Investors Buy Large Volume of T-Mobile US Call Options (NASDAQ:TMUS)

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) was the target of unusually large options trading on Friday. Stock traders bought 15,533 call options on the stock. This represents an increase of approximately 45% compared to the typical daily volume of 10,734 call options.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on TMUS shares. Hsbc Global Res lowered T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. HSBC cut shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a research note on Wednesday, March 5th. Scotiabank raised shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and raised their price target for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. JPMorgan Chase & Co. boosted their price objective on T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 18th. Finally, Benchmark restated a "buy" rating and issued a $275.00 target price on shares of T-Mobile US in a research report on Thursday, March 27th. Eleven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US presently has an average rating of "Moderate Buy" and a consensus target price of $257.68.

T-Mobile US Trading Up 1.3%

TMUS traded up $3.01 on Monday, hitting $238.26. The company had a trading volume of 5,053,013 shares, compared to its average volume of 4,088,753. The company's fifty day moving average price is $240.00 and its 200 day moving average price is $242.93. T-Mobile US has a 1 year low of $173.74 and a 1 year high of $276.49. The company has a current ratio of 1.16, a quick ratio of 1.08 and a debt-to-equity ratio of 1.35. The firm has a market cap of $270.53 billion, a P/E ratio of 23.24, a PEG ratio of 1.30 and a beta of 0.64.

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 for the quarter, beating analysts' consensus estimates of $2.48 by $0.10. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The business had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.67 billion. During the same period in the previous year, the firm posted $2.00 earnings per share. The company's revenue was up 6.6% on a year-over-year basis. As a group, equities analysts expect that T-Mobile US will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a yield of 1.48%. T-Mobile US's dividend payout ratio (DPR) is presently 34.34%.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $230.56, for a total value of $16,102,310.40. Following the completion of the transaction, the director directly owned 648,149,724 shares in the company, valued at $149,437,400,365.44. The trade was a 0.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last 90 days, insiders sold 419,040 shares of company stock valued at $94,880,434. Corporate insiders own 0.37% of the company's stock.

Hedge Funds Weigh In On T-Mobile US

Several institutional investors have recently modified their holdings of the business. Activest Wealth Management increased its stake in shares of T-Mobile US by 9,400.0% during the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider's stock worth $25,000 after buying an additional 94 shares during the period. Godsey & Gibb Inc. lifted its position in T-Mobile US by 139.5% during the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after acquiring an additional 60 shares during the period. Rakuten Securities Inc. grew its stake in shares of T-Mobile US by 93.9% in the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock valued at $28,000 after purchasing an additional 62 shares during the last quarter. CoreFirst Bank & Trust acquired a new position in shares of T-Mobile US in the fourth quarter valued at approximately $28,000. Finally, Stone House Investment Management LLC purchased a new stake in shares of T-Mobile US during the first quarter worth approximately $29,000. Institutional investors and hedge funds own 42.49% of the company's stock.

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.