PBU The Pension Fund of Early Childhood & Youth Educators purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund purchased 11,984 shares of the Wireless communications provider’s stock, valued at approximately $2,433,000.
A number of other large investors also recently made changes to their positions in TMUS. Norges Bank bought a new position in shares of T-Mobile US during the fourth quarter valued at about $1,335,918,000. Wellington Management Group LLP increased its holdings in T-Mobile US by 47.5% during the third quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock worth $3,222,454,000 after buying an additional 4,335,368 shares during the last quarter. Viking Global Investors LP increased its holdings in T-Mobile US by 81.7% during the second quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock worth $677,925,000 after buying an additional 1,279,422 shares during the last quarter. Amundi increased its holdings in T-Mobile US by 44.6% during the third quarter. Amundi now owns 4,109,084 shares of the Wireless communications provider’s stock worth $924,380,000 after buying an additional 1,266,808 shares during the last quarter. Finally, State Street Corp raised its position in T-Mobile US by 4.7% in the third quarter. State Street Corp now owns 24,234,085 shares of the Wireless communications provider’s stock worth $5,801,155,000 after acquiring an additional 1,092,769 shares during the period. 42.49% of the stock is owned by institutional investors.
Trending Headlines about T-Mobile US
Here are the key news stories impacting T-Mobile US this week:
- Positive Sentiment: T-Mobile introduced Dynamic CX, an AI-powered network optimization capability designed to automatically adapt in real time during high-demand events like concerts and sports matches, reinforcing its reputation for network quality and customer experience. T-Mobile Introduces Dynamic CX, AI-Powered Technology Designed to Help Keep Customers Connected During Summer’s Biggest Live Events
- Positive Sentiment: The company opened a global technology center in Hyderabad, India, with reports indicating plans to hire nearly 1,000 employees by 2027, suggesting continued investment in technology talent and global scale. T-Mobile opens India tech centre, to hire nearly 1,000 by 2027
- Positive Sentiment: T-Mobile also announced it will be an official sponsor of America250, a high-visibility branding partnership tied to the U.S. semiquincentennial celebration, which could support marketing reach and brand goodwill. T-Mobile Partners with America250 to Commemorate the Nation’s 250th Anniversary
- Neutral Sentiment: MarketWatch noted that TMUS outperformed peers despite broader losses, indicating relative strength, though the article did not point to a major new fundamental catalyst.
T-Mobile US Price Performance
T-Mobile US (NASDAQ:TMUS – Get Free Report) last posted its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.26. The firm had revenue of $23.11 billion during the quarter, compared to the consensus estimate of $22.98 billion. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The company’s revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the company earned $2.58 earnings per share. Equities analysts expect that T-Mobile US, Inc. will post 10.65 EPS for the current year.
T-Mobile US Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 29th will be paid a $1.02 dividend. The ex-dividend date is Friday, May 29th. This represents a $4.08 annualized dividend and a dividend yield of 2.3%. T-Mobile US’s dividend payout ratio (DPR) is presently 43.40%.
Analysts Set New Price Targets
TMUS has been the topic of several research reports. Scotiabank lowered 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. Moffett Nathanson raised shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price objective on the stock in a research report on Wednesday, April 8th. Royal Bank Of Canada lowered their price objective on shares of T-Mobile US from $255.00 to $240.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. Morgan Stanley initiated coverage on shares of T-Mobile US in a research report on Thursday, April 16th. They issued an “overweight” rating and a $260.00 price objective on the stock. Finally, Barclays reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and an average target price of $260.48.
Check Out Our Latest Analysis on TMUS
Insider Transactions at T-Mobile US
In other news, COO Jon Freier sold 4,799 shares of T-Mobile US stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $190.00, for a total value of $911,810.00. Following the completion of the transaction, the chief operating officer owned 217,168 shares in the company, valued at $41,261,920. This trade represents a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael J. Katz sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $195.81, for a total transaction of $979,050.00. Following the transaction, the insider directly owned 181,930 shares of the company’s stock, valued at approximately $35,623,713.30. This represents a 2.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.32% of the company’s stock.
About T-Mobile US
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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