T-Mobile US (NASDAQ:TMUS) Director Telekom Ag Deutsche Sells 64,426 Shares

Key Points

• Telekom Ag Deutsche, a director at T-Mobile US, sold 64,426 shares at an average price of $238.98, totaling over $15 million, and now retains approximately 634 million shares.
• T-Mobile US announced a quarterly dividend increase to $1.02, up from $0.88, with a yield of 1.7%, expected to be paid on December 11th.
• Analysts have a consensus rating of "Moderate Buy" for T-Mobile US, with a price target averaging around $258.02.

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Telekom Ag Deutsche sold 64,426 shares of the firm's stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $238.98, for a total value of $15,396,525.48. Following the transaction, the director owned 634,305,918 shares of the company's stock, valued at approximately $151,586,428,283.64. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Tuesday, September 23rd, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $238.41, for a total value of $15,359,802.66.
• On Thursday, September 18th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was 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 shares were 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 stock was 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 stock was 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 stock was 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 shares were sold at an average price of $256.44, for a total transaction of $17,909,769.60.
• On Friday, August 29th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $251.23, for a total transaction of $17,545,903.20.

T-Mobile US Price Performance

Shares of T-Mobile US stock traded down $0.47 on Friday, reaching $237.47. The stock had a trading volume of 2,525,284 shares, compared to its average volume of 4,284,339. T-Mobile US, Inc. has a 1 year low of $202.77 and a 1 year high of $276.49. 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 business's 50 day moving average is $244.76 and its two-hundred day moving average is $245.06. The company has a market cap of $267.25 billion, a P/E ratio of 22.40, a price-to-earnings-growth ratio of 1.31 and a beta of 0.61.

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

T-Mobile US Increases Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Corient Private Wealth LLC raised its position in T-Mobile US by 44.6% in the 2nd quarter. Corient Private Wealth LLC now owns 188,751 shares of the Wireless communications provider's stock valued at $44,972,000 after purchasing an additional 58,233 shares during the last quarter. Caldwell Trust Co purchased a new position in T-Mobile US in the 2nd quarter worth about $4,794,000. Valeo Financial Advisors LLC raised its stake in shares of T-Mobile US by 10.8% in the 2nd quarter. Valeo Financial Advisors LLC now owns 8,310 shares of the Wireless communications provider's stock valued at $1,980,000 after acquiring an additional 808 shares in the last quarter. WT Wealth Management grew its holdings in shares of T-Mobile US by 5.7% during the 2nd quarter. WT Wealth Management now owns 7,644 shares of the Wireless communications provider's stock worth $1,821,000 after purchasing an additional 415 shares in the last quarter. Finally, SevenBridge Financial Group LLC raised its position in T-Mobile US by 72.3% in the 2nd quarter. SevenBridge Financial Group LLC now owns 8,233 shares of the Wireless communications provider's stock valued at $2,077,000 after purchasing an additional 3,454 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Wall Street Analyst Weigh In

TMUS has been the subject of a number of recent research reports. Arete Research raised T-Mobile US to a "strong-buy" rating in a research report on Tuesday, July 8th. Morgan Stanley upped their price target on shares of T-Mobile US from $265.00 to $285.00 and gave the stock an "overweight" rating in a research note on Thursday, July 24th. The Goldman Sachs Group started coverage on shares of T-Mobile US in a research note on Tuesday, September 2nd. They set a "buy" rating and a $286.00 price target for the company. KeyCorp reiterated an "underweight" rating and set a $200.00 target price on shares of T-Mobile US in a research report on Wednesday, July 9th. Finally, Redburn Atlantic raised shares of T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price on the stock in a report on Monday, July 7th. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, T-Mobile US presently has a consensus rating of "Moderate Buy" and a consensus price target of $258.02.

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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