T-Mobile US, Inc. $TMUS Shares Acquired by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 14.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 187,373 shares of the Wireless communications provider’s stock after acquiring an additional 23,836 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in T-Mobile US were worth $39,354,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. CYBER HORNET ETFs LLC boosted its holdings in T-Mobile US by 3.8% in the third quarter. CYBER HORNET ETFs LLC now owns 1,319 shares of the Wireless communications provider’s stock valued at $316,000 after purchasing an additional 48 shares during the period. Tevis Investment Management increased its holdings in T-Mobile US by 3.0% during the 3rd quarter. Tevis Investment Management now owns 1,688 shares of the Wireless communications provider’s stock worth $404,000 after purchasing an additional 49 shares during the period. Meeder Asset Management Inc. raised its position in T-Mobile US by 16.2% in the 4th quarter. Meeder Asset Management Inc. now owns 351 shares of the Wireless communications provider’s stock valued at $71,000 after purchasing an additional 49 shares in the last quarter. Meiji Yasuda Life Insurance Co raised its position in T-Mobile US by 0.6% in the 3rd quarter. Meiji Yasuda Life Insurance Co now owns 8,094 shares of the Wireless communications provider’s stock valued at $1,938,000 after purchasing an additional 50 shares in the last quarter. Finally, Wellspring Financial Advisors LLC boosted its stake in shares of T-Mobile US by 4.3% in the 4th quarter. Wellspring Financial Advisors LLC now owns 1,273 shares of the Wireless communications provider’s stock valued at $259,000 after buying an additional 52 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US News Summary

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

• Positive Sentiment: TMUS continues to be viewed favorably by some analysts, with recent coverage calling it a strong value stock and brokerage sentiment remaining around “Moderate Buy.” Here’s Why T-Mobile (TMUS) is a Strong Value Stock
• Neutral Sentiment: Some of the selling appears sector-wide, as telecom peers Verizon and AT&T are also weakening on the same Starlink and Comcast-related headlines. Starlink’s Mobile Threat: Why Verizon, AT&T, and T-Mobile Are Tanking Today
• Negative Sentiment: Reports that SpaceX is considering a consumer mobile push, and possibly a partnership structure that could bypass existing carriers, are raising fears of future competition for TMUS’s core wireless business. SpaceX Might Bring Mobile Phone to Market, and Verizon, AT&T, and T-Mobile Are Down
• Negative Sentiment: Investors are also weighing T-Mobile’s legacy-plan changes, which may boost revenue but could trigger customer pushback and higher churn. T-Mobile US Slides as Starlink Mobile Threat and Legacy-Plan Changes Weigh on Sentiment

Analyst Upgrades and Downgrades

TMUS has been the subject of a number of analyst reports. Scotiabank lowered their price objective on T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating for the company in a research report on Wednesday, April 29th. KeyCorp upgraded shares of T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 price target for the company in a research note on Monday, April 13th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of T-Mobile US in a report on Tuesday, May 19th. Citigroup increased their price objective on shares of T-Mobile US from $220.00 to $225.00 and gave the company a “neutral” rating in a research report on Tuesday, March 17th. Finally, Sanford C. Bernstein restated a “neutral” rating on shares of T-Mobile US in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $260.27.

Insiders Place Their Bets

In other news, 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 transaction, the insider directly owned 44,850 shares in the company, valued at $8,798,673. This trade represents a 12.82% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible 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 shares were 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 directly owned 217,168 shares of the company’s stock, valued at approximately $41,261,920. This trade represents a 2.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.32% of the company’s stock.

T-Mobile US Stock Down 4.8%

TMUS stock opened at $173.97 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.58. T-Mobile US, Inc. has a twelve month low of $169.00 and a twelve month high of $261.56. The company’s 50 day moving average is $187.78 and its two-hundred day moving average is $197.69. The stock has a market cap of $188.27 billion, a P/E ratio of 18.51, a PEG ratio of 1.06 and a beta of 0.31.

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

T-Mobile US Dividend Announcement

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 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 dividend yield of 2.3%. T-Mobile US’s dividend payout ratio (DPR) is presently 43.40%.

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.