Wealth Enhancement Trust Services Inc. decreased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 94.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 301 shares of the Wireless communications provider’s stock after selling 5,155 shares during the period. Wealth Enhancement Trust Services Inc.’s holdings in T-Mobile US were worth $49,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of TMUS. Lansforsakringar Fondforvaltning AB publ grew its stake in shares of T-Mobile US by 14.6% in the first quarter. Lansforsakringar Fondforvaltning AB publ now owns 187,373 shares of the Wireless communications provider’s stock valued at $39,354,000 after buying an additional 23,836 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services raised its holdings in shares of T-Mobile US by 34.8% during the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 59,958 shares of the Wireless communications provider’s stock valued at $12,593,000 after buying an additional 15,495 shares during the period. Liontrust Investment Partners LLP lifted its position in T-Mobile US by 46.0% during the 1st quarter. Liontrust Investment Partners LLP now owns 57,402 shares of the Wireless communications provider’s stock worth $12,056,000 after acquiring an additional 18,075 shares in the last quarter. Entropy Technologies LP lifted its position in T-Mobile US by 105.9% during the 4th quarter. Entropy Technologies LP now owns 36,117 shares of the Wireless communications provider’s stock worth $7,333,000 after acquiring an additional 18,573 shares in the last quarter. Finally, Plato Investment Management Ltd purchased a new position in T-Mobile US in the 2nd quarter worth approximately $5,870,000. 42.49% of the stock is owned by institutional investors and hedge funds.
T-Mobile US Price Performance
TMUS stock opened at $148.58 on Friday. The stock’s 50 day moving average is $175.02 and its two-hundred day moving average is $184.33. T-Mobile US, Inc. has a 52-week low of $147.90 and a 52-week high of $231.02. The company has a market capitalization of $159.38 billion, a PE ratio of 15.56, a P/E/G ratio of 1.07 and a beta of 0.33. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 1.48.
T-Mobile US Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 25th will be issued a dividend of $1.17 per share. The ex-dividend date of this dividend is Wednesday, November 25th. This represents a $4.68 annualized dividend and a yield of 3.1%. This is an increase from T-Mobile US’s previous quarterly dividend of $1.02. T-Mobile US’s dividend payout ratio (DPR) is 42.72%.
Key Stories Impacting T-Mobile US
Here are the key news stories impacting T-Mobile US this week:
- Positive Sentiment: Scotiabank lowered its price target modestly to $212 but maintained a “sector outperform” rating, implying substantial potential upside from recent trading levels. Scotiabank price target report
- Positive Sentiment: T-Mobile’s advertising strategy continues to expand, with Vistar Media using the carrier’s first-party data to create enhanced digital-out-of-home audience segments. This could provide a longer-term revenue diversification opportunity, although it has not offset current competitive concerns. T-Mobile advertising data report
- Positive Sentiment: Mint Mobile introduced a promotional six-month price of $10 per month for new customers, potentially supporting customer acquisition and brand visibility. However, the discount may also pressure near-term wireless pricing. Mint Mobile anniversary promotion
- Neutral Sentiment: T-Mobile announced the 40 finalists in its Friday Night 5G Lights community program. The initiative supports brand engagement but is unlikely to materially affect near-term earnings. Friday Night 5G Lights announcement
- Neutral Sentiment: A reported October short-interest entry showed zero shares and a zero days-to-cover ratio, making the data internally inconsistent and not a reliable explanation for the stock’s move.
- Negative Sentiment: SpaceX agreed to acquire nationwide low-band mobile spectrum from Grain Management, advancing its goal of becoming a major U.S. mobile carrier through Starlink. Investors fear the deal could give SpaceX stronger network capabilities and increase pressure on T-Mobile, AT&T and Verizon. SpaceX spectrum acquisition report
- Negative Sentiment: Reports that T-Mobile has changed how it presents Starlink-related services have raised concerns about turbulence in the companies’ partnership, adding to uncertainty around T-Mobile’s satellite-connectivity strategy. T-Mobile Starlink partnership report
Insider Activity
In other news, CAO Daniel James Drobac sold 772 shares of the stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $178.33, for a total transaction of $137,670.76. Following the transaction, the chief accounting officer owned 35,118 shares of the company’s stock, valued at approximately $6,262,592.94. This trade represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.32% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on TMUS. Benchmark lowered their price objective on shares of T-Mobile US from $295.00 to $280.00 and set a “buy” rating for the company in a research report on Friday, July 24th. The Goldman Sachs Group decreased their target price on shares of T-Mobile US from $230.00 to $211.00 and set a “buy” rating for the company in a research note on Friday, September 25th. TD Cowen lowered their price target on shares of T-Mobile US from $261.00 to $260.00 and set a “buy” rating for the company in a report on Friday, July 24th. Royal Bank Of Canada dropped their price target on shares of T-Mobile US from $240.00 to $230.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Finally, Bank of America upgraded shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $220.00 price objective on the stock in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $247.64.
View Our Latest Research Report on T-Mobile US
T-Mobile US Company Profile
T-Mobile US, Inc is a wireless communications company that provides mobile voice, messaging, and data services to consumers, businesses, and government customers in the United States. Its offerings include wireless plans, smartphones, connected devices, accessories, and related services, supported by a nationwide cellular network.
The company also provides fixed wireless broadband and other internet services for households, as well as wireless connectivity, networking, and communications solutions for businesses and public-sector organizations.
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