Century Financial Group LLC trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 14.4% in the first quarter, Holdings Channel reports. The firm owned 1,175 shares of the Wireless communications provider’s stock after selling 197 shares during the quarter. New Century Financial Group LLC’s holdings in T-Mobile US were worth $313,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Gladstone Institutional Advisory LLC bought a new position in T-Mobile US in the fourth quarter worth about $1,552,000. Van ECK Associates Corp lifted its holdings in T-Mobile US by 3.1% in the fourth quarter. Van ECK Associates Corp now owns 20,855 shares of the Wireless communications provider’s stock worth $4,603,000 after acquiring an additional 625 shares during the last quarter. CFC Planning Co LLC bought a new position in T-Mobile US in the fourth quarter worth about $476,000. Avantax Advisory Services Inc. lifted its holdings in T-Mobile US by 5.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 37,478 shares of the Wireless communications provider’s stock worth $8,272,000 after acquiring an additional 1,859 shares during the last quarter. Finally, Burling Wealth Partners LLC bought a new position in T-Mobile US in the fourth quarter worth about $2,539,000. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

NASDAQ TMUS opened at $228.00 on Friday. T-Mobile US, Inc. has a 1 year low of $173.74 and a 1 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 stock has a market capitalization of $258.88 billion, a P/E ratio of 23.58, a P/E/G ratio of 1.55 and a beta of 0.64. The business’s fifty day moving average is $246.27 and its two-hundred day moving average is $243.85.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping 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 firm had revenue of $20.89 billion for the quarter, compared to analysts’ expectations of $20.67 billion. During the same period in the previous year, the company posted $2.00 EPS. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. On average, research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on TMUS shares. Royal Bank of Canada lifted their price target on T-Mobile US from $245.00 to $260.00 and gave the company a “sector perform” rating in a report on Friday, March 21st. Wells Fargo & Company reaffirmed an “equal weight” rating on shares of T-Mobile US in a report on Wednesday, February 26th. UBS Group cut T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Friday, March 21st. HSBC cut T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 target price on the stock. in a report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. boosted their target price on T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a report on Tuesday, March 18th. Eleven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $257.68.

T-Mobile US 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.