LexAurum Advisors LLC Boosts Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

LexAurum Advisors LLC grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 267.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,888 shares of the Wireless communications provider’s stock after purchasing an additional 6,471 shares during the quarter. LexAurum Advisors LLC’s holdings in T-Mobile US were worth $1,962,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Barclays PLC increased its position in T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after buying an additional 876,182 shares in the last quarter. International Assets Investment Management LLC raised its position in shares of T-Mobile US by 21,580.9% in the 3rd quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider’s stock valued at $51,586,000 after purchasing an additional 248,828 shares during the last quarter. Trust Co. of Vermont boosted its stake in T-Mobile US by 11.9% in the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock worth $5,954,000 after purchasing an additional 2,865 shares in the last quarter. Swedbank AB boosted its stake in T-Mobile US by 5.1% in the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock worth $52,631,000 after purchasing an additional 12,411 shares in the last quarter. Finally, Passumpsic Savings Bank acquired a new position in T-Mobile US during the 3rd quarter valued at approximately $2,634,000. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Trading Down 1.0 %

Shares of TMUS stock opened at $216.04 on Friday. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $248.15. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The stock’s fifty day moving average is $227.70 and its two-hundred day moving average is $211.31. The firm has a market capitalization of $250.71 billion, a P/E ratio of 24.63, a PEG ratio of 1.08 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The firm had revenue of $20.16 billion for the quarter, compared to the consensus estimate of $20.01 billion. During the same period last year, the firm posted $1.82 earnings per share. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. Research analysts expect that T-Mobile US, Inc. will post 9.3 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio is currently 40.14%.

Analyst Upgrades and Downgrades

TMUS has been the subject of several research reports. Benchmark lifted their price objective on shares of T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Raymond James downgraded T-Mobile US from an “outperform” rating to a “market perform” rating in a research note on Friday, October 25th. Sanford C. Bernstein began coverage on T-Mobile US in a research note on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price objective for the company. TD Cowen upped their target price on T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Finally, Royal Bank of Canada lowered shares of T-Mobile US from an “outperform” rating to a “sector perform” rating and reduced their price target for the stock from $255.00 to $240.00 in a research report on Monday, January 6th. Seven equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, T-Mobile US has a consensus rating of “Moderate Buy” and an average price target of $245.74.

Insider Activity

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction 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 directly owns 5,021 shares in the company, valued at $1,241,140.99. This represents a 16.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Raul Marcelo Claure sold 110,000 shares of T-Mobile US stock in a transaction on Monday, November 4th. The stock was sold at an average price of $224.30, for a total value of $24,673,000.00. Following the transaction, the director now owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. This represents a 7.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 144,200 shares of company stock worth $32,736,303 over the last ninety days. Corporate insiders own 0.67% of the company’s stock.

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.