Los Angeles Capital Management LLC raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 32.7% during the 4th quarter, Holdings Channel reports. The firm owned 296,083 shares of the Wireless communications provider’s stock after buying an additional 72,922 shares during the quarter. Los Angeles Capital Management LLC’s holdings in T-Mobile US were worth $62,370,000 as of its most recent filing with the SEC.
Several other large investors have also added to or reduced their stakes in the company. Sei Investments Co. boosted its stake in shares of T-Mobile US by 6.3% in the second quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock worth $33,972,000 after buying an additional 8,491 shares during the last quarter. Diversify Advisory Services LLC boosted its stake in shares of T-Mobile US by 315.7% in the second quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock worth $1,147,000 after buying an additional 3,454 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of T-Mobile US in the second quarter worth about $375,000. Raymond James Financial Inc. boosted its stake in shares of T-Mobile US by 0.5% in the second quarter. Raymond James Financial Inc. now owns 2,054,144 shares of the Wireless communications provider’s stock worth $489,420,000 after buying an additional 9,568 shares during the last quarter. Finally, Viking Global Investors LP boosted its stake in shares of T-Mobile US by 81.7% in 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. Hedge funds and other institutional investors own 42.49% of the company’s stock.
Insider Buying and Selling at T-Mobile US
In other news, insider Andre Almeida bought 5,097 shares of T-Mobile US stock in a transaction on Friday, May 1st. The stock was acquired at an average price of $196.18 per share, with a total value of $999,929.46. Following the completion of the acquisition, the insider directly owned 44,850 shares of the company’s stock, valued at $8,798,673. The trade was a 12.82% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, COO Jon Freier sold 4,799 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $190.00, for a total value of $911,810.00. Following the transaction, the chief operating officer directly owned 217,168 shares of the company’s stock, valued at $41,261,920. The trade was a 2.16% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.32% of the company’s stock.
T-Mobile US Price Performance
T-Mobile US (NASDAQ:TMUS – Get Free Report) last announced its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The business had revenue of $23.11 billion during the quarter, compared to analysts’ expectations of $22.98 billion. During the same quarter in the prior year, the firm earned $2.58 earnings per share. The business’s revenue was up 10.6% compared to the same quarter last year. As a group, analysts predict that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.
T-Mobile US Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.3%. T-Mobile US’s dividend payout ratio is presently 43.40%.
Analyst Ratings Changes
TMUS has been the topic of a number of recent research reports. The Goldman Sachs Group restated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, April 29th. Citigroup upped their target price on T-Mobile US from $220.00 to $225.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 17th. Benchmark restated a “buy” rating on shares of T-Mobile US in a research note on Thursday, February 12th. Morgan Stanley initiated coverage on T-Mobile US in a research note on Thursday, April 16th. They issued an “overweight” rating and a $260.00 target price on the stock. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of T-Mobile US in a research note on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $260.48.
Check Out Our Latest Stock Analysis on TMUS
Key Stories Impacting 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 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.
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