Lombard Odier Asset Management Switzerland SA lifted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 20.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,065 shares of the Wireless communications provider’s stock after purchasing an additional 4,200 shares during the quarter. Lombard Odier Asset Management Switzerland SA’s holdings in T-Mobile US were worth $5,089,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quilter Plc lifted its position in T-Mobile US by 7.8% in the 4th quarter. Quilter Plc now owns 465,838 shares of the Wireless communications provider’s stock valued at $94,584,000 after acquiring an additional 33,813 shares in the last quarter. CI Investments Inc. lifted its position in T-Mobile US by 37.8% in the 3rd quarter. CI Investments Inc. now owns 77,630 shares of the Wireless communications provider’s stock valued at $18,583,000 after acquiring an additional 21,307 shares in the last quarter. Swiss National Bank lifted its position in T-Mobile US by 4.6% in the 3rd quarter. Swiss National Bank now owns 1,472,902 shares of the Wireless communications provider’s stock valued at $352,583,000 after acquiring an additional 65,400 shares in the last quarter. Xponance Inc. lifted its position in T-Mobile US by 17.7% in the 3rd quarter. Xponance Inc. now owns 80,749 shares of the Wireless communications provider’s stock valued at $19,330,000 after acquiring an additional 12,143 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in T-Mobile US by 16.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 98,469 shares of the Wireless communications provider’s stock valued at $20,010,000 after acquiring an additional 14,110 shares in the last quarter. 42.49% of the stock is owned by institutional investors.
T-Mobile US Trading Down 2.4%
Shares of NASDAQ:TMUS opened at $184.36 on Wednesday. The company’s 50-day moving average price is $190.41 and its two-hundred day moving average price is $199.36. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. T-Mobile US, Inc. has a one year low of $174.02 and a one year high of $261.56. The stock has a market capitalization of $199.52 billion, a PE ratio of 19.61, a price-to-earnings-growth ratio of 1.10 and a beta of 0.31.
T-Mobile US Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be paid a dividend of $1.02 per share. The ex-dividend date is Friday, August 28th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.2%. T-Mobile US’s dividend payout ratio is currently 43.40%.
Key T-Mobile US News
Here are the key news stories impacting T-Mobile US this week:
- Positive Sentiment: T-Mobile declared a quarterly cash dividend of $1.02 per share, payable on September 10 to shareholders of record on August 28, which may appeal to income-focused investors. T-Mobile Declares Quarterly Cash Dividend
- Positive Sentiment: T-Mobile is drawing attention for growth-oriented initiatives, including its AI-powered Dynamic CX network optimization tool and expansion of its global innovation hub, which could support long-term network efficiency and competitiveness. T-Mobile Bets On AI And Global Talent As Valuation Discount Persists
- Neutral Sentiment: The stock is also being highlighted by Zacks as a top-ranked growth name, reinforcing a positive fundamental backdrop but without a specific near-term catalyst. T-Mobile (TMUS) is a Top-Ranked Growth Stock: Should You Buy?
- Negative Sentiment: Reports that T-Mobile is warning customers about another price increase, including a service that may double in price, could weigh on sentiment because it raises churn and customer-retention concerns. T-Mobile warns customers that a key service will double in price
- Negative Sentiment: Senator Cruz’s scrutiny of Grain Management’s planned T-Mobile spectrum purchase adds regulatory uncertainty around a previously announced asset sale. Senator Cruz urges regulator to impose conditions on T-Mobile spectrum sale
Wall Street Analyst Weigh In
Several research firms recently commented on TMUS. Scotiabank cut their price objective on shares of T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, April 29th. The Goldman Sachs Group restated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, April 29th. KeyCorp upgraded T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 target price on the stock in a research note on Monday, April 13th. TD Cowen boosted their target price on T-Mobile US from $252.00 to $261.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Daiwa Securities Group upgraded T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 target price on the stock in a research note on Thursday, February 19th. One equities 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’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.48.
View Our Latest Report on T-Mobile US
Insider Transactions at T-Mobile US
In other news, insider Michael J. Katz sold 5,000 shares of the company’s 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 sale, the insider owned 181,930 shares in the company, valued at $35,623,713.30. This represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, COO Jon Freier sold 4,799 shares of the company’s stock in a transaction dated 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 directly owned 217,168 shares in the company, valued at approximately $41,261,920. The trade was a 2.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.32% of the company’s stock.
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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