T-Mobile US (NASDAQ:TMUS) Director Sells $17,552,188.80 in Stock

Key Points

• T-Mobile US Director Telekom Ag Deutsche sold 69,840 shares of the company's stock for approximately $17.55 million, reducing their ownership by 0.01% to over 635 million shares.
• The company announced a quarterly dividend of $0.88 per share, with a record date of August 29th, representing an annualized yield of 1.4%.
• T-Mobile US reported a 6.9% increase in revenue year-over-year, with a quarterly EPS of $2.84 surpassing analyst expectations.

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 Monday, August 25th. The stock was sold at an average price of $251.32, for a total transaction of $17,552,188.80. Following the completion of the sale, the director owned 635,782,844 shares of the company's stock, valued at $159,784,944,354.08. This trade represents 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 available through this link.

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

• On Friday, August 22nd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $254.79, for a total transaction of $17,794,533.60.
• On Wednesday, August 20th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $259.87, for a total transaction of $18,149,320.80.
• On Monday, August 18th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $255.46, for a total transaction of $17,841,326.40.
• On Thursday, August 14th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $250.87, for a total transaction of $17,520,760.80.
• On Monday, August 11th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $247.58, for a total transaction of $17,290,987.20.
• On Friday, August 8th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $245.19, for a total transaction of $17,124,069.60.
• On Wednesday, August 6th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $239.71, for a total transaction of $16,741,346.40.
• 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 stock was 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 stock was sold at an average price of $241.08, for a total transaction of $16,837,027.20.

T-Mobile US Stock Performance

NASDAQ:TMUS traded down $0.21 during trading hours on Monday, reaching $251.74. The company had a trading volume of 4,286,126 shares, compared to its average volume of 3,841,946. T-Mobile US, Inc. has a 52 week low of $192.61 and a 52 week high of $276.49. The firm's 50 day moving average price is $237.98 and its 200-day moving average price is $248.02. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. The firm has a market cap of $283.31 billion, a price-to-earnings ratio of 23.77, a PEG ratio of 1.38 and a beta of 0.62.

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

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors 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 dividend on an annualized basis and a dividend yield of 1.4%. T-Mobile US's payout ratio is 33.21%.

Hedge Funds Weigh In On T-Mobile US

Hedge funds have recently added to or reduced their stakes in the stock. Crestwood Advisors Group LLC boosted its stake in shares of T-Mobile US by 79.5% during the first quarter. Crestwood Advisors Group LLC now owns 1,635 shares of the Wireless communications provider's stock valued at $436,000 after purchasing an additional 724 shares in the last quarter. Advisor Resource Council purchased a new stake in T-Mobile US during the first quarter valued at approximately $463,000. Main Street Research LLC lifted its position in T-Mobile US by 1.0% during the first quarter. Main Street Research LLC now owns 177,902 shares of the Wireless communications provider's stock valued at $47,448,000 after acquiring an additional 1,788 shares during the last quarter. Sawgrass Asset Management LLC purchased a new stake in T-Mobile US during the first quarter valued at approximately $6,543,000. Finally, Parr Mcknight Wealth Management Group LLC purchased a new stake in T-Mobile US during the fourth quarter valued at approximately $1,935,000. 42.49% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Tigress Financial boosted their price target on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Rothschild & Co Redburn upgraded shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price target on the stock in a research note on Monday, July 7th. Wall Street Zen cut shares of T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. Royal Bank Of Canada boosted their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the stock a "sector perform" rating in a research note on Friday, July 25th. Finally, KeyCorp reiterated an "underweight" rating and issued a $200.00 price target on shares of T-Mobile US in a research note on Wednesday, July 9th. Three research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average 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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