Cookson Peirce & Co. Inc. Acquires Shares of 6,737 T-Mobile US, Inc. $TMUS

Cookson Peirce & Co. Inc. acquired a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 6,737 shares of the Wireless communications provider’s stock, valued at approximately $1,368,000.

A number of other hedge funds also recently made changes to their positions in TMUS. Norges Bank bought a new stake in shares of T-Mobile US during the 4th quarter worth $1,335,918,000. Wellington Management Group LLP raised its stake in shares of T-Mobile US by 47.5% during the 3rd quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock worth $3,222,454,000 after purchasing an additional 4,335,368 shares during the period. Viking Global Investors LP raised its stake in shares of T-Mobile US by 81.7% during the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock worth $677,925,000 after purchasing an additional 1,279,422 shares during the period. Amundi raised its stake in shares of T-Mobile US by 44.6% during the 3rd quarter. Amundi now owns 4,109,084 shares of the Wireless communications provider’s stock worth $924,380,000 after purchasing an additional 1,266,808 shares during the period. Finally, State Street Corp raised its stake in shares of T-Mobile US by 4.7% during the 3rd quarter. State Street Corp now owns 24,234,085 shares of the Wireless communications provider’s stock worth $5,801,155,000 after purchasing an additional 1,092,769 shares during the period. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Performance

Shares of TMUS opened at $178.10 on Monday. The business has a 50-day moving average of $193.65 and a 200 day moving average of $200.58. T-Mobile US, Inc. has a fifty-two week low of $174.02 and a fifty-two week high of $261.56. The firm has a market cap of $192.74 billion, a P/E ratio of 18.95, a price-to-earnings-growth ratio of 1.04 and a beta of 0.31. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.26. The company had revenue of $23.11 billion during the quarter, compared to analyst estimates of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The firm’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.58 EPS. As a group, research analysts forecast that T-Mobile US, Inc. will post 10.65 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, May 29th. T-Mobile US’s payout ratio is presently 43.40%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on TMUS shares. Deutsche Bank Aktiengesellschaft lowered their target price on T-Mobile US from $300.00 to $285.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Royal Bank Of Canada lowered their target price on T-Mobile US from $255.00 to $240.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. Scotiabank decreased their price objective on T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating for the company in a report on Wednesday, April 29th. Wall Street Zen raised T-Mobile US from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, TD Cowen lifted their price objective on T-Mobile US from $252.00 to $261.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $260.48.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, insider Michael J. Katz sold 5,000 shares of T-Mobile US stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the completion of the transaction, the insider owned 181,930 shares of the company’s stock, valued at $35,623,713.30. The trade was a 2.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Andre Almeida bought 5,097 shares of T-Mobile US stock in a transaction on Friday, May 1st. The shares were bought at an average cost of $196.18 per share, with a total value of $999,929.46. Following the acquisition, the insider directly owned 44,850 shares in the company, valued at approximately $8,798,673. This represents a 12.82% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.32% of the company’s stock.

Key T-Mobile US News

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

• Positive Sentiment: T-Mobile introduced Dynamic CX, an AI-powered network optimization capability designed to automatically adapt in real time during high-demand events like concerts and sports matches, reinforcing its reputation for network quality and customer experience. T-Mobile Introduces Dynamic CX, AI-Powered Technology Designed to Help Keep Customers Connected During Summer’s Biggest Live Events
• Positive Sentiment: The company opened a global technology center in Hyderabad, India, with reports indicating plans to hire nearly 1,000 employees by 2027, suggesting continued investment in technology talent and global scale. T-Mobile opens India tech centre, to hire nearly 1,000 by 2027
• Positive Sentiment: T-Mobile also announced it will be an official sponsor of America250, a high-visibility branding partnership tied to the U.S. semiquincentennial celebration, which could support marketing reach and brand goodwill. T-Mobile Partners with America250 to Commemorate the Nation’s 250th Anniversary
• Neutral Sentiment: MarketWatch noted that TMUS outperformed peers despite broader losses, indicating relative strength, though the article did not point to a major new fundamental catalyst.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.