T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche Sells 69,840 Shares

Key Points

• Telekom Ag Deutsche, a director at T-Mobile US, sold 69,840 shares of the company's stock for approximately $16.74 million, reflecting a slight decrease in their overall ownership position.
• T-Mobile US's stock is currently trading at about $242.93, with a market capitalization of $273.40 billion and recent earnings exceeding analyst expectations.
• The company has declared a quarterly dividend of $0.88 per share, which will be distributed to shareholders on September 11th, with an annualized yield of 1.4%.

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $239.71, for a total transaction of $16,741,346.40. Following the completion of the sale, the director directly owned 646,124,364 shares in the company, valued at approximately $154,882,471,294.44. This represents a 0.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Monday, August 4th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $239.24, for a total transaction of $16,708,521.60.
• On Friday, August 1st, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $237.29, for a total transaction of $16,572,333.60.
• On Wednesday, July 30th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $241.08, for a total transaction of $16,837,027.20.
• On Monday, July 28th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $238.61, for a total transaction of $16,664,522.40.
• On Friday, July 25th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $244.98, for a total transaction of $17,109,403.20.
• On Wednesday, July 23rd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $232.63, for a total transaction of $16,246,879.20.
• On Monday, July 21st, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $232.58, for a total transaction of $16,243,387.20.
• On Friday, July 18th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $227.13, for a total transaction of $15,862,759.20.
• On Wednesday, July 16th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $228.28, for a total transaction of $15,943,075.20.
• On Monday, July 14th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $228.34, for a total transaction of $15,947,265.60.

T-Mobile US Trading Up 1.6%

Shares of TMUS stock traded up $3.71 during mid-day trading on Thursday, reaching $242.93. The stock had a trading volume of 4,061,180 shares, compared to its average volume of 4,393,202. The stock's 50-day moving average price is $234.72 and its two-hundred day moving average price is $245.80. T-Mobile US, Inc. has a 52-week low of $190.00 and a 52-week high of $276.49. The firm has a market capitalization of $273.40 billion, a PE ratio of 22.92, a price-to-earnings-growth ratio of 1.31 and a beta of 0.62. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.69 by $0.15. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The firm had revenue of $21.13 billion for the quarter, compared to analysts' expectations of $20.99 billion. During the same quarter in the previous year, the company earned $2.49 earnings per share. The company's revenue for the quarter was up 6.9% compared to the same quarter last year. Equities analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently announced 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 of this dividend is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.4%. T-Mobile US's payout ratio is presently 33.21%.

Institutional Investors Weigh In On T-Mobile US

Large investors have recently modified their holdings of the stock. Activest Wealth Management boosted its stake in shares of T-Mobile US by 9,400.0% during the 1st 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 in the last quarter. Godsey & Gibb Inc. boosted its stake in T-Mobile US by 139.5% during the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after acquiring an additional 60 shares in the last quarter. Missouri Trust & Investment Co boosted its stake in T-Mobile US by 807.7% during the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider's stock worth $28,000 after acquiring an additional 105 shares in the last quarter. Stone House Investment Management LLC bought a new stake in T-Mobile US during the first quarter worth about $29,000. Finally, Aspect Partners LLC boosted its stake in T-Mobile US by 112.1% during the second quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider's stock worth $29,000 after acquiring an additional 65 shares in the last quarter. Institutional investors own 42.49% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Rothschild & Co Redburn raised shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price objective for the company in a report on Monday, July 7th. Morgan Stanley raised their price objective on shares of T-Mobile US from $265.00 to $285.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Arete Research raised shares of T-Mobile US to a "strong-buy" rating in a report on Tuesday, July 8th. Wall Street Zen downgraded shares of T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Finally, Scotiabank raised shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and raised their price target for the company from $275.00 to $277.50 in a report on Wednesday, April 30th. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating, nine have given a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $256.31.

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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