Telekom Ag Deutsche Sells 189,670 Shares of T-Mobile US, Inc. (NASDAQ:TMUS) Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 189,670 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $164.15, for a total value of $31,134,330.50. Following the completion of the sale, the director now owns 677,917,371 shares in the company, valued at $111,280,136,449.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, April 26th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $163.26, for a total value of $30,965,524.20.
• On Wednesday, April 24th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $163.61, for a total value of $31,031,908.70.
• On Monday, April 22nd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were 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 shares were 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.
• 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.

T-Mobile US Price Performance

Shares of T-Mobile US stock traded down $0.08 on Tuesday, hitting $164.17. 4,122,347 shares of the company were exchanged, compared to its average volume of 4,545,801. The stock has a market capitalization of $194.85 billion, a price-to-earnings ratio of 22.34, a price-to-earnings-growth ratio of 0.67 and a beta of 0.49. The company has a 50-day moving average price of $162.63 and a 200 day moving average price of $157.50. T-Mobile US, Inc. has a 1-year low of $124.92 and a 1-year high of $168.64. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 1.25.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.17. The business had revenue of $19.59 billion for the quarter, compared to analysts’ expectations of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The business’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.58 EPS. As a group, sell-side analysts predict that T-Mobile US, Inc. will post 8.97 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date is Friday, May 31st. T-Mobile US’s dividend payout ratio is presently 35.37%.

Analysts Set New Price Targets

TMUS has been the subject of a number of research analyst reports. KeyCorp raised their target price on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday. Raymond James raised their target price on 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. Tigress Financial raised their target price on T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. Morgan Stanley lifted their price objective on T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. Finally, Benchmark reiterated a “buy” rating and set a $200.00 price objective on shares of T-Mobile US in a research note on Friday, January 26th. One research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $186.33.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Private Wealth Management Group LLC purchased a new stake in T-Mobile US in the fourth quarter valued at approximately $27,000. Westside Investment Management Inc. increased its position in shares of T-Mobile US by 75.8% during the first quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 75 shares during the period. Valley National Advisers Inc. increased its position in shares of 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 worth $28,000 after acquiring an additional 123 shares during the period. BluePath Capital Management LLC acquired a new position in shares of T-Mobile US during the third quarter worth $26,000. Finally, Baker Avenue Asset Management LP grew its stake in shares of T-Mobile US by 63.3% during the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after purchasing an additional 81 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

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.