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 stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $230.56, for a total value of $16,102,310.40. Following the completion of the sale, the director now owns 648,149,724 shares in the company, valued at approximately $149,437,400,365.44. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

• 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 value of $15,755,904.00.
• On Friday, June 20th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $221.80, for a total value 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 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 stock was sold at an average price of $228.75, for a total value of $15,975,900.00.

T-Mobile US Stock Performance

TMUS stock traded up $3.83 during trading on Friday, hitting $235.25. The company had a trading volume of 6,496,041 shares, compared to its average volume of 4,089,229. The firm has a market cap of $267.11 billion, a PE ratio of 22.95, a price-to-earnings-growth ratio of 1.27 and a beta of 0.64. T-Mobile US, Inc. has a 1-year low of $173.74 and a 1-year high of $276.49. The firm has a 50-day moving average price of $240.00 and a 200-day moving average price of $242.80. 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 (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.10. The firm had revenue of $20.89 billion for 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 firm's revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.00 EPS. On average, analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.50%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is presently 34.34%.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price target on T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a report on Tuesday, March 18th. Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and lifted their price target for the stock from $275.00 to $277.50 in a report on Wednesday, April 30th. HSBC downgraded T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target for the company. in a report on Wednesday, March 5th. UBS Group downgraded T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Finally, Tigress Financial lifted their price target on T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. Eleven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $257.68.

Hedge Funds Weigh In On T-Mobile US

Several institutional investors and hedge funds have recently added to or reduced their stakes in TMUS. MONECO Advisors LLC increased its position in T-Mobile US by 3.1% during the 4th quarter. MONECO Advisors LLC now owns 2,432 shares of the Wireless communications provider's stock worth $537,000 after purchasing an additional 72 shares during the period. World Equity Group Inc. acquired a new position in T-Mobile US during the 4th quarter worth approximately $292,000. Union Bancaire Privee UBP SA acquired a new position in T-Mobile US during the 4th quarter worth approximately $813,000. Crestwood Advisors Group LLC acquired a new position in T-Mobile US during the 4th quarter worth approximately $201,000. Finally, Rothschild Investment LLC boosted its stake in shares of T-Mobile US by 5.2% during the 4th quarter. Rothschild Investment LLC now owns 1,326 shares of the Wireless communications provider's stock worth $293,000 after acquiring an additional 66 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.