Davidson Investment Advisors Increases Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Davidson Investment Advisors has increased its shareholding in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.3% during the fourth quarter, as revealed in its latest Form 13F filing with the Securities and Exchange Commission. After acquiring an additional 1,531 shares during this period, the fund now holds 122,926 shares of T-Mobile US, which constitutes approximately 1.3% of its overall investment portfolio. This makes T-Mobile US the 22nd largest position in Davidson Investment Advisors' portfolio, with holdings valued at around $27,133,000 by the end of the most recent reporting period.

Other Institutional Movements

Other institutional investors have also been making moves with T-Mobile US shares. In the third quarter, Stratos Wealth Advisors LLC increased its stake by 9.1%, bringing its total ownership to 1,835 shares, worth approximately $379,000 after acquiring an additional 153 shares. Similarly, Resonant Capital Advisors LLC raised its holdings by 6.4%, now owning 1,436 shares valued at about $296,000 after purchasing an additional 87 shares. New Century Financial Group LLC saw a significant increase of 31.1% in its holdings, acquiring 1,740 shares worth $359,000 following a purchase of an extra 413 shares. Other firms like Cyndeo Wealth Partners LLC and Vest Financial LLC also established new stakes in T-Mobile US during the same period, representing aggregated institutional ownership of 42.49% of T-Mobile's stock.

Stock Performance Overview

As of Tuesday, NASDAQ TMUS opened at $270.82. Over the past year, T-Mobile US has seen its stock fluctuate, with a low of $158.84 and a high of $271.41. The company holds a quick ratio of 0.83 and a current ratio of 0.91, alongside a debt-to-equity ratio of 1.28. The stock's fifty-day simple moving average stands at $227.66, and its 200-day simple moving average is at $218.93. T-Mobile US boasts a market capitalization of approximately $309.21 billion, with a price-to-earnings (P/E) ratio of 28.01 and a P/E-to-growth (P/E/G) ratio of 1.44. The stock has a beta value of 0.56, indicating its lower volatility compared to the market.

Recent Earnings and Dividends

T-Mobile US recently reported its quarterly earnings on January 29, where it delivered earnings per share (EPS) of $2.57, surpassing the consensus estimate of $2.15 by $0.42. With a return on equity of 18.09% and a net margin of 13.93%, T-Mobile is projected by analysts to achieve an EPS of 10.37 for the current fiscal year. Furthermore, the company has announced a quarterly dividend to be paid on June 22, with stockholders of record as of May 30 set to receive a dividend of $0.88 per share. The annualized dividend amounts to $3.52, resulting in a dividend yield of 1.30%, with a payout ratio currently at 36.40%.

Analyst Ratings and Price Targets

Equity analysts have been active in adjusting their price targets for T-Mobile US shares. On January 30, JPMorgan Chase & Co. raised their price objective from $250.00 to $265.00, providing an "overweight" rating. In addition, BNP Paribas upgraded T-Mobile US to a "strong-buy" rating, while Daiwa America and Barclays increased their respective targets to $250.00. Morgan Stanley began coverage on T-Mobile US, assigning it an "overweight" rating with a target price set at $280.00. Overall, the stock currently enjoys an average rating categorized as "Moderate Buy" based on 7 hold ratings, 13 buy ratings, and 2 strong buy ratings, with an average target price of $251.79.

Insider Trading Activities

Notable insider trading has occurred recently. Director Srikant M. Datar sold 1,000 shares of T-Mobile US on November 29, at an average price of $246.00, amounting to a total transaction value of $246,000.00. Following this transaction, Datar now holds 4,021 shares, valued at approximately $989,166. Furthermore, Director Letitia A. Long sold 1,100 shares on December 13 at an average price of $231.08, totaling $254,188.00. After this sale, she possesses 5,653 shares valued at $1,306,295.24. Over the last ninety days, insiders have sold a total of 3,100 shares of company stock valued at $747,378, representing 0.67% of total shares currently owned by insiders.

About T-Mobile US, Inc.

T-Mobile US, Inc., along with its subsidiaries, offers mobile communication services throughout the United States, Puerto Rico, and the U.S. Virgin Islands. The company provides voice, messaging, and data services across various customer segments, including postpaid, prepaid, and wholesale services. Moreover, it supplies numerous wireless devices such as smartphones, tablets, and home broadband routers, along with accessories and financing options. T-Mobile US also enters into reinsurance agreements for device insurance policies and offers services through its JUMP! On Demand program and High Speed Internet services.

Investment, Stocks, T-Mobile