Teachers Retirement System of The State of Kentucky Has $24.17 Million Position in T-Mobile US, Inc. $TMUS

Teachers Retirement System of The State of Kentucky decreased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 7.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 115,075 shares of the Wireless communications provider’s stock after selling 9,823 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in T-Mobile US were worth $24,169,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Lansforsakringar Fondforvaltning AB publ raised its stake in T-Mobile US by 14.6% in the 1st quarter. Lansforsakringar Fondforvaltning AB publ now owns 187,373 shares of the Wireless communications provider’s stock worth $39,354,000 after purchasing an additional 23,836 shares in the last quarter. Quilter Plc grew its position in shares of T-Mobile US by 7.8% during the 4th quarter. Quilter Plc now owns 465,838 shares of the Wireless communications provider’s stock worth $94,584,000 after purchasing an additional 33,813 shares in the last quarter. Thrivent Financial for Lutherans grew its position in shares of T-Mobile US by 16.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 98,469 shares of the Wireless communications provider’s stock worth $20,010,000 after purchasing an additional 14,110 shares in the last quarter. Los Angeles Capital Management LLC increased its holdings in shares of T-Mobile US by 32.7% during the fourth quarter. Los Angeles Capital Management LLC now owns 296,083 shares of the Wireless communications provider’s stock worth $62,370,000 after purchasing an additional 72,922 shares during the period. Finally, CSM Advisors LLC increased its holdings in shares of T-Mobile US by 62.3% during the third quarter. CSM Advisors LLC now owns 123,378 shares of the Wireless communications provider’s stock worth $29,533,000 after purchasing an additional 47,356 shares during the period. 42.49% of the stock is owned by institutional investors.

Key T-Mobile US News

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

• Positive Sentiment: Morgan Stanley kept an Overweight rating on T-Mobile, even after trimming its price target, reinforcing the view that the stock remains a Wall Street favorite. Morgan Stanley Keeps Overweight Rating on T-Mobile (TMUS)
• Positive Sentiment: T-Mobile announced a leadership expansion, naming wireless veteran Chris Sambar as Chief Enterprise Officer to help accelerate growth in new areas such as AI and 6G, which could support longer-term expansion. T-Mobile (TMUS) Appoints Chris Sambar as Chief Enterprise Officer
• Positive Sentiment: Several recent pieces argue T-Mobile remains attractive relative to its growth, citing strong revenue growth, margins, and a low forward PEG ratio, while share buybacks and debt reduction could continue to support the stock. T-Mobile US: Cheap Relative To Growth
• Neutral Sentiment: Wells Fargo initiated analyst coverage on T-Mobile, adding to the stock’s visibility, though the article excerpt did not provide a clear rating or price target change. T-Mobile US (NASDAQ:TMUS) Now Covered by Analysts at Wells Fargo & Company
• Neutral Sentiment: Short-interest data showed no meaningful shares outstanding in the latest report, so the update does not appear to signal a material change in trading pressure.
• Negative Sentiment: Some investor attention remains focused on competitive risks, especially concerns that SpaceX’s Starlink could pressure wireless carriers over time. Top wireless stock remains Wall Street favorite amid space risk
• Negative Sentiment: T-Mobile also faced criticism over a new customer-support restriction in its T-Life app, which could frustrate users and add to near-term sentiment pressure. T-Mobile faces backlash over new customer support restriction

Insider Activity

In other T-Mobile US news, insider Andre Almeida purchased 5,097 shares of the stock in a transaction dated Friday, May 1st. The stock was bought at an average price of $196.18 per share, with a total value of $999,929.46. Following the acquisition, the insider owned 44,850 shares of the company’s stock, valued at approximately $8,798,673. This represents a 12.82% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Jon Freier sold 4,799 shares of the company’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 sale, the chief operating officer owned 217,168 shares of the company’s stock, valued at approximately $41,261,920. This represents a 2.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.32% of the company’s stock.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $187.61 on Monday. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.58. The firm has a market capitalization of $203.03 billion, a price-to-earnings ratio of 19.96, a P/E/G ratio of 1.11 and a beta of 0.33. The firm’s 50 day simple moving average is $185.37 and its 200 day simple moving average is $196.56. 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 announced its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, beating the consensus estimate of $2.01 by $0.26. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The business had revenue of $23.11 billion during the quarter, compared to the consensus estimate of $22.98 billion. During the same period in the previous year, the business earned $2.58 earnings per share. The company’s revenue was up 10.6% on a year-over-year basis. As a group, research analysts expect that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be paid a $1.02 dividend. The ex-dividend date is Friday, August 28th. This represents a $4.08 annualized dividend and a dividend yield of 2.2%. T-Mobile US’s dividend payout ratio (DPR) is presently 43.40%.

Analyst Upgrades and Downgrades

TMUS has been the subject of several recent research reports. The Goldman Sachs Group reiterated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, April 29th. Scotiabank lowered their price objective on T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, April 29th. Morgan Stanley dropped their price objective on T-Mobile US from $260.00 to $230.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. Moffett Nathanson upgraded T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 target price for the company in a research report on Wednesday, April 8th. Finally, Citigroup increased their target price on T-Mobile US from $220.00 to $225.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. 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. Based on data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and an average price target of $255.76.

T-Mobile US Company Profile

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.