Harvest Fund Management Co. Ltd lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 20.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 83,515 shares of the Wireless communications provider’s stock after buying an additional 14,376 shares during the period. Harvest Fund Management Co. Ltd’s holdings in T-Mobile US were worth $16,949,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of the business. J.W. Cole Advisors Inc. raised its holdings in shares of T-Mobile US by 1.6% during the 4th quarter. J.W. Cole Advisors Inc. now owns 5,535 shares of the Wireless communications provider’s stock worth $1,124,000 after buying an additional 85 shares in the last quarter. Convergence Financial LLC raised its holdings in shares of T-Mobile US by 3.0% during the 4th quarter. Convergence Financial LLC now owns 2,144 shares of the Wireless communications provider’s stock worth $435,000 after buying an additional 63 shares in the last quarter. Vise Technologies Inc. raised its holdings in shares of T-Mobile US by 52.4% during the 4th quarter. Vise Technologies Inc. now owns 35,773 shares of the Wireless communications provider’s stock worth $7,263,000 after buying an additional 12,301 shares in the last quarter. Cibc World Market Inc. raised its holdings in shares of T-Mobile US by 95.6% during the 4th quarter. Cibc World Market Inc. now owns 155,845 shares of the Wireless communications provider’s stock worth $31,643,000 after buying an additional 76,178 shares in the last quarter. Finally, Transatlantique Private Wealth LLC raised its holdings in shares of T-Mobile US by 8.2% during the 4th quarter. Transatlantique Private Wealth LLC now owns 17,650 shares of the Wireless communications provider’s stock worth $3,549,000 after buying an additional 1,331 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.
More 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
Insider Buying and Selling at T-Mobile US
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the company. Benchmark reissued a “buy” rating on shares of T-Mobile US in a report on Thursday, February 12th. UBS Group reaffirmed a “buy” rating on shares of T-Mobile US in a report on Wednesday, April 29th. Scotiabank lowered their target price on T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating for the company in a report on Wednesday, April 29th. Wall Street Zen raised T-Mobile US from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Oppenheimer raised T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 target price for the company in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average price target of $260.48.
Check Out Our Latest Report on T-Mobile US
T-Mobile US Price Performance
Shares of TMUS opened at $177.02 on Friday. T-Mobile US, Inc. has a 12-month low of $174.02 and a 12-month high of $261.56. The business has a 50-day simple moving average of $194.31 and a two-hundred day simple moving average of $200.85. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58. The stock has a market cap of $191.57 billion, a PE ratio of 18.83, a PEG ratio of 1.06 and a beta of 0.31.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last issued its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $23.11 billion during the quarter, compared to analysts’ expectations of $22.98 billion. During the same quarter in the prior year, the firm earned $2.58 EPS. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. 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 business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, May 29th. T-Mobile US’s payout ratio is 43.40%.
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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