T-Mobile US, Inc. $TMUS Shares Sold by Entropy Technologies LP

Entropy Technologies LP decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 22.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,093 shares of the Wireless communications provider’s stock after selling 8,024 shares during the quarter. Entropy Technologies LP’s holdings in T-Mobile US were worth $5,900,000 as of its most recent SEC filing.

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

T-Mobile US News Roundup

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 Trading Up 5.7%

TMUS opened at $180.09 on Friday. The stock has a market capitalization of $194.89 billion, a PE ratio of 18.86, a P/E/G ratio of 1.06 and a beta of 0.33. T-Mobile US, Inc. has a one year low of $165.66 and a one year high of $261.56. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.97 and a current ratio of 0.92. The business’s 50 day moving average price is $184.53 and its 200 day moving average price is $195.66.

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

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be issued 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 is currently 42.72%.

Insider Buying and Selling

In other T-Mobile US news, insider Michael J. Katz sold 5,000 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $195.81, for a total value of $979,050.00. Following the transaction, the insider owned 181,930 shares of the company’s stock, valued at $35,623,713.30. This represents a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Andre Almeida bought 5,097 shares of the stock in a transaction 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 purchase, the insider owned 44,850 shares of the company’s stock, valued at $8,798,673. This trade represents a 12.82% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 0.32% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on TMUS shares. The Goldman Sachs Group reiterated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. Morgan Stanley dropped their target price on T-Mobile US from $260.00 to $230.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of T-Mobile US in a research note on Tuesday, May 19th. UBS Group reduced their price target on T-Mobile US from $300.00 to $255.00 and set a “buy” rating on the stock in a report on Monday, June 22nd. Finally, Arete Research boosted their price target on shares of T-Mobile US from $295.00 to $300.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. One 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. According to data from MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and an average price target of $252.88.

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.