HighTower Advisors LLC Purchases 75,692 Shares of T-Mobile US, Inc. $TMUS

HighTower Advisors LLC increased its position in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 9.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 850,176 shares of the Wireless communications provider’s stock after purchasing an additional 75,692 shares during the period. HighTower Advisors LLC’s holdings in T-Mobile US were worth $142,600,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in T-Mobile US in the 2nd quarter worth $45,203,000. California State Teachers Retirement System raised its stake in shares of T-Mobile US by 16,067.4% during the second quarter. California State Teachers Retirement System now owns 126,953,998 shares of the Wireless communications provider’s stock valued at $21,293,994,000 after acquiring an additional 126,168,750 shares during the last quarter. Paralel Advisors LLC purchased a new stake in shares of T-Mobile US during the second quarter worth about $1,846,000. Wedmont Private Capital boosted its holdings in shares of T-Mobile US by 5.5% during the second quarter. Wedmont Private Capital now owns 7,709 shares of the Wireless communications provider’s stock worth $1,293,000 after purchasing an additional 404 shares during the period. Finally, Kintra Wealth LLC bought a new stake in shares of T-Mobile US in the second quarter worth about $293,000. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US News Summary

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

  • Positive Sentiment: Activist investor Elliott Investment Management reportedly opposes a potential merger involving Deutsche Telekom and is urging the parent company to pursue alternative ways to increase shareholder value. The report could support T-Mobile’s investment case by reducing merger-related uncertainty and keeping the focus on shareholder returns. T-Mobile Stock Rises on Report Elliott Opposes Deutsche Telekom Merger
  • Positive Sentiment: Jessica Uhl will join T-Mobile as CFO designate in mid-September and brings senior finance experience from Shell and GE Vernova. Her global operating background may strengthen the company’s financial leadership as T-Mobile continues investing in its wireless network and growth initiatives. T-Mobile US Sets Up CFO Handover With Jessica Uhl Joining In September
  • Neutral Sentiment: The transition is planned well in advance: current CFO Peter Osvaldik will remain in the role until February 2027 and work with Uhl during an extended handover. The overlap reduces execution risk, although investors may still be evaluating how Uhl’s priorities will differ from the current finance strategy. T-Mobile CFO Peter Osvaldik to Step Down in February 2027
  • Negative Sentiment: The CFO succession announcement may be contributing to near-term pressure on TMUS, as leadership changes can create uncertainty around capital allocation, financial targets and the company’s longer-term strategy, even when the transition is orderly. This comes despite T-Mobile’s recent earnings beat and year-over-year revenue growth. T-Mobile Announces Planned Chief Financial Officer Transition

Analyst Ratings Changes

TMUS has been the subject of a number of recent analyst reports. UBS Group lowered their price target on T-Mobile US from $255.00 to $235.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Bank of America raised T-Mobile US from a “neutral” rating to a “buy” rating and set a $220.00 target price on the stock in a research note on Monday, July 6th. Wells Fargo & Company decreased their target price on T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating for the company in a report on Friday, July 24th. Morgan Stanley dropped their price target on T-Mobile US from $260.00 to $230.00 and set an “overweight” rating for the company in a research note on Tuesday, July 7th. Finally, Weiss Ratings cut shares of T-Mobile US from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and an average target price of $252.08.

Read Our Latest Analysis on T-Mobile US

T-Mobile US Stock Performance

T-Mobile US stock opened at $181.52 on Monday. T-Mobile US, Inc. has a fifty-two week low of $165.66 and a fifty-two week high of $255.74. The stock’s 50 day simple moving average is $181.32 and its two-hundred day simple moving average is $192.31. 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 stock has a market cap of $194.71 billion, a price-to-earnings ratio of 19.01, a PEG ratio of 1.17 and a beta of 0.34.

T-Mobile US (NASDAQ:TMUSGet Free Report) last announced its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.40. The firm had revenue of $22.79 billion during the quarter, compared to analyst estimates of $22.95 billion. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%.The business’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.84 EPS. As a group, analysts expect that T-Mobile US, Inc. will post 10.82 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders 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 yield of 2.2%. T-Mobile US’s dividend payout ratio is 42.72%.

T-Mobile US Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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