Syon Capital LLC Boosts Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Syon Capital LLC boosted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 20.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,997 shares of the Wireless communications provider’s stock after purchasing an additional 682 shares during the quarter. Syon Capital LLC’s holdings in T-Mobile US were worth $641,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. BluePath Capital Management LLC acquired a new position in shares of T-Mobile US in the third quarter worth $26,000. Valley National Advisers Inc. raised its holdings in shares of T-Mobile US by 232.1% in the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 123 shares during the last quarter. Baker Avenue Asset Management LP raised its holdings in shares of T-Mobile US by 63.3% in the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after acquiring an additional 81 shares during the last quarter. Bay Harbor Wealth Management LLC acquired a new position in shares of T-Mobile US in the fourth quarter worth $34,000. Finally, Raleigh Capital Management Inc. raised its holdings in shares of T-Mobile US by 54.5% in the third quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock worth $36,000 after acquiring an additional 90 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 194,910 shares of the firm’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $161.85, for a total transaction of $31,546,183.50. Following the transaction, the director now directly owns 689,930,831 shares in the company, valued at $111,665,304,997.35. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, Director Teresa Taylor sold 12,022 shares of the company’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $161.80, for a total value of $1,945,159.60. Following the completion of the transaction, the director now directly owns 13,014 shares of the company’s stock, valued at approximately $2,105,665.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Telekom Ag Deutsche sold 194,910 shares of the stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $161.85, for a total transaction of $31,546,183.50. Following the transaction, the director now owns 689,930,831 shares of the company’s stock, valued at $111,665,304,997.35. The disclosure for this sale can be found here. Insiders sold a total of 5,800,979 shares of company stock valued at $940,632,554 over the last quarter. Company insiders own 0.70% of the company’s stock.

T-Mobile US Stock Performance

Shares of T-Mobile US stock traded down $0.09 on Friday, reaching $163.96. 7,937,104 shares of the company were exchanged, compared to its average volume of 4,564,182. T-Mobile US, Inc. has a 1-year low of $124.92 and a 1-year high of $168.64. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. The firm has a market cap of $194.60 billion, a price-to-earnings ratio of 23.64, a P/E/G ratio of 0.68 and a beta of 0.49. The company’s 50-day moving average is $162.44 and its two-hundred day moving average is $156.81.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.17. The firm had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The firm’s quarterly revenue was down .2% on a year-over-year basis. During the same period last year, the company posted $1.58 EPS. As a group, research analysts expect that T-Mobile US, Inc. will post 8.83 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be given a $0.65 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 annualized dividend and a dividend yield of 1.59%. T-Mobile US’s dividend payout ratio (DPR) is presently 37.52%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Benchmark reissued a “buy” rating and issued a $200.00 price target on shares of T-Mobile US in a report on Friday, January 26th. KeyCorp upped their target price on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday. Wells Fargo & Company upped their target price on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Monday, January 22nd. Tigress Financial upped their target price on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $190.00 target price on shares of T-Mobile US in a research note on Wednesday, April 3rd. One analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US presently has an average rating of “Buy” and an average target price of $186.33.

About T-Mobile US

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.