T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Lyell Wealth Management LP

Lyell Wealth Management LP grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,607 shares of the Wireless communications provider’s stock after buying an additional 675 shares during the quarter. Lyell Wealth Management LP’s holdings in T-Mobile US were worth $6,094,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. JSF Financial LLC boosted its holdings in T-Mobile US by 0.9% in the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock valued at $1,117,000 after purchasing an additional 44 shares during the period. KPP Advisory Services LLC boosted its holdings in T-Mobile US by 2.6% in the third quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock valued at $360,000 after purchasing an additional 45 shares during the period. DT Investment Partners LLC boosted its holdings in T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 47 shares during the period. D Orazio & Associates Inc. boosted its holdings in T-Mobile US by 3.7% in the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock valued at $290,000 after purchasing an additional 47 shares during the period. Finally, Warren Street Wealth Advisors LLC boosted its holdings in T-Mobile US by 4.3% in the fourth quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock valued at $252,000 after purchasing an additional 47 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on TMUS shares. Royal Bank of Canada lifted their target price on T-Mobile US from $240.00 to $245.00 and gave the company a “sector perform” rating in a report on Thursday, January 30th. JPMorgan Chase & Co. lifted their target price on T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Oppenheimer lifted their price target on T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Scotiabank lifted their price target on T-Mobile US from $234.00 to $247.00 and gave the stock a “sector perform” rating in a report on Thursday, January 30th. Finally, TD Cowen lifted their price target on T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $251.79.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $263.21 on Wednesday. The stock has a market capitalization of $300.52 billion, a PE ratio of 27.22, a price-to-earnings-growth ratio of 1.58 and a beta of 0.56. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $271.41. The stock’s 50-day moving average price is $229.10 and its 200 day moving average price is $220.05. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, equities research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.34%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is 36.40%.

Insiders Place Their Bets

In other news, Director Andre Almeida purchased 3,808 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the acquisition, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the sale, the director now owns 5,021 shares in the company, valued at approximately $1,241,140.99. This represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,100 shares of company stock worth $747,378. Company insiders own 0.67% of the company’s stock.

T-Mobile US Company Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.