Two Sigma Securities LLC Makes New Investment in T-Mobile US, Inc. $TMUS

Two Sigma Securities LLC purchased a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 30,711 shares of the Wireless communications provider’s stock, valued at approximately $5,151,000. T-Mobile US makes up approximately 0.4% of Two Sigma Securities LLC’s portfolio, making the stock its 29th largest position.

Several other large investors have also modified their holdings of TMUS. CYBER HORNET ETFs LLC raised its position in shares of T-Mobile US by 3.8% during the third quarter. CYBER HORNET ETFs LLC now owns 1,319 shares of the Wireless communications provider’s stock worth $316,000 after purchasing an additional 48 shares during the period. Meeder Asset Management Inc. raised its holdings in T-Mobile US by 16.2% during the 4th quarter. Meeder Asset Management Inc. now owns 351 shares of the Wireless communications provider’s stock worth $71,000 after buying an additional 49 shares during the period. Wellspring Financial Advisors LLC raised its holdings in T-Mobile US by 4.3% during the 4th quarter. Wellspring Financial Advisors LLC now owns 1,273 shares of the Wireless communications provider’s stock worth $259,000 after buying an additional 52 shares during the period. Essex Financial Services Inc. lifted its stake in T-Mobile US by 3.5% during the first quarter. Essex Financial Services Inc. now owns 1,551 shares of the Wireless communications provider’s stock valued at $326,000 after buying an additional 53 shares in the last quarter. Finally, Tcfg Wealth Management LLC boosted its holdings in shares of T-Mobile US by 5.6% in the third quarter. Tcfg Wealth Management LLC now owns 999 shares of the Wireless communications provider’s stock worth $239,000 after buying an additional 53 shares during the period. 42.49% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TMUS has been the topic of several analyst reports. Bank of America raised shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $220.00 target price on the stock in a research report on Monday, July 6th. Barclays reduced their price target on shares of 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. JPMorgan Chase & Co. reiterated a “buy” rating on shares of T-Mobile US in a research report on Tuesday, May 19th. Royal Bank Of Canada cut their target price on shares of T-Mobile US from $240.00 to $230.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Finally, DZ Bank restated a “buy” rating on shares of T-Mobile US in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $252.08.

T-Mobile US Stock Performance

T-Mobile US stock opened at $181.37 on Monday. T-Mobile US, Inc. has a 12 month low of $165.66 and a 12 month high of $258.66. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 1.48. The stock has a market cap of $194.55 billion, a P/E ratio of 18.99, a P/E/G ratio of 1.02 and a beta of 0.33. The company’s fifty day simple moving average is $181.12 and its 200-day simple moving average is $193.32.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.40. The business had revenue of $22.79 billion during the quarter, compared to analyst estimates of $22.95 billion. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%.T-Mobile US’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period last year, the company earned $2.84 earnings per share. As a group, sell-side analysts forecast that T-Mobile US, Inc. will post 10.73 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.2%. T-Mobile US’s dividend payout ratio (DPR) is 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.