Rakuten Investment Management Inc. lifted its stake in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 408.0% during the fourth quarter, Holdings Channel reports. The fund owned 124,723 shares of the Wireless communications provider’s stock after acquiring an additional 100,173 shares during the quarter. Rakuten Investment Management Inc.’s holdings in T-Mobile US were worth $25,337,000 as of its most recent filing with the SEC.
Several other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in T-Mobile US by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 42,797,074 shares of the Wireless communications provider’s stock worth $10,244,764,000 after buying an additional 636,192 shares during the period. State Street Corp increased its position in T-Mobile US by 4.3% in the 4th quarter. State Street Corp now owns 25,281,709 shares of the Wireless communications provider’s stock worth $5,133,198,000 after buying an additional 1,047,624 shares during the period. Capital International Investors increased its position in T-Mobile US by 8.2% in the 4th quarter. Capital International Investors now owns 14,847,697 shares of the Wireless communications provider’s stock worth $3,014,754,000 after buying an additional 1,121,409 shares during the period. Wellington Management Group LLP increased its position in T-Mobile US by 47.5% in the 3rd 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 period. Finally, Invesco Ltd. increased its position in T-Mobile US by 6.1% in the 3rd quarter. Invesco Ltd. now owns 7,903,104 shares of the Wireless communications provider’s stock worth $1,891,845,000 after buying an additional 453,096 shares during the period. 42.49% of the stock is owned by institutional investors.
T-Mobile US Price Performance
Shares of TMUS stock opened at $188.86 on Tuesday. The stock’s fifty day simple moving average is $190.75 and its 200 day simple moving average is $199.51. 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 firm has a market cap of $204.38 billion, a price-to-earnings ratio of 20.09, a P/E/G ratio of 1.10 and a beta of 0.31. T-Mobile US, Inc. has a one year low of $174.02 and a one year high of $261.56.
T-Mobile US Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 28th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $4.08 dividend on an annualized basis and a yield of 2.2%. T-Mobile US’s payout ratio is currently 43.40%.
Wall Street Analysts Forecast Growth
Several brokerages have commented on TMUS. UBS Group reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. Citigroup lifted their price objective on T-Mobile US from $220.00 to $225.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. Scotiabank decreased their price objective on T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating on the stock in a report on Wednesday, April 29th. TD Cowen lifted their price objective on T-Mobile US from $252.00 to $261.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, KeyCorp raised T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 price objective on the stock in a report on Monday, April 13th. One 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. According to MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and an average target price of $260.48.
Read Our Latest Stock Report on T-Mobile US
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 September 10 to shareholders of record on August 28, signaling continued capital returns to investors. T-Mobile Declares Quarterly Cash Dividend
- Positive Sentiment: T-Mobile has also highlighted AI-driven network optimization efforts and expansion of its global innovation hub, which could support longer-term efficiency and service quality. T-Mobile Bets On AI And Global Talent As Valuation Discount Persists
- Neutral Sentiment: Analysts and style-score coverage continue to describe TMUS as a top-ranked growth stock, which may reinforce a favorable long-term view but is not a direct catalyst. T-Mobile (TMUS) is a Top-Ranked Growth Stock: Should You Buy?
- Negative Sentiment: A report said T-Mobile is warning customers that a key service will double in price, adding to recent fee increases and potentially pressuring churn at a time when customer losses are already elevated. T-Mobile warns customers that a key service will double in price
- Negative Sentiment: Senator Cruz raised concerns about Grain Management’s planned purchase of T-Mobile wireless spectrum, increasing the risk of regulatory conditions or delays tied to the transaction. Senator Cruz questions private investment firm plan to acquire T-Mobile wireless spectrum
Insiders Place Their Bets
In other T-Mobile US news, insider Michael J. Katz sold 5,000 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $195.81, for a total value of $979,050.00. Following the transaction, the insider owned 181,930 shares of the company’s stock, valued at approximately $35,623,713.30. The trade was a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Jon Freier sold 4,799 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was 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 directly owned 217,168 shares in the company, valued at approximately $41,261,920. This represents a 2.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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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