Csenge Advisory Group Invests $884,000 in T-Mobile US, Inc. $TMUS

Csenge Advisory Group bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,273 shares of the Wireless communications provider’s stock, valued at approximately $884,000.

A number of other large investors also recently made changes to their positions in the company. JDM Financial Group LLC grew its holdings in T-Mobile US by 114.0% in the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 65 shares in the last quarter. Main Street Group LTD acquired a new stake in shares of T-Mobile US during the first quarter worth $25,000. Paladin Partners LLC bought a new stake in shares of T-Mobile US in the second quarter valued at about $25,000. Dunhill Financial LLC bought a new stake in shares of T-Mobile US in the second quarter valued at about $27,000. Finally, Swiss RE Ltd. acquired a new position in shares of T-Mobile US in the fourth quarter valued at about $29,000. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS opened at $182.36 on Thursday. The company’s 50 day simple moving average is $181.63 and its 200 day simple moving average is $194.17. The stock has a market capitalization of $195.61 billion, a price-to-earnings ratio of 19.10, a price-to-earnings-growth ratio of 1.03 and a beta of 0.33. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.92 and a quick ratio of 0.83. T-Mobile US, Inc. has a 1 year low of $165.66 and a 1 year high of $261.56.

T-Mobile US (NASDAQ:TMUS) last released 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 during the quarter, compared to analysts’ expectations of $22.95 billion. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%.The company’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the company earned $2.84 earnings per share. As a group, research analysts predict that T-Mobile US, Inc. will post 10.73 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 28th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend payout ratio is currently 42.72%.

Analysts Set New Price Targets

TMUS has been the topic of a number of recent research reports. Weiss Ratings lowered shares of T-Mobile US from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 15th. Barclays cut their price objective on shares of T-Mobile US from $230.00 to $215.00 and set an “overweight” rating for the company in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of T-Mobile US from $300.00 to $285.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Benchmark lowered their target price on shares of T-Mobile US from $295.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Finally, Oppenheimer upgraded shares of T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 price target for the company in a research report on Wednesday, April 29th. One equities research 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. Based on data from MarketBeat.com, T-Mobile US currently has a consensus rating of “Moderate Buy” and a consensus target price of $252.08.

T-Mobile US Profile

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.