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 Monday, July 7th. The shares were sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the transaction, the director owned 647,660,844 shares in the company, valued at $154,195,093,739.52. This represents a 0.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Wednesday, July 2nd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $237.89, for a total transaction of $16,614,237.60.
• 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 stock was sold at an average price of $234.34, for a total transaction of $16,366,305.60.
• On Wednesday, June 25th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were 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 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 transaction of $16,074,374.40.
• On Thursday, June 12th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $228.75, for a total transaction of $15,975,900.00.

T-Mobile US Stock Down 0.7%

Shares of NASDAQ TMUS traded down $1.66 during midday trading on Tuesday, hitting $235.97. 3,020,835 shares of the company's stock were exchanged, compared to its average volume of 4,097,314. The firm's fifty day simple moving average is $238.65 and its 200-day simple moving average is $243.59. The company has a market cap of $267.93 billion, a PE ratio of 23.02, a P/E/G ratio of 1.10 and a beta of 0.62. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.16 and a quick ratio of 1.08. T-Mobile US, Inc. has a twelve month low of $173.74 and a twelve month high of $276.49.

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. The business had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The company's quarterly revenue was up 6.6% compared to the same quarter last year. During the same period last year, the firm earned $2.00 EPS. Research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Friday, August 29th. T-Mobile US's payout ratio is currently 34.34%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on TMUS shares. Tigress Financial raised their price objective on T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Wall Street Zen lowered shares of T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Redburn Atlantic upgraded T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price for the company in a research report on Monday. UBS Group lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Finally, Royal Bank Of Canada lifted their target price on T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a research report on Friday, March 21st. Fourteen analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $254.98.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Wellington Management Group LLP boosted its holdings in shares of T-Mobile US by 1.7% in the first quarter. Wellington Management Group LLP now owns 12,846,939 shares of the Wireless communications provider's stock valued at $3,426,407,000 after acquiring an additional 214,224 shares in the last quarter. Geode Capital Management LLC boosted its holdings in T-Mobile US by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 11,857,917 shares of the Wireless communications provider's stock worth $2,610,542,000 after buying an additional 90,755 shares in the last quarter. Invesco Ltd. boosted its holdings in T-Mobile US by 4.6% during the fourth quarter. Invesco Ltd. now owns 8,809,417 shares of the Wireless communications provider's stock worth $1,944,503,000 after buying an additional 384,956 shares in the last quarter. Norges Bank bought a new stake in T-Mobile US during the fourth quarter worth approximately $1,802,393,000. Finally, Canada Pension Plan Investment Board boosted its holdings in T-Mobile US by 14.3% during the first quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider's stock worth $1,837,399,000 after buying an additional 864,030 shares in the last quarter. Institutional investors and hedge funds 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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