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

Key Points

• Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock on August 22nd at an average price of $254.79, totaling nearly $17.8 million, while decreasing their ownership by 0.01%.
• T-Mobile US recently reported a quarterly earnings of $2.84 EPS, surpassing estimates, with revenue of $21.13 billion, reflecting a year-over-year increase of 6.9%.
• The company announced a quarterly dividend of $0.88 per share, payable on September 11th, reflecting a 1.4% dividend yield and a payout ratio of 33.21%.

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $254.79, for a total transaction of $17,794,533.60. Following the sale, the director directly owned 635,852,684 shares in the company, valued at $162,008,905,356.36. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, August 25th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $251.32, for a total value of $17,552,188.80.
• On Wednesday, August 20th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $259.87, for a total transaction of $18,149,320.80.
• On Monday, August 18th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $255.46, for a total transaction of $17,841,326.40.
• On Thursday, August 14th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $250.87, for a total transaction of $17,520,760.80.
• On Monday, August 11th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $247.58, for a total value of $17,290,987.20.
• On Friday, August 8th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $245.19, for a total value of $17,124,069.60.
• On Wednesday, August 6th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $239.71, for a total value of $16,741,346.40.
• On Monday, August 4th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $239.24, for a total value of $16,708,521.60.
• On Friday, August 1st, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $237.29, for a total value of $16,572,333.60.
• On Wednesday, July 30th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $241.08, for a total transaction of $16,837,027.20.

T-Mobile US Trading Down 0.1%

NASDAQ:TMUS traded down $0.21 during mid-day trading on Monday, hitting $251.74. 4,286,126 shares of the stock traded hands, compared to its average volume of 3,841,946. The stock has a market capitalization of $283.31 billion, a price-to-earnings ratio of 23.77, a PEG ratio of 1.38 and a beta of 0.62. T-Mobile US, Inc. has a 52 week low of $192.61 and a 52 week high of $276.49. 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 firm's 50 day moving average is $237.98 and its two-hundred day moving average is $248.02.

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

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is 33.21%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on TMUS shares. Wall Street Zen downgraded shares of T-Mobile US from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Rothschild & Co Redburn raised shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 target price for the company in a research note on Monday, July 7th. Bank of America assumed coverage on shares of T-Mobile US in a research report on Monday, July 7th. They set a "neutral" rating and a $255.00 price target for the company. Arete Research raised shares of T-Mobile US to a "strong-buy" rating in a research report on Tuesday, July 8th. Finally, JPMorgan Chase & Co. lifted their price objective on T-Mobile US from $270.00 to $280.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Three analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $256.31.

Institutional Trading of T-Mobile US

A number of hedge funds have recently bought and sold shares of the stock. Activest Wealth Management boosted its position 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 worth $25,000 after purchasing an additional 94 shares during the last quarter. Howard Hughes Medical Institute acquired a new position in shares of T-Mobile US in the second quarter valued at $25,000. Godsey & Gibb Inc. increased its stake in shares of T-Mobile US by 139.5% during the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after purchasing an additional 60 shares during the period. Missouri Trust & Investment Co raised its stake in T-Mobile US by 807.7% in the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider's stock worth $28,000 after purchasing an additional 105 shares in the last quarter. Finally, Stone House Investment Management LLC bought a new stake in shares of T-Mobile US during the 1st quarter valued at $29,000. 42.49% of the stock is owned by institutional investors.

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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