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 dated Wednesday, July 2nd. The stock was sold at an average price of $237.89, for a total value of $16,614,237.60. Following the sale, the director directly owned 647,800,524 shares of the company's stock, valued at $154,105,266,654.36. 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 at this link.

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 transaction of $16,594,682.40.
• On Friday, June 27th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $234.34, for a total value of $16,366,305.60.
• 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 transaction of $16,102,310.40.
• On Monday, June 23rd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were 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 stock was sold at an average price of $221.67, for a total value of $15,481,432.80.
• On Monday, June 16th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $230.16, for a total transaction 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 transaction of $15,975,900.00.

T-Mobile US Trading Up 1.2%

Shares of TMUS traded up $2.89 on Thursday, hitting $240.31. 1,998,845 shares of the stock traded hands, compared to its average volume of 4,095,903. The firm has a market capitalization of $272.86 billion, a P/E ratio of 23.44, a P/E/G ratio of 1.31 and a beta of 0.62. The company has a quick ratio of 1.08, a current ratio of 1.16 and a debt-to-equity ratio of 1.35. T-Mobile US, Inc. has a 1 year low of $173.74 and a 1 year high of $276.49. The stock's 50 day moving average is $238.92 and its two-hundred day moving average is $242.92.

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

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be issued a $0.88 dividend. The ex-dividend date is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.46%. T-Mobile US's dividend payout ratio (DPR) is 34.34%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on TMUS shares. Benchmark restated a "buy" rating and set a $275.00 price target on shares of T-Mobile US in a research note on Thursday, March 27th. Scotiabank upgraded shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and lifted their price objective for the company from $275.00 to $277.50 in a research report on Wednesday, April 30th. JPMorgan Chase & Co. lifted their price objective on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a report on Tuesday, March 18th. UBS Group cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st. Finally, Citigroup cut shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price for the company. in a report on Friday, March 14th. Eleven analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $257.68.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Avantax Advisory Services Inc. raised its holdings in shares of T-Mobile US by 5.2% during the 4th quarter. Avantax Advisory Services Inc. now owns 37,478 shares of the Wireless communications provider's stock valued at $8,272,000 after buying an additional 1,859 shares during the period. Burling Wealth Partners LLC acquired a new stake in shares of T-Mobile US during the fourth quarter worth $2,539,000. Mizuho Securities USA LLC raised its stake in T-Mobile US by 45.4% during the fourth quarter. Mizuho Securities USA LLC now owns 46,195 shares of the Wireless communications provider's stock worth $10,197,000 after acquiring an additional 14,418 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of T-Mobile US during the 4th quarter worth approximately $452,721,000. Finally, GC Wealth Management RIA LLC lifted its stake in T-Mobile US by 14.3% in the fourth quarter. GC Wealth Management RIA LLC now owns 12,703 shares of the Wireless communications provider's stock valued at $2,804,000 after buying an additional 1,592 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

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.

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