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 $230.41, totaling nearly $14.84 million, which represents a 0.01% decrease in their holdings.
• T-Mobile US announced a quarterly dividend increase to $1.02 per share, reflecting a positive shift from the previous $0.88, with the ex-dividend date set for November 26th.
• Despite a recent drop of 2.3% in stock price, analysts maintain a "Moderate Buy" consensus for T-Mobile US, with several firms providing optimistic price targets ranging from $228 to $300.

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $230.41, for a total value of $14,844,394.66. Following the completion of the transaction, the director owned 628,297,455 shares of the company's stock, valued at approximately $144,766,016,606.55. The trade was a 0.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Tuesday, September 30th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $239.54, for a total value of $15,432,604.04.
• On Monday, September 29th, Telekom Ag Deutsche sold 64,415 shares of T-Mobile US stock. The shares were sold at an average price of $238.11, for a total value of $15,337,855.65.
• On Thursday, September 25th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $238.98, for a total value of $15,396,525.48.
• On Tuesday, September 23rd, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $238.41, for a total transaction 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 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 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 value 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 value of $17,003,944.80.

T-Mobile US Trading Down 2.3%

Shares of TMUS stock traded down $5.31 on Monday, reaching $224.96. 6,169,387 shares of the stock were exchanged, compared to its average volume of 4,298,681. The stock has a market cap of $253.17 billion, a PE ratio of 21.22, a P/E/G ratio of 1.27 and a beta of 0.59. T-Mobile US, Inc. has a one year low of $207.40 and a one year high of $276.49. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. The stock has a 50 day moving average price of $244.56 and a 200 day moving average price of $243.90.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.69 by $0.15. The firm had revenue of $21.13 billion during the quarter, compared to analysts' expectations 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 quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the business posted $2.49 EPS. Equities research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal 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 dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Wednesday, November 26th. This is a positive change from T-Mobile US's previous quarterly dividend of $0.88. T-Mobile US's dividend payout ratio is presently 33.21%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TMUS. Activest Wealth Management grew its holdings in shares of T-Mobile US by 9,400.0% in the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider's stock valued at $25,000 after acquiring an additional 94 shares in the last quarter. Howard Hughes Medical Institute bought a new position in T-Mobile US in the second quarter valued at approximately $25,000. Missouri Trust & Investment Co grew its stake in T-Mobile US by 807.7% in the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider's stock valued at $28,000 after purchasing an additional 105 shares in the last quarter. Stone House Investment Management LLC bought a new position in T-Mobile US in the first quarter valued at approximately $29,000. Finally, Aspect Partners LLC grew its stake in shares of T-Mobile US by 112.1% in the second quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider's stock valued at $29,000 after buying an additional 65 shares in the last quarter. Institutional investors own 42.49% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on TMUS shares. The Goldman Sachs Group began coverage on shares of T-Mobile US in a research report on Tuesday, September 2nd. They set a "buy" rating and a $286.00 target price for the company. Redburn Atlantic upgraded T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 price objective for the company in a report on Monday, July 7th. JPMorgan Chase & Co. upped their price target on T-Mobile US from $280.00 to $300.00 and gave the company an "overweight" rating in a research note on Tuesday, September 30th. Bank of America assumed coverage on T-Mobile US in a research note on Monday, July 7th. They issued a "neutral" rating and a $255.00 price target for the company. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of T-Mobile US in a research note on Saturday, September 27th. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $264.29.

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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