T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $27,309,065.94 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 170,703 shares of the business’s stock in a transaction that occurred on Wednesday, April 17th. The stock was sold at an average price of $159.98, for a total transaction of $27,309,065.94. Following the transaction, the director now owns 679,434,731 shares of the company’s stock, valued at approximately $108,695,968,265.38. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• 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 transaction of $27,353,448.72.
• On Friday, April 12th, Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock. The stock was sold at an average price of $160.08, for a total transaction of $27,326,136.24.
• On Wednesday, April 10th, Telekom Ag Deutsche sold 170,903 shares of T-Mobile US stock. The stock was sold at an average price of $159.95, for a total transaction of $27,335,934.85.
• On Monday, April 8th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $161.20, for a total transaction of $30,574,804.00.
• On Friday, April 5th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $161.41, for a total transaction of $30,614,634.70.
• On Wednesday, April 3rd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $162.49, for a total transaction of $30,819,478.30.
• On Monday, April 1st, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $162.39, for a total transaction of $30,800,511.30.
• On Wednesday, March 27th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $161.87, for a total transaction of $30,701,882.90.
• On Monday, March 25th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $160.98, for a total transaction of $30,533,076.60.
• On Friday, March 22nd, Telekom Ag Deutsche sold 186,704 shares of T-Mobile US stock. The shares were sold at an average price of $160.53, for a total transaction of $29,971,593.12.

T-Mobile US Price Performance

Shares of TMUS traded up $0.76 during trading hours on Thursday, reaching $160.85. The company had a trading volume of 3,246,166 shares, compared to its average volume of 4,509,830. The firm has a 50 day simple moving average of $162.28 and a 200-day simple moving average of $155.91. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. The company has a market capitalization of $190.91 billion, a price-to-earnings ratio of 23.10, a PEG ratio of 0.65 and a beta of 0.49. T-Mobile US, Inc. has a 12-month low of $124.92 and a 12-month high of $168.64.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). The company had revenue of $20.48 billion during the quarter, compared to analysts’ expectations of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.18 EPS. Research analysts expect that T-Mobile US, Inc. will post 8.95 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be issued 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 yield of 1.62%. T-Mobile US’s dividend payout ratio (DPR) is currently 37.52%.

Hedge Funds Weigh In On T-Mobile US

Several hedge funds have recently added to or reduced their stakes in TMUS. Mirae Asset Global Investments Co. Ltd. increased its holdings in T-Mobile US by 21.7% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,011,991 shares of the Wireless communications provider’s stock valued at $129,888,000 after acquiring an additional 180,468 shares in the last quarter. Sei Investments Co. increased its holdings in T-Mobile US by 50.6% during the 1st quarter. Sei Investments Co. now owns 230,598 shares of the Wireless communications provider’s stock valued at $29,603,000 after acquiring an additional 77,518 shares in the last quarter. Prudential PLC purchased a new position in T-Mobile US during the 1st quarter valued at about $1,649,000. Cetera Investment Advisers increased its holdings in T-Mobile US by 12.2% during the 1st quarter. Cetera Investment Advisers now owns 23,619 shares of the Wireless communications provider’s stock valued at $3,031,000 after acquiring an additional 2,574 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its stake in shares of T-Mobile US by 105.7% during the 1st quarter. Sequoia Financial Advisors LLC now owns 3,796 shares of the Wireless communications provider’s stock worth $487,000 after purchasing an additional 1,951 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on TMUS shares. Tigress Financial upped their target price on shares of T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, February 8th. Benchmark restated a “buy” rating and issued a $200.00 target price on shares of T-Mobile US in a report on Friday, January 26th. Raymond James increased their price target on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 26th. Wells Fargo & Company increased their price target 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. Finally, Oppenheimer reiterated an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a research note on Wednesday, April 3rd. One research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, T-Mobile US currently has a consensus rating of “Buy” and a consensus price target of $185.93.

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.