Sowell Financial Services LLC cut its holdings in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 45.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,185 shares of the Wireless communications provider’s stock after selling 3,436 shares during the period. Sowell Financial Services LLC’s holdings in T-Mobile US were worth $850,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the business. City Holding Co. grew its stake in T-Mobile US by 48.4% in the third quarter. City Holding Co. now owns 141 shares of the Wireless communications provider’s stock valued at $34,000 after acquiring an additional 46 shares during the period. New Republic Capital LLC raised its position in shares of T-Mobile US by 4.7% during the third quarter. New Republic Capital LLC now owns 1,073 shares of the Wireless communications provider’s stock worth $257,000 after purchasing an additional 48 shares during the period. 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. Appleton Partners Inc. MA lifted its holdings in shares of T-Mobile US by 5.3% in the 3rd quarter. Appleton Partners Inc. MA now owns 971 shares of the Wireless communications provider’s stock worth $232,000 after purchasing an additional 49 shares in the last quarter. Finally, MJP Associates Inc. ADV lifted its holdings in shares of T-Mobile US by 2.7% in the 3rd quarter. MJP Associates Inc. ADV now owns 1,886 shares of the Wireless communications provider’s stock worth $452,000 after purchasing an additional 49 shares in the last quarter. 42.49% of the stock is owned by institutional investors.
Insider Activity
In other T-Mobile US news, insider Mark Wolfe Nelson sold 2,329 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $222.38, for a total transaction of $517,923.02. Following the completion of the sale, the insider directly owned 65,677 shares of the company’s stock, valued at approximately $14,605,251.26. The trade was a 3.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director G Michael Sievert sold 1,089 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $221.85, for a total value of $241,594.65. Following the sale, the director directly owned 125,696 shares of the company’s stock, valued at $27,885,657.60. This represents a 0.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 694,134 shares of company stock worth $150,847,799. Company insiders own 0.37% of the company’s stock.
More T-Mobile US News
- Positive Sentiment: MoffettNathanson upgraded TMUS from Neutral to Buy and set a $254 price target, signaling analyst confidence and a potential catalyst for investor demand. T-Mobile Just Got a Wall Street Upgrade. Is This the Telecom Stock to Own Right Now?
- Positive Sentiment: T-Mobile expanded enterprise reach via a collaboration with Motorola Solutions to bring satellite connectivity (T-Satellite/T-Priority) to mission-critical radios — a revenue/enterprise-service play that leverages T‑Mobile’s network capabilities. Motorola Solutions Extends Resilient, Mission-Critical Communications and AI with T-Satellite from T-Mobile
- Positive Sentiment: Mint Mobile (a T‑Mobile brand) launched a $45 home internet + wireless bundle that could help consumer subscriber growth and reduce churn by bundling broadband + mobile under TMUS’s ecosystem. Mint Mobile Launches $45 Home Internet + Wireless Bundle to Help You Finally Break Up with Big Cable
- Neutral Sentiment: Serve Robotics debuted “Maggie,” an AI conversational robot using T‑Mobile’s 5G Advanced and edge compute — a proof point for 5G enterprise/edge use cases but still early-stage and speculative for meaningful revenue today. The Bull Case For Serve Robotics (SERV) Could Change Following Launch Of 5G Conversational Robot Maggie
- Neutral Sentiment: Industry-level note: Bloomberg highlights investor interest in dividend-rich telecoms as a safe-haven trade; the sector tailwind helps sentiment, though T‑Mobile is less dividend-focused than peers. Global Chaos, AI Fears Help Tech’s Dividend Stocks
- Negative Sentiment: SpaceX/Starlink developments are raising investor concerns that LEO/direct-to-cell satellite services could compete with or disrupt traditional carriers’ coverage/revenue — a strategic threat for TMUS if satellite carriers expand direct-to-consumer/mobile offerings. SpaceX Just Gave Bad News to AT&T, Verizon, and T-Mobile Investors
- Negative Sentiment: In a Fast-Track SWIFT challenge T‑Mobile brought against Verizon, the National Advertising Division found Verizon’s pricing disclosure adequate — a legal/competitive setback that could limit T‑Mobile’s claims in marketing disputes. In Fast-Track SWIFT Challenge, National Advertising Division Finds Verizon Wireless Pricing Disclosures Adequate
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on TMUS. Citigroup increased their target price on T-Mobile US from $220.00 to $225.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. Scotiabank cut their target price on T-Mobile US from $270.50 to $266.00 and set a “sector outperform” rating on the stock in a report on Thursday, February 12th. Benchmark reissued a “buy” rating on shares of T-Mobile US in a research report on Thursday, February 12th. Morgan Stanley lowered their target price on shares of T-Mobile US from $280.00 to $260.00 and set an “overweight” rating on the stock in a report on Wednesday, December 10th. Finally, Royal Bank Of Canada lowered their target price on shares of T-Mobile US from $270.00 to $255.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus price target of $258.30.
Read Our Latest Research Report on T-Mobile US
T-Mobile US Stock Performance
Shares of TMUS opened at $197.63 on Thursday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.90 and a current ratio of 1.00. The stock has a 50 day moving average price of $210.09 and a two-hundred day moving average price of $209.67. The firm has a market capitalization of $217.76 billion, a P/E ratio of 20.35, a P/E/G ratio of 1.32 and a beta of 0.43. T-Mobile US, Inc. has a 52 week low of $181.36 and a 52 week high of $267.96.
T-Mobile US Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Friday, May 29th. T-Mobile US’s payout ratio is currently 42.02%.
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.
See Also
Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUS – Free Report).
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