Vise Technologies Inc. Sells 7,279 Shares of T-Mobile US, Inc. $TMUS

Vise Technologies Inc. reduced its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 18.2% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,794 shares of the Wireless communications provider’s stock after selling 7,279 shares during the quarter. Vise Technologies Inc.’s holdings in T-Mobile US were worth $5,348,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Cidel Asset Management Inc. increased its holdings in shares of T-Mobile US by 20.4% in the 3rd quarter. Cidel Asset Management Inc. now owns 4,667 shares of the Wireless communications provider’s stock worth $761,000 after buying an additional 792 shares during the last quarter. Summit Global Investments raised its position in shares of T-Mobile US by 24.4% during the 3rd quarter. Summit Global Investments now owns 5,865 shares of the Wireless communications provider’s stock valued at $956,000 after buying an additional 1,150 shares in the last quarter. MGO One Seven LLC lifted its holdings in shares of T-Mobile US by 10.5% during the 3rd quarter. MGO One Seven LLC now owns 6,475 shares of the Wireless communications provider’s stock worth $1,056,000 after acquiring an additional 614 shares during the last quarter. Aprio Wealth Management LLC lifted its holdings in shares of T-Mobile US by 196.8% during the 3rd quarter. Aprio Wealth Management LLC now owns 5,007 shares of the Wireless communications provider’s stock worth $817,000 after acquiring an additional 3,320 shares during the last quarter. Finally, Avestar Capital LLC grew its position in T-Mobile US by 26.5% in the third quarter. Avestar Capital LLC now owns 5,338 shares of the Wireless communications provider’s stock worth $871,000 after acquiring an additional 1,119 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US News Roundup

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: A recent analysis highlighted T-Mobile’s earnings growth, revenue beat, raised guidance, share repurchases and dividend increase, arguing the company’s fundamentals and valuation remain attractive despite slower postpaid subscriber additions. Article: T-Mobile: Headwinds Continue To Overshadow Strong Growth And The 3 Percent Yield
• Positive Sentiment: T-Mobile reported substantial cybersecurity improvements, including sharp reductions in successful SIM-swap attacks and phishing-related credential compromises. Better security could help protect customer trust and reduce operational risk. Article: T-Mobile Opens Up on Its Cybersecurity Transformation in New Report
• Neutral Sentiment: The company is launching holiday device discounts and promotions across its brands, including phone and home-internet offers. These may support customer acquisition, though discounting could also pressure margins. Article: T-Mobile Brings More to the Holiday Mix
• Negative Sentiment: Bloomberg reported that Deutsche Telekom’s plans to combine with its U.S. arm have hit a snag, casting doubt on a major potential transaction. The uncertainty may weigh on expectations for a deal-related catalyst. Article: Deutsche Telekom Said to Hit Brakes on T-Mobile Merger
• Negative Sentiment: Reports that SpaceX may acquire or integrate with Boost Mobile raise the prospect of a new satellite-and-cellular competitor. Boost’s reliance on network leases, including from T-Mobile, creates execution hurdles, but the possibility is adding competitive pressure to telecom shares. Article: SpaceX Starlink’s Telecom Ground Game Takes Shape

T-Mobile US Trading Down 3.6%

Shares of TMUS opened at $154.41 on Wednesday. T-Mobile US, Inc. has a fifty-two week low of $143.75 and a fifty-two week high of $224.75. The firm has a market cap of $163.56 billion, a price-to-earnings ratio of 14.90, a PEG ratio of 0.93 and a beta of 0.40. The firm has a 50 day moving average price of $166.10 and a 200-day moving average price of $186.58. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.91.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, October 28th. The Wireless communications provider reported $3.22 EPS for the quarter, beating the consensus estimate of $2.89 by $0.33. The company had revenue of $23.58 billion for the quarter, compared to analyst estimates of $23.15 billion. T-Mobile US had a net margin of 12.05% and a return on equity of 21.47%. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the firm earned $2.41 EPS. As a group, equities research analysts forecast that T-Mobile US, Inc. will post 11.44 earnings per share for the current year.

T-Mobile US Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 25th will be paid a dividend of $1.17 per share. This represents a $4.68 dividend on an annualized basis and a dividend yield of 3.0%. This is an increase from T-Mobile US’s previous quarterly dividend of $1.02. The ex-dividend date of this dividend is Wednesday, November 25th. T-Mobile US’s payout ratio is 39.38%.

Insider Activity

In other news, CAO Daniel James Drobac sold 772 shares of T-Mobile US stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $178.33, for a total value of $137,670.76. Following the transaction, the chief accounting officer owned 35,118 shares in the company, valued at approximately $6,262,592.94. The trade was a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.32% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on TMUS shares. Morgan Stanley reduced their target price on T-Mobile US from $260.00 to $230.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 7th. Wells Fargo & Company dropped their price target on T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating for the company in a research note on Friday, July 24th. UBS Group cut their price objective on T-Mobile US from $255.00 to $235.00 and set a “buy” rating for the company in a report on Friday, July 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of T-Mobile US in a report on Friday, September 11th. Finally, Wolfe Research lowered T-Mobile US from an “outperform” rating to a “peer perform” rating in a research report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus target price of $238.25.

About T-Mobile US

T-Mobile US, Inc (NASDAQ: TMUS) is a wireless communications company that provides mobile voice, messaging and data services to consumers, businesses and government customers in the United States, Puerto Rico and the U.S. Virgin Islands. Its offerings include postpaid and prepaid wireless plans, connected devices, broadband internet and other communications services.

The company operates a nationwide wireless network, including 5G services, and sells smartphones, tablets, connected devices and related accessories through retail stores, online channels and third-party distributors.