T-Mobile US, Inc. $TMUS Shares Sold by Munich Reinsurance Co Stock Corp in Munich

Munich Reinsurance Co Stock Corp in Munich lessened its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 6.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 380,129 shares of the Wireless communications provider’s stock after selling 24,405 shares during the quarter. T-Mobile US comprises about 1.5% of Munich Reinsurance Co Stock Corp in Munich’s holdings, making the stock its 25th biggest holding. Munich Reinsurance Co Stock Corp in Munich’s holdings in T-Mobile US were worth $63,759,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Main Street Group LTD purchased a new position in T-Mobile US in the 1st quarter valued at approximately $25,000. Paladin Partners LLC acquired a new stake in shares of T-Mobile US in the second quarter valued at $25,000. Dunhill Financial LLC acquired a new stake in shares of T-Mobile US in the second quarter valued at $27,000. Swiss RE Ltd. purchased a new position in T-Mobile US in the fourth quarter valued at $29,000. Finally, Sachetta LLC boosted its holdings in T-Mobile US by 52.9% in the first quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock valued at $33,000 after purchasing an additional 55 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on TMUS shares. JPMorgan Chase & Co. restated a “buy” rating on shares of T-Mobile US in a report on Tuesday, May 19th. KeyCorp decreased their price objective on T-Mobile US from $260.00 to $250.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. Royal Bank Of Canada cut their target price on shares of T-Mobile US from $240.00 to $230.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. TD Cowen reduced their target price on shares of T-Mobile US from $261.00 to $260.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Finally, UBS Group decreased their price target on shares of T-Mobile US from $255.00 to $235.00 and set a “buy” rating for the company in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and an average target price of $252.08.

Read Our Latest Research Report on T-Mobile US

T-Mobile US Stock Down 3.5%

T-Mobile US stock opened at $181.52 on Friday. The stock has a market cap of $194.71 billion, a PE ratio of 19.01, a P/E/G ratio of 1.21 and a beta of 0.34. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.92 and a quick ratio of 0.83. The stock’s fifty day moving average is $181.32 and its two-hundred day moving average is $192.50. T-Mobile US, Inc. has a 1-year low of $165.66 and a 1-year high of $255.74.

T-Mobile US (NASDAQ:TMUSGet Free Report) last released its quarterly earnings data on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) 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 business had revenue of $22.79 billion during the quarter, compared to analysts’ expectations of $22.95 billion. During the same period in the prior year, the firm posted $2.84 EPS. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. On average, sell-side analysts expect that T-Mobile US, Inc. will post 10.82 EPS 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. Investors of record on Friday, August 28th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, August 28th. T-Mobile US’s dividend payout ratio is 42.72%.

Trending Headlines about T-Mobile US

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

  • Positive Sentiment: Activist investor Elliott Investment Management reportedly opposes a potential merger involving Deutsche Telekom and is urging the parent company to pursue alternative ways to increase shareholder value. The report could support T-Mobile’s investment case by reducing merger-related uncertainty and keeping the focus on shareholder returns. T-Mobile Stock Rises on Report Elliott Opposes Deutsche Telekom Merger
  • Positive Sentiment: Jessica Uhl will join T-Mobile as CFO designate in mid-September and brings senior finance experience from Shell and GE Vernova. Her global operating background may strengthen the company’s financial leadership as T-Mobile continues investing in its wireless network and growth initiatives. T-Mobile US Sets Up CFO Handover With Jessica Uhl Joining In September
  • Neutral Sentiment: The transition is planned well in advance: current CFO Peter Osvaldik will remain in the role until February 2027 and work with Uhl during an extended handover. The overlap reduces execution risk, although investors may still be evaluating how Uhl’s priorities will differ from the current finance strategy. T-Mobile CFO Peter Osvaldik to Step Down in February 2027
  • Negative Sentiment: The CFO succession announcement may be contributing to near-term pressure on TMUS, as leadership changes can create uncertainty around capital allocation, financial targets and the company’s longer-term strategy, even when the transition is orderly. This comes despite T-Mobile’s recent earnings beat and year-over-year revenue growth. T-Mobile Announces Planned Chief Financial Officer Transition

About T-Mobile US

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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