Lombard Odier Asset Management Switzerland SA Sells 4,600 Shares of T-Mobile US, Inc. $TMUS

Lombard Odier Asset Management Switzerland SA lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 18.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,465 shares of the Wireless communications provider’s stock after selling 4,600 shares during the quarter. Lombard Odier Asset Management Switzerland SA’s holdings in T-Mobile US were worth $4,298,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of TMUS. Waverly Advisors LLC raised its holdings in shares of T-Mobile US by 29.5% during the 1st quarter. Waverly Advisors LLC now owns 71,153 shares of the Wireless communications provider’s stock worth $14,944,000 after buying an additional 16,208 shares in the last quarter. Epoch Investment Partners Inc. bought a new stake in shares of T-Mobile US during the 1st quarter worth $24,827,000. Klingman & Associates LLC boosted its stake in T-Mobile US by 12.1% in the first quarter. Klingman & Associates LLC now owns 1,662 shares of the Wireless communications provider’s stock valued at $349,000 after buying an additional 180 shares in the last quarter. Modern Wealth Management LLC boosted its stake in T-Mobile US by 46.6% in the first quarter. Modern Wealth Management LLC now owns 5,664 shares of the Wireless communications provider’s stock valued at $1,157,000 after buying an additional 1,800 shares in the last quarter. Finally, Liberty One Investment Management LLC grew its position in T-Mobile US by 44.2% in the first quarter. Liberty One Investment Management LLC now owns 25,281 shares of the Wireless communications provider’s stock valued at $5,310,000 after acquiring an additional 7,746 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Key T-Mobile US News

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 T-Mobile US news, COO Jon Freier sold 4,799 shares of the business’s stock in a transaction that occurred 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. The trade was a 2.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael J. Katz sold 5,000 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $195.81, for a total transaction of $979,050.00. Following the transaction, the insider directly owned 181,930 shares of the company’s stock, valued at $35,623,713.30. The trade was a 2.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Arete Research increased their target price on shares of T-Mobile US from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Oppenheimer raised shares of T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 price target on the stock in a report on Wednesday, April 29th. Barclays lowered their price objective on shares of T-Mobile US from $230.00 to $215.00 and set an “overweight” rating for the company in a research report on Friday. JPMorgan Chase & Co. reissued a “buy” rating on shares of T-Mobile US in a research note on Tuesday, May 19th. Finally, UBS Group cut their target price on shares of T-Mobile US from $300.00 to $255.00 and set a “buy” rating on the stock in a research report on Monday, June 22nd. One 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. Based on data from MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and a consensus price target of $252.88.

T-Mobile US Price Performance

T-Mobile US stock opened at $180.09 on Monday. The stock has a 50-day moving average price of $184.53 and a two-hundred day moving average price of $195.62. T-Mobile US, Inc. has a 12 month low of $165.66 and a 12 month high of $261.56. The company has a market capitalization of $193.18 billion, a PE ratio of 18.86, a P/E/G ratio of 1.06 and a beta of 0.33. The company has a current ratio of 0.92, a quick ratio of 0.83 and a debt-to-equity ratio of 1.48.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $22.79 billion for the quarter, compared to analysts’ expectations of $22.95 billion. During the same period in the previous year, the business posted $2.84 earnings per share. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. Analysts expect that T-Mobile US, Inc. will post 10.65 EPS for the current year.

T-Mobile US Announces Dividend

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

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.