Diversify Advisory Services LLC Buys 3,379 Shares of T-Mobile US, Inc. $TMUS

Diversify Advisory Services LLC grew its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 15.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 24,648 shares of the Wireless communications provider’s stock after purchasing an additional 3,379 shares during the period. Diversify Advisory Services LLC’s holdings in T-Mobile US were worth $3,871,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. BlackRock Inc. acquired a new stake in T-Mobile US during the second quarter worth about $6,625,275,000. Bank of New York Mellon Corp purchased a new position in T-Mobile US during the second quarter valued at approximately $839,194,000. Bank of America Corp DE acquired a new position in T-Mobile US in the second quarter valued at approximately $758,977,000. Legal & General Group Plc acquired a new position in T-Mobile US in the second quarter valued at approximately $583,675,000. Finally, Deutsche Bank AG purchased a new stake in T-Mobile US in the 2nd quarter worth approximately $349,928,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Morgan Stanley decreased their target price on shares of T-Mobile US from $260.00 to $230.00 and set an “overweight” rating for the company in a research note on Tuesday, July 7th. Scotiabank dropped their price target on shares of T-Mobile US from $217.00 to $212.00 and set a “sector outperform” rating on the stock in a research report on Friday, October 9th. Wells Fargo & Company cut their price objective on shares of T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating for the company in a report on Friday, July 24th. The Goldman Sachs Group decreased their price objective on shares of T-Mobile US from $230.00 to $211.00 and set a “buy” rating for the company in a research report on Friday, September 25th. Finally, KeyCorp lowered their target price on shares of T-Mobile US from $260.00 to $250.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $244.65.

Key Stories Impacting T-Mobile US

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

• Positive Sentiment: T-Mobile’s completion of what it and NVIDIA described as the world’s first AI Radio Access Network call on a commercial mobile network strengthens its position in next-generation telecom infrastructure. The collaboration with NVIDIA and Nokia could create future network-efficiency and enterprise-revenue opportunities. How Is NVIDIA Expanding AI-Powered Telecom Networks Following T-Mobile’s First AI-RAN Call?
• Positive Sentiment: NVIDIA CEO Jensen Huang identified a potential 100-gigawatt distributed data-center opportunity across roughly 100,000 telecom sites, with T-Mobile among the companies already pursuing the market. This supports the longer-term investment case for T-Mobile’s AI and network strategy. NVIDIA’s Jensen Huang Sees 100GW AI Opportunity in Telecom Networks
• Neutral Sentiment: T-Mobile is expected to report quarterly results on Wednesday, making subscriber growth, wireless service revenue, cash flow and guidance key near-term catalysts for the stock. T-Mobile US Expected to Release Quarterly Earnings
• Neutral Sentiment: The company’s fiber strategy could increase customer retention and add recurring home-internet revenue, but investors are watching whether expansion can be funded without excessive shareholder cash consumption. Can Fiber Grow Without Consuming Too Much Shareholder Cash?
• Negative Sentiment: Telecom shares broadly weakened even after AT&T delivered an earnings beat and raised its outlook, suggesting sector-wide risk reduction rather than a T-Mobile-specific earnings disappointment. AT&T Sinks Despite Q3 Beat and Raised Outlook
• Negative Sentiment: Elon Musk’s renewed promotion of Starlink highlights potential long-term competition to traditional wireless providers, including T-Mobile, particularly in rural connectivity and satellite-to-device services. Elon Musk Says Starlink Is Rewriting Telecom

T-Mobile US Stock Down 2.5%

T-Mobile US stock opened at $153.75 on Thursday. The stock has a market capitalization of $164.92 billion, a PE ratio of 16.10, a price-to-earnings-growth ratio of 0.98 and a beta of 0.33. T-Mobile US, Inc. has a 12 month low of $147.90 and a 12 month high of $227.89. The business has a 50 day simple moving average of $171.59 and a 200-day simple moving average of $181.15. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.92 and a quick ratio of 0.83.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results 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 return on equity of 20.16% and a net margin of 11.45%. The business had revenue of $22.79 billion during the quarter, compared to the consensus estimate of $22.95 billion. During the same period in the prior year, the company posted $2.84 EPS. The business’s quarterly revenue was up 7.9% on a year-over-year basis. On average, analysts anticipate that T-Mobile US, Inc. will post 11.17 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 25th will be issued a $1.17 dividend. This represents a $4.68 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, November 25th. This is a boost from T-Mobile US’s previous quarterly dividend of $1.02. T-Mobile US’s payout ratio is presently 42.72%.

Insider Buying and Selling

In other T-Mobile US news, CAO Daniel James Drobac sold 772 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $178.33, for a total transaction of $137,670.76. Following the completion of the transaction, the chief accounting officer directly owned 35,118 shares in the company, valued at approximately $6,262,592.94. This represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.32% of the company’s stock.

T-Mobile US Profile

T-Mobile US, Inc (NASDAQ: TMUS) is a wireless communications company that provides mobile voice, messaging and data services to consumers, businesses and government customers in the United States, Puerto Rico and the U.S. Virgin Islands. Its offerings include postpaid and prepaid wireless plans, connected devices, broadband internet and other communications services.

The company operates a nationwide wireless network, including 5G services, and sells smartphones, tablets, connected devices and related accessories through retail stores, online channels and third-party distributors.