Valley Wealth Managers Inc. Acquires 6,480 Shares of T-Mobile US, Inc. $TMUS

Valley Wealth Managers Inc. increased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 5.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 116,239 shares of the Wireless communications provider’s stock after purchasing an additional 6,480 shares during the quarter. Valley Wealth Managers Inc.’s holdings in T-Mobile US were worth $18,956,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in T-Mobile US in the 2nd quarter valued at about $6,625,275,000. State Street Corp lifted its holdings in shares of T-Mobile US by 4.3% during the 4th quarter. State Street Corp now owns 25,281,709 shares of the Wireless communications provider’s stock worth $5,133,198,000 after acquiring an additional 1,047,624 shares during the period. Invesco Ltd. boosted its position in shares of T-Mobile US by 10.5% in the fourth quarter. Invesco Ltd. now owns 8,730,485 shares of the Wireless communications provider’s stock worth $1,772,638,000 after acquiring an additional 827,381 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of T-Mobile US by 13.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,958,610 shares of the Wireless communications provider’s stock worth $1,006,796,000 after acquiring an additional 582,964 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in T-Mobile US in the second quarter valued at approximately $839,194,000. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $148.58 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.83 and a debt-to-equity ratio of 1.48. The company has a market cap of $159.38 billion, a PE ratio of 15.56, a P/E/G ratio of 1.07 and a beta of 0.33. The company’s fifty day simple moving average is $175.02 and its 200-day simple moving average is $184.33. T-Mobile US, Inc. has a 52 week low of $147.90 and a 52 week high of $231.02.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, topping analysts’ consensus estimates of $2.59 by $0.40. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The firm had revenue of $22.79 billion during the quarter, compared to analysts’ expectations of $22.95 billion. During the same period in the prior year, the company earned $2.84 EPS. The firm’s revenue was up 7.9% on a year-over-year basis. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 11.09 EPS for the current year.

T-Mobile US Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 25th will be given a $1.17 dividend. The ex-dividend date of this dividend is Wednesday, November 25th. This is a positive change from T-Mobile US’s previous quarterly dividend of $1.02. This represents a $4.68 annualized dividend and a dividend yield of 3.1%. T-Mobile US’s dividend payout ratio (DPR) is currently 42.72%.

Insider Buying and Selling at T-Mobile US

In other news, CAO Daniel James Drobac sold 772 shares of the stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $178.33, for a total value of $137,670.76. Following the completion of the sale, the chief accounting officer owned 35,118 shares in the company, valued at approximately $6,262,592.94. This trade represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.32% of the stock is owned by insiders.

T-Mobile US News Roundup

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: Scotiabank lowered its price target modestly to $212 but maintained a “sector outperform” rating, implying substantial potential upside from recent trading levels. Scotiabank price target report
• Positive Sentiment: T-Mobile’s advertising strategy continues to expand, with Vistar Media using the carrier’s first-party data to create enhanced digital-out-of-home audience segments. This could provide a longer-term revenue diversification opportunity, although it has not offset current competitive concerns. T-Mobile advertising data report
• Positive Sentiment: Mint Mobile introduced a promotional six-month price of $10 per month for new customers, potentially supporting customer acquisition and brand visibility. However, the discount may also pressure near-term wireless pricing. Mint Mobile anniversary promotion
• Neutral Sentiment: T-Mobile announced the 40 finalists in its Friday Night 5G Lights community program. The initiative supports brand engagement but is unlikely to materially affect near-term earnings. Friday Night 5G Lights announcement
• Neutral Sentiment: A reported October short-interest entry showed zero shares and a zero days-to-cover ratio, making the data internally inconsistent and not a reliable explanation for the stock’s move.
• Negative Sentiment: SpaceX agreed to acquire nationwide low-band mobile spectrum from Grain Management, advancing its goal of becoming a major U.S. mobile carrier through Starlink. Investors fear the deal could give SpaceX stronger network capabilities and increase pressure on T-Mobile, AT&T and Verizon. SpaceX spectrum acquisition report
• Negative Sentiment: Reports that T-Mobile has changed how it presents Starlink-related services have raised concerns about turbulence in the companies’ partnership, adding to uncertainty around T-Mobile’s satellite-connectivity strategy. T-Mobile Starlink partnership report

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Morgan Stanley dropped their price target on shares of T-Mobile US from $260.00 to $230.00 and set an “overweight” rating for the company in a research report on Tuesday, July 7th. Bank of America raised shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $220.00 price objective for the company in a research note on Monday, July 6th. JPMorgan Chase & Co. dropped their price objective on T-Mobile US from $275.00 to $260.00 and set an “overweight” rating for the company in a report on Monday, September 21st. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of T-Mobile US in a research report on Monday, September 28th. Finally, Royal Bank Of Canada reduced their target price on T-Mobile US from $240.00 to $230.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and an average target price of $247.64.

T-Mobile US Profile

T-Mobile US, Inc is a wireless communications company that provides mobile voice, messaging, and data services to consumers, businesses, and government customers in the United States. Its offerings include wireless plans, smartphones, connected devices, accessories, and related services, supported by a nationwide cellular network.

The company also provides fixed wireless broadband and other internet services for households, as well as wireless connectivity, networking, and communications solutions for businesses and public-sector organizations.