Bradley Foster & Sargent Inc. CT Cuts Stake in T-Mobile US, Inc. $TMUS

Bradley Foster & Sargent Inc. CT trimmed its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 9.6% in the first quarter, Holdings Channel.com reports. The firm owned 58,736 shares of the Wireless communications provider’s stock after selling 6,221 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in T-Mobile US were worth $12,336,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of TMUS. JDM Financial Group LLC raised its stake in T-Mobile US by 114.0% during the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 65 shares during the period. Main Street Group LTD purchased a new stake in shares of T-Mobile US during the 1st quarter valued at $25,000. Swiss RE Ltd. purchased a new stake in shares of T-Mobile US during the 4th quarter valued at $29,000. Turning Point Benefit Group Inc. grew its stake in shares of T-Mobile US by 3,825.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after buying an additional 153 shares during the period. Finally, Sachetta LLC increased its holdings in shares of T-Mobile US by 52.9% during the 1st quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock worth $33,000 after buying an additional 55 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In other news, COO Jon Freier sold 4,799 shares of the business’s stock in a transaction 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 transaction, the chief operating officer directly owned 217,168 shares of the company’s stock, valued at approximately $41,261,920. The trade was a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Andre Almeida bought 5,097 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was purchased at an average price of $196.18 per share, with a total value of $999,929.46. Following the completion of the purchase, the insider directly owned 44,850 shares of the company’s stock, valued at approximately $8,798,673. This trade represents a 12.82% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on TMUS. Scotiabank cut their target price on T-Mobile US from $263.00 to $243.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, July 15th. Arete Research lifted their price objective on T-Mobile US from $295.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. DZ Bank reiterated a “buy” rating on shares of T-Mobile US in a report on Wednesday, May 6th. Moffett Nathanson upgraded shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price target on the stock in a report on Wednesday, April 8th. Finally, TD Cowen decreased their price objective on shares of T-Mobile US from $261.00 to $260.00 and set a “buy” rating for the company in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and an average target price of $252.88.

T-Mobile US Price Performance

TMUS stock opened at $180.09 on Friday. The firm has a market cap of $194.89 billion, a P/E ratio of 18.86, a price-to-earnings-growth ratio of 1.06 and a beta of 0.33. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.97 and a current ratio of 0.92. T-Mobile US, Inc. has a 1 year low of $165.66 and a 1 year high of $261.56. The stock has a 50-day simple moving average of $184.53 and a 200-day simple moving average of $195.66.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 EPS for the quarter, topping the consensus estimate of $2.59 by $0.40. The firm had revenue of $22.79 billion for the quarter, compared to analyst estimates of $22.95 billion. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%.T-Mobile US’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the previous year, the company posted $2.84 EPS. On average, equities analysts predict that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

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

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.

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.