12,083 T-Mobile US, Inc. $TMUS Shares Bought by Vest Financial LLC

Vest Financial LLC raised its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 21.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 69,572 shares of the Wireless communications provider’s stock after buying an additional 12,083 shares during the period. Vest Financial LLC’s holdings in T-Mobile US were worth $11,346,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of T-Mobile US during the 2nd quarter worth about $6,625,275,000. Bank of New York Mellon Corp bought a new stake in shares of T-Mobile US in the 2nd quarter valued at about $839,194,000. Bank of America Corp DE bought a new stake in shares of T-Mobile US in the 2nd quarter valued at about $758,977,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of T-Mobile US by 1.1% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,076,380 shares of the Wireless communications provider’s stock valued at $683,731,000 after acquiring an additional 43,783 shares during the last quarter. Finally, Amundi raised its position in shares of T-Mobile US by 2.6% in the 2nd quarter. Amundi now owns 3,775,445 shares of the Wireless communications provider’s stock valued at $633,255,000 after acquiring an additional 95,650 shares during the period. Institutional investors own 42.49% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. TD Cowen reduced their price target on shares of T-Mobile US from $261.00 to $260.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Barclays dropped 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. Weiss Ratings reiterated a “hold (c)” rating on shares of T-Mobile US in a report on Friday, September 11th. The Goldman Sachs Group reduced their target price on T-Mobile US from $230.00 to $211.00 and set a “buy” rating on the stock in a report on Friday, September 25th. Finally, Royal Bank Of Canada decreased their target price on T-Mobile US from $240.00 to $230.00 and set an “outperform” rating for the company in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average 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 and NVIDIA reported the first AI Radio Access Network (AI-RAN) call on a commercial mobile network, conducted with Nokia. The demonstration highlights T-Mobile’s potential to use NVIDIA technology to make wireless networks more intelligent and create new revenue opportunities as AI infrastructure expands. How Is NVIDIA Expanding AI-Powered Telecom Networks Following T-Mobile’s First AI-RAN Call?
• Positive Sentiment: NVIDIA CEO Jensen Huang described a potential 100-gigawatt distributed data-center opportunity across roughly 100,000 telecom sites, and identified T-Mobile and Nokia as companies already advancing this concept. The comments increase visibility around T-Mobile’s longer-term AI and network monetization opportunity. NVIDIA’s Jensen Huang Sees 100GW AI Opportunity In Telecom Networks
• Neutral Sentiment: A Zacks commentary characterized TMUS as a potentially attractive long-term value stock, but it was an analytical opinion rather than a new company announcement or forecast change. Why T-Mobile Is a Top Value Stock for the Long-Term
• Neutral Sentiment: T-Mobile is supporting First Responders Children’s Foundation events and scholarships. The initiative may benefit brand reputation but is unlikely to materially affect near-term earnings. T-Mobile and First Responders Children’s Foundation Celebrate National First Responders Day Nationwide
• Negative Sentiment: Wireless stocks, including T-Mobile, declined amid broader sector pressure despite AT&T’s quarterly beat, suggesting industry-wide sentiment is weighing on TMUS independently of its fundamentals. AT&T Sinks Despite Q3 Beat
• Negative Sentiment: Elon Musk’s renewed promotion of SpaceX’s Starlink highlights potential long-term competition from satellite connectivity, particularly in underserved markets. Elon Musk Says Starlink Is Rewriting Telecom

Insider Activity at T-Mobile US

In related 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 value of $137,670.76. Following the completion of the transaction, the chief accounting officer directly owned 35,118 shares of the company’s stock, valued at approximately $6,262,592.94. This represents a 2.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.32% of the stock is currently owned by insiders.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $158.79 on Friday. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.83 and a current ratio of 0.92. The company has a market capitalization of $170.33 billion, a P/E ratio of 16.63, a price-to-earnings-growth ratio of 0.96 and a beta of 0.33. The company’s 50 day moving average price is $171.10 and its two-hundred day moving average price is $180.85. T-Mobile US, Inc. has a 52 week low of $147.90 and a 52 week high of $225.93.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, beating analysts’ consensus estimates of $2.59 by $0.40. The firm had revenue of $22.79 billion for the quarter, compared to analyst estimates of $22.95 billion. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The business’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.84 earnings per share. On average, analysts expect that T-Mobile US, Inc. will post 11.17 earnings per share 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 issued a dividend of $1.17 per share. The ex-dividend date is Wednesday, November 25th. This is a positive change 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 2.9%. T-Mobile US’s dividend payout ratio (DPR) is 42.72%.

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.