T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $541,497.66 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Raul Marcelo Claure sold 2,706 shares of the company’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $200.11, for a total transaction of $541,497.66. Following the transaction, the director now owns 1,826,204 shares in the company, valued at approximately $365,441,682.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Raul Marcelo Claure also recently made the following trade(s):

• On Friday, August 23rd, Raul Marcelo Claure sold 111,882 shares of T-Mobile US stock. The stock was sold at an average price of $197.84, for a total transaction of $22,134,734.88.
• On Tuesday, August 20th, Raul Marcelo Claure sold 9,586 shares of T-Mobile US stock. The shares were sold at an average price of $196.96, for a total value of $1,888,058.56.

T-Mobile US Trading Down 0.7 %

Shares of T-Mobile US stock opened at $200.08 on Friday. The stock has a market capitalization of $234.46 billion, a P/E ratio of 27.22, a P/E/G ratio of 0.76 and a beta of 0.51. T-Mobile US, Inc. has a 52-week low of $132.40 and a 52-week high of $205.28. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.86 and a current ratio of 0.84. The stock’s 50-day simple moving average is $185.17 and its 200 day simple moving average is $172.21.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.22. The company had revenue of $19.77 billion for the quarter, compared to analyst estimates of $19.61 billion. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.86 earnings per share. As a group, research analysts anticipate that T-Mobile US, Inc. will post 9.05 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Friday, August 30th will be given a dividend of $0.65 per share. The ex-dividend date is Friday, August 30th. This represents a $2.60 annualized dividend and a dividend yield of 1.30%. T-Mobile US’s dividend payout ratio is currently 35.37%.

Analyst Ratings Changes

Several brokerages recently issued reports on TMUS. The Goldman Sachs Group initiated coverage on T-Mobile US in a research report on Monday, July 1st. They set a “buy” rating and a $200.00 target price on the stock. Bank of America upped their target price on shares of T-Mobile US from $175.00 to $195.00 and gave the stock a “buy” rating in a research note on Monday, June 10th. Citigroup raised their price target on shares of T-Mobile US from $184.00 to $210.00 and gave the company a “buy” rating in a research report on Friday, July 19th. TD Cowen upped their price objective on shares of T-Mobile US from $202.00 to $216.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Finally, Benchmark lifted their target price on shares of T-Mobile US from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. One analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $198.63.

Hedge Funds Weigh In On T-Mobile US

A number of large investors have recently made changes to their positions in TMUS. WASHINGTON TRUST Co grew its holdings in T-Mobile US by 143.1% during the 2nd quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 83 shares in the last quarter. Y.D. More Investments Ltd purchased a new position in T-Mobile US during the second quarter valued at approximately $27,000. Summit Securities Group LLC bought a new stake in T-Mobile US during the 2nd quarter worth approximately $27,000. Private Wealth Management Group LLC purchased a new stake in T-Mobile US in the 4th quarter worth approximately $27,000. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new position in T-Mobile US in the 2nd quarter valued at $30,000. 42.49% of the stock is owned by institutional investors.

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.