16,586 Shares in T-Mobile US, Inc. $TMUS Purchased by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 16,586 shares of the Wireless communications provider’s stock, valued at approximately $2,782,000.

A number of other large investors also recently bought and sold shares of TMUS. Phillips Wealth Planners LLC acquired a new stake in shares of T-Mobile US during the second quarter valued at about $263,000. Trust Co. of Vermont acquired a new position in shares of T-Mobile US in the 2nd quarter worth approximately $3,261,000. Capital Financial Group Inc. Co. ADV acquired a new position in shares of T-Mobile US in the 2nd quarter worth approximately $255,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of T-Mobile US during the 2nd quarter worth approximately $226,124,000. Finally, OneDigital Investment Advisors LLC purchased a new position in shares of T-Mobile US during the 2nd quarter worth approximately $1,133,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on TMUS. Sanford C. Bernstein reiterated a “neutral” rating on shares of T-Mobile US in a report on Wednesday, April 22nd. Wells Fargo & Company decreased their price target on T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating on the stock in a research note on Friday, July 24th. Barclays lowered their price target on T-Mobile US from $230.00 to $215.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Royal Bank Of Canada dropped their price objective on T-Mobile US from $240.00 to $230.00 and set an “outperform” rating for the company in a research note on Monday, July 20th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of T-Mobile US in a report on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $252.08.

Insider Transactions at T-Mobile US

In related news, COO Jon Freier sold 4,799 shares of T-Mobile US stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $190.00, for a total value of $911,810.00. Following the completion of the transaction, the chief operating officer directly owned 217,168 shares in the company, valued at approximately $41,261,920. This trade represents a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.32% of the company’s stock.

T-Mobile US Trading Down 1.4%

Shares of TMUS stock opened at $180.12 on Tuesday. 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 stock has a market capitalization of $193.21 billion, a P/E ratio of 18.86, a price-to-earnings-growth ratio of 1.03 and a beta of 0.33. The company has a 50 day moving average price of $181.63 and a 200 day moving average price of $194.24. T-Mobile US, Inc. has a fifty-two week low of $165.66 and a fifty-two week high of $261.56.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.40. The firm had revenue of $22.79 billion for the quarter, compared to the consensus estimate of $22.95 billion. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.84 EPS. Equities research analysts predict that T-Mobile US, Inc. will post 10.73 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend payout ratio (DPR) is presently 42.72%.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.