Sei Investments Co. Boosts Position in T-Mobile US, Inc. $TMUS

Sei Investments Co. boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 61.4% in the first quarter, Holdings Channel reports. The institutional investor owned 265,848 shares of the Wireless communications provider’s stock after purchasing an additional 101,112 shares during the period. Sei Investments Co.’s holdings in T-Mobile US were worth $55,835,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Cetera Investment Advisers boosted its holdings in shares of T-Mobile US by 6.9% in the first quarter. Cetera Investment Advisers now owns 192,206 shares of the Wireless communications provider’s stock worth $40,369,000 after buying an additional 12,348 shares during the last quarter. Alpha Family Trust lifted its stake in shares of T-Mobile US by 14.0% during the 1st quarter. Alpha Family Trust now owns 4,530 shares of the Wireless communications provider’s stock valued at $951,000 after buying an additional 555 shares in the last quarter. Mizuho Markets Cayman LP purchased a new stake in T-Mobile US in the 1st quarter worth $4,801,000. Acumen Wealth Advisors LLC raised its holdings in T-Mobile US by 2,111.9% during the first quarter. Acumen Wealth Advisors LLC now owns 3,893 shares of the Wireless communications provider’s stock valued at $818,000 after acquiring an additional 3,717 shares during the period. Finally, CI Investments Inc. lifted its position in shares of T-Mobile US by 0.3% in the first quarter. CI Investments Inc. now owns 94,716 shares of the Wireless communications provider’s stock valued at $19,893,000 after acquiring an additional 278 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft dropped their price objective on T-Mobile US from $300.00 to $285.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. UBS Group dropped their price target on T-Mobile US from $300.00 to $255.00 and set a “buy” rating for the company in a research note on Monday, June 22nd. Arete Research increased their price objective on shares of T-Mobile US from $295.00 to $300.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of T-Mobile US in a research report on Tuesday, May 19th. Finally, Oppenheimer raised shares of T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 target price on the stock in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus price target of $252.88.

Key Headlines Impacting T-Mobile US

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

• Positive Sentiment: T-Mobile beat second-quarter profit expectations, with adjusted EPS of $2.99, helped by strong service revenue and customers moving to higher-priced premium plans.
• Positive Sentiment: The company raised its full-year free cash flow outlook, which is a key bullish signal for investors because it supports dividends, buybacks, and financial flexibility.
• Positive Sentiment: T-Mobile continued its share repurchase program, including a multibillion-dollar buyback tranche, reinforcing management’s confidence in cash generation.
• Positive Sentiment: Several analysts remain constructive even after trimming price targets, with multiple firms still rating the stock Buy or Overweight.

Insider Transactions at T-Mobile US

In other T-Mobile US news, insider Andre Almeida bought 5,097 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were purchased at an average cost of $196.18 per share, for a total transaction of $999,929.46. Following the transaction, the insider owned 44,850 shares of the company’s stock, valued at $8,798,673. This represents a 12.82% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Jon Freier sold 4,799 shares of T-Mobile US stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $190.00, for a total value of $911,810.00. Following the completion of the transaction, the chief operating officer owned 217,168 shares of the company’s stock, valued at approximately $41,261,920. This represents a 2.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.32% of the company’s stock.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $180.09 on Friday. The stock has a market capitalization of $194.89 billion, a PE ratio of 18.86, a P/E/G ratio of 1.06 and a beta of 0.33. The business has a 50 day simple moving average of $184.53 and a two-hundred day simple moving average of $195.66. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.92 and a quick ratio of 0.97. T-Mobile US, Inc. has a 1-year low of $165.66 and a 1-year high of $261.56.

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, topping the consensus estimate of $2.59 by $0.40. The company had revenue of $22.79 billion for 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%. T-Mobile US’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.84 earnings per share. On average, research analysts predict that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be issued a $1.02 dividend. The ex-dividend date is Friday, August 28th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.3%. T-Mobile US’s payout ratio is 42.72%.

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.