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 of the company, amounting to a total value of approximately $14.73 million at an average price of $228.85.
• T-Mobile US reported an increase in its quarterly dividend from $0.88 to $1.02, reflecting growth in shareholder returns.
• As of recent trading, T-Mobile US’s stock is down 0.4%, with current shares priced at $229.08, while the company's market cap stands at about $257.81 billion.

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Telekom Ag Deutsche sold 64,426 shares of the business's stock in a transaction on Friday, October 17th. The shares were sold at an average price of $228.57, for a total transaction of $14,725,850.82. Following the sale, the director owned 627,588,769 shares of the company's stock, valued at approximately $143,447,964,930.33. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

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

• On Monday, October 20th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $228.85, for a total transaction of $14,743,890.10.
• On Wednesday, October 15th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $227.75, for a total transaction of $14,673,021.50.
• 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 shares were 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 stock was 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 shares were 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 shares were 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 stock was 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 stock was sold at an average price of $238.98, for a total transaction of $15,396,525.48.

T-Mobile US Trading Down 0.4%

Shares of NASDAQ:TMUS traded down $1.01 during trading on Tuesday, reaching $229.08. The stock had a trading volume of 3,572,209 shares, compared to its average volume of 4,283,537. The business has a fifty day moving average price of $241.58 and a 200-day moving average price of $241.22. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33. The stock has a market cap of $257.81 billion, a P/E ratio of 21.61, a PEG ratio of 1.57 and a beta of 0.59. T-Mobile US, Inc. has a fifty-two week low of $208.39 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same period in the previous year, the firm earned $2.49 earnings per share. T-Mobile US's revenue was up 6.9% compared to the same quarter last year. As a group, 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. Stockholders of record on Wednesday, November 26th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 1.8%. This is a boost from T-Mobile US's previous quarterly dividend of $0.88. The ex-dividend date is Wednesday, November 26th. T-Mobile US's payout ratio is currently 33.21%.

Hedge Funds Weigh In On T-Mobile US

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Davidson Investment Advisors boosted its position in shares of T-Mobile US by 0.8% during the 3rd quarter. Davidson Investment Advisors now owns 100,658 shares of the Wireless communications provider's stock valued at $24,096,000 after purchasing an additional 819 shares in the last quarter. Fulton Bank N.A. boosted its position in shares of T-Mobile US by 14.1% during the 3rd quarter. Fulton Bank N.A. now owns 4,406 shares of the Wireless communications provider's stock valued at $1,055,000 after purchasing an additional 544 shares in the last quarter. Synergy Asset Management LLC bought a new position in shares of T-Mobile US during the 3rd quarter valued at about $16,255,000. Signaturefd LLC boosted its position in shares of T-Mobile US by 1.5% during the 3rd quarter. Signaturefd LLC now owns 10,826 shares of the Wireless communications provider's stock valued at $2,591,000 after purchasing an additional 163 shares in the last quarter. Finally, PDS Planning Inc boosted its position in shares of T-Mobile US by 3.8% during the 3rd quarter. PDS Planning Inc now owns 2,657 shares of the Wireless communications provider's stock valued at $636,000 after purchasing an additional 97 shares in the last quarter. Institutional investors own 42.49% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TMUS. Rothschild & Co Redburn raised 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 report on Monday, July 7th. Redburn Atlantic raised shares of 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. Benchmark raised their price target on shares of T-Mobile US from $275.00 to $295.00 and gave the stock a "buy" rating in a research report on Friday, October 10th. BNP Paribas Exane raised their price target on shares of T-Mobile US from $290.00 to $305.00 and gave the stock an "outperform" rating in a research report on Monday, October 6th. Finally, JPMorgan Chase & Co. raised their price target on shares of T-Mobile US from $280.00 to $300.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 30th. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $266.17.

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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