Delta Global Management LP Takes $2.19 Million Position in T-Mobile US, Inc. $TMUS

Delta Global Management LP bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the 4th quarter, Holdings Channel reports. The firm bought 10,803 shares of the Wireless communications provider’s stock, valued at approximately $2,193,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sei Investments Co. grew its position in T-Mobile US by 6.3% during the second quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock worth $33,972,000 after buying an additional 8,491 shares in the last quarter. Diversify Advisory Services LLC grew its position in T-Mobile US by 315.7% during the second quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock worth $1,147,000 after buying an additional 3,454 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in T-Mobile US during the second quarter worth approximately $375,000. Raymond James Financial Inc. grew its position in T-Mobile US by 0.5% during the second quarter. Raymond James Financial Inc. now owns 2,054,144 shares of the Wireless communications provider’s stock worth $489,420,000 after buying an additional 9,568 shares in the last quarter. Finally, Viking Global Investors LP grew its position in T-Mobile US by 81.7% during the second quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock worth $677,925,000 after buying an additional 1,279,422 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analysts Set New Price Targets

TMUS has been the topic of a number of analyst reports. TD Cowen increased their price target on T-Mobile US from $252.00 to $261.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. The Goldman Sachs Group reissued a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. Citigroup increased their price target on T-Mobile US from $220.00 to $225.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. JPMorgan Chase & Co. reissued a “buy” rating on shares of T-Mobile US in a research report on Tuesday, May 19th. Finally, Morgan Stanley initiated coverage on T-Mobile US in a research report on Thursday, April 16th. They set an “overweight” rating and a $260.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and an average price target of $260.48.

T-Mobile US Stock Down 0.1%

Shares of TMUS opened at $188.86 on Tuesday. T-Mobile US, Inc. has a 52 week low of $174.02 and a 52 week high of $261.56. The stock has a market capitalization of $204.38 billion, a price-to-earnings ratio of 20.09, a PEG ratio of 1.10 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. The stock has a fifty day moving average of $190.75 and a 200-day moving average of $199.51.

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

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be paid a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend payout ratio is presently 43.40%.

Insider Activity

In related news, insider Michael J. Katz sold 5,000 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the completion of the transaction, the insider directly owned 181,930 shares of the company’s stock, valued at $35,623,713.30. This trade represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Andre Almeida bought 5,097 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average cost of $196.18 per share, with a total value of $999,929.46. Following the completion of the transaction, the insider owned 44,850 shares in the company, valued at $8,798,673. The trade was a 12.82% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.32% of the stock is owned by corporate insiders.

Key Stories Impacting T-Mobile US

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

• Positive Sentiment: T-Mobile declared a quarterly cash dividend of $1.02 per share, payable September 10 to shareholders of record on August 28, signaling continued capital returns to investors. T-Mobile Declares Quarterly Cash Dividend
• Positive Sentiment: T-Mobile has also highlighted AI-driven network optimization efforts and expansion of its global innovation hub, which could support longer-term efficiency and service quality. T-Mobile Bets On AI And Global Talent As Valuation Discount Persists
• Neutral Sentiment: Analysts and style-score coverage continue to describe TMUS as a top-ranked growth stock, which may reinforce a favorable long-term view but is not a direct catalyst. T-Mobile (TMUS) is a Top-Ranked Growth Stock: Should You Buy?
• Negative Sentiment: A report said T-Mobile is warning customers that a key service will double in price, adding to recent fee increases and potentially pressuring churn at a time when customer losses are already elevated. T-Mobile warns customers that a key service will double in price
• Negative Sentiment: Senator Cruz raised concerns about Grain Management’s planned purchase of T-Mobile wireless spectrum, increasing the risk of regulatory conditions or delays tied to the transaction. Senator Cruz questions private investment firm plan to acquire T-Mobile wireless spectrum

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.