Insider Selling: T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells 189,670 Shares of Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 189,670 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $163.21, for a total transaction of $30,956,040.70. Following the completion of the transaction, the director now owns 676,589,681 shares in the company, valued at $110,426,201,836.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Monday, May 6th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $162.43, for a total transaction of $30,808,098.10.
• On Friday, May 3rd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $164.63, for a total value of $31,225,372.10.
• On Wednesday, May 1st, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $165.67, for a total value of $31,422,628.90.
• On Monday, April 29th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $164.15, for a total value of $31,134,330.50.
• On Friday, April 26th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $163.26, for a total transaction of $30,965,524.20.
• On Wednesday, April 24th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $163.61, for a total transaction of $31,031,908.70.
• On Monday, April 22nd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $162.58, for a total value of $30,836,548.60.
• On Friday, April 19th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $161.87, for a total transaction of $30,701,882.90.
• On Wednesday, April 17th, Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock. The shares were sold at an average price of $159.98, for a total value of $27,309,065.94.
• On Monday, April 15th, Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock. The shares were sold at an average price of $160.24, for a total transaction of $27,353,448.72.

T-Mobile US Price Performance

TMUS traded up $1.85 during trading on Thursday, hitting $164.68. 4,757,929 shares of the company traded hands, compared to its average volume of 4,572,741. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25. The company has a market cap of $192.98 billion, a PE ratio of 22.41, a P/E/G ratio of 0.64 and a beta of 0.48. The stock’s 50-day simple moving average is $162.59 and its two-hundred day simple moving average is $158.37. T-Mobile US, Inc. has a 1 year low of $124.92 and a 1 year high of $168.64.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS 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 company had revenue of $19.59 billion for the quarter, compared to the consensus estimate of $19.81 billion. During the same period in the previous year, the business earned $1.58 earnings per share. The firm’s revenue for the quarter was down .2% on a year-over-year basis. As a group, sell-side analysts anticipate that T-Mobile US, Inc. will post 9.01 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s dividend payout ratio is currently 35.37%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TMUS. Citigroup lifted their price objective on T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a research report on Monday, March 25th. KeyCorp raised their price objective on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. TD Cowen reduced their target price on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research report on Friday, April 26th. Royal Bank of Canada lifted their price target on shares of T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $190.00 target price on shares of T-Mobile US in a research note on Wednesday, April 3rd. One analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $186.33.

Hedge Funds Weigh In On T-Mobile US

A number of large investors have recently made changes to their positions in the company. Private Wealth Management Group LLC bought a new position in shares of T-Mobile US in the fourth quarter worth about $27,000. Westside Investment Management Inc. raised its stake in shares of T-Mobile US by 75.8% during the first quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 75 shares in the last quarter. Valley National Advisers Inc. boosted its holdings in shares of T-Mobile US by 232.1% in the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 123 shares during the period. Baker Avenue Asset Management LP grew its stake in T-Mobile US by 63.3% in the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after purchasing an additional 81 shares in the last quarter. Finally, Bay Harbor Wealth Management LLC purchased a new position in T-Mobile US during the 4th quarter worth $34,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

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.