T-Mobile US, Inc. $TMUS Shares Purchased by Third View Private Wealth LLC

Third View Private Wealth LLC lifted its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 39.8% during the third quarter, HoldingsChannel reports. The firm owned 25,278 shares of the Wireless communications provider’s stock after purchasing an additional 7,191 shares during the period. Third View Private Wealth LLC’s holdings in T-Mobile US were worth $4,122,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in TMUS. Main Street Group LTD bought a new stake in T-Mobile US during the 1st quarter valued at about $25,000. Paladin Partners LLC bought a new position in T-Mobile US in the 2nd quarter worth about $25,000. Dunhill Financial LLC bought a new position in T-Mobile US in the 2nd quarter worth about $27,000. Highland Investment Advisors LLC purchased a new position in shares of T-Mobile US during the second quarter worth approximately $30,000. Finally, Sachetta LLC increased its position in shares of T-Mobile US by 52.9% during the first quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock worth $33,000 after acquiring an additional 55 shares during the period. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Trading Down 3.6%

NASDAQ:TMUS opened at $154.41 on Wednesday. T-Mobile US, Inc. has a one year low of $143.75 and a one year high of $224.75. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.91. The firm has a market cap of $163.56 billion, a P/E ratio of 14.90, a P/E/G ratio of 0.93 and a beta of 0.40. The firm has a 50-day simple moving average of $166.10 and a 200-day simple moving average of $186.58.

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 for the quarter, topping 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 firm had revenue of $23.58 billion during the quarter, compared to analysts’ expectations of $23.15 billion. During the same quarter in the prior year, the company earned $2.41 EPS. The company’s revenue was up 7.4% compared to the same quarter last year. Equities analysts anticipate that T-Mobile US, Inc. will post 11.44 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 25th will be paid a $1.17 dividend. This represents a $4.68 dividend on an annualized basis and a yield of 3.0%. This is a positive change from T-Mobile US’s previous quarterly dividend of $1.02. The ex-dividend date of this dividend is Wednesday, November 25th. T-Mobile US’s payout ratio is presently 39.38%.

Analyst Ratings Changes

Several analysts have recently weighed in on TMUS shares. Morgan Stanley decreased their price target on shares of 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. Royal Bank Of Canada dropped their price objective on T-Mobile US from $240.00 to $230.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Moffett Nathanson raised their price objective on T-Mobile US from $242.00 to $246.00 and gave the stock a “buy” rating in a report on Tuesday, September 22nd. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of T-Mobile US in a research report on Monday, September 28th. Finally, Raymond James Financial upgraded T-Mobile US from a “market perform” rating to an “outperform” rating and set a $170.00 target price for the company in a report on Monday, October 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and an average price target of $238.25.

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 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 completion of the sale, the chief accounting officer owned 35,118 shares in the company, valued at $6,262,592.94. This represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.32% of the stock is currently owned by corporate insiders.

Trending Headlines about 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

About T-Mobile US

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.