Kiley Juergens Wealth Management LLC Takes $1.05 Million Position in T-Mobile US, Inc. $TMUS

Kiley Juergens Wealth Management LLC purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,003 shares of the Wireless communications provider’s stock, valued at approximately $1,051,000.

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

Insider Activity

In related news, insider Michael J. Katz sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $195.81, for a total value of $979,050.00. Following the completion of the transaction, the insider 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Jon Freier sold 4,799 shares of the firm’s stock in a transaction 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 completion of the sale, the chief operating officer directly owned 217,168 shares of the company’s stock, valued at approximately $41,261,920. This trade represents a 2.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.32% of the stock is currently owned by company insiders.

Key Stories Impacting T-Mobile US

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

• Positive Sentiment: Bank of America upgraded T-Mobile US from neutral to buy, saying the company has strong strategic partnership value, pricing flexibility, and limited exposure to low-Earth-orbit competition. T-Mobile US (NASDAQ:TMUS) Rating Increased to Buy at Bank of America
• Positive Sentiment: Morgan Stanley kept an overweight rating on T-Mobile US, though it lowered its price target to $230 from $260, implying further upside from current levels. Morgan Stanley lowers T-Mobile price target
• Positive Sentiment: Recent coverage suggested T-Mobile is well positioned to withstand broader telecom-sector pressure, with analysts arguing Starlink is unlikely to be a near-term threat to U.S. wireless carriers. Is SpaceX’s Starlink a Real Threat to Verizon and Other Telecom Stocks?
• Positive Sentiment: News flow also highlighted T-Mobile as a beneficiary of industry consolidation and rival distress, which could support its long-term market position. T-Mobile stands to benefit as rival files Chapter 11 bankruptcy
• Neutral Sentiment: Bank of America reiterated a neutral stance in another note, showing that not all analysts have turned fully bullish on the stock. BofA Securities Reiterates ‘Neutral’ Rating on T-Mobile (TMUS)
• Neutral Sentiment: Additional articles pointed to T-Mobile’s appeal to value-focused investors and billionaire Jeffrey Talpins’ filings, but these are more sentiment signals than direct business catalysts. T-Mobile US, Inc. (TMUS) Is A Top Stock In Billionaire Jeffrey Talpins’ Filings

T-Mobile US Price Performance

Shares of NASDAQ:TMUS traded up $6.72 during trading on Tuesday, reaching $188.51. The company had a trading volume of 1,301,197 shares, compared to its average volume of 6,003,603. The firm’s fifty day moving average is $186.09 and its 200 day moving average is $197.09. 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 firm has a market capitalization of $204.00 billion, a PE ratio of 20.06, a price-to-earnings-growth ratio of 1.03 and a beta of 0.33. T-Mobile US, Inc. has a twelve month low of $165.66 and a twelve month high of $261.56.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $22.98 billion. During the same quarter in the previous year, the business earned $2.58 EPS. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. On average, equities analysts forecast that T-Mobile US, Inc. will post 10.65 EPS for the current year.

T-Mobile US Announces Dividend

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

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of recent research reports. Oppenheimer upgraded T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 price objective for the company in a research note on Wednesday, April 29th. Morgan Stanley reduced their price target on shares of T-Mobile US from $260.00 to $230.00 and set an “overweight” rating for the company in a report on Tuesday. The Goldman Sachs Group restated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. Arete Research increased their price objective on shares of T-Mobile US from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Royal Bank Of Canada reduced their target price on shares of T-Mobile US from $255.00 to $240.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, T-Mobile US has a consensus rating of “Moderate Buy” and an average target price of $258.96.

About T-Mobile US

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.