T-Mobile US (NASDAQ:TMUS) Director Sells $14,844,394.66 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 64,426 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $230.41, for a total transaction of $14,844,394.66. Following the sale, the director owned 628,297,455 shares of the company’s stock, valued at approximately $144,766,016,606.55. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Monday, October 6th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $224.60, for a total transaction of $14,470,079.60.
• On Tuesday, September 30th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $239.54, for a total transaction of $15,432,604.04.
• On Monday, September 29th, Telekom Ag Deutsche sold 64,415 shares of T-Mobile US stock. The stock was sold at an average price of $238.11, for a total transaction of $15,337,855.65.
• On Thursday, September 25th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $238.98, for a total transaction of $15,396,525.48.
• On Tuesday, September 23rd, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $238.41, for a total transaction of $15,359,802.66.
• On Thursday, September 18th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $239.18, for a total transaction of $15,409,410.68.
• On Tuesday, September 16th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $237.65, for a total transaction of $15,310,838.90.
• On Monday, September 15th, Telekom Ag Deutsche sold 64,452 shares of T-Mobile US stock. The stock was sold at an average price of $240.65, for a total transaction of $15,510,373.80.
• On Friday, September 12th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $241.65, for a total transaction of $15,568,542.90.
• On Wednesday, September 10th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $240.08, for a total transaction of $16,767,187.20.

T-Mobile US Trading Down 0.5%

Shares of TMUS stock opened at $226.58 on Thursday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. The firm has a market cap of $255.00 billion, a PE ratio of 21.38, a price-to-earnings-growth ratio of 1.46 and a beta of 0.59. The company has a 50-day moving average of $243.77 and a two-hundred day moving average of $243.46. T-Mobile US, Inc. has a 1-year low of $208.39 and a 1-year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.69 by $0.15. The company had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. T-Mobile US’s revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.49 earnings per share. On average, analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Wednesday, November 26th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a dividend yield of 1.8%. T-Mobile US’s payout ratio is 33.21%.

Institutional Trading of T-Mobile US

Hedge funds have recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in T-Mobile US during the second quarter worth approximately $1,477,780,000. Nuveen LLC acquired a new stake in T-Mobile US during the first quarter worth approximately $618,248,000. Marshall Wace LLP raised its holdings in T-Mobile US by 2,303.2% during the second quarter. Marshall Wace LLP now owns 1,797,086 shares of the Wireless communications provider’s stock worth $428,174,000 after purchasing an additional 1,878,654 shares in the last quarter. Viking Global Investors LP raised its holdings in T-Mobile US by 81.7% during the second quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock worth $677,925,000 after purchasing an additional 1,279,422 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in T-Mobile US by 518.8% during the second quarter. Assenagon Asset Management S.A. now owns 1,383,922 shares of the Wireless communications provider’s stock worth $329,733,000 after purchasing an additional 1,160,275 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TMUS. Weiss Ratings reissued a “buy (b)” rating on shares of T-Mobile US in a research note on Wednesday. Scotiabank raised their price objective on shares of T-Mobile US from $271.50 to $278.00 and gave the company a “sector outperform” rating in a research note on Monday. The Goldman Sachs Group began coverage on shares of T-Mobile US in a research note on Tuesday, September 2nd. They issued a “buy” rating and a $286.00 price objective for the company. Redburn Atlantic raised shares of T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 price objective for the company in a research note on Monday, July 7th. Finally, Royal Bank Of Canada raised their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the company a “sector perform” rating in a research note on Friday, July 25th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $264.29.

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.