Harvest Fund Management Co. Ltd Buys 14,376 Shares of T-Mobile US, Inc. $TMUS

Harvest Fund Management Co. Ltd lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 20.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,515 shares of the Wireless communications provider’s stock after purchasing an additional 14,376 shares during the period. Harvest Fund Management Co. Ltd’s holdings in T-Mobile US were worth $16,949,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. CYBER HORNET ETFs LLC boosted its position in shares of T-Mobile US by 3.8% during the 3rd 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 in the last quarter. Appleton Partners Inc. MA boosted its position in shares of T-Mobile US by 5.3% during the 3rd quarter. Appleton Partners Inc. MA now owns 971 shares of the Wireless communications provider’s stock valued at $232,000 after purchasing an additional 49 shares in the last quarter. MJP Associates Inc. ADV boosted its position in shares of T-Mobile US by 2.7% during the 3rd quarter. MJP Associates Inc. ADV now owns 1,886 shares of the Wireless communications provider’s stock valued at $452,000 after purchasing an additional 49 shares in the last quarter. Tevis Investment Management boosted its position in shares of 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 valued at $404,000 after purchasing an additional 49 shares in the last quarter. Finally, Meiji Yasuda Life Insurance Co boosted its position in shares of T-Mobile US by 0.6% during 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. Institutional investors own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Freedom Capital upgraded T-Mobile US from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Morgan Stanley assumed coverage on T-Mobile US in a research report on Thursday, April 16th. They set an “overweight” rating and a $260.00 target price on the stock. The Goldman Sachs Group restated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. TD Cowen upped their target price on T-Mobile US from $252.00 to $261.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of T-Mobile US in a research report on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.48.

Insiders Place Their Bets

In other T-Mobile US news, COO Jon Freier sold 4,799 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $190.00, for a total value of $911,810.00. Following the transaction, the chief operating officer owned 217,168 shares in the company, valued at approximately $41,261,920. This represents a 2.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael J. Katz sold 5,000 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $195.81, for a total value of $979,050.00. Following the completion of the sale, the insider directly owned 181,930 shares of the company’s stock, valued at approximately $35,623,713.30. This trade represents a 2.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.32% of the company’s stock.

More T-Mobile US News

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

• Positive Sentiment: T-Mobile opened a global technology center in Hyderabad, India, and plans to hire nearly 1,000 employees by 2027, signaling an expanded international engineering and operations footprint. Reuters: T-Mobile opens India tech centre, to hire nearly 1,000 by 2027
• Positive Sentiment: The company launched “Dynamic CX,” an AI-powered network optimization tool designed to help customers stay connected during high-traffic live events, reinforcing its technology and network leadership narrative. Yahoo Finance: T-Mobile Introduces Dynamic CX
• Positive Sentiment: T-Mobile also announced it will sponsor America250, adding a high-profile brand and community initiative tied to the nation’s 250th anniversary celebration. Yahoo Finance: T-Mobile Partners with America250
• Neutral Sentiment: Brokerage coverage continues to show a “Moderate Buy” consensus, which supports a generally favorable longer-term outlook but is not a new catalyst. American Banking News: Consensus rating of Moderate Buy
• Neutral Sentiment: Recent conference remarks and media mentions around former CEO Mike Sievert and T-Mobile’s strategy add visibility, but they do not appear to change the investment thesis materially. Seeking Alpha: Evercore Global TMT Conference Transcript

T-Mobile US Stock Down 2.4%

Shares of NASDAQ:TMUS opened at $177.02 on Friday. The business’s 50 day simple moving average is $194.31 and its two-hundred day simple moving average is $200.85. The firm has a market cap of $191.57 billion, a P/E ratio of 18.83, a PEG ratio of 1.06 and a beta of 0.31. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09. T-Mobile US, Inc. has a 52-week low of $174.02 and a 52-week high of $261.56.

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

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be issued a $1.02 dividend. The ex-dividend date is Friday, May 29th. This represents a $4.08 annualized dividend and a yield of 2.3%. T-Mobile US’s dividend payout ratio is presently 43.40%.

T-Mobile US Company 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.