T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $15,975,900.00 in 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 Thursday, June 12th. The stock was sold at an average price of $228.75, for a total transaction of $15,975,900.00. Following the completion of the transaction, the director now owns 588,413,779 shares of the company's stock, valued at approximately $134,599,651,946.25. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• 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.

T-Mobile US Stock Up 1.3%

TMUS stock traded up $2.99 during trading hours on Monday, hitting $230.99. The company's stock had a trading volume of 3,709,646 shares, compared to its average volume of 4,078,432. The stock has a 50 day moving average price of $246.27 and a two-hundred day moving average price of $243.82. T-Mobile US, Inc. has a 12 month low of $173.74 and a 12 month high of $276.49. The company has a market capitalization of $262.28 billion, a PE ratio of 23.89, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.48 by $0.10. The firm had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.67 billion. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. T-Mobile US's revenue for the quarter was up 6.6% on a year-over-year basis. During the same period in the prior year, the company posted $2.00 earnings per share. On average, equities research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently declared 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 1.52%. T-Mobile US's dividend payout ratio (DPR) is presently 34.34%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Scotiabank upgraded shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and lifted their price objective for the stock from $275.00 to $277.50 in a research report on Wednesday, April 30th. JPMorgan Chase & Co. lifted their price target on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a report on Tuesday, March 18th. HSBC downgraded T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price objective for the company. in a research note on Wednesday, March 5th. Hsbc Global Res cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Finally, Wall Street Zen lowered shares of T-Mobile US from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Eleven equities research 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, T-Mobile US presently has an average rating of "Moderate Buy" and an average target price of $257.68.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Tallon Kerry Patrick bought a new position in shares of T-Mobile US in the fourth quarter valued at approximately $2,138,000. Van ECK Associates Corp grew its stake in T-Mobile US by 3.1% in the 4th quarter. Van ECK Associates Corp now owns 20,855 shares of the Wireless communications provider's stock valued at $4,603,000 after buying an additional 625 shares during the last quarter. Banque Pictet & Cie SA bought a new position in T-Mobile US in the 4th quarter worth $285,000. Congress Asset Management Co. acquired a new position in T-Mobile US during the 4th quarter worth $1,879,000. Finally, Principal Securities Inc. grew its position in shares of T-Mobile US by 21.8% in the fourth quarter. Principal Securities Inc. now owns 12,175 shares of the Wireless communications provider's stock valued at $2,687,000 after purchasing an additional 2,181 shares during the last quarter. Institutional investors and hedge funds 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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