Personal CFO Solutions LLC grew its holdings in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 156.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,569 shares of the Wireless communications provider’s stock after purchasing an additional 2,784 shares during the quarter. Personal CFO Solutions LLC’s holdings in T-Mobile US were worth $960,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in TMUS. JDM Financial Group LLC boosted its stake in T-Mobile US by 114.0% during the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 65 shares during the last quarter. Swiss RE Ltd. acquired a new stake in shares of T-Mobile US in the 4th quarter worth $29,000. Turning Point Benefit Group Inc. raised its holdings in shares of T-Mobile US by 3,825.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock worth $32,000 after acquiring an additional 153 shares during the period. Acumen Wealth Advisors LLC acquired a new position in shares of T-Mobile US during the 4th quarter valued at about $36,000. Finally, United Community Bank boosted its position in shares of T-Mobile US by 78.8% during the 4th quarter. United Community Bank now owns 186 shares of the Wireless communications provider’s stock valued at $38,000 after acquiring an additional 82 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.
More T-Mobile US News
Here are the key news stories impacting T-Mobile US this week:
- Positive Sentiment: T-Mobile named wireless veteran Chris Sambar as Chief Enterprise Officer, part of a broader leadership reshuffle aimed at accelerating expansion into AI, 6G, and new business lines. T-Mobile (TMUS) Appoints Chris Sambar as Chief Enterprise Officer
- Positive Sentiment: Analysts remain constructive overall: Morgan Stanley kept an Overweight rating on TMUS, and a recent bullish note argued the stock looks cheap relative to growth, highlighting strong revenue growth, margins, debt reduction, and share buybacks. Morgan Stanley Keeps Overweight Rating on T-Mobile (TMUS) T-Mobile US: Cheap Relative To Growth
- Positive Sentiment: T-Mobile also received new analyst coverage from Wells Fargo, which can help reinforce investor interest even though the firm’s rating was only neutral. T-Mobile US (NASDAQ:TMUS) Now Covered by Analysts at Wells Fargo & Company
- Neutral Sentiment: T-Mobile is highlighting brand and network strengths through an MLB All-Star Week sponsorship in Philadelphia, a modest marketing item that reinforces its 5G and customer-experience messaging. America’s Pastime Meets America’s Best Network at MLB All-Star Week in Philadelphia
- Negative Sentiment: Some analysts cut their price targets: Morgan Stanley lowered its target to $230 from $260, and Barclays reduced its target to $230 from $245, signaling more limited upside than before. Morgan Stanley Keeps Overweight Rating on T-Mobile (TMUS) Is Public Storage (PSA) Fairly Valued Following Its COO Resignation?
- Negative Sentiment: TMUS faced headlines about a customer-support change in its T-Life app that triggered backlash, adding a small reputational overhang. T-Mobile faces backlash over new customer support restriction
T-Mobile US Price Performance
T-Mobile US (NASDAQ:TMUS – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.26. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The firm had revenue of $23.11 billion during the quarter, compared to analysts’ expectations of $22.98 billion. During the same quarter last year, the company posted $2.58 EPS. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. As a group, equities research analysts expect that T-Mobile US, Inc. will post 10.65 earnings per share for the current year.
T-Mobile US Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 28th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend payout ratio is 43.40%.
Insider Transactions at T-Mobile US
In other news, insider Andre Almeida purchased 5,097 shares of the stock in a transaction dated Friday, May 1st. The stock was acquired at an average cost of $196.18 per share, for a total transaction of $999,929.46. Following the completion of the transaction, the insider directly owned 44,850 shares in the company, valued at approximately $8,798,673. This represents a 12.82% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Jon Freier sold 4,799 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $190.00, for a total value of $911,810.00. Following the completion of the sale, the chief operating officer owned 217,168 shares in the company, valued at $41,261,920. This represents a 2.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.32% of the company’s stock.
Analyst Ratings Changes
Several research firms recently issued reports on TMUS. DZ Bank restated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, May 6th. KeyCorp upgraded shares of T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 target price on the stock in a report on Monday, April 13th. Freedom Capital raised shares of T-Mobile US from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. Royal Bank Of Canada cut their price target on shares of T-Mobile US from $255.00 to $240.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target 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. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $255.76.
View Our Latest Report on TMUS
T-Mobile US Company 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.
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