T-Mobile US, Inc. $TMUS Shares Newly Purchased by Legacy Wealth Asset Management LLC

Legacy Wealth Asset Management LLC acquired a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 4,652 shares of the Wireless communications provider’s stock, valued at approximately $759,000.

Several other large investors have also recently made changes to their positions in the stock. Stableford Capital II LLC increased its position in T-Mobile US by 2.5% during the 3rd quarter. Stableford Capital II LLC now owns 10,724 shares of the Wireless communications provider’s stock worth $1,749,000 after purchasing an additional 257 shares in the last quarter. GAMMA Investing LLC lifted its holdings in T-Mobile US by 0.5% in the 3rd quarter. GAMMA Investing LLC now owns 12,108 shares of the Wireless communications provider’s stock worth $1,975,000 after buying an additional 66 shares in the last quarter. Davis Capital Management increased its position in shares of T-Mobile US by 80.9% during the third quarter. Davis Capital Management now owns 3,350 shares of the Wireless communications provider’s stock worth $546,000 after acquiring an additional 1,498 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in T-Mobile US by 27.3% in the third quarter. Farther Finance Advisors LLC now owns 24,469 shares of the Wireless communications provider’s stock valued at $3,990,000 after purchasing an additional 5,250 shares during the last quarter. Finally, Atwood & Palmer Inc. grew its stake in T-Mobile US by 90.9% during the 3rd quarter. Atwood & Palmer Inc. now owns 630 shares of the Wireless communications provider’s stock valued at $103,000 after purchasing an additional 300 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TMUS has been the topic of several research analyst reports. Barclays reduced their price objective on T-Mobile US from $215.00 to $200.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 29th. Sanford C. Bernstein restated a “neutral” rating on shares of T-Mobile US in a research report on Monday, September 28th. 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 for the company in a research report on Monday, July 20th. Moffett Nathanson boosted their price objective on T-Mobile US from $242.00 to $246.00 and gave the stock a “buy” rating in a research report on Tuesday, September 22nd. Finally, Wolfe Research restated a “peer perform” rating on shares of T-Mobile US in a research report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus price target of $247.64.

Insider Activity at T-Mobile US

In related news, CAO Daniel James Drobac sold 772 shares of the business’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $178.33, for a total transaction of $137,670.76. Following the sale, the chief accounting officer owned 35,118 shares in the company, valued at $6,262,592.94. The trade was a 2.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.32% of the company’s stock.

T-Mobile US Stock Down 13.3%

NASDAQ:TMUS opened at $148.58 on Friday. The company has a market cap of $159.38 billion, a PE ratio of 15.56, a PEG ratio of 1.07 and a beta of 0.33. The stock has a 50-day simple moving average of $175.02 and a 200 day simple moving average of $184.33. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.83 and a current ratio of 0.92. T-Mobile US, Inc. has a 52-week low of $147.90 and a 52-week high of $231.02.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, beating 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 business had revenue of $22.79 billion during the quarter, compared to analysts’ expectations of $22.95 billion. During the same period last year, the business earned $2.84 earnings per share. The firm’s revenue was up 7.9% on a year-over-year basis. On average, sell-side analysts expect that T-Mobile US, Inc. will post 11.09 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 dividend of $1.17 per share. This is a boost from T-Mobile US’s previous quarterly dividend of $1.02. The ex-dividend date of this dividend is Wednesday, November 25th. This represents a $4.68 annualized dividend and a dividend yield of 3.1%. T-Mobile US’s payout ratio is presently 42.72%.

Trending Headlines about 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 Company Profile

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.