Candriam S.C.A. Has $14.87 Million Position in T-Mobile US, Inc. $TMUS

Candriam S.C.A. increased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 7.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,798 shares of the Wireless communications provider’s stock after purchasing an additional 4,865 shares during the period. Candriam S.C.A.’s holdings in T-Mobile US were worth $14,870,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

Several research firms recently commented on TMUS. TD Cowen boosted their price objective on shares of T-Mobile US from $252.00 to $261.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Royal Bank Of Canada lowered their target price on T-Mobile US from $255.00 to $240.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Wall Street Zen raised T-Mobile US from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Sanford C. Bernstein reissued a “neutral” rating on shares of T-Mobile US in a research note on Wednesday, April 22nd. Finally, Wells Fargo & Company initiated coverage on T-Mobile US in a report on Wednesday, July 8th. They issued an “equal weight” rating and a $170.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $255.76.

Insider Transactions at T-Mobile US

In related news, insider Andre Almeida bought 5,097 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were acquired at an average price of $196.18 per share, with a total value of $999,929.46. Following the completion of the transaction, the insider owned 44,850 shares in the company, valued at $8,798,673. The trade was a 12.82% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Jon Freier sold 4,799 shares of the company’s 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 sale, the chief operating officer owned 217,168 shares in the company, valued at $41,261,920. The trade was a 2.16% decrease in their position. 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 News Roundup

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

• Positive Sentiment: Morgan Stanley kept an Overweight rating on T-Mobile, even after trimming its price target, reinforcing the view that the stock remains a Wall Street favorite. Morgan Stanley Keeps Overweight Rating on T-Mobile (TMUS)
• Positive Sentiment: T-Mobile announced a leadership expansion, naming wireless veteran Chris Sambar as Chief Enterprise Officer to help accelerate growth in new areas such as AI and 6G, which could support longer-term expansion. T-Mobile (TMUS) Appoints Chris Sambar as Chief Enterprise Officer
• Positive Sentiment: Several recent pieces argue T-Mobile remains attractive relative to its growth, citing strong revenue growth, margins, and a low forward PEG ratio, while share buybacks and debt reduction could continue to support the stock. T-Mobile US: Cheap Relative To Growth
• Neutral Sentiment: Wells Fargo initiated analyst coverage on T-Mobile, adding to the stock’s visibility, though the article excerpt did not provide a clear rating or price target change. T-Mobile US (NASDAQ:TMUS) Now Covered by Analysts at Wells Fargo & Company
• Neutral Sentiment: Short-interest data showed no meaningful shares outstanding in the latest report, so the update does not appear to signal a material change in trading pressure.
• Negative Sentiment: Some investor attention remains focused on competitive risks, especially concerns that SpaceX’s Starlink could pressure wireless carriers over time. Top wireless stock remains Wall Street favorite amid space risk
• Negative Sentiment: T-Mobile also faced criticism over a new customer-support restriction in its T-Life app, which could frustrate users and add to near-term sentiment pressure. T-Mobile faces backlash over new customer support restriction

T-Mobile US Price Performance

NASDAQ TMUS opened at $187.61 on Monday. The firm’s 50 day moving average is $185.37 and its 200-day moving average is $196.56. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58. The company has a market capitalization of $203.03 billion, a PE ratio of 19.96, a price-to-earnings-growth ratio of 1.11 and a beta of 0.33. T-Mobile US, Inc. has a 12-month low of $165.66 and a 12-month high of $261.56.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, topping the consensus estimate of $2.01 by $0.26. The business had revenue of $23.11 billion during the quarter, compared to analysts’ expectations of $22.98 billion. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The firm’s revenue was up 10.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.58 earnings per share. Equities research analysts anticipate that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, August 28th. This represents a $4.08 annualized dividend and a yield of 2.2%. T-Mobile US’s payout ratio is 43.40%.

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.