Insider Selling: T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $31,031,908.70 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 189,670 shares of the firm’s stock in a transaction that occurred on Wednesday, April 24th. The shares were sold at an average price of $163.61, for a total value of $31,031,908.70. Following the transaction, the director now owns 67,861,580 shares of the company’s stock, valued at approximately $11,102,833,103.80. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

• On Friday, April 26th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $163.26, for a total transaction of $30,965,524.20.
• On Monday, April 22nd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $162.58, for a total value of $30,836,548.60.
• On Friday, April 19th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $161.87, for a total value of $30,701,882.90.
• On Wednesday, April 17th, Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock. The shares were sold at an average price of $159.98, for a total value of $27,309,065.94.
• On Monday, April 15th, Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock. The stock was sold at an average price of $160.24, for a total transaction of $27,353,448.72.
• On Friday, April 12th, Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock. The shares were sold at an average price of $160.08, for a total transaction of $27,326,136.24.
• On Wednesday, April 10th, Telekom Ag Deutsche sold 170,903 shares of T-Mobile US stock. The shares were sold at an average price of $159.95, for a total transaction of $27,335,934.85.
• On Monday, April 8th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $161.20, for a total transaction of $30,574,804.00.
• On Friday, April 5th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $161.41, for a total value of $30,614,634.70.
• On Wednesday, April 3rd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $162.49, for a total value of $30,819,478.30.

T-Mobile US Price Performance

Shares of TMUS stock opened at $163.96 on Monday. The stock’s 50-day moving average is $162.51 and its 200 day moving average is $157.18. T-Mobile US, Inc. has a 1-year low of $124.92 and a 1-year high of $168.64. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.91 and a quick ratio of 0.83. The company has a market cap of $194.60 billion, a P/E ratio of 22.31, a PEG ratio of 0.68 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, beating the consensus estimate of $1.83 by $0.17. T-Mobile US had a net margin of 11.15% and a return on equity of 13.45%. The business had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. During the same period in the prior year, the firm posted $1.58 earnings per share. The company’s quarterly revenue was down .2% on a year-over-year basis. Research analysts predict that T-Mobile US, Inc. will post 8.97 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.59%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s dividend payout ratio is presently 35.37%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on TMUS shares. Tigress Financial increased their target price on T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. Raymond James raised their price target on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 26th. KeyCorp boosted their price objective on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday. Royal Bank of Canada raised their target price on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Wells Fargo & Company lifted their target price on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Monday, January 22nd. One investment analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $186.33.

Hedge Funds Weigh In On T-Mobile US

Hedge funds and other institutional investors have recently modified their holdings of the stock. OLD National Bancorp IN increased its stake in T-Mobile US by 1.9% during the 4th quarter. OLD National Bancorp IN now owns 3,356 shares of the Wireless communications provider’s stock valued at $538,000 after purchasing an additional 62 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of T-Mobile US by 3.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,748 shares of the Wireless communications provider’s stock valued at $280,000 after acquiring an additional 66 shares during the last quarter. Transatlantique Private Wealth LLC boosted its holdings in shares of T-Mobile US by 0.4% in the 3rd quarter. Transatlantique Private Wealth LLC now owns 16,400 shares of the Wireless communications provider’s stock valued at $2,296,000 after acquiring an additional 68 shares during the last quarter. Hohimer Wealth Management LLC grew its position in T-Mobile US by 0.9% during the 3rd quarter. Hohimer Wealth Management LLC now owns 7,526 shares of the Wireless communications provider’s stock worth $1,054,000 after purchasing an additional 68 shares during the period. Finally, Tranquility Partners LLC grew its holdings in T-Mobile US by 1.9% during the fourth quarter. Tranquility Partners LLC now owns 3,826 shares of the Wireless communications provider’s stock worth $613,000 after acquiring an additional 71 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

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.