Syon Capital LLC Has $641,000 Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Syon Capital LLC raised its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 20.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,997 shares of the Wireless communications provider’s stock after buying an additional 682 shares during the period. Syon Capital LLC’s holdings in T-Mobile US were worth $641,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Clearbridge Investments LLC raised its stake in T-Mobile US by 243.9% during the third quarter. Clearbridge Investments LLC now owns 2,920,668 shares of the Wireless communications provider’s stock worth $409,040,000 after buying an additional 2,071,489 shares during the last quarter. Canada Pension Plan Investment Board raised its holdings in shares of T-Mobile US by 90.5% during the third quarter. Canada Pension Plan Investment Board now owns 2,506,127 shares of the Wireless communications provider’s stock valued at $350,983,000 after purchasing an additional 1,190,813 shares during the period. Third Point LLC acquired a new position in shares of T-Mobile US during the third quarter valued at about $140,050,000. Royal Bank of Canada raised its holdings in shares of T-Mobile US by 7.1% during the third quarter. Royal Bank of Canada now owns 10,505,308 shares of the Wireless communications provider’s stock valued at $1,471,269,000 after purchasing an additional 693,443 shares during the period. Finally, Principal Financial Group Inc. raised its holdings in shares of T-Mobile US by 67.3% during the third quarter. Principal Financial Group Inc. now owns 1,614,036 shares of the Wireless communications provider’s stock valued at $226,046,000 after purchasing an additional 649,178 shares during the period. Institutional investors own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of $162.58, for a total value of $30,836,548.60. Following the completion of the transaction, the director now directly owns 678,865,721 shares of the company’s stock, valued at $110,369,988,920.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of $162.58, for a total value of $30,836,548.60. Following the completion of the sale, the director now directly owns 678,865,721 shares in the company, valued at $110,369,988,920.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Teresa Taylor sold 12,022 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $161.80, for a total transaction of $1,945,159.60. Following the sale, the director now owns 13,014 shares of the company’s stock, valued at $2,105,665.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 5,800,979 shares of company stock valued at $940,632,554. Company insiders own 0.70% of the company’s stock.

T-Mobile US Price Performance

NASDAQ TMUS traded down $0.09 on Friday, hitting $163.96. The stock had a trading volume of 7,937,104 shares, compared to its average volume of 4,564,182. T-Mobile US, Inc. has a 52-week low of $124.92 and a 52-week 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 company has a market capitalization of $194.60 billion, a price-to-earnings ratio of 23.64, a price-to-earnings-growth ratio of 0.68 and a beta of 0.49. The firm has a 50-day moving average of $162.44 and a 200-day moving average of $156.81.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.17. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The firm had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. During the same quarter in the prior year, the firm earned $1.58 EPS. The business’s revenue for the quarter was down .2% compared to the same quarter last year. Equities analysts expect that T-Mobile US, Inc. will post 8.83 EPS for the current year.

T-Mobile US Announces Dividend

The business 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 is 37.52%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on TMUS shares. Royal Bank of Canada boosted their target price on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a research report on Friday. Wells Fargo & Company boosted their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, January 22nd. Benchmark reissued a “buy” rating and set a $200.00 target price on shares of T-Mobile US in a research report on Friday, January 26th. Tigress Financial boosted their target price on shares of T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, February 8th. Finally, TD Cowen reduced their price objective on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a research report on Friday. One investment analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, T-Mobile US has a consensus rating of “Buy” and an average target price of $186.33.

T-Mobile US 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.