T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $23,470,451.46 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 133,461 shares of the business’s stock in a transaction dated Wednesday, June 26th. The shares were sold at an average price of $175.86, for a total value of $23,470,451.46. Following the completion of the transaction, the director now owns 670,545,206 shares in the company, valued at approximately $117,922,079,927.16. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Friday, June 28th, Telekom Ag Deutsche sold 133,461 shares of T-Mobile US stock. The shares were sold at an average price of $176.82, for a total transaction of $23,598,574.02.
• On Monday, June 24th, Telekom Ag Deutsche sold 133,461 shares of T-Mobile US stock. The stock was sold at an average price of $178.04, for a total transaction of $23,761,396.44.
• On Friday, June 21st, Telekom Ag Deutsche sold 133,461 shares of T-Mobile US stock. The stock was sold at an average price of $176.47, for a total transaction of $23,551,862.67.
• On Monday, June 17th, Telekom Ag Deutsche sold 133,461 shares of T-Mobile US stock. The shares were sold at an average price of $177.16, for a total value of $23,643,950.76.
• On Friday, June 14th, Telekom Ag Deutsche sold 135,969 shares of T-Mobile US stock. The shares were sold at an average price of $175.59, for a total value of $23,874,796.71.
• On Wednesday, June 12th, Telekom Ag Deutsche sold 133,461 shares of T-Mobile US stock. The stock was sold at an average price of $173.10, for a total value of $23,102,099.10.
• On Monday, June 10th, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The stock was sold at an average price of $180.75, for a total transaction of $41,139,423.00.
• On Friday, June 7th, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The shares were sold at an average price of $180.00, for a total transaction of $40,968,720.00.
• On Wednesday, June 5th, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The stock was sold at an average price of $179.96, for a total transaction of $40,959,615.84.
• On Monday, June 3rd, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The stock was sold at an average price of $172.65, for a total value of $39,295,830.60.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $176.18 on Monday. The business’s 50-day moving average price is $169.84 and its 200 day moving average price is $164.54. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25. T-Mobile US, Inc. has a twelve month low of $131.47 and a twelve month high of $182.67. The company has a market capitalization of $206.46 billion, a PE ratio of 23.97, a price-to-earnings-growth ratio of 0.69 and a beta of 0.50.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.17. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The business had revenue of $19.59 billion for the quarter, compared to analysts’ expectations of $19.81 billion. During the same period last year, the company earned $1.58 earnings per share. The company’s quarterly revenue was down .2% on a year-over-year basis. On average, research analysts predict that T-Mobile US, Inc. will post 9.01 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be issued a dividend of $0.65 per share. The ex-dividend date is Friday, August 30th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.48%. T-Mobile US’s payout ratio is 35.37%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. OLD National Bancorp IN increased its stake in T-Mobile US by 1.9% during the fourth quarter. OLD National Bancorp IN now owns 3,356 shares of the Wireless communications provider’s stock worth $538,000 after acquiring an additional 62 shares during the last quarter. Proficio Capital Partners LLC lifted its position in T-Mobile US by 2.3% during the first quarter. Proficio Capital Partners LLC now owns 2,840 shares of the Wireless communications provider’s stock valued at $464,000 after buying an additional 64 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in T-Mobile US by 3.9% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,748 shares of the Wireless communications provider’s stock worth $280,000 after buying an additional 66 shares during the period. Hohimer Wealth Management LLC increased its position in shares of T-Mobile US by 0.9% in the third quarter. Hohimer Wealth Management LLC now owns 7,526 shares of the Wireless communications provider’s stock worth $1,054,000 after acquiring an additional 68 shares in the last quarter. Finally, Nvwm LLC raised its stake in shares of T-Mobile US by 2.3% in the 1st quarter. Nvwm LLC now owns 3,059 shares of the Wireless communications provider’s stock valued at $499,000 after acquiring an additional 70 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on TMUS shares. Citigroup boosted their target price on T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research report on Monday, March 25th. TD Cowen dropped their target price on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a report on Friday, April 26th. Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a report on Wednesday, April 3rd. Benchmark reissued a “buy” rating and set a $200.00 price objective on shares of T-Mobile US in a research note on Wednesday, May 29th. Finally, Bank of America upped their target price on T-Mobile US from $175.00 to $195.00 and gave the company a “buy” rating in a research note on Monday, June 10th. Fourteen research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $190.36.

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.