Cyrus J. Lawrence LLC Purchases 43 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Cyrus J. Lawrence LLC increased its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 66,147 shares of the Wireless communications provider’s stock after acquiring an additional 43 shares during the period. T-Mobile US comprises about 2.8% of Cyrus J. Lawrence LLC’s investment portfolio, making the stock its 13th biggest holding. Cyrus J. Lawrence LLC’s holdings in T-Mobile US were worth $14,600,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TMUS. Dunhill Financial LLC grew its holdings in shares of T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after acquiring an additional 56 shares during the period. Rakuten Securities Inc. grew its holdings in shares of T-Mobile US by 93.9% in the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 62 shares during the period. Financial Life Planners bought a new stake in shares of T-Mobile US in the fourth quarter worth $29,000. Legacy Investment Solutions LLC bought a new stake in shares of T-Mobile US in the third quarter worth $34,000. Finally, Bruce G. Allen Investments LLC grew its holdings in shares of T-Mobile US by 79.3% in the fourth quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock worth $36,000 after acquiring an additional 73 shares during the period. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $255.84 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $292.10 billion, a P/E ratio of 26.46, a P/E/G ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $276.49. The business’s 50-day moving average is $248.19 and its 200 day moving average is $230.36.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, equities research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.38%. T-Mobile US’s payout ratio is currently 36.40%.

Insiders Place Their Bets

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now directly owns 3,291 shares of the company’s stock, valued at $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.67% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on TMUS shares. Barclays lifted their target price on T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Morgan Stanley started coverage on T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 target price on the stock. Royal Bank of Canada lifted their target price on T-Mobile US from $245.00 to $260.00 and gave the company a “sector perform” rating in a research report on Friday. KeyCorp downgraded T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 target price on the stock. in a research report on Thursday, December 12th. Finally, Benchmark reiterated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Ten research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $255.80.

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.