Telekom Ag Deutsche Sells 64,426 Shares of T-Mobile US (NASDAQ:TMUS) Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $241.65, for a total value of $15,568,542.90. Following the completion of the transaction, the director directly owned 634,885,752 shares in the company, valued at $153,420,141,970.80. This represents a 0.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• 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 value of $16,767,187.20.
• On Monday, September 8th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $243.47, for a total value of $17,003,944.80.
• On Thursday, September 4th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $252.94, for a total value of $17,665,329.60.
• On Tuesday, September 2nd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $256.44, for a total value of $17,909,769.60.
• On Friday, August 29th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $251.23, for a total value of $17,545,903.20.
• On Wednesday, August 27th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $251.35, for a total value of $17,554,284.00.
• On Monday, August 25th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $251.32, for a total value of $17,552,188.80.
• On Friday, August 22nd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $254.79, for a total value of $17,794,533.60.
• On Wednesday, August 20th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $259.87, for a total value of $18,149,320.80.
• On Monday, August 18th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $255.46, for a total value of $17,841,326.40.

T-Mobile US Trading Down 0.9%

NASDAQ:TMUS opened at $237.62 on Wednesday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. T-Mobile US, Inc. has a fifty-two week low of $195.47 and a fifty-two week high of $276.49. The stock’s 50-day moving average is $243.32 and its two-hundred day moving average is $246.24. The stock has a market cap of $267.42 billion, a PE ratio of 22.42, a price-to-earnings-growth ratio of 1.31 and a beta of 0.61.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, beating the consensus estimate of $2.69 by $0.15. The business had revenue of $21.13 billion during the quarter, compared to analysts’ expectations of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.49 EPS. As a group, equities research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

Analysts Set New Price Targets

TMUS has been the subject of several recent research reports. Wall Street Zen cut T-Mobile US from a “buy” rating to a “hold” rating in a research note on Saturday, May 24th. Arete Research raised T-Mobile US to a “strong-buy” rating in a research note on Tuesday, July 8th. JPMorgan Chase & Co. boosted their price target on T-Mobile US from $270.00 to $280.00 and gave the company an “overweight” rating in a research note on Thursday, July 24th. Royal Bank Of Canada boosted their price target on 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. Finally, Morgan Stanley boosted their target price on T-Mobile US from $265.00 to $285.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.02.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Crestwood Advisors Group LLC raised its stake in shares of T-Mobile US by 79.5% in the first quarter. Crestwood Advisors Group LLC now owns 1,635 shares of the Wireless communications provider’s stock valued at $436,000 after purchasing an additional 724 shares in the last quarter. Canada Pension Plan Investment Board raised its stake in shares of T-Mobile US by 14.3% in the first quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider’s stock valued at $1,837,399,000 after purchasing an additional 864,030 shares in the last quarter. Advisor Resource Council acquired a new position in shares of T-Mobile US in the first quarter valued at $463,000. Main Street Research LLC raised its stake in shares of T-Mobile US by 1.0% in the first quarter. Main Street Research LLC now owns 177,902 shares of the Wireless communications provider’s stock valued at $47,448,000 after purchasing an additional 1,788 shares in the last quarter. Finally, Granite Bay Wealth Management LLC raised its stake in shares of T-Mobile US by 9.0% in the second quarter. Granite Bay Wealth Management LLC now owns 25,980 shares of the Wireless communications provider’s stock valued at $6,190,000 after purchasing an additional 2,135 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

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.