Valley Wealth Managers Inc. Purchases 6,480 Shares of T-Mobile US, Inc. $TMUS

Valley Wealth Managers Inc. boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 5.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 116,239 shares of the Wireless communications provider’s stock after purchasing an additional 6,480 shares during the period. Valley Wealth Managers Inc.’s holdings in T-Mobile US were worth $18,956,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in TMUS. BlackRock Inc. acquired a new stake in shares of T-Mobile US in the 2nd quarter valued at approximately $6,625,275,000. State Street Corp grew its holdings in T-Mobile US by 4.3% during 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 during the period. Invesco Ltd. grew its holdings in T-Mobile US by 10.5% during the fourth quarter. Invesco Ltd. now owns 8,730,485 shares of the Wireless communications provider’s stock worth $1,772,638,000 after acquiring an additional 827,381 shares during the period. Bank of New York Mellon Corp purchased a new position in T-Mobile US in the second quarter worth $839,194,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in T-Mobile US by 13.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,958,610 shares of the Wireless communications provider’s stock worth $1,006,796,000 after acquiring an additional 582,964 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Key Stories Impacting T-Mobile US

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

  • Positive Sentiment: Scotiabank lowered its price target modestly to $212 but maintained a “sector outperform” rating, implying substantial potential upside from recent trading levels. Scotiabank price target report
  • Positive Sentiment: T-Mobile’s advertising strategy continues to expand, with Vistar Media using the carrier’s first-party data to create enhanced digital-out-of-home audience segments. This could provide a longer-term revenue diversification opportunity, although it has not offset current competitive concerns. T-Mobile advertising data report
  • Positive Sentiment: Mint Mobile introduced a promotional six-month price of $10 per month for new customers, potentially supporting customer acquisition and brand visibility. However, the discount may also pressure near-term wireless pricing. Mint Mobile anniversary promotion
  • Neutral Sentiment: T-Mobile announced the 40 finalists in its Friday Night 5G Lights community program. The initiative supports brand engagement but is unlikely to materially affect near-term earnings. Friday Night 5G Lights announcement
  • Neutral Sentiment: A reported October short-interest entry showed zero shares and a zero days-to-cover ratio, making the data internally inconsistent and not a reliable explanation for the stock’s move.
  • Negative Sentiment: SpaceX agreed to acquire nationwide low-band mobile spectrum from Grain Management, advancing its goal of becoming a major U.S. mobile carrier through Starlink. Investors fear the deal could give SpaceX stronger network capabilities and increase pressure on T-Mobile, AT&T and Verizon. SpaceX spectrum acquisition report
  • Negative Sentiment: Reports that T-Mobile has changed how it presents Starlink-related services have raised concerns about turbulence in the companies’ partnership, adding to uncertainty around T-Mobile’s satellite-connectivity strategy. T-Mobile Starlink partnership report

T-Mobile US Stock Down 13.3%

Shares of NASDAQ TMUS opened at $148.58 on Friday. T-Mobile US, Inc. has a 12-month low of $147.90 and a 12-month high of $231.02. The company has a market capitalization of $159.38 billion, a PE ratio of 15.56, a price-to-earnings-growth ratio of 1.07 and a beta of 0.33. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.92 and a quick ratio of 0.83. The firm’s 50-day moving average is $175.02 and its two-hundred day moving average is $184.33.

T-Mobile US (NASDAQ:TMUS – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, topping analysts’ consensus estimates of $2.59 by $0.40. The business had revenue of $22.79 billion during the quarter, compared to analysts’ expectations of $22.95 billion. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The company’s revenue was up 7.9% on a year-over-year basis. During the same period last year, the company posted $2.84 EPS. Equities analysts anticipate that T-Mobile US, Inc. will post 11.09 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 25th will be paid a dividend of $1.17 per share. The ex-dividend date of this dividend is Wednesday, November 25th. This is an increase from T-Mobile US’s previous quarterly dividend of $1.02. This represents a $4.68 dividend on an annualized basis and a dividend yield of 3.1%. T-Mobile US’s dividend payout ratio is 42.72%.

Analysts Set New Price Targets

Several brokerages have commented on TMUS. Royal Bank Of Canada decreased their target price on shares of T-Mobile US from $240.00 to $230.00 and set an “outperform” rating on the stock in a research report on Monday, July 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of T-Mobile US in a report on Friday, September 11th. 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 on the stock in a report on Friday, September 25th. Wolfe Research restated a “peer perform” rating on shares of T-Mobile US in a research report on Friday, August 14th. Finally, UBS Group dropped their target price on shares of T-Mobile US from $255.00 to $235.00 and set a “buy” rating for the company in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $247.64.

Read Our Latest Report on TMUS

Insider Buying and Selling

In related news, CAO Daniel James Drobac sold 772 shares of T-Mobile US stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $178.33, for a total transaction of $137,670.76. Following the completion of the sale, the chief accounting officer owned 35,118 shares in the company, valued at approximately $6,262,592.94. This trade represents a 2.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.32% of the company’s stock.

About T-Mobile US

(Free Report)

T-Mobile US, Inc is a wireless communications company that provides mobile voice, messaging, and data services to consumers, businesses, and government customers in the United States. Its offerings include wireless plans, smartphones, connected devices, accessories, and related services, supported by a nationwide cellular network.

The company also provides fixed wireless broadband and other internet services for households, as well as wireless connectivity, networking, and communications solutions for businesses and public-sector organizations.

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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