T-Mobile US, Inc. $TMUS Shares Purchased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 839,791 shares of the Wireless communications provider’s stock after purchasing an additional 5,223 shares during the period. T-Mobile US accounts for approximately 1.1% of OMERS ADMINISTRATION Corp’s portfolio, making the stock its 19th biggest holding. OMERS ADMINISTRATION Corp owned approximately 0.08% of T-Mobile US worth $176,381,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. JDM Financial Group LLC lifted its stake in shares of T-Mobile US by 114.0% in the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 65 shares in the last quarter. Main Street Group LTD acquired a new position in T-Mobile US during the first quarter worth about $25,000. Swiss RE Ltd. purchased a new stake in T-Mobile US during the 4th quarter valued at about $29,000. Turning Point Benefit Group Inc. grew its stake in T-Mobile US by 3,825.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after acquiring an additional 153 shares in the last quarter. Finally, Sachetta LLC raised its holdings in T-Mobile US by 52.9% in the 1st quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock valued at $33,000 after acquiring an additional 55 shares during the last quarter. Institutional investors and hedge funds 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: T-Mobile beat second-quarter profit expectations, with adjusted EPS of $2.99, helped by strong service revenue and customers moving to higher-priced premium plans.
• Positive Sentiment: The company raised its full-year free cash flow outlook, which is a key bullish signal for investors because it supports dividends, buybacks, and financial flexibility.
• Positive Sentiment: T-Mobile continued its share repurchase program, including a multibillion-dollar buyback tranche, reinforcing management’s confidence in cash generation.
• Positive Sentiment: Several analysts remain constructive even after trimming price targets, with multiple firms still rating the stock Buy or Overweight.

T-Mobile US Stock Performance

T-Mobile US stock opened at $180.09 on Friday. The firm has a 50 day simple moving average of $184.53 and a 200-day simple moving average of $195.66. The stock has a market cap of $194.89 billion, a price-to-earnings ratio of 18.86, a price-to-earnings-growth ratio of 1.06 and a beta of 0.33. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.92 and a quick ratio of 0.97. T-Mobile US, Inc. has a 1-year low of $165.66 and a 1-year high of $261.56.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 EPS for the quarter, beating the consensus estimate of $2.59 by $0.40. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The firm had revenue of $22.79 billion for the quarter, compared to analyst estimates of $22.95 billion. During the same quarter in the previous year, the company earned $2.84 EPS. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. On average, 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, September 10th. Shareholders of record on Friday, August 28th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $4.08 annualized dividend and a yield of 2.3%. T-Mobile US’s dividend payout ratio (DPR) is 42.72%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, COO Jon Freier sold 4,799 shares of T-Mobile US 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 sale, the chief operating officer owned 217,168 shares in the company, valued at $41,261,920. The trade was 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 through 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 stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the sale, the insider owned 181,930 shares in the company, valued at approximately $35,623,713.30. This trade represents a 2.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TMUS. JPMorgan Chase & Co. reissued a “buy” rating on shares of T-Mobile US in a research note on Tuesday, May 19th. Arete Research increased their price target on T-Mobile US from $295.00 to $300.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Freedom Capital upgraded T-Mobile US from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Deutsche Bank Aktiengesellschaft lowered their price objective on T-Mobile US from $300.00 to $285.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada dropped their target price on T-Mobile US from $240.00 to $230.00 and set an “outperform” rating for the company in a report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $252.88.

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.