T-Mobile US, Inc. $TMUS Stock Position Lessened by Vise Technologies Inc.

Vise Technologies Inc. trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 18.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,794 shares of the Wireless communications provider’s stock after selling 7,279 shares during the quarter. Vise Technologies Inc.’s holdings in T-Mobile US were worth $5,348,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cidel Asset Management Inc. raised its stake in shares of T-Mobile US by 20.4% during the third quarter. Cidel Asset Management Inc. now owns 4,667 shares of the Wireless communications provider’s stock valued at $761,000 after acquiring an additional 792 shares during the last quarter. Summit Global Investments boosted its holdings in shares of T-Mobile US by 24.4% during the third quarter. Summit Global Investments now owns 5,865 shares of the Wireless communications provider’s stock worth $956,000 after purchasing an additional 1,150 shares during the period. MGO One Seven LLC boosted its holdings in shares of T-Mobile US by 10.5% during the third quarter. MGO One Seven LLC now owns 6,475 shares of the Wireless communications provider’s stock worth $1,056,000 after purchasing an additional 614 shares during the period. Aprio Wealth Management LLC increased its holdings in T-Mobile US by 196.8% during the 3rd quarter. Aprio Wealth Management LLC now owns 5,007 shares of the Wireless communications provider’s stock valued at $817,000 after purchasing an additional 3,320 shares during the period. Finally, Avestar Capital LLC increased its holdings in T-Mobile US by 26.5% during the 3rd quarter. Avestar Capital LLC now owns 5,338 shares of the Wireless communications provider’s stock valued at $871,000 after purchasing an additional 1,119 shares during the period. 42.49% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other T-Mobile US news, CAO Daniel James Drobac sold 772 shares of the company’s stock in a transaction that occurred 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 transaction, the chief accounting officer owned 35,118 shares in the company, valued at approximately $6,262,592.94. This represents a 2.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.32% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the company. The Goldman Sachs Group lowered their price target on 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. Wolfe Research lowered T-Mobile US from an “outperform” rating to a “peer perform” rating in a research report on Friday, August 14th. TD Cowen reduced their target price on T-Mobile US from $260.00 to $258.00 and set a “buy” rating on the stock in a research note on Thursday, October 29th. Sanford C. Bernstein restated a “neutral” rating on shares of T-Mobile US in a report on Monday, September 28th. Finally, Barclays decreased their target price on T-Mobile US from $215.00 to $200.00 and set an “overweight” rating for the company in a report on Tuesday, September 29th. One investment 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $238.25.

Key Headlines Impacting T-Mobile US

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

• Positive Sentiment: A recent analysis highlighted T-Mobile’s earnings growth, revenue beat, raised guidance, share repurchases and dividend increase, arguing the company’s fundamentals and valuation remain attractive despite slower postpaid subscriber additions. Article: T-Mobile: Headwinds Continue To Overshadow Strong Growth And The 3 Percent Yield
• Positive Sentiment: T-Mobile reported substantial cybersecurity improvements, including sharp reductions in successful SIM-swap attacks and phishing-related credential compromises. Better security could help protect customer trust and reduce operational risk. Article: T-Mobile Opens Up on Its Cybersecurity Transformation in New Report
• Neutral Sentiment: The company is launching holiday device discounts and promotions across its brands, including phone and home-internet offers. These may support customer acquisition, though discounting could also pressure margins. Article: T-Mobile Brings More to the Holiday Mix
• Negative Sentiment: Bloomberg reported that Deutsche Telekom’s plans to combine with its U.S. arm have hit a snag, casting doubt on a major potential transaction. The uncertainty may weigh on expectations for a deal-related catalyst. Article: Deutsche Telekom Said to Hit Brakes on T-Mobile Merger
• Negative Sentiment: Reports that SpaceX may acquire or integrate with Boost Mobile raise the prospect of a new satellite-and-cellular competitor. Boost’s reliance on network leases, including from T-Mobile, creates execution hurdles, but the possibility is adding competitive pressure to telecom shares. Article: SpaceX Starlink’s Telecom Ground Game Takes Shape

T-Mobile US Trading Down 3.6%

Shares of TMUS opened at $154.41 on Wednesday. The firm’s 50-day moving average price is $166.10 and its 200-day moving average price is $186.58. The firm has a market capitalization of $163.56 billion, a price-to-earnings ratio of 14.90, a PEG ratio of 0.93 and a beta of 0.40. The company has a current ratio of 0.91, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. T-Mobile US, Inc. has a 1-year low of $143.75 and a 1-year high of $224.75.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, October 28th. The Wireless communications provider reported $3.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.33. T-Mobile US had a net margin of 12.05% and a return on equity of 21.47%. The company had revenue of $23.58 billion for the quarter, compared to analysts’ expectations of $23.15 billion. During the same quarter in the previous year, the company earned $2.41 earnings per share. T-Mobile US’s quarterly revenue was up 7.4% on a year-over-year basis. Sell-side analysts anticipate that T-Mobile US, Inc. will post 11.44 EPS for the current year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 25th will be given a dividend of $1.17 per share. 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 positive change from T-Mobile US’s previous quarterly dividend of $1.02. T-Mobile US’s payout ratio is presently 39.38%.

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.