Gateway Wealth Partners LLC Has $998,000 Stake in T-Mobile US, Inc. $TMUS

Gateway Wealth Partners LLC boosted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 176.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,751 shares of the Wireless communications provider’s stock after purchasing an additional 3,035 shares during the period. Gateway Wealth Partners LLC’s holdings in T-Mobile US were worth $998,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in TMUS. Main Street Group LTD acquired a new stake in shares of T-Mobile US in the first quarter worth $25,000. JDM Financial Group LLC grew its holdings in shares of 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 valued at $25,000 after buying an additional 65 shares in the last quarter. Swiss RE Ltd. acquired a new position in T-Mobile US during the fourth quarter valued at $29,000. Turning Point Benefit Group Inc. raised its position in T-Mobile US by 3,825.0% during the fourth quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after buying an additional 153 shares during the period. Finally, Sachetta LLC lifted its stake in T-Mobile US by 52.9% in the 1st quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock worth $33,000 after acquiring an additional 55 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Morgan Stanley decreased their price objective on 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. KeyCorp reduced their price target on shares of T-Mobile US from $260.00 to $250.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Moffett Nathanson upgraded shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price target for the company in a report on Wednesday, April 8th. TD Cowen lowered their price objective on shares of T-Mobile US from $261.00 to $260.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Finally, Benchmark dropped their price objective on shares of T-Mobile US from $295.00 to $280.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $252.08.

T-Mobile US News Roundup

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

• Positive Sentiment: T-Mobile’s latest quarterly results exceeded expectations, with earnings per share of $2.99 versus the $2.59 consensus estimate and revenue increasing 7.9% year over year. The earnings beat helped support a rebound after an initial selloff. T-Mobile Fell 11% on an Earnings Beat, Then Rebounded 6% the Next Day
• Positive Sentiment: Management is continuing to reduce costly free-phone promotions, while early signs suggest postpaid phone churn may be improving. Lower promotional spending could support margins and customer economics if retention remains stable. T-Mobile CEO Doubles Down on Reducing Free Offers
• Neutral Sentiment: The U.S. wireless market continues shifting toward 5G and customer experience as key competitive factors. T-Mobile’s customer-service reputation is a potential advantage, but the articles caution that current experience metrics do not necessarily guarantee future subscriber growth. Can T-Mobile and Verizon Win on Customer Experience?
• Negative Sentiment: A nationwide service outage affected T-Mobile customers and partners using its network, with tens of thousands of users reporting disruptions. The incident raises concerns about network reliability, customer satisfaction and potential churn. T-Mobile Faces Nationwide Outage
• Negative Sentiment: Investors are also concerned that SpaceX could become a more significant wireless competitor as Starlink expands and SpaceX explores acquisitions and additional spectrum. That prospect could increase competitive pressure on T-Mobile, Verizon and AT&T. T, VZ, TMUS Stocks Are Sliding Today — Is There a SpaceX Connection?
• Negative Sentiment: Fund commentary and market analyses have flagged emerging network-competition risks and weaker momentum for TMUS relative to other sectors and telecom alternatives, adding to the stock’s near-term pressure. T-Mobile US Lagged on Emerging Network Competition Concerns

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, insider Michael J. Katz sold 5,000 shares of T-Mobile US stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $195.81, for a total value of $979,050.00. Following the completion of the sale, the insider directly owned 181,930 shares in the company, valued at $35,623,713.30. The trade was a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Andre Almeida purchased 5,097 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were acquired at an average price of $196.18 per share, for a total transaction of $999,929.46. Following the purchase, the insider owned 44,850 shares in the company, valued at $8,798,673. The trade was a 12.82% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.32% of the company’s stock.

T-Mobile US Stock Performance

Shares of NASDAQ TMUS opened at $181.52 on Thursday. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.92 and a quick ratio of 0.83. T-Mobile US, Inc. has a one year low of $165.66 and a one year high of $261.56. The business’s 50-day moving average price is $183.87 and its two-hundred day moving average price is $195.25. The company has a market capitalization of $194.71 billion, a P/E ratio of 19.01, a price-to-earnings-growth ratio of 1.03 and a beta of 0.33.

T-Mobile US (NASDAQ:TMUS) last posted 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. The company had revenue of $22.79 billion during the quarter, compared to the consensus estimate of $22.95 billion. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%.The business’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period last year, the business earned $2.84 EPS. Analysts anticipate that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 28th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, August 28th. T-Mobile US’s dividend payout ratio (DPR) is presently 42.72%.

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.