8,566 Shares of T-Mobile US, Inc. $TMUS Purchased by Arvest Investments Inc.

Arvest Investments Inc. acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 8,566 shares of the Wireless communications provider's stock, valued at approximately $1,397,000.

Several other institutional investors have also recently made changes to their positions in TMUS. City State Bank increased its stake in shares of T-Mobile US by 21.7% in the third quarter. City State Bank now owns 382 shares of the Wireless communications provider's stock worth $62,000 after purchasing an additional 68 shares in the last quarter. Pinnacle Associates Ltd. lifted its stake in shares of T-Mobile US by 6.0% during the 3rd quarter. Pinnacle Associates Ltd. now owns 14,861 shares of the Wireless communications provider's stock valued at $2,423,000 after buying an additional 835 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of T-Mobile US by 159.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 166,862 shares of the Wireless communications provider's stock valued at $27,212,000 after buying an additional 102,439 shares in the last quarter. Diversify Advisory Services LLC boosted its holdings in T-Mobile US by 15.9% in the 3rd quarter. Diversify Advisory Services LLC now owns 24,648 shares of the Wireless communications provider's stock worth $3,871,000 after buying an additional 3,379 shares during the period. Finally, Louisbourg Investments Inc. boosted its holdings in T-Mobile US by 6.7% in the 3rd quarter. Louisbourg Investments Inc. now owns 60,189 shares of the Wireless communications provider's stock worth $9,816,000 after buying an additional 3,797 shares during the period. Institutional investors own 42.49% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TMUS. Raymond James Financial raised T-Mobile US from a "market perform" rating to an "outperform" rating and set a $170.00 price target on the stock in a report on Monday, October 12th. Royal Bank Of Canada dropped their price objective on T-Mobile US from $240.00 to $230.00 and set an "outperform" rating for the company in a research note on Monday, July 20th. Barclays dropped 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. Bank of America upgraded T-Mobile US from a "neutral" rating to a "buy" rating and set a $220.00 target price for the company in a research report on Monday, July 6th. Finally, KeyCorp decreased their target price on T-Mobile US from $260.00 to $250.00 and set an "overweight" rating on the stock in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, T-Mobile US presently has a consensus rating of "Moderate Buy" and a consensus target price of $244.65.

T-Mobile US Stock Performance

T-Mobile US stock opened at $153.75 on Thursday. The company's 50-day moving average price is $171.59 and its 200-day moving average price is $181.15. T-Mobile US, Inc. has a twelve month low of $147.90 and a twelve month high of $227.89. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 1.48. The company has a market cap of $164.92 billion, a PE ratio of 14.94, a price-to-earnings-growth ratio of 0.98 and a beta of 0.33.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.40. The firm had revenue of $22.79 billion for the quarter, compared to analysts' expectations of $22.95 billion. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The business's revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.84 EPS. On average, equities research analysts forecast that T-Mobile US, Inc. will post 11.17 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 25th will be paid a dividend of $1.17 per share. The ex-dividend date of this dividend is Wednesday, November 25th. This is an increase from T-Mobile US's previous quarterly dividend of $1.02. This represents a $4.68 annualized dividend and a yield of 3.0%. T-Mobile US's payout ratio is presently 42.72%.

Trending Headlines about T-Mobile US

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

• Positive Sentiment: T-Mobile’s completion of what it and NVIDIA described as the world’s first AI Radio Access Network call on a commercial mobile network strengthens its position in next-generation telecom infrastructure. The collaboration with NVIDIA and Nokia could create future network-efficiency and enterprise-revenue opportunities. How Is NVIDIA Expanding AI-Powered Telecom Networks Following T-Mobile’s First AI-RAN Call?
• Positive Sentiment: NVIDIA CEO Jensen Huang identified a potential 100-gigawatt distributed data-center opportunity across roughly 100,000 telecom sites, with T-Mobile among the companies already pursuing the market. This supports the longer-term investment case for T-Mobile’s AI and network strategy. NVIDIA’s Jensen Huang Sees 100GW AI Opportunity in Telecom Networks
• Neutral Sentiment: T-Mobile is expected to report quarterly results on Wednesday, making subscriber growth, wireless service revenue, cash flow and guidance key near-term catalysts for the stock. T-Mobile US Expected to Release Quarterly Earnings
• Neutral Sentiment: The company’s fiber strategy could increase customer retention and add recurring home-internet revenue, but investors are watching whether expansion can be funded without excessive shareholder cash consumption. Can Fiber Grow Without Consuming Too Much Shareholder Cash?
• Negative Sentiment: Telecom shares broadly weakened even after AT&T delivered an earnings beat and raised its outlook, suggesting sector-wide risk reduction rather than a T-Mobile-specific earnings disappointment. AT&T Sinks Despite Q3 Beat and Raised Outlook
• Negative Sentiment: Elon Musk’s renewed promotion of Starlink highlights potential long-term competition to traditional wireless providers, including T-Mobile, particularly in rural connectivity and satellite-to-device services. Elon Musk Says Starlink Is Rewriting Telecom

Insider Transactions at T-Mobile US

In other T-Mobile US news, CAO Daniel James Drobac sold 772 shares of the company's stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $178.33, for a total transaction of $137,670.76. Following the sale, the chief accounting officer directly owned 35,118 shares in the company, valued at $6,262,592.94. This represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.32% of the stock is currently owned by company insiders.

T-Mobile US Company 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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