Concurrent Investment Advisors LLC Increases Holdings in T-Mobile US, Inc. $TMUS

Concurrent Investment Advisors LLC increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 153.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,404 shares of the Wireless communications provider's stock after purchasing an additional 20,231 shares during the quarter. Concurrent Investment Advisors LLC's holdings in T-Mobile US were worth $5,603,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of TMUS. Sei Investments Co. boosted its holdings in shares of 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 raised its holdings in shares of 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 purchasing an additional 3,454 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in T-Mobile US during the second quarter valued at $375,000. Raymond James Financial Inc. lifted 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 valued at $489,420,000 after purchasing an additional 9,568 shares during the period. Finally, Viking Global Investors LP boosted its holdings in 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 during the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS opened at $181.52 on Monday. The business's 50 day moving average price is $181.32 and its 200-day moving average price is $192.31. T-Mobile US, Inc. has a 1 year low of $165.66 and a 1 year high of $255.74. The firm has a market capitalization of $194.71 billion, a price-to-earnings ratio of 19.01, a price-to-earnings-growth ratio of 1.17 and a beta of 0.34. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.92 and a quick ratio of 0.83.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 EPS for the quarter, topping the consensus estimate of $2.59 by $0.40. The company had revenue of $22.79 billion during the quarter, compared to analyst estimates of $22.95 billion. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The firm's revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.84 EPS. On average, equities research analysts forecast that T-Mobile US, Inc. will post 10.82 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be given a $1.02 dividend. The ex-dividend date 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 (DPR) is 42.72%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Scotiabank cut their price target on T-Mobile US from $263.00 to $243.00 and set a "sector outperform" rating on the stock in a research report on Wednesday, July 15th. TD Cowen decreased their price objective on T-Mobile US from $261.00 to $260.00 and set a "buy" rating for the company in a report on Friday, July 24th. Bank of America upgraded T-Mobile US from a "neutral" rating to a "buy" rating and set a $220.00 target price on the stock in a research note on Monday, July 6th. JPMorgan Chase & Co. reaffirmed a "buy" rating on shares of T-Mobile US in a report on Tuesday, May 19th. Finally, Morgan Stanley reduced their price target on T-Mobile US from $260.00 to $230.00 and set an "overweight" rating for the company in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, T-Mobile US has an average rating of "Moderate Buy" and an average target price of $252.08.

Trending Headlines about T-Mobile US

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

• Positive Sentiment: Activist investor Elliott Investment Management reportedly opposes a potential merger involving Deutsche Telekom and is urging the parent company to pursue alternative ways to increase shareholder value. The report could support T-Mobile’s investment case by reducing merger-related uncertainty and keeping the focus on shareholder returns. T-Mobile Stock Rises on Report Elliott Opposes Deutsche Telekom Merger
• Positive Sentiment: Jessica Uhl will join T-Mobile as CFO designate in mid-September and brings senior finance experience from Shell and GE Vernova. Her global operating background may strengthen the company’s financial leadership as T-Mobile continues investing in its wireless network and growth initiatives. T-Mobile US Sets Up CFO Handover With Jessica Uhl Joining In September
• Neutral Sentiment: The transition is planned well in advance: current CFO Peter Osvaldik will remain in the role until February 2027 and work with Uhl during an extended handover. The overlap reduces execution risk, although investors may still be evaluating how Uhl’s priorities will differ from the current finance strategy. T-Mobile CFO Peter Osvaldik to Step Down in February 2027
• Negative Sentiment: The CFO succession announcement may be contributing to near-term pressure on TMUS, as leadership changes can create uncertainty around capital allocation, financial targets and the company’s longer-term strategy, even when the transition is orderly. This comes despite T-Mobile’s recent earnings beat and year-over-year revenue growth. T-Mobile Announces Planned Chief Financial Officer Transition

T-Mobile US 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.

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