Sustainable Insight Capital Management LLC Reduces Holdings in T-Mobile US, Inc. $TMUS

Sustainable Insight Capital Management LLC lowered its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 63.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,177 shares of the Wireless communications provider’s stock after selling 44,300 shares during the quarter. T-Mobile US accounts for approximately 1.8% of Sustainable Insight Capital Management LLC’s holdings, making the stock its 15th biggest holding. Sustainable Insight Capital Management LLC’s holdings in T-Mobile US were worth $5,288,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD increased its position in shares of T-Mobile US by 30.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,795,065 shares of the Wireless communications provider’s stock worth $5,643,511,000 after acquiring an additional 6,516,968 shares during the last quarter. State Street Corp lifted its stake in shares of T-Mobile US by 4.3% in the fourth quarter. State Street Corp now owns 25,281,709 shares of the Wireless communications provider’s stock worth $5,133,198,000 after acquiring an additional 1,047,624 shares in the last quarter. Capital International Investors boosted its holdings in T-Mobile US by 8.2% in the fourth quarter. Capital International Investors now owns 14,847,697 shares of the Wireless communications provider’s stock valued at $3,014,754,000 after purchasing an additional 1,121,409 shares during the last quarter. Invesco Ltd. boosted its holdings in T-Mobile US by 10.5% in the fourth quarter. Invesco Ltd. now owns 8,730,485 shares of the Wireless communications provider’s stock valued at $1,772,638,000 after purchasing an additional 827,381 shares during the last quarter. Finally, Norges Bank purchased a new position in T-Mobile US in the fourth quarter valued at about $1,335,918,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting T-Mobile US

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.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on TMUS shares. Sanford C. Bernstein restated a “neutral” rating on shares of T-Mobile US in a report on Wednesday, April 22nd. Wells Fargo & Company reduced their target price 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. Benchmark decreased their price target on shares of T-Mobile US from $295.00 to $280.00 and set a “buy” rating for the company in a research report on Friday. TD Cowen dropped their price target on shares of T-Mobile US from $261.00 to $260.00 and set a “buy” rating for the company in a research note on Friday. Finally, Arete Research upped their price target on shares of T-Mobile US from $295.00 to $300.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $252.88.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $180.09 on Friday. The company has a quick ratio of 0.97, a current ratio of 0.92 and a debt-to-equity ratio of 1.48. T-Mobile US, Inc. has a fifty-two week low of $165.66 and a fifty-two week high of $261.56. The firm has a 50-day simple moving average of $184.53 and a 200 day simple moving average of $195.66. The company has a market cap of $194.89 billion, a PE ratio of 18.86, a P/E/G ratio of 1.01 and a beta of 0.33.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, topping 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 prior year, the business earned $2.84 earnings per share. T-Mobile US’s quarterly revenue was up 7.9% on a year-over-year basis. On average, sell-side analysts anticipate that T-Mobile US, Inc. will post 10.53 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend payout ratio is presently 42.72%.

Insider Transactions at T-Mobile US

In related news, insider Andre Almeida acquired 5,097 shares of T-Mobile US stock in a transaction that occurred on Friday, May 1st. The stock was acquired at an average price of $196.18 per share, for a total transaction of $999,929.46. Following the transaction, the insider directly owned 44,850 shares of the company’s stock, valued at $8,798,673. This trade represents a 12.82% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael J. Katz sold 5,000 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $195.81, for a total value of $979,050.00. Following the transaction, the insider owned 181,930 shares of the company’s stock, valued at approximately $35,623,713.30. The trade was a 2.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.32% of the company’s stock.

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.