T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $27,353,448.72 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 170,703 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $160.24, for a total value of $27,353,448.72. Following the completion of the sale, the director now directly owns 679,776,137 shares in the company, valued at approximately $108,927,328,192.88. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

• 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 value 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 value 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 value 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 value of $30,614,634.70.
• On Wednesday, April 3rd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $162.49, for a total value 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 value 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 value of $30,701,882.90.
• On Monday, March 25th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was 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 stock was sold at an average price of $160.53, for a total transaction of $29,971,593.12.
• On Wednesday, March 20th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $160.96, for a total transaction of $30,529,283.20.

T-Mobile US Stock Performance

Shares of TMUS stock traded up $0.18 during midday trading on Wednesday, hitting $159.97. 2,337,352 shares of the company were exchanged, compared to its average volume of 4,501,857. T-Mobile US, Inc. has a 52 week low of $124.92 and a 52 week high of $168.64. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. The firm’s 50 day moving average price is $162.32 and its two-hundred day moving average price is $155.88. The firm has a market capitalization of $189.86 billion, a P/E ratio of 23.06, a PEG ratio of 0.65 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $19.67 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. T-Mobile US’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 company earned $1.18 earnings per share. As a group, equities research analysts anticipate 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. This represents a $2.60 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s payout ratio is 37.52%.

Analyst Ratings Changes

A number of research firms have recently weighed in on TMUS. Benchmark reaffirmed a “buy” rating and set a $200.00 price target on shares of T-Mobile US in a report on Friday, January 26th. Wells Fargo & Company raised their price objective on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Monday, January 22nd. Citigroup lifted their price target on shares of T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research report on Monday, March 25th. Oppenheimer reiterated an “outperform” rating and set a $190.00 price objective on shares of T-Mobile US in a research report on Wednesday, April 3rd. Finally, Raymond James lifted their price objective on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. One equities research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $185.93.

Institutional Investors Weigh In On T-Mobile US

Institutional investors have recently added to or reduced their stakes in the business. Norges Bank bought a new position in T-Mobile US during the fourth quarter worth $3,338,708,000. Morgan Stanley raised its holdings in T-Mobile US by 0.9% during the third quarter. Morgan Stanley now owns 11,255,490 shares of the Wireless communications provider’s stock worth $1,576,332,000 after buying an additional 104,490 shares during the last quarter. Royal Bank of Canada raised its holdings in T-Mobile US by 7.1% during the third quarter. Royal Bank of Canada now owns 10,505,308 shares of the Wireless communications provider’s stock worth $1,471,269,000 after buying an additional 693,443 shares during the last quarter. Invesco Ltd. raised its holdings in T-Mobile US by 0.6% during the third quarter. Invesco Ltd. now owns 7,675,261 shares of the Wireless communications provider’s stock worth $1,074,920,000 after buying an additional 45,196 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in T-Mobile US by 0.7% during the third quarter. Bank of New York Mellon Corp now owns 6,725,113 shares of the Wireless communications provider’s stock worth $902,309,000 after buying an additional 47,956 shares during the last quarter. 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.