T-Mobile US, Inc. $TMUS Shares Sold by Lyell Wealth Management LP

Lyell Wealth Management LP cut its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 45.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,883 shares of the Wireless communications provider’s stock after selling 14,853 shares during the period. Lyell Wealth Management LP’s holdings in T-Mobile US were worth $2,916,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of TMUS. Main Street Group LTD acquired a new position in T-Mobile US in the 1st quarter worth about $25,000. Paladin Partners LLC acquired a new stake in T-Mobile US in the second quarter valued at approximately $25,000. Dunhill Financial LLC acquired a new stake in T-Mobile US in the second quarter valued at approximately $27,000. Highland Investment Advisors LLC acquired a new stake in T-Mobile US in the second quarter valued at approximately $30,000. Finally, Sachetta LLC increased its position in shares of T-Mobile US by 52.9% in the first quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock valued at $33,000 after buying an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

More T-Mobile US News

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: A recent analysis highlighted T-Mobile’s earnings growth, revenue beat, raised guidance, share repurchases and dividend increase, arguing the company’s fundamentals and valuation remain attractive despite slower postpaid subscriber additions. Article: T-Mobile: Headwinds Continue To Overshadow Strong Growth And The 3 Percent Yield
• Positive Sentiment: T-Mobile reported substantial cybersecurity improvements, including sharp reductions in successful SIM-swap attacks and phishing-related credential compromises. Better security could help protect customer trust and reduce operational risk. Article: T-Mobile Opens Up on Its Cybersecurity Transformation in New Report
• Neutral Sentiment: The company is launching holiday device discounts and promotions across its brands, including phone and home-internet offers. These may support customer acquisition, though discounting could also pressure margins. Article: T-Mobile Brings More to the Holiday Mix
• Negative Sentiment: Bloomberg reported that Deutsche Telekom’s plans to combine with its U.S. arm have hit a snag, casting doubt on a major potential transaction. The uncertainty may weigh on expectations for a deal-related catalyst. Article: Deutsche Telekom Said to Hit Brakes on T-Mobile Merger
• Negative Sentiment: Reports that SpaceX may acquire or integrate with Boost Mobile raise the prospect of a new satellite-and-cellular competitor. Boost’s reliance on network leases, including from T-Mobile, creates execution hurdles, but the possibility is adding competitive pressure to telecom shares. Article: SpaceX Starlink’s Telecom Ground Game Takes Shape

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Moffett Nathanson upped their target price on T-Mobile US from $242.00 to $246.00 and gave the stock a “buy” rating in a research note on Tuesday, September 22nd. Raymond James Financial raised shares of T-Mobile US from a “market perform” rating to an “outperform” rating and set a $170.00 price target on the stock in a research note on Monday, October 12th. The Goldman Sachs Group cut their price target on shares of T-Mobile US from $230.00 to $211.00 and set a “buy” rating for the company in a report on Friday, September 25th. Wolfe Research cut shares of T-Mobile US from an “outperform” rating to a “peer perform” rating in a research report on Friday, August 14th. Finally, Scotiabank increased their price objective on shares of T-Mobile US from $212.00 to $214.00 and gave the company a “sector outperform” rating in a report on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $238.25.

T-Mobile US Trading Down 3.6%

TMUS stock opened at $154.41 on Wednesday. T-Mobile US, Inc. has a 12-month low of $143.75 and a 12-month high of $224.75. The business’s 50-day moving average is $166.10 and its 200 day moving average is $186.58. The company has a current ratio of 0.91, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. The stock has a market cap of $163.56 billion, a price-to-earnings ratio of 14.90, a PEG ratio of 0.93 and a beta of 0.40.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, October 28th. The Wireless communications provider reported $3.22 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.33. T-Mobile US had a return on equity of 21.47% and a net margin of 12.05%. The business had revenue of $23.58 billion during the quarter, compared to analysts’ expectations of $23.15 billion. During the same quarter in the prior year, the firm earned $2.41 earnings per share. The business’s revenue was up 7.4% compared to the same quarter last year. On average, sell-side analysts anticipate that T-Mobile US, Inc. will post 11.44 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 25th will be paid a $1.17 dividend. This is a boost from T-Mobile US’s previous quarterly dividend of $1.02. This represents a $4.68 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, November 25th. T-Mobile US’s dividend payout ratio is presently 39.38%.

Insider Activity at T-Mobile US

In related news, CAO Daniel James Drobac sold 772 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $178.33, for a total transaction of $137,670.76. Following the completion of the sale, the chief accounting officer directly owned 35,118 shares in the company, valued at approximately $6,262,592.94. The trade was a 2.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.32% of the company’s stock.

T-Mobile US Profile

T-Mobile US, Inc (NASDAQ: TMUS) is a wireless communications company that provides mobile voice, messaging and data services to consumers, businesses and government customers in the United States, Puerto Rico and the U.S. Virgin Islands. Its offerings include postpaid and prepaid wireless plans, connected devices, broadband internet and other communications services.

The company operates a nationwide wireless network, including 5G services, and sells smartphones, tablets, connected devices and related accessories through retail stores, online channels and third-party distributors.