T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Everhart Financial Group Inc.

Everhart Financial Group Inc. raised its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 5.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,415 shares of the Wireless communications provider’s stock after purchasing an additional 79 shares during the quarter. Everhart Financial Group Inc.’s holdings in T-Mobile US were worth $377,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Relyea Zuckerberg Hanson LLC boosted its holdings in shares of T-Mobile US by 7.2% in the 1st quarter. Relyea Zuckerberg Hanson LLC now owns 1,378 shares of the Wireless communications provider’s stock valued at $368,000 after purchasing an additional 92 shares during the last quarter. Tobam raised its stake in shares of T-Mobile US by 220.0% in the 1st quarter. Tobam now owns 3,977 shares of the Wireless communications provider’s stock valued at $1,061,000 after acquiring an additional 2,734 shares during the period. McElhenny Sheffield Capital Management LLC purchased a new position in shares of T-Mobile US in the 1st quarter valued at $521,000. Ferguson Wellman Capital Management Inc. raised its stake in shares of T-Mobile US by 2.4% in the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 251,510 shares of the Wireless communications provider’s stock valued at $67,080,000 after acquiring an additional 5,967 shares during the period. Finally, Davis Investment Partners LLC purchased a new position in shares of T-Mobile US in the 1st quarter valued at $311,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Down 0.3%

TMUS stock opened at $228.00 on Friday. T-Mobile US, Inc. has a 52 week low of $173.74 and a 52 week high of $276.49. The company has a market capitalization of $258.88 billion, a price-to-earnings ratio of 23.58, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. The firm’s 50-day moving average is $246.27 and its two-hundred day moving average is $243.83. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. During the same period in the previous year, the firm earned $2.00 EPS. T-Mobile US’s revenue was up 6.6% on a year-over-year basis. On average, 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 firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be issued a $0.88 dividend. The ex-dividend date is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.54%. T-Mobile US’s payout ratio is currently 34.34%.

Analyst Ratings Changes

A number of equities analysts have recently commented on TMUS shares. Wall Street Zen downgraded shares of T-Mobile US from a “buy” rating to a “hold” rating in a research note on Saturday, May 24th. Citigroup downgraded shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 target price on the stock. in a research note on Friday, March 14th. JPMorgan Chase & Co. lifted their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 18th. Royal Bank of Canada lifted their price target on shares of T-Mobile US from $245.00 to $260.00 and gave the stock a “sector perform” rating in a research note on Friday, March 21st. Finally, UBS Group downgraded shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 21st. Eleven 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. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $257.68.

T-Mobile US Company 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.