Arrowstreet Capital Limited Partnership Trims Stake in T-Mobile US, Inc. $TMUS

Arrowstreet Capital Limited Partnership reduced its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 33.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,131,123 shares of the Wireless communications provider’s stock after selling 572,717 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in T-Mobile US were worth $237,570,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of TMUS. Lansforsakringar Fondforvaltning AB publ increased its holdings in T-Mobile US by 14.6% during the first quarter. Lansforsakringar Fondforvaltning AB publ now owns 187,373 shares of the Wireless communications provider’s stock valued at $39,354,000 after buying an additional 23,836 shares during the last quarter. Quilter Plc boosted its stake in shares of T-Mobile US by 7.8% during the 4th quarter. Quilter Plc now owns 465,838 shares of the Wireless communications provider’s stock worth $94,584,000 after acquiring an additional 33,813 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of T-Mobile US by 16.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 98,469 shares of the Wireless communications provider’s stock worth $20,010,000 after acquiring an additional 14,110 shares during the last quarter. Los Angeles Capital Management LLC grew its position in shares of T-Mobile US by 32.7% during the 4th quarter. Los Angeles Capital Management LLC now owns 296,083 shares of the Wireless communications provider’s stock valued at $62,370,000 after acquiring an additional 72,922 shares during the period. Finally, Entropy Technologies LP grew its position in shares of T-Mobile US by 105.9% during the 4th quarter. Entropy Technologies LP now owns 36,117 shares of the Wireless communications provider’s stock valued at $7,333,000 after acquiring an additional 18,573 shares during the period. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

T-Mobile US News Summary

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.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Wells Fargo & Company decreased their target price on T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating on the stock in a report on Friday. Freedom Capital raised shares of T-Mobile US from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. TD Cowen decreased their price objective on shares of T-Mobile US from $261.00 to $260.00 and set a “buy” rating on the stock in a research report on Friday. KeyCorp lowered their target price on shares of T-Mobile US from $260.00 to $250.00 and set an “overweight” rating on the stock in a research note on Friday. Finally, DZ Bank reaffirmed a “buy” rating on shares of T-Mobile US in a report on Wednesday, May 6th. One equities 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 company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $252.88.

Insider Buying and Selling at T-Mobile US

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

T-Mobile US Trading Up 5.7%

Shares of TMUS opened at $180.09 on Friday. T-Mobile US, Inc. has a twelve month low of $165.66 and a twelve month high of $261.56. The company has a market cap of $194.89 billion, a P/E ratio of 18.86, a P/E/G ratio of 1.01 and a beta of 0.33. The company has a current ratio of 0.92, a quick ratio of 0.97 and a debt-to-equity ratio of 1.48. The company’s fifty day simple moving average is $184.53 and its 200-day simple moving average is $195.66.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.40. The firm had revenue of $22.79 billion during 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%. The firm’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company earned $2.84 EPS. As a group, analysts expect that T-Mobile US, Inc. will post 10.53 EPS for the current year.

T-Mobile US Dividend Announcement

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

T-Mobile US Profile

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.