First National Bank of Mount Dora Trust Investment Services Has $9.86 Million Stake in T-Mobile US, Inc. $TMUS

First National Bank of Mount Dora Trust Investment Services grew its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,384 shares of the Wireless communications provider’s stock after purchasing an additional 165 shares during the period. T-Mobile US comprises 2.2% of First National Bank of Mount Dora Trust Investment Services’ portfolio, making the stock its 14th largest holding. First National Bank of Mount Dora Trust Investment Services’ holdings in T-Mobile US were worth $9,860,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in TMUS. Activest Wealth Management increased its holdings in T-Mobile US by 9,400.0% in the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 94 shares during the last quarter. Missouri Trust & Investment Co increased its holdings in T-Mobile US by 807.7% in the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 105 shares during the last quarter. Stone House Investment Management LLC acquired a new position in T-Mobile US in the first quarter worth approximately $29,000. TCTC Holdings LLC increased its holdings in T-Mobile US by 208.1% in the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock worth $30,000 after buying an additional 77 shares during the last quarter. Finally, Tsfg LLC acquired a new position in T-Mobile US in the first quarter worth approximately $47,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on TMUS. Rothschild Redb upgraded T-Mobile US to a “hold” rating in a report on Tuesday, September 30th. Wolfe Research dropped their price objective on T-Mobile US from $300.00 to $290.00 and set an “outperform” rating on the stock in a report on Tuesday, September 30th. Deutsche Bank Aktiengesellschaft increased their price objective on T-Mobile US from $280.00 to $300.00 in a report on Thursday, October 2nd. Rothschild & Co Redburn upgraded T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price objective on the stock in a report on Monday, July 7th. Finally, Royal Bank Of Canada upgraded T-Mobile US from a “sector perform” rating to an “outperform” rating and set a $270.00 price objective on the stock in a report on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $266.17.

T-Mobile US Stock Down 0.1%

Shares of T-Mobile US stock opened at $226.45 on Friday. The stock has a market capitalization of $254.85 billion, a P/E ratio of 21.36, a PEG ratio of 1.55 and a beta of 0.59. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33. The stock has a 50 day moving average price of $242.27 and a two-hundred day moving average price of $241.96. T-Mobile US, Inc. has a 12-month low of $208.39 and a 12-month high of $276.49.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.69 by $0.15. The firm had revenue of $21.13 billion during the quarter, compared to analysts’ expectations of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The company’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.49 earnings per share. Equities analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be paid a $1.02 dividend. The ex-dividend date is Wednesday, November 26th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a dividend yield of 1.8%. T-Mobile US’s dividend payout ratio is 33.21%.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 64,426 shares of the firm’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of $226.15, for a total value of $14,569,939.90. Following the sale, the director owned 627,846,473 shares in the company, valued at approximately $141,987,479,868.95. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 2,348,493 shares of company stock valued at $568,431,000 in the last 90 days. Company insiders own 0.37% of the company’s stock.

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.