T-Mobile US (NASDAQ:TMUS) Director Sells $15,359,802.66 in Stock

Key Points

• T-Mobile US Director Telekom Ag Deutsche sold 64,426 shares of the stock for approximately $15.36 million, resulting in a 0.01% decrease in their holdings.
• The company announced a quarterly dividend increase to $1.02 per share, with an annualized yield of 1.7%, set to be paid on December 11th.
• T-Mobile US stock is currently down 0.5%, trading at $238.40, with a market capitalization of $268.30 billion.

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Telekom Ag Deutsche sold 64,426 shares of the stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $238.41, for a total value of $15,359,802.66. Following the completion of the transaction, the director owned 634,434,770 shares of the company's stock, valued at approximately $151,255,593,515.70. This trade represents a 0.01% decrease in their position. 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 Thursday, September 18th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $239.18, for a total transaction of $15,409,410.68.
• On Tuesday, September 16th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $237.65, for a total transaction of $15,310,838.90.
• On Monday, September 15th, Telekom Ag Deutsche sold 64,452 shares of T-Mobile US stock. The stock was sold at an average price of $240.65, for a total transaction of $15,510,373.80.
• On Friday, September 12th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $241.65, for a total transaction of $15,568,542.90.
• On Wednesday, September 10th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $240.08, for a total transaction of $16,767,187.20.
• On Monday, September 8th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $243.47, for a total transaction of $17,003,944.80.
• On Thursday, September 4th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $252.94, for a total transaction of $17,665,329.60.
• On Tuesday, September 2nd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $256.44, for a total value of $17,909,769.60.
• On Friday, August 29th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $251.23, for a total value of $17,545,903.20.
• On Wednesday, August 27th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $251.35, for a total value of $17,554,284.00.

T-Mobile US Stock Down 0.5%

T-Mobile US stock traded down $1.09 during mid-day trading on Wednesday, hitting $238.40. The company had a trading volume of 3,683,445 shares, compared to its average volume of 4,301,393. T-Mobile US, Inc. has a 12 month low of $201.71 and a 12 month high of $276.49. The company has a market capitalization of $268.30 billion, a PE ratio of 22.49, a price-to-earnings-growth ratio of 1.30 and a beta of 0.61. The stock's 50 day moving average price is $244.34 and its two-hundred day moving average price is $245.31. 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 issued its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, beating the consensus estimate of $2.69 by $0.15. The firm had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The company's revenue was up 6.9% on a year-over-year basis. During the same period last year, the company earned $2.49 earnings per share. As a group, sell-side analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 1.7%. This is a boost from T-Mobile US's previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Wednesday, November 26th. T-Mobile US's dividend payout ratio is presently 33.21%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Bank of America assumed coverage on shares of T-Mobile US in a report on Monday, July 7th. They set a "neutral" rating and a $255.00 price target on the stock. Arete Research upgraded T-Mobile US to a "strong-buy" rating in a research note on Tuesday, July 8th. Morgan Stanley lifted their target price on T-Mobile US from $265.00 to $285.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Redburn Atlantic raised T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 price target on the stock in a report on Monday, July 7th. Finally, Rothschild & Co Redburn raised T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price objective on the stock in a research report on Monday, July 7th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $258.02.

Institutional Investors Weigh In On T-Mobile US

A number of hedge funds have recently bought and sold shares of TMUS. Norges Bank bought a new position in shares of T-Mobile US in the 2nd quarter valued at about $1,477,780,000. GAMMA Investing LLC raised its position in T-Mobile US by 29,289.4% during the first quarter. GAMMA Investing LLC now owns 3,053,563 shares of the Wireless communications provider's stock valued at $814,416,000 after purchasing an additional 3,043,173 shares during the period. Nuveen LLC purchased a new stake in T-Mobile US during the first quarter valued at approximately $618,248,000. Marshall Wace LLP lifted its stake in shares of T-Mobile US by 2,303.2% in the 2nd quarter. Marshall Wace LLP now owns 1,797,086 shares of the Wireless communications provider's stock valued at $428,174,000 after purchasing an additional 1,878,654 shares during the last quarter. Finally, Viking Global Investors LP boosted its holdings in shares of T-Mobile US by 81.7% in the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider's stock worth $677,925,000 after purchasing an additional 1,279,422 shares during the period. Hedge funds and other institutional investors 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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