T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $16,221,736.80 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Telekom Ag Deutsche sold 69,840 shares of the company's stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $232.27, for a total value of $16,221,736.80. Following the completion of the transaction, the director directly owned 647,521,164 shares in the company, valued at $150,399,740,762.28. This trade represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Friday, July 11th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $227.55, for a total transaction of $15,892,092.00.
• On Thursday, July 10th, Telekom Ag Deutsche sold 69,390 shares of T-Mobile US stock. The stock was sold at an average price of $228.54, for a total transaction of $15,858,390.60.
• On Monday, July 7th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $238.08, for a total transaction of $16,627,507.20.
• On Wednesday, July 2nd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $237.89, for a total value of $16,614,237.60.
• On Monday, June 30th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $237.61, for a total value 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 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 value 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 shares were sold at an average price of $221.67, for a total transaction of $15,481,432.80.

T-Mobile US Trading Down 0.2%

TMUS stock traded down $0.39 during mid-day trading on Friday, reaching $227.76. The company had a trading volume of 3,093,664 shares, compared to its average volume of 4,106,018. The company has a market capitalization of $258.61 billion, a PE ratio of 22.22, a price-to-earnings-growth ratio of 1.29 and a beta of 0.62. The firm has a 50 day moving average of $237.87 and a 200 day moving average of $243.50. T-Mobile US, Inc. has a 12 month low of $173.74 and a 12 month high of $276.49. 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 (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.10. The firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The company's revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.00 earnings per share. On average, equities analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's payout ratio is 34.34%.

Wall Street Analyst Weigh In

Several research firms have weighed in on TMUS. Scotiabank upgraded T-Mobile US from a "sector perform" rating to a "sector outperform" rating and upped their price target for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. Bank of America started coverage on shares of T-Mobile US in a research report on Monday. They set a "neutral" rating and a $255.00 target price for the company. Benchmark reiterated a "buy" rating and issued a $275.00 price target on shares of T-Mobile US in a report on Thursday, March 27th. Redburn Atlantic upgraded shares of T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 price target on the stock in a research report on Monday. Finally, Wall Street Zen downgraded shares of T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, ten have given a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $252.61.

Hedge Funds Weigh In On T-Mobile US

A number of hedge funds and other institutional investors have recently modified their holdings of TMUS. Activest Wealth Management grew its stake in T-Mobile US by 9,400.0% in the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider's stock valued at $25,000 after purchasing an additional 94 shares during the last quarter. Godsey & Gibb Inc. raised its holdings in shares of T-Mobile US by 139.5% in the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after buying an additional 60 shares during the last quarter. Rakuten Securities Inc. lifted its stake in shares of T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after buying an additional 62 shares during the period. CoreFirst Bank & Trust acquired a new stake in shares of T-Mobile US during the fourth quarter worth $28,000. Finally, Stone House Investment Management LLC acquired a new stake in T-Mobile US during the 1st quarter worth about $29,000. 42.49% of the stock is currently owned by institutional investors.

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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