National Pension Service Has $268.82 Million Holdings in T-Mobile US, Inc. $TMUS

Key Points

• National Pension Service increased its T-Mobile US stake by 9.8% in the fourth quarter, ending with 1,323,952 shares valued at about $268.8 million.
• T-Mobile reported better-than-expected quarterly results, posting EPS of $2.27 versus $2.01 expected and revenue of $23.11 billion, up 10.6% year over year.
• The company declared a quarterly dividend of $1.02 per share and continues to attract generally positive analyst coverage, with a consensus rating of Moderate Buy and an average price target of $260.48.

National Pension Service raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 9.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,323,952 shares of the Wireless communications provider's stock after purchasing an additional 118,230 shares during the quarter. National Pension Service owned approximately 0.12% of T-Mobile US worth $268,815,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Garde Capital Inc. increased its position in T-Mobile US by 21.7% during the 4th quarter. Garde Capital Inc. now owns 19,918 shares of the Wireless communications provider's stock valued at $4,044,000 after purchasing an additional 3,558 shares during the period. Inspire Trust Co. N.A. increased its position in T-Mobile US by 27.8% during the 4th quarter. Inspire Trust Co. N.A. now owns 23,000 shares of the Wireless communications provider's stock valued at $4,670,000 after purchasing an additional 5,000 shares during the period. Rothschild Investment LLC increased its position in T-Mobile US by 5.0% during the 4th quarter. Rothschild Investment LLC now owns 1,356 shares of the Wireless communications provider's stock valued at $275,000 after purchasing an additional 65 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in T-Mobile US by 0.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 70,996 shares of the Wireless communications provider's stock valued at $14,415,000 after purchasing an additional 405 shares during the period. Finally, Ilmarinen Mutual Pension Insurance Co increased its position in T-Mobile US by 27.3% during the 4th quarter. Ilmarinen Mutual Pension Insurance Co now owns 126,460 shares of the Wireless communications provider's stock valued at $25,676,000 after purchasing an additional 27,100 shares during the period. Institutional investors and hedge funds own 42.49% of the company's stock.

Insider Transactions at T-Mobile US

In other news, insider Andre Almeida bought 5,097 shares of the business's stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average cost of $196.18 per share, for a total transaction of $999,929.46. Following the acquisition, the insider directly owned 44,850 shares in the company, valued at approximately $8,798,673. This trade represents a 12.82% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Jon Freier sold 4,799 shares of the 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 transaction, the chief operating officer owned 217,168 shares in the company, valued at approximately $41,261,920. This represents a 2.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 13,090 shares of company stock valued at $2,618,500 in the last 90 days. 0.37% of the stock is currently owned by company insiders.

More T-Mobile US News

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

• Positive Sentiment: T-Mobile announced a multi-year partnership with the USGA, making it the Official 5G Network Partner for major championships and showcasing its network capabilities. T-Mobile Brings America's Best Network to the USGA
• Neutral Sentiment: An industry article suggested T-Mobile’s joint venture with AT&T and Verizon to improve direct-to-device coverage could also create opportunities for AST SpaceMobile, but the impact on TMUS itself appears indirect. AST SpaceMobile Could Benefit From A Major Telecom Industry Initiative
• Negative Sentiment: Reports about store closures, layoffs, and a controversial internal memo may reinforce concerns that T-Mobile’s digital-first transition could pressure customer service or create execution risk. T-Mobile quietly makes significant store changes after layoffs
• Negative Sentiment: Insider selling by COO Jon Freier, while pre-planned under a 10b5-1 program, can still weigh on sentiment in the near term. T-Mobile US COO Sells $911,810.00 in Stock

T-Mobile US Price Performance

T-Mobile US stock opened at $189.01 on Friday. The stock's 50 day moving average price is $196.71 and its two-hundred day moving average price is $201.83. T-Mobile US, Inc. has a 52-week low of $181.36 and a 52-week high of $261.56. 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 stock has a market capitalization of $204.55 billion, a price-to-earnings ratio of 20.11, a PEG ratio of 1.11 and a beta of 0.33.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share 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 business had revenue of $23.11 billion for the quarter, compared to the consensus estimate of $22.98 billion. During the same period in the prior year, the business earned $2.58 EPS. The firm's revenue for the quarter was up 10.6% on a year-over-year basis. On average, equities analysts predict that T-Mobile US, Inc. will post 10.65 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, May 29th. T-Mobile US's dividend payout ratio is 43.40%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TMUS. Weiss Ratings reissued a "hold (c+)" rating on shares of T-Mobile US in a research report on Friday, April 10th. UBS Group restated a "buy" rating on shares of T-Mobile US in a report on Wednesday, April 29th. The Goldman Sachs Group restated a "buy" rating on shares of T-Mobile US in a report on Wednesday, April 29th. Daiwa Securities Group upgraded T-Mobile US from a "neutral" rating to an "outperform" rating and set a $240.00 price target on the stock in a report on Thursday, February 19th. Finally, TD Cowen increased their price target on T-Mobile US from $252.00 to $261.00 and gave the stock a "buy" rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $260.48.

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.

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