Community Trust & Investment Co. grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 40.9% in the second quarter, HoldingsChannel reports. The firm owned 100,967 shares of the Wireless communications provider’s stock after buying an additional 29,304 shares during the quarter. Community Trust & Investment Co.’s holdings in T-Mobile US were worth $16,935,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in the company. Sei Investments Co. increased its stake in T-Mobile US by 6.3% in the 2nd quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock worth $33,972,000 after acquiring an additional 8,491 shares during the last quarter. Diversify Advisory Services LLC boosted its position in shares of T-Mobile US by 315.7% during the 2nd quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock valued at $1,147,000 after acquiring an additional 3,454 shares during the last quarter. Darwin Wealth Management LLC bought a new position in shares of T-Mobile US during the 2nd quarter valued at approximately $375,000. Raymond James Financial Inc. grew its holdings 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 valued at $489,420,000 after purchasing an additional 9,568 shares in the last quarter. Finally, Viking Global Investors LP increased its position in 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 purchasing an additional 1,279,422 shares during the last quarter. 42.49% of the stock is owned by institutional investors.
T-Mobile US Stock Down 1.5%
Shares of TMUS opened at $177.19 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 1.48. The business has a fifty day moving average of $181.84 and a 200 day moving average of $194.41. The company has a market cap of $190.07 billion, a PE ratio of 18.55, a P/E/G ratio of 1.01 and a beta of 0.33. T-Mobile US, Inc. has a 52-week low of $165.66 and a 52-week high of $261.56.
T-Mobile US Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 28th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend payout ratio is presently 42.72%.
Key Headlines Impacting T-Mobile US
Here are the key news stories impacting T-Mobile US this week:
- Positive Sentiment: CEO Srini Gopalan said the competitive threat from Starlink and other satellite connectivity providers is overstated, arguing that traditional wireless operators remain better positioned to meet most customers’ needs. The comments may ease concerns about satellite companies taking share from T-Mobile. T-Mobile CEO Says Starlink’s Competitive Threat to Mobile Networks Is Overstated
- Positive Sentiment: A valuation analysis described TMUS as fairly valued after its recent pullback, while highlighting longer-term gains, premium-plan adoption and network investments—including AI-supported customer-service tools—as potential supports for future performance. Zacks also classified T-Mobile as a highly ranked value stock. T Mobile Stock Looks Fairly Valued Despite Recent Pressure T-Mobile Is a Top-Ranked Value Stock
- Neutral Sentiment: T-Mobile is expanding its Friday Night 5G Lights community program, offering more than $8.4 million in prizes. The initiative may strengthen brand awareness but is unlikely to materially affect near-term earnings. Friday Night 5G Lights Returns
- Neutral Sentiment: Higher dividend yields across AT&T, Verizon and T-Mobile reflect declines in telecom shares and could attract income-focused investors, but also underscore weaker recent sector sentiment. Best Telecom Dividends
- Negative Sentiment: T-Mobile is changing its device-upgrade financing model and moving away from some free-phone subsidies. While this could improve long-term margins, reduced promotions may make customer acquisition and retention more difficult. T-Mobile Changes Phone Financing
- Negative Sentiment: VoIP-Pal received permission to amend an antitrust complaint naming T-Mobile, AT&T and Verizon. The litigation remains an overhang, although the report does not establish liability or quantify potential damages. VoIP-Pal Antitrust Complaint
Insider Buying and Selling
In related news, COO Jon Freier sold 4,799 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $190.00, for a total value of $911,810.00. Following the sale, the chief operating officer directly owned 217,168 shares of the company’s stock, valued at $41,261,920. This represents a 2.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.32% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have commented on TMUS. Barclays lowered their price objective on shares of T-Mobile US from $230.00 to $215.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. The Goldman Sachs Group restated a “buy” rating on shares of T-Mobile US in a report on Wednesday, April 29th. UBS Group decreased their target price on shares of T-Mobile US from $255.00 to $235.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. KeyCorp lowered their price target on shares of T-Mobile US from $260.00 to $250.00 and set an “overweight” rating for the company in a report on Friday, July 24th. Finally, Wells Fargo & Company dropped their price target on T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating for the company in a research report on Friday, July 24th. One research 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’s stock. According to MarketBeat.com, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus target price of $252.08.
Read Our Latest Stock Report on T-Mobile US
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.
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