T-Mobile US Sees Unusually Large Options Volume (NASDAQ:TMUS)

T-Mobile US, Inc. (NASDAQ:TMUS) saw some unusual options trading on Wednesday. Traders acquired 17,264 call options on the company. This represents an increase of 137% compared to the typical daily volume of 7,292 call options.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Barclays lifted their price objective on shares of T-Mobile US from $215.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Sanford C. Bernstein started coverage on T-Mobile US in a research report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price objective for the company. BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a research note on Friday, October 25th. TD Cowen increased their price target on T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Finally, Bank of America boosted their price objective on shares of T-Mobile US from $220.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $245.74.

Insider Buying and Selling at T-Mobile US

In related news, EVP Nestor Cano sold 11,100 shares of the company’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $230.75, for a total value of $2,561,325.00. Following the completion of the sale, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at $1,015,300. This represents a 71.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction that occurred 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 transaction, the director now directly owns 5,021 shares in the company, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 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.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TMUS. DT Investment Partners LLC grew its holdings in T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 47 shares during the period. Dunhill Financial LLC increased its position in T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after purchasing an additional 56 shares during the last quarter. Financial Life Planners acquired a new position in shares of T-Mobile US in the 4th quarter valued at $29,000. MFA Wealth Advisors LLC grew its stake in shares of T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 77 shares during the period. Finally, Legacy Investment Solutions LLC purchased a new position in shares of T-Mobile US in the 3rd quarter worth $34,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

T-Mobile US Price Performance

TMUS traded up $19.28 during midday trading on Wednesday, reaching $240.42. 3,355,893 shares of the company’s stock were exchanged, compared to its average volume of 3,692,500. The business’s 50-day moving average price is $226.37 and its 200 day moving average price is $212.66. The stock has a market capitalization of $279.00 billion, a PE ratio of 27.38, a P/E/G ratio of 1.08 and a beta of 0.56. T-Mobile US has a 1-year low of $158.84 and a 1-year high of $248.15. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. As a group, equities analysts anticipate that T-Mobile US will post 9.3 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.46%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s payout ratio is 40.14%.

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.