Prudential PLC cut its position in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 15.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,425 shares of the Wireless communications provider’s stock after selling 4,317 shares during the period. Prudential PLC’s holdings in T-Mobile US were worth $4,756,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in the company. CYBER HORNET ETFs LLC grew its stake in shares of T-Mobile US by 3.8% in the 3rd quarter. CYBER HORNET ETFs LLC now owns 1,319 shares of the Wireless communications provider’s stock valued at $316,000 after buying an additional 48 shares during the period. Appleton Partners Inc. MA grew its stake in shares of T-Mobile US by 5.3% in the 3rd quarter. Appleton Partners Inc. MA now owns 971 shares of the Wireless communications provider’s stock valued at $232,000 after buying an additional 49 shares during the period. MJP Associates Inc. ADV grew its stake in shares of T-Mobile US by 2.7% in the 3rd quarter. MJP Associates Inc. ADV now owns 1,886 shares of the Wireless communications provider’s stock valued at $452,000 after buying an additional 49 shares during the period. Tevis Investment Management grew its stake in shares of T-Mobile US by 3.0% in the 3rd quarter. Tevis Investment Management now owns 1,688 shares of the Wireless communications provider’s stock valued at $404,000 after buying an additional 49 shares during the period. Finally, Meiji Yasuda Life Insurance Co boosted its stake in T-Mobile US by 0.6% during the 3rd quarter. Meiji Yasuda Life Insurance Co now owns 8,094 shares of the Wireless communications provider’s stock valued at $1,938,000 after purchasing an additional 50 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines 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 Trading Up 0.6%
T-Mobile US (NASDAQ:TMUS – Get Free Report) last issued its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $22.98 billion. During the same quarter in the previous year, the firm posted $2.58 EPS. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. Sell-side analysts expect that T-Mobile US, Inc. will post 10.65 earnings per share for the current year.
T-Mobile US Dividend Announcement
The firm 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 yield of 2.3%. T-Mobile US’s payout ratio is presently 43.40%.
Insider Buying and Selling at T-Mobile US
In other T-Mobile US news, insider Andre Almeida bought 5,097 shares of the stock in a transaction on Friday, May 1st. The shares were acquired at an average price of $196.18 per share, with a total value of $999,929.46. Following 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael J. Katz sold 5,000 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $195.81, for a total transaction of $979,050.00. Following the sale, the insider directly owned 181,930 shares in the company, valued at $35,623,713.30. The trade was a 2.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.32% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on TMUS shares. Moffett Nathanson upgraded T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price target for the company in a research note on Wednesday, April 8th. Freedom Capital upgraded T-Mobile US from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. Oppenheimer upgraded T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 price target for the company in a research note on Wednesday, April 29th. Benchmark reiterated a “buy” rating on shares of T-Mobile US in a research note on Thursday, February 12th. Finally, Wells Fargo & Company lifted their price target on T-Mobile US from $225.00 to $235.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $260.48.
View Our Latest Stock Analysis on TMUS
T-Mobile US 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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