T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $23,643,950.76 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 133,461 shares of the firm’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of $177.16, for a total transaction of $23,643,950.76. Following the completion of the sale, the director now owns 671,345,972 shares in the company, valued at approximately $118,935,652,399.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Telekom Ag Deutsche also recently made the following trade(s):

• On Friday, June 14th, Telekom Ag Deutsche sold 135,969 shares of T-Mobile US stock. The stock was sold at an average price of $175.59, for a total transaction of $23,874,796.71.
• On Wednesday, June 12th, Telekom Ag Deutsche sold 133,461 shares of T-Mobile US stock. The stock was sold at an average price of $173.10, for a total transaction of $23,102,099.10.
• On Monday, June 10th, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The stock was sold at an average price of $180.75, for a total transaction of $41,139,423.00.
• On Friday, June 7th, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The stock was sold at an average price of $180.00, for a total transaction of $40,968,720.00.
• On Wednesday, June 5th, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The shares were sold at an average price of $179.96, for a total value of $40,959,615.84.
• On Monday, June 3rd, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The shares were sold at an average price of $172.65, for a total value of $39,295,830.60.
• On Thursday, May 30th, Telekom Ag Deutsche sold 208,637 shares of T-Mobile US stock. The shares were sold at an average price of $170.24, for a total value of $35,518,362.88.
• On Friday, May 24th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $165.66, for a total value of $31,420,732.20.
• On Tuesday, May 28th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $167.13, for a total value of $31,699,547.10.
• On Wednesday, May 22nd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $165.06, for a total value of $31,306,930.20.

T-Mobile US Price Performance

Shares of TMUS opened at $176.44 on Friday. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. The stock has a 50 day simple moving average of $167.86 and a 200 day simple moving average of $163.58. T-Mobile US, Inc. has a 52-week low of $130.99 and a 52-week high of $182.67. The firm has a market capitalization of $206.76 billion, a PE ratio of 24.01, a P/E/G ratio of 0.69 and a beta of 0.50.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.17. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The firm had revenue of $19.59 billion during the quarter, compared to the consensus estimate of $19.81 billion. During the same quarter in the prior year, the firm posted $1.58 EPS. The business’s revenue was down .2% on a year-over-year basis. Sell-side analysts predict that T-Mobile US, Inc. will post 9.02 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date is Friday, August 30th. T-Mobile US’s dividend payout ratio is currently 35.37%.

Institutional Investors Weigh In On T-Mobile US

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in T-Mobile US by 3.8% in the 1st quarter. Vanguard Group Inc. now owns 45,042,339 shares of the Wireless communications provider’s stock valued at $7,351,811,000 after buying an additional 1,667,778 shares in the last quarter. Norges Bank acquired a new position in T-Mobile US in the 4th quarter valued at $3,338,708,000. Morgan Stanley grew its holdings in T-Mobile US by 0.9% in the 3rd quarter. Morgan Stanley now owns 11,255,490 shares of the Wireless communications provider’s stock valued at $1,576,332,000 after buying an additional 104,490 shares in the last quarter. Royal Bank of Canada grew its holdings in T-Mobile US by 7.1% in the 3rd 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 buying an additional 693,443 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in T-Mobile US by 200.0% in the 4th quarter. Wellington Management Group LLP now owns 6,362,601 shares of the Wireless communications provider’s stock valued at $1,020,116,000 after buying an additional 4,241,877 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a report on Wednesday, April 3rd. Royal Bank of Canada lifted their price target on T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Bank of America boosted their price objective on T-Mobile US from $175.00 to $195.00 and gave the stock a “buy” rating in a report on Monday, June 10th. StockNews.com raised T-Mobile US from a “hold” rating to a “buy” rating in a report on Thursday, June 13th. Finally, Benchmark reissued a “buy” rating and set a $200.00 price objective on shares of T-Mobile US in a report on Wednesday, May 29th. Fourteen investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US currently has a consensus rating of “Buy” and a consensus target price of $190.36.

T-Mobile US Company 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.