42,138 Shares in T-Mobile US, Inc. $TMUS Bought by Associated Banc Corp

Associated Banc Corp bought a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 42,138 shares of the Wireless communications provider's stock, valued at approximately $6,872,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. First National Bank of Mount Dora Trust Investment Services increased its holdings in shares of T-Mobile US by 34.8% during the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 59,958 shares of the Wireless communications provider's stock worth $12,593,000 after buying an additional 15,495 shares during the last quarter. Perpetual Ltd raised its holdings in shares of T-Mobile US by 140.1% during the 3rd quarter. Perpetual Ltd now owns 11,168 shares of the Wireless communications provider's stock valued at $1,821,000 after buying an additional 6,517 shares during the period. Liontrust Investment Partners LLP raised its stake in shares of T-Mobile US by 46.0% during the first quarter. Liontrust Investment Partners LLP now owns 57,402 shares of the Wireless communications provider's stock valued at $12,056,000 after purchasing an additional 18,075 shares during the period. Plato Investment Management Ltd acquired a new position in T-Mobile US in the 2nd quarter worth $5,870,000. Finally, Paralel Advisors LLC acquired a new position in shares of T-Mobile US in the second quarter worth about $1,846,000. Institutional investors and hedge funds own 42.49% of the company's stock.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $154.41 on Wednesday. The company's fifty day moving average is $166.10 and its two-hundred day moving average is $186.58. The company has a quick ratio of 0.78, a current ratio of 0.91 and a debt-to-equity ratio of 1.45. T-Mobile US, Inc. has a 12-month low of $143.75 and a 12-month high of $224.75. The company has a market cap of $163.56 billion, a P/E ratio of 14.31, a price-to-earnings-growth ratio of 0.93 and a beta of 0.40.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its earnings results on Wednesday, October 28th. The Wireless communications provider reported $3.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.89 by $0.33. The company had revenue of $23.58 billion during the quarter, compared to analyst estimates of $23.15 billion. T-Mobile US had a return on equity of 21.47% and a net margin of 12.05%. The company's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.41 earnings per share. Equities analysts expect that T-Mobile US, Inc. will post 11.44 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors 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 annualized dividend and a yield of 3.0%. 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 39.38%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of T-Mobile US in a research note on Friday, September 11th. Barclays lowered their price objective on T-Mobile US from $215.00 to $200.00 and set an "overweight" rating for the company in a research note on Tuesday, September 29th. Scotiabank raised their price target on shares of T-Mobile US from $212.00 to $214.00 and gave the company a "sector outperform" rating in a research note on Thursday, October 29th. Raymond James Financial upgraded shares of T-Mobile US from a "market perform" rating to an "outperform" rating and set a $170.00 price objective on the stock in a research note on Monday, October 12th. Finally, Moffett Nathanson upped their target price on T-Mobile US from $242.00 to $246.00 and gave the stock a "buy" rating in a research report on Tuesday, September 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, T-Mobile US currently has a consensus rating of "Moderate Buy" and a consensus target price of $238.25.

T-Mobile US News Summary

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

• Positive Sentiment: A recent analysis highlighted T-Mobile’s earnings growth, revenue beat, raised guidance, share repurchases and dividend increase, arguing the company’s fundamentals and valuation remain attractive despite slower postpaid subscriber additions. Article: T-Mobile: Headwinds Continue To Overshadow Strong Growth And The 3 Percent Yield
• Positive Sentiment: T-Mobile reported substantial cybersecurity improvements, including sharp reductions in successful SIM-swap attacks and phishing-related credential compromises. Better security could help protect customer trust and reduce operational risk. Article: T-Mobile Opens Up on Its Cybersecurity Transformation in New Report
• Neutral Sentiment: The company is launching holiday device discounts and promotions across its brands, including phone and home-internet offers. These may support customer acquisition, though discounting could also pressure margins. Article: T-Mobile Brings More to the Holiday Mix
• Negative Sentiment: Bloomberg reported that Deutsche Telekom’s plans to combine with its U.S. arm have hit a snag, casting doubt on a major potential transaction. The uncertainty may weigh on expectations for a deal-related catalyst. Article: Deutsche Telekom Said to Hit Brakes on T-Mobile Merger
• Negative Sentiment: Reports that SpaceX may acquire or integrate with Boost Mobile raise the prospect of a new satellite-and-cellular competitor. Boost’s reliance on network leases, including from T-Mobile, creates execution hurdles, but the possibility is adding competitive pressure to telecom shares. Article: SpaceX Starlink’s Telecom Ground Game Takes Shape

Insider Transactions at T-Mobile US

In other T-Mobile US news, CAO Daniel James Drobac sold 772 shares of the firm's stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $178.33, for a total transaction of $137,670.76. Following the completion of the sale, the chief accounting officer directly owned 35,118 shares in the company, valued at approximately $6,262,592.94. This trade represents a 2.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.32% of the company's stock.

T-Mobile US Profile

T-Mobile US, Inc NASDAQ: TMUS is a wireless communications company that provides mobile voice, messaging and data services to consumers, businesses and government customers in the United States, Puerto Rico and the U.S. Virgin Islands. Its offerings include postpaid and prepaid wireless plans, connected devices, broadband internet and other communications services.

The company operates a nationwide wireless network, including 5G services, and sells smartphones, tablets, connected devices and related accessories through retail stores, online channels and third-party distributors.

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