T-Mobile US (NASDAQ:TMUS) Director Sells $18,149,320.80 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 69,840 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $259.87, for a total value of $18,149,320.80. Following the completion of the sale, the director owned 635,992,364 shares of the company’s stock, valued at $165,275,335,632.68. 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 is accessible through this link.

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

• 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 value 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 stock was sold at an average price of $247.58, for a total transaction 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 transaction of $17,124,069.60.
• On Wednesday, August 6th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $239.71, for a total transaction 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 transaction of $16,708,521.60.
• On Friday, August 1st, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $237.29, for a total transaction 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 value of $16,837,027.20.
• On Monday, July 28th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $238.61, for a total value of $16,664,522.40.
• On Friday, July 25th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $244.98, for a total value of $17,109,403.20.

T-Mobile US Trading Up 0.3%

NASDAQ:TMUS opened at $259.01 on Thursday. The firm has a market capitalization of $291.50 billion, a P/E ratio of 24.43, a P/E/G ratio of 1.41 and a beta of 0.62. The business has a 50 day simple moving average of $236.91 and a 200 day simple moving average of $247.73. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. T-Mobile US, Inc. has a 12-month low of $192.61 and a 12-month high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The company had revenue of $21.13 billion for the quarter, compared to analysts’ expectations of $20.99 billion. During the same period last year, the business posted $2.49 earnings per share. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. Equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

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 dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US’s payout ratio is presently 33.21%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on TMUS shares. Morgan Stanley raised their price target on shares of T-Mobile US from $265.00 to $285.00 and gave the company an “overweight” rating in a research note on Thursday, July 24th. Bank of America began coverage on T-Mobile US in a research note on Monday, July 7th. They set a “neutral” rating and a $255.00 target price on the stock. KeyCorp reiterated an “underweight” rating and set a $200.00 price target on shares of T-Mobile US in a research report on Wednesday, July 9th. Wall Street Zen lowered T-Mobile US from a “buy” rating to a “hold” rating in a report on Saturday, May 24th. Finally, Scotiabank upgraded shares of T-Mobile US from a “sector perform” rating to a “sector outperform” rating and lifted their price objective for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. Three equities research 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 company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $256.31.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Norges Bank acquired a new stake in T-Mobile US in the 2nd quarter valued at about $1,477,780,000. GAMMA Investing LLC grew its stake in shares of T-Mobile US by 29,289.4% in the 1st quarter. GAMMA Investing LLC now owns 3,053,563 shares of the Wireless communications provider’s stock worth $814,416,000 after purchasing an additional 3,043,173 shares during the last quarter. Nuveen LLC bought a new stake in shares of T-Mobile US in the 1st quarter worth approximately $618,248,000. Marshall Wace LLP lifted its stake in T-Mobile US by 2,303.2% during the second quarter. Marshall Wace LLP now owns 1,797,086 shares of the Wireless communications provider’s stock valued at $428,174,000 after purchasing an additional 1,878,654 shares during the last quarter. Finally, Viking Global Investors LP lifted its stake in T-Mobile US by 81.7% during the second quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock valued at $677,925,000 after purchasing an additional 1,279,422 shares during the last quarter. Institutional investors 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.