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

Key Points

• Telekom Ag Deutsche, a director of T-Mobile US, sold 64,426 shares at an average price of $227.75, totaling approximately $14.67 million, which decreased their ownership by 0.01%.
• T-Mobile US recently announced an increase in its quarterly dividend to $1.02, up from $0.88, representing an annual yield of 1.8% and reflecting strong financial performance.
• The company's stock price recently rose 1.3% to $229.33, with a market capitalization of $258.09 billion and significant revenue growth reported in its latest earnings.

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 that occurred on Wednesday, October 15th. The stock was sold at an average price of $227.75, for a total transaction of $14,673,021.50. Following the sale, the director owned 627,717,621 shares of the company's stock, valued at $142,962,688,182.75. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Monday, October 13th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $226.15, for a total transaction of $14,569,939.90.
• On Friday, October 10th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $228.42, for a total transaction of $14,716,186.92.
• On Wednesday, October 8th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $226.17, for a total transaction of $14,571,228.42.
• On Monday, October 6th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $224.60, for a total transaction of $14,470,079.60.
• On Thursday, October 2nd, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $230.41, for a total transaction of $14,844,394.66.
• On Tuesday, September 30th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $239.54, for a total transaction 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 transaction 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 transaction of $15,396,525.48.
• 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 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.

T-Mobile US Stock Up 1.3%

Shares of TMUS traded up $2.88 on Friday, reaching $229.33. The company's stock had a trading volume of 3,434,384 shares, compared to its average volume of 4,279,077. T-Mobile US, Inc. has a twelve month low of $208.39 and a twelve month 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 firm has a fifty day moving average of $242.27 and a 200-day moving average of $241.96. The stock has a market capitalization of $258.09 billion, a PE ratio of 21.63, a PEG ratio of 1.55 and a beta of 0.59.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data 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. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The business had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same period in the prior year, the firm posted $2.49 EPS. The firm's quarterly revenue was up 6.9% compared to the same quarter last year. Equities analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current 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 paid a $1.02 dividend. The ex-dividend date is Wednesday, November 26th. This represents a $4.08 annualized dividend and a yield of 1.8%. This is a boost from T-Mobile US's previous quarterly dividend of $0.88. T-Mobile US's dividend payout ratio is currently 33.21%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings in shares of T-Mobile US by 10.2% during the first quarter. GAMMA Investing LLC now owns 11,449 shares of the Wireless communications provider's stock valued at $3,054,000 after purchasing an additional 1,059 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of T-Mobile US by 1.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 559,131 shares of the Wireless communications provider's stock valued at $149,126,000 after purchasing an additional 5,957 shares during the last quarter. Insigneo Advisory Services LLC raised its holdings in shares of T-Mobile US by 22.0% during the first quarter. Insigneo Advisory Services LLC now owns 1,911 shares of the Wireless communications provider's stock valued at $510,000 after purchasing an additional 344 shares during the last quarter. Kingswood Wealth Advisors LLC raised its holdings in shares of T-Mobile US by 31.8% during the first quarter. Kingswood Wealth Advisors LLC now owns 2,824 shares of the Wireless communications provider's stock valued at $753,000 after purchasing an additional 681 shares during the last quarter. Finally, CWA Asset Management Group LLC raised its holdings in shares of T-Mobile US by 55.1% during the first quarter. CWA Asset Management Group LLC now owns 2,952 shares of the Wireless communications provider's stock valued at $787,000 after purchasing an additional 1,049 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on TMUS shares. KeyCorp restated an "underweight" rating and set a $200.00 price objective on shares of T-Mobile US in a research report on Wednesday, July 9th. 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 target price on the stock. Moffett Nathanson increased their target price on shares of T-Mobile US from $210.00 to $230.00 and gave the company a "neutral" rating in a report on Thursday, October 2nd. Wells Fargo & Company raised shares of T-Mobile US from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $250.00 to $260.00 in a report on Thursday. Finally, Arete Research raised shares of T-Mobile US to a "strong-buy" rating in a report on Tuesday, July 8th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, T-Mobile US currently has a consensus rating of "Moderate Buy" and a consensus price target of $266.17.

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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