T-Mobile US, Inc. $TMUS Shares Sold by Aware Super Pty Ltd as trustee of Aware Super

Aware Super Pty Ltd as trustee of Aware Super cut its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 12.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 107,777 shares of the Wireless communications provider's stock after selling 15,632 shares during the period. Aware Super Pty Ltd as trustee of Aware Super's holdings in T-Mobile US were worth $17,576,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. BlackRock Inc. acquired a new stake in shares of T-Mobile US in the 2nd quarter valued at approximately $6,625,275,000. Bank of New York Mellon Corp bought a new position in T-Mobile US in the 2nd quarter valued at about $839,194,000. Amundi increased its stake in shares of T-Mobile US by 40.6% during the first quarter. Amundi now owns 3,679,795 shares of the Wireless communications provider's stock worth $772,867,000 after purchasing an additional 1,062,643 shares during the period. Bank of America Corp DE acquired a new stake in shares of T-Mobile US during the second quarter worth $758,977,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in T-Mobile US by 1.1% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,076,380 shares of the Wireless communications provider's stock worth $683,731,000 after purchasing an additional 43,783 shares in the last quarter. Institutional investors own 42.49% of the company's stock.

Insiders Place Their Bets

In other T-Mobile US news, CAO Daniel James Drobac sold 772 shares of the stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $178.33, for a total value of $137,670.76. Following the transaction, the chief accounting officer owned 35,118 shares in the company, valued at approximately $6,262,592.94. This represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.32% of the company's stock.

T-Mobile US News Roundup

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

T-Mobile US Trading Down 3.6%

TMUS opened at $154.41 on Wednesday. T-Mobile US, Inc. has a 1-year low of $143.75 and a 1-year high of $224.75. The company has a current ratio of 0.91, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. The company has a market cap of $163.56 billion, a P/E ratio of 14.90, a price-to-earnings-growth ratio of 0.93 and a beta of 0.40. The company has a fifty day moving average price of $166.10 and a two-hundred day moving average price of $186.58.

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

T-Mobile US Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 25th will be paid a dividend of $1.17 per share. This is an increase from T-Mobile US's previous quarterly dividend of $1.02. The ex-dividend date of this dividend is Wednesday, November 25th. This represents a $4.68 dividend on an annualized basis and a yield of 3.0%. T-Mobile US's dividend payout ratio (DPR) is currently 39.38%.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Wolfe Research lowered T-Mobile US from an "outperform" rating to a "peer perform" rating in a report on Friday, August 14th. KeyCorp cut their price objective on T-Mobile US from $250.00 to $240.00 and set an "overweight" rating on the stock in a report on Thursday, October 29th. JPMorgan Chase & Co. reduced their target price on shares of T-Mobile US from $260.00 to $235.00 and set an "overweight" rating on the stock in a report on Thursday, October 29th. TD Cowen decreased their price target on T-Mobile US from $260.00 to $258.00 and set a "buy" rating for the company in a research note on Thursday, October 29th. Finally, Barclays dropped their target price on shares of T-Mobile US from $215.00 to $200.00 and set an "overweight" rating on the stock in a report on Tuesday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $238.25.

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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