T-Mobile US (NASDAQ:TMUS) CAO Sells $17,422.34 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) CAO Daniel James Drobac sold 113 shares of the stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $154.18, for a total value of $17,422.34. Following the transaction, the chief accounting officer directly owned 37,738 shares in the company, valued at approximately $5,818,444.84. This represents a 0.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Daniel James Drobac also recently made the following trade(s):

• On Thursday, September 10th, Daniel James Drobac sold 772 shares of T-Mobile US stock. The shares were sold at an average price of $178.33, for a total value of $137,670.76.

T-Mobile US Stock Performance

TMUS stock opened at $160.59 on Friday. 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 firm has a market cap of $170.11 billion, a P/E ratio of 14.22, a P/E/G ratio of 0.92 and a beta of 0.40. T-Mobile US, Inc. has a 12-month low of $143.75 and a 12-month high of $224.75. The stock’s 50 day simple moving average is $165.28 and its 200 day simple moving average is $186.30.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, October 28th. The Wireless communications provider reported $3.22 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $23.58 billion for the quarter, compared to analysts’ expectations of $23.15 billion. During the same period last year, the business posted $2.41 earnings per share. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. As a group, equities research analysts predict that T-Mobile US, Inc. will post 11.44 EPS for the current year.

T-Mobile US Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 25th will be issued a $1.17 dividend. This is an increase from T-Mobile US’s previous quarterly dividend of $1.02. This represents a $4.68 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Wednesday, November 25th. T-Mobile US’s dividend payout ratio is 39.38%.

T-Mobile US News Summary

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

• Positive Sentiment: T-Mobile introduced T-Mix, customizable wireless plans that let customers choose or change features. A national campaign starring Bryan Cranston is intended to raise awareness; customer uptake will determine the financial impact. Article: Sorry to Wake You, But T-Mobile and Bryan Cranston Have a Change in Plans
• Positive Sentiment: The company launched a 5 Gig fiber plan for $90 per month with symmetrical speeds and a 10-year price guarantee. The offer could help attract broadband customers and expand revenue, though the article does not report early subscriber results. Article: Can T-Mobile’s Latest Fiber Plans Attract More Broadband Customers?
• Positive Sentiment: T-Mobile’s recent quarterly results beat analyst estimates for earnings and revenue, with revenue up year over year—supportive fundamentals as investors assess its new offerings.
• Neutral Sentiment: ETFs were net sellers of about $24.5 million in TMUS shares on Nov. 3. That is a limited, short-term flow signal and does not by itself establish a broader trend. Article: ETFs Are Net Sellers of T-Mobile (TMUS) on Nov. 3
• Negative Sentiment: Amdocs warned that its outlook allows for a potential end to its T-Mobile agreements, contributing to a sharp cut in Amdocs’ revenue forecast. The news raises uncertainty about the supplier relationship, though the articles do not quantify any direct financial impact on T-Mobile. Article: Amdocs Stock Has Its Worst Day in 24 Years as T-Mobile Business Is at Risk
• Negative Sentiment: Reports that Deutsche Telekom has hit the brakes on a possible combination with T-Mobile’s U.S. business cast doubt on a potential deal catalyst. Article: Deutsche Telekom Said to Hit Brakes on T-Mobile Merger

Institutional Trading of T-Mobile US

Institutional investors have recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of T-Mobile US in the second quarter worth about $6,625,275,000. Bank of New York Mellon Corp acquired a new stake in shares of T-Mobile US during the second quarter worth about $839,194,000. Bank of America Corp DE bought a new position in shares of T-Mobile US during the 2nd quarter valued at about $758,977,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of T-Mobile US by 1.1% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,076,380 shares of the Wireless communications provider’s stock valued at $683,731,000 after purchasing an additional 43,783 shares in the last quarter. Finally, Amundi grew its position in shares of T-Mobile US by 2.6% in the 2nd quarter. Amundi now owns 3,775,445 shares of the Wireless communications provider’s stock valued at $633,255,000 after purchasing an additional 95,650 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Royal Bank Of Canada reduced their price objective on T-Mobile US from $240.00 to $230.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. Wolfe Research lowered T-Mobile US from an “outperform” rating to a “peer perform” rating in a research report on Friday, August 14th. Citigroup cut their target price on T-Mobile US from $225.00 to $165.00 and set a “neutral” rating on the stock in a research note on Thursday, October 29th. Barclays reduced their price target on shares of T-Mobile US from $215.00 to $200.00 and set an “overweight” rating for the company in a report on Tuesday, September 29th. Finally, Scotiabank upped their price target on shares of T-Mobile US from $212.00 to $214.00 and gave the stock a “sector outperform” rating in a research report on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $238.25.

About T-Mobile US

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.