Telekom Ag Deutsche Sells 69,390 Shares of T-Mobile US, Inc. (NASDAQ:TMUS) Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 69,390 shares of T-Mobile US stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $228.54, for a total transaction of $15,858,390.60. Following the completion of the transaction, the director owned 647,451,324 shares in the company, valued at approximately $147,968,525,586.96. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• On Wednesday, July 9th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $232.27, for a total transaction of $16,221,736.80.
• On Friday, July 11th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $227.55, for a total transaction of $15,892,092.00.
• On Monday, July 7th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $238.08, for a total transaction of $16,627,507.20.
• On Wednesday, July 2nd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $237.89, for a total transaction of $16,614,237.60.
• On Monday, June 30th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $237.61, for a total transaction of $16,594,682.40.
• On Friday, June 27th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $234.34, for a total transaction of $16,366,305.60.
• On Wednesday, June 25th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $230.56, for a total transaction of $16,102,310.40.
• On Monday, June 23rd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $225.60, for a total transaction of $15,755,904.00.
• 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 transaction of $15,490,512.00.
• On Wednesday, June 18th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $221.67, for a total transaction of $15,481,432.80.

T-Mobile US Trading Down 0.2%

Shares of NASDAQ TMUS opened at $227.76 on Friday. The company’s 50 day simple moving average is $237.45 and its 200 day simple moving average is $243.68. T-Mobile US, Inc. has a fifty-two week low of $173.74 and a fifty-two week high of $276.49. The firm has a market capitalization of $258.61 billion, a P/E ratio of 22.22, a P/E/G ratio of 1.27 and a beta of 0.62. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.16 and a quick ratio of 1.08.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The business had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. During the same period in the prior year, the business posted $2.00 earnings per share. T-Mobile US’s revenue was up 6.6% compared to the same quarter last year. On average, analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The company 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 $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.55%. The ex-dividend date is Friday, August 29th. T-Mobile US’s payout ratio is presently 34.34%.

Institutional Investors Weigh In On T-Mobile US

Several large investors have recently bought and sold shares of TMUS. Activest Wealth Management increased its stake in T-Mobile US by 9,400.0% in the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 94 shares in the last quarter. Godsey & Gibb Inc. increased its stake in T-Mobile US by 139.5% in the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 60 shares in the last quarter. Rakuten Securities Inc. increased its stake in T-Mobile US by 93.9% in the fourth 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 in the last quarter. CoreFirst Bank & Trust bought a new stake in shares of T-Mobile US during the fourth quarter worth $28,000. Finally, Stone House Investment Management LLC bought a new stake in shares of T-Mobile US during the first quarter worth $29,000. Institutional investors own 42.49% of the company’s stock.

Analysts Set New Price Targets

TMUS has been the subject of a number of research reports. UBS Group lowered shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 21st. Arete Research raised shares of T-Mobile US to a “strong-buy” rating in a research note on Tuesday, July 8th. Benchmark reaffirmed a “buy” rating and issued a $275.00 price objective on shares of T-Mobile US in a research note on Thursday, March 27th. Rothschild & Co Redburn raised shares of T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price objective for the company in a research note on Monday, July 7th. Finally, Redburn Atlantic raised shares of T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 price objective for the company in a research note on Monday, July 7th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating, ten have issued a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and an average target price of $252.61.

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.