Wealth Enhancement Trust Services Inc. decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 94.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 301 shares of the Wireless communications provider’s stock after selling 5,155 shares during the period. Wealth Enhancement Trust Services Inc.’s holdings in T-Mobile US were worth $49,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. American National Bank & Trust boosted its holdings in shares of T-Mobile US by 17.1% in the 3rd quarter. American National Bank & Trust now owns 10,814 shares of the Wireless communications provider’s stock valued at $1,764,000 after buying an additional 1,581 shares during the period. Moody National Bank Trust Division raised its stake in T-Mobile US by 49.2% during the third quarter. Moody National Bank Trust Division now owns 5,553 shares of the Wireless communications provider’s stock worth $906,000 after acquiring an additional 1,832 shares during the period. Legacy Private Trust Co. lifted its holdings in T-Mobile US by 3.2% in the third quarter. Legacy Private Trust Co. now owns 2,710 shares of the Wireless communications provider’s stock worth $442,000 after acquiring an additional 85 shares during the last quarter. Rosenberg Matthew Hamilton boosted its stake in T-Mobile US by 25.0% in the third quarter. Rosenberg Matthew Hamilton now owns 2,168 shares of the Wireless communications provider’s stock valued at $354,000 after acquiring an additional 433 shares during the period. Finally, Baker Tilly Wealth Management LLC grew its holdings in shares of T-Mobile US by 37.7% during the third quarter. Baker Tilly Wealth Management LLC now owns 5,198 shares of the Wireless communications provider’s stock valued at $848,000 after purchasing an additional 1,423 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.
T-Mobile US Trading Down 13.3%
Shares of TMUS stock opened at $148.58 on Friday. T-Mobile US, Inc. has a 1 year low of $147.90 and a 1 year high of $231.02. The firm has a market capitalization of $159.38 billion, a PE ratio of 15.56, a price-to-earnings-growth ratio of 1.07 and a beta of 0.33. The stock has a fifty day moving average of $175.02 and a two-hundred day moving average of $184.33. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.83 and a current ratio of 0.92.
T-Mobile US Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 25th will be paid a $1.17 dividend. The ex-dividend date of this dividend is Wednesday, November 25th. This represents a $4.68 dividend on an annualized basis and a dividend yield of 3.1%. This is an increase from T-Mobile US’s previous quarterly dividend of $1.02. T-Mobile US’s dividend payout ratio (DPR) is currently 42.72%.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on TMUS shares. Weiss Ratings reiterated a “hold (c)” rating on shares of T-Mobile US in a research report on Friday, September 11th. Wells Fargo & Company lowered their price objective on T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating for the company in a research note on Friday, July 24th. Morgan Stanley dropped their target price on T-Mobile US from $260.00 to $230.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 7th. Bank of America upgraded T-Mobile US from a “neutral” rating to a “buy” rating and set a $220.00 target price on the stock in a research note on Monday, July 6th. Finally, UBS Group reduced 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 report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $247.64.
Get Our Latest Stock Report on T-Mobile US
T-Mobile US News Summary
Here are the key news stories impacting T-Mobile US this week:
- Positive Sentiment: Scotiabank lowered its price target modestly to $212 but maintained a “sector outperform” rating, implying substantial potential upside from recent trading levels. Scotiabank price target report
- Positive Sentiment: T-Mobile’s advertising strategy continues to expand, with Vistar Media using the carrier’s first-party data to create enhanced digital-out-of-home audience segments. This could provide a longer-term revenue diversification opportunity, although it has not offset current competitive concerns. T-Mobile advertising data report
- Positive Sentiment: Mint Mobile introduced a promotional six-month price of $10 per month for new customers, potentially supporting customer acquisition and brand visibility. However, the discount may also pressure near-term wireless pricing. Mint Mobile anniversary promotion
- Neutral Sentiment: T-Mobile announced the 40 finalists in its Friday Night 5G Lights community program. The initiative supports brand engagement but is unlikely to materially affect near-term earnings. Friday Night 5G Lights announcement
- Neutral Sentiment: A reported October short-interest entry showed zero shares and a zero days-to-cover ratio, making the data internally inconsistent and not a reliable explanation for the stock’s move.
- Negative Sentiment: SpaceX agreed to acquire nationwide low-band mobile spectrum from Grain Management, advancing its goal of becoming a major U.S. mobile carrier through Starlink. Investors fear the deal could give SpaceX stronger network capabilities and increase pressure on T-Mobile, AT&T and Verizon. SpaceX spectrum acquisition report
- Negative Sentiment: Reports that T-Mobile has changed how it presents Starlink-related services have raised concerns about turbulence in the companies’ partnership, adding to uncertainty around T-Mobile’s satellite-connectivity strategy. T-Mobile Starlink partnership report
Insider Activity
In related news, CAO Daniel James Drobac sold 772 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $178.33, for a total transaction of $137,670.76. Following the transaction, the chief accounting officer owned 35,118 shares in the company, valued at $6,262,592.94. This trade represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.32% of the stock is owned by company insiders.
About T-Mobile US
T-Mobile US, Inc is a wireless communications company that provides mobile voice, messaging, and data services to consumers, businesses, and government customers in the United States. Its offerings include wireless plans, smartphones, connected devices, accessories, and related services, supported by a nationwide cellular network.
The company also provides fixed wireless broadband and other internet services for households, as well as wireless connectivity, networking, and communications solutions for businesses and public-sector organizations.
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