Insider Selling: T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells 170,703 Shares of Stock

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Telekom Ag Deutsche sold 170,703 shares of the business's stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $160.08, for a total transaction of $27,326,136.24. Following the completion of the transaction, the director now directly owns 679,946,840 shares of the company's stock, valued at approximately $108,845,890,147.20. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• 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 transaction of $27,353,448.72.
• On Wednesday, April 10th, Telekom Ag Deutsche sold 170,903 shares of T-Mobile US stock. The shares were 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 shares were 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 stock was 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 transaction of $30,800,511.30.
• On Wednesday, March 27th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $161.87, for a total transaction 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 shares were 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 value of $30,529,283.20.

T-Mobile US Stock Up 0.2 %

NASDAQ TMUS traded up $0.30 during mid-day trading on Wednesday, reaching $160.09. 4,098,282 shares of the company's stock traded hands, compared to its average volume of 4,526,863. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. T-Mobile US, Inc. has a 1-year low of $124.92 and a 1-year high of $168.64. The company has a fifty day simple moving average of $162.32 and a 200-day simple moving average of $155.88. The company has a market cap of $190.01 billion, a price-to-earnings ratio of 23.06, a P/E/G ratio of 0.65 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 EPS for the quarter, missing the consensus estimate of $1.90 by ($0.23). The business had revenue of $20.48 billion for the quarter, compared to analysts' expectations of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The business's quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.18 earnings per share. As a group, equities research analysts expect that T-Mobile US, Inc. will post 8.95 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.62%. The ex-dividend date is Friday, May 31st. T-Mobile US's payout ratio is currently 37.52%.

Analyst Ratings Changes

A number of research firms have issued reports on TMUS. Wells Fargo & Company boosted their price target on T-Mobile US from $175.00 to $185.00 and gave the company an "overweight" rating in a research report on Monday, January 22nd. Raymond James raised their price target on shares of T-Mobile US from $180.00 to $185.00 and gave the company a "strong-buy" rating in a report on Friday, January 26th. Oppenheimer reiterated an "outperform" rating and set a $190.00 price objective on shares of T-Mobile US in a research note on Wednesday, April 3rd. Morgan Stanley raised their target price on shares of 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, Citigroup upped 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. One analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of $185.93.

Hedge Funds Weigh In On T-Mobile US

A number of hedge funds have recently bought and sold shares of TMUS. Norges Bank acquired a new position in shares of T-Mobile US in the 4th quarter valued at about $3,338,708,000. Morgan Stanley grew its stake in T-Mobile US by 0.9% during the 3rd 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 increased its position in T-Mobile US by 7.1% in 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 period. Invesco Ltd. grew its position in shares of 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 acquiring an additional 45,196 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in T-Mobile US by 0.7% in the 3rd 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 purchasing an additional 47,956 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

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.