Telekom Ag Deutsche Sells 69,840 Shares of T-Mobile US, Inc. (NASDAQ:TMUS) Stock

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $221.67, for a total transaction of $15,481,432.80. Following the transaction, the director now owns 648,429,084 shares of the company's stock, valued at approximately $143,737,275,050.28. The trade was a 0.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Friday, June 20th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $221.80, for a total value of $15,490,512.00.
• On Monday, June 16th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $230.16, for a total value of $16,074,374.40.
• On Thursday, June 12th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $228.75, for a total transaction of $15,975,900.00.

T-Mobile US Price Performance

NASDAQ TMUS traded up $0.53 during trading hours on Friday, reaching $221.52. The company's stock had a trading volume of 8,850,602 shares, compared to its average volume of 4,110,744. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.08 and a current ratio of 1.16. The stock has a market cap of $251.52 billion, a PE ratio of 21.61, a PEG ratio of 1.22 and a beta of 0.64. The company's 50-day moving average is $243.17 and its two-hundred day moving average is $243.07. T-Mobile US, Inc. has a fifty-two week low of $173.74 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.10. The firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The company's quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.00 EPS. Analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed 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. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's payout ratio is currently 34.34%.

Institutional Trading of T-Mobile US

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TMUS. Norges Bank acquired a new stake in shares of T-Mobile US during the 4th quarter worth about $1,802,393,000. GAMMA Investing LLC boosted its position in T-Mobile US by 29,289.4% during the first quarter. GAMMA Investing LLC now owns 3,053,563 shares of the Wireless communications provider's stock worth $814,416,000 after acquiring an additional 3,043,173 shares during the last quarter. Canada Pension Plan Investment Board grew its stake in T-Mobile US by 85.5% in the 4th quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider's stock worth $1,329,919,000 after acquiring an additional 2,777,657 shares during the period. Nuveen LLC acquired a new position in T-Mobile US in the 1st quarter valued at $618,248,000. Finally, Raymond James Financial Inc. purchased a new position in shares of T-Mobile US during the 4th quarter worth $452,721,000. Hedge funds and other institutional investors own 42.49% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Tigress Financial upped their target price on T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Benchmark reissued a "buy" rating and issued a $275.00 price objective on shares of T-Mobile US in a report on Thursday, March 27th. UBS Group cut shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Scotiabank upgraded shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and increased their price target for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. Finally, Citigroup cut shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price for the company. in a report on Friday, March 14th. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $257.68.

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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