T-Mobile US, Inc. $TMUS Stock Holdings Increased by Liberty One Investment Management LLC

Liberty One Investment Management LLC lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 44.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 25,281 shares of the Wireless communications provider’s stock after purchasing an additional 7,746 shares during the period. Liberty One Investment Management LLC’s holdings in T-Mobile US were worth $5,310,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of T-Mobile US during the fourth quarter worth approximately $1,335,918,000. Price T Rowe Associates Inc. MD grew its position in T-Mobile US by 30.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,795,065 shares of the Wireless communications provider’s stock worth $5,643,511,000 after buying an additional 6,516,968 shares during the last quarter. Dodge & Cox lifted its holdings in shares of T-Mobile US by 65.2% during the fourth quarter. Dodge & Cox now owns 6,185,972 shares of the Wireless communications provider’s stock valued at $1,256,000,000 after purchasing an additional 2,442,450 shares during the last quarter. Viking Global Investors LP lifted its stake in T-Mobile US by 81.7% during the second quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock valued at $677,925,000 after buying an additional 1,279,422 shares in the last quarter. Finally, Amundi boosted its position in shares of T-Mobile US by 44.6% in the third quarter. Amundi now owns 4,109,084 shares of the Wireless communications provider’s stock worth $924,380,000 after buying an additional 1,266,808 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Trading Down 10.7%

Shares of NASDAQ:TMUS opened at $170.42 on Friday. The firm has a market cap of $184.43 billion, a price-to-earnings ratio of 18.13, a PEG ratio of 1.13 and a beta of 0.33. The company’s fifty day simple moving average is $184.63 and its 200 day simple moving average is $195.77. T-Mobile US, Inc. has a 12 month low of $165.66 and a 12 month high of $261.56. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 EPS for the quarter, topping the consensus estimate of $2.59 by $0.40. The business had revenue of $22.79 billion during the quarter, compared to analysts’ expectations of $22.95 billion. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The firm’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.84 earnings per share. As a group, research analysts forecast that T-Mobile US, Inc. will post 10.53 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 28th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, August 28th. T-Mobile US’s payout ratio is currently 43.40%.

Analysts Set New Price Targets

Several brokerages recently commented on TMUS. The Goldman Sachs Group reissued a “buy” rating on shares of T-Mobile US in a research note on Wednesday, April 29th. JPMorgan Chase & Co. reissued a “buy” rating on shares of T-Mobile US in a research report on Tuesday, May 19th. Wall Street Zen upgraded T-Mobile US from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Scotiabank cut their price target on shares of T-Mobile US from $263.00 to $243.00 and set a “sector outperform” rating for the company in a research note on Wednesday, July 15th. Finally, Morgan Stanley reduced their target price on shares of T-Mobile US from $260.00 to $230.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $254.56.

Insider Buying and Selling at T-Mobile US

In other news, insider Michael J. Katz sold 5,000 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the transaction, the insider owned 181,930 shares in the company, valued at approximately $35,623,713.30. This trade represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Andre Almeida bought 5,097 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were purchased at an average cost of $196.18 per share, with a total value of $999,929.46. Following the acquisition, the insider directly owned 44,850 shares of the company’s stock, valued at approximately $8,798,673. This represents a 12.82% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 0.32% of the company’s stock.

Key T-Mobile US News

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

• Positive Sentiment: T-Mobile beat second-quarter profit expectations, with adjusted EPS topping estimates and year-over-year earnings growth supported by strong postpaid customer additions and higher service revenue. Reuters article
• Positive Sentiment: The company raised its annual adjusted free cash flow forecast, helped by customers migrating to higher-priced premium plans and stronger cash generation. Yahoo Finance article
• Positive Sentiment: Service revenue and postpaid account growth remained strong, underscoring T-Mobile’s ability to monetize its customer base and sustain industry-leading wireless growth. Business Wire article
• Neutral Sentiment: Management and coverage from several outlets suggest the market is focusing more on the revenue miss and slower subscriber growth than on the earnings beat, which is pressuring the stock despite solid fundamentals. Bloomberg article
• Negative Sentiment: Quarterly revenue came in slightly below expectations, and investors appear concerned that subscriber gains are slowing, which is overshadowing the stronger profit and cash flow outlook. Barrons article

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.