T-Mobile US, Inc.

(NASDAQ Global Select)
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Somewhat Bullish +45

T-Mobile US, Inc. $TMUS Holdings Raised by Cornerstone Wealth Group LLC

AI-generated analysis

πŸ“ˆ Cornerstone Wealth Group LLC raised its TMUS holdings by 33.1% in Q1 to own 25,450 shares valued at $4.97 million.

🏦 Multiple large institutions including Quilter Plc, CI Investments Inc., and Swiss National Bank increased their stakes in T-Mobile US recently.

πŸ’° T-Mobile reported Q1 revenue of $23.11 billion, up 10.6% year-over-year, beating analyst estimates of $22.98 billion.

πŸ“Š The company achieved $2.27 EPS, exceeding the consensus estimate of $2.01 with a net margin of 11.65%.

πŸ’΅ A quarterly dividend of $1.02 per share was declared, offering a 2.2% yield to shareholders.

πŸ“‰ UBS Group lowered its price target from $300.00 to $255.00 while maintaining a Buy rating.

πŸ” Analyst consensus remains Moderate Buy with an average price target of $260.27 based on MarketBeat data.

πŸ‘€ Insider Michael J. Katz sold 5,000 shares for $979,050, reducing his ownership by 2.67%.

πŸ“ˆ Insider Andre Almeida purchased 5,097 shares for $999,929, increasing his ownership by 12.82%.

🏒 Institutional ownership of T-Mobile US stands at 42.49% as of the latest reporting period.

Bullish Signals
  • T-Mobile US beat earnings expectations with $2.27 EPS versus a consensus of $2.01, demonstrating strong operational performance.
  • Revenue grew by 10.6% year-over-year to $23.11 billion, indicating robust demand for the company's wireless services.
  • Multiple major institutional investors including Cornerstone Wealth Group LLC and Swiss National Bank increased their holdings significantly.
  • The company maintains a healthy dividend yield of 2.2% with a sustainable payout ratio of 43.40%.
  • Analyst ratings are predominantly positive, with 23 out of 30 analysts rating the stock as Buy or Strong Buy.
Risk Factors
  • UBS Group reduced its price target on T-Mobile US from $300.00 to $255.00, signaling some caution among analysts.
  • Insider Michael J. Katz sold a significant portion of his holdings, reducing ownership by 2.67% in a single transaction.
Full Analysis
Cornerstone Wealth Group LLC increased its stake in T-Mobile US, Inc. (TMUS) by 33.1% during the first quarter, acquiring an additional 6,324 shares to hold a total of 25,450 shares valued at $4.97 million. This move aligns with several other major institutional investors who recently boosted their positions, including Quilter Plc, CI Investments Inc., Swiss National Bank, Thrivent Financial for Lutherans, and CSM Advisors LLC, indicating sustained institutional interest in the wireless carrier. T-Mobile US reported strong financial performance following its earnings release on April 28th, with revenue reaching $23.11 billion, a 10.6% year-over-year increase that beat analyst expectations of $22.98 billion. The company posted earnings per share (EPS) of $2.27, surpassing the consensus estimate of $2.01, while maintaining a net margin of 11.65% and a return on equity of 19.47%. Analysts currently anticipate an average EPS of $10.65 for the current year. The company recently declared a quarterly dividend of $1.02 per share, payable on September 10th to stockholders of record as of August 28th, representing a 2.2% dividend yield and a payout ratio of 43.40%. Analyst sentiment remains mixed but generally positive, with ratings ranging from Strong Buy to Hold and an average price target of $260.27, though some firms like UBS Group recently lowered their price targets.