Insider Selling: T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells 69,840 Shares of Stock

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction on Friday, June 27th. The stock was sold at an average price of $234.34, for a total transaction of $16,366,305.60. Following the transaction, the director directly owned 648,010,044 shares in the company, valued at $151,854,673,710.96. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Monday, June 30th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $237.61, for a total value of $16,594,682.40.
• On Wednesday, June 25th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $230.56, for a total value of $16,102,310.40.
• On Monday, June 23rd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $225.60, for a total transaction of $15,755,904.00.
• On Friday, June 20th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $221.80, for a total transaction of $15,490,512.00.
• On Wednesday, June 18th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $221.67, for a total transaction of $15,481,432.80.
• On Monday, June 16th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $230.16, for a total value of $16,074,374.40.
• On Thursday, June 12th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $228.75, for a total value of $15,975,900.00.

T-Mobile US Stock Up 1.3%

Shares of NASDAQ:TMUS traded up $3.01 during mid-day trading on Monday, hitting $238.26. 5,118,380 shares of the company traded hands, compared to its average volume of 4,089,014. The firm's 50 day simple moving average is $240.00 and its 200 day simple moving average is $242.93. The firm has a market cap of $270.53 billion, a P/E ratio of 22.95, a PEG ratio of 1.30 and a beta of 0.64. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.08 and a current ratio of 1.16. T-Mobile US, Inc. has a 52-week low of $173.74 and a 52-week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.48 by $0.10. The company had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The business's quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.00 earnings per share. On average, equities analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, August 29th. This represents a $3.52 annualized dividend and a dividend yield of 1.48%. T-Mobile US's dividend payout ratio is presently 34.34%.

Analyst Upgrades and Downgrades

A number of research firms have commented on TMUS. HSBC downgraded T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a report on Wednesday, March 5th. Royal Bank Of Canada raised their price objective on shares of T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a research note on Friday, March 21st. UBS Group downgraded shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Scotiabank upgraded shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and lifted their price target for the company from $275.00 to $277.50 in a research report on Wednesday, April 30th. Finally, Wall Street Zen lowered T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. Eleven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, T-Mobile US currently has a consensus rating of "Moderate Buy" and a consensus target price of $257.68.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. AG2R LA Mondiale Gestion D Actifs acquired a new position in shares of T-Mobile US in the 1st quarter valued at approximately $5,178,000. Swedbank AB increased its stake in shares of T-Mobile US by 1.0% in the first quarter. Swedbank AB now owns 273,890 shares of the Wireless communications provider's stock worth $73,049,000 after buying an additional 2,741 shares during the last quarter. 1248 Management LLC raised its holdings in T-Mobile US by 1.2% in the first quarter. 1248 Management LLC now owns 5,295 shares of the Wireless communications provider's stock valued at $1,412,000 after acquiring an additional 65 shares in the last quarter. Modern Wealth Management LLC boosted its stake in T-Mobile US by 39.8% during the 1st quarter. Modern Wealth Management LLC now owns 3,945 shares of the Wireless communications provider's stock valued at $1,053,000 after acquiring an additional 1,124 shares during the last quarter. Finally, Strs Ohio bought a new position in T-Mobile US during the 1st quarter valued at $60,075,000. Hedge funds and other institutional investors own 42.49% of the company's stock.

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.

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