Cibc World Market Inc. boosted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 95.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 155,845 shares of the Wireless communications provider’s stock after purchasing an additional 76,178 shares during the quarter. Cibc World Market Inc.’s holdings in T-Mobile US were worth $31,643,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JDM Financial Group LLC grew 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 period. Turning Point Benefit Group Inc. raised its stake in shares of T-Mobile US by 3,825.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after acquiring an additional 153 shares during the period. United Community Bank lifted its holdings 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 in the last quarter. Ares Financial Consulting LLC acquired a new position in shares of T-Mobile US during the 4th quarter valued at $38,000. Finally, WHI TRUST Co LLC purchased a new stake in T-Mobile US during the 4th quarter worth $41,000. 42.49% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts recently issued reports on TMUS shares. Barclays reiterated a “buy” rating on shares of T-Mobile US in a report on Friday, April 24th. Wall Street Zen raised T-Mobile US from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Deutsche Bank Aktiengesellschaft lowered their target price on T-Mobile US from $300.00 to $285.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. TD Cowen raised their target price on T-Mobile US from $252.00 to $261.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Oppenheimer raised T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 price target on the stock in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $260.48.
T-Mobile US Stock Performance
Shares of TMUS stock opened at $177.02 on Friday. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. The company’s fifty day moving average price is $194.31 and its two-hundred day moving average price is $200.85. The firm has a market capitalization of $191.57 billion, a P/E ratio of 18.83, a P/E/G ratio of 1.06 and a beta of 0.31. T-Mobile US, Inc. has a 12 month low of $174.02 and a 12 month high of $261.56.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last announced its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.01 by $0.26. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The company had revenue of $23.11 billion during the quarter, compared to the consensus estimate of $22.98 billion. During the same period last year, the firm earned $2.58 earnings per share. The company’s revenue was up 10.6% on a year-over-year basis. On average, research analysts anticipate that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.
T-Mobile US Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, May 29th. T-Mobile US’s dividend payout ratio (DPR) is 43.40%.
Insiders Place Their Bets
In other news, COO Jon Freier sold 4,799 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $190.00, for a total transaction of $911,810.00. Following the completion of the sale, the chief operating officer owned 217,168 shares of the company’s stock, valued at approximately $41,261,920. This trade represents a 2.16% 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 hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael J. Katz sold 5,000 shares of T-Mobile US stock in a transaction 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 completion of the sale, the insider owned 181,930 shares of the company’s stock, valued at approximately $35,623,713.30. This trade represents a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.32% of the stock is owned by company insiders.
Key T-Mobile US News
Here are the key news stories impacting T-Mobile US this week:
- Positive Sentiment: T-Mobile opened a global technology center in Hyderabad, India, and plans to hire nearly 1,000 employees by 2027, signaling an expanded international engineering and operations footprint. Reuters: T-Mobile opens India tech centre, to hire nearly 1,000 by 2027
- Positive Sentiment: The company launched “Dynamic CX,” an AI-powered network optimization tool designed to help customers stay connected during high-traffic live events, reinforcing its technology and network leadership narrative. Yahoo Finance: T-Mobile Introduces Dynamic CX
- Positive Sentiment: T-Mobile also announced it will sponsor America250, adding a high-profile brand and community initiative tied to the nation’s 250th anniversary celebration. Yahoo Finance: T-Mobile Partners with America250
- Neutral Sentiment: Brokerage coverage continues to show a “Moderate Buy” consensus, which supports a generally favorable longer-term outlook but is not a new catalyst. American Banking News: Consensus rating of Moderate Buy
- Neutral Sentiment: Recent conference remarks and media mentions around former CEO Mike Sievert and T-Mobile’s strategy add visibility, but they do not appear to change the investment thesis materially. Seeking Alpha: Evercore Global TMT Conference Transcript
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.
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