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 firm’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $162.43, for a total transaction of $30,808,098.10. Following the sale, the director now directly owns 676,969,021 shares of the company’s stock, valued at $109,960,078,081.03. The transaction was disclosed in a document filed with the SEC, which is available at this link.

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

• On Wednesday, May 8th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $163.21, for a total value of $30,956,040.70.
• On Friday, May 3rd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were 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 stock was 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 transaction 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 shares were 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 stock was sold at an average price of $161.87, for a total value 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 stock was sold at an average price of $160.24, for a total value of $27,353,448.72.

T-Mobile US Trading Up 1.1 %

Shares of NASDAQ:TMUS opened at $164.68 on Friday. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $168.64. 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 firm has a market cap of $192.98 billion, a P/E ratio of 22.41, a P/E/G ratio of 0.64 and a beta of 0.48. The company has a 50 day moving average of $162.59 and a 200-day moving average of $158.37.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.17. The firm had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The firm’s quarterly revenue was down .2% on a year-over-year basis. During the same period last year, the company posted $1.58 EPS. As a group, analysts anticipate that T-Mobile US, Inc. will post 9.01 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

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

Institutional Trading of T-Mobile US

A number of hedge funds and other institutional investors have recently made changes to their positions in TMUS. BluePath Capital Management LLC acquired a new position in T-Mobile US in the third quarter worth approximately $26,000. Private Wealth Management Group LLC purchased a new position in T-Mobile US in the 4th quarter worth about $27,000. Valley National Advisers Inc. lifted its stake in T-Mobile US by 232.1% during the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 123 shares in the last quarter. Westside Investment Management Inc. boosted its holdings in shares of T-Mobile US by 75.8% in the first quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 75 shares during the period. Finally, Baker Avenue Asset Management LP increased its position in shares of 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 acquiring an additional 81 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TMUS has been the topic of a number of research reports. Morgan Stanley increased their target price on shares of T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a report on Monday, January 29th. Wells Fargo & Company increased their price objective on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, January 22nd. Citigroup lifted their target price on T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a research note on Monday, March 25th. KeyCorp raised their price target on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Finally, Oppenheimer restated an “outperform” rating and set a $190.00 price objective on shares of T-Mobile US in a research note on Wednesday, April 3rd. One equities research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, T-Mobile US presently has a consensus rating of “Buy” and a consensus price target of $186.33.

About T-Mobile US

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.