Caxton Associates LLP Has $1.76 Million Holdings in T-Mobile US, Inc. $TMUS

Caxton Associates LLP cut its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 94.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 8,360 shares of the Wireless communications provider’s stock after selling 151,339 shares during the period. Caxton Associates LLP’s holdings in T-Mobile US were worth $1,756,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sei Investments Co. grew its position in shares of T-Mobile US by 6.3% in the 2nd quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock valued at $33,972,000 after purchasing an additional 8,491 shares during the period. Diversify Advisory Services LLC increased its stake in T-Mobile US by 315.7% during the 2nd quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock worth $1,147,000 after purchasing an additional 3,454 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in T-Mobile US during the 2nd quarter worth approximately $375,000. Raymond James Financial Inc. raised its holdings in T-Mobile US by 0.5% during the 2nd quarter. Raymond James Financial Inc. now owns 2,054,144 shares of the Wireless communications provider’s stock worth $489,420,000 after buying an additional 9,568 shares during the period. Finally, Viking Global Investors LP lifted its stake in T-Mobile US by 81.7% in the second quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock valued at $677,925,000 after buying an additional 1,279,422 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TMUS. DZ Bank reiterated a “buy” rating on shares of T-Mobile US in a report on Wednesday, May 6th. Sanford C. Bernstein restated a “neutral” rating on shares of T-Mobile US in a report on Wednesday, April 22nd. Wells Fargo & Company cut their price objective on shares of T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating on the stock in a research report on Friday. Deutsche Bank Aktiengesellschaft reduced their target price on shares of 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. Finally, Bank of America upgraded T-Mobile US from a “neutral” rating to a “buy” rating and set a $220.00 target price for the company in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $252.88.

T-Mobile US Trading Up 5.7%

T-Mobile US stock opened at $180.09 on Friday. The company has a market cap of $194.89 billion, a price-to-earnings ratio of 18.86, a P/E/G ratio of 1.06 and a beta of 0.33. The firm has a 50-day moving average of $184.53 and a 200-day 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 one year low of $165.66 and a one year high of $261.56.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.40. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%.The business had revenue of $22.79 billion for the quarter, compared to the consensus estimate of $22.95 billion. During the same quarter in the previous year, the business earned $2.84 earnings per share. T-Mobile US’s quarterly revenue was up 7.9% on a year-over-year basis. On average, equities analysts expect that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

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

Key Stories 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.

Insiders Place Their Bets

In other news, COO Jon Freier sold 4,799 shares of the stock in a transaction that occurred on 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 sale, 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Andre Almeida bought 5,097 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average cost of $196.18 per share, with a total value of $999,929.46. Following the completion of the purchase, the insider directly owned 44,850 shares of the company’s stock, valued at $8,798,673. This represents a 12.82% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.32% of the company’s stock.

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.