T-Mobile US, Inc. (NASDAQ:TMUS – Get Free Report) Director Telekom Ag Deutsche sold 64,426 shares of the company’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $239.54, for a total value of $15,432,604.04. Following the sale, the director owned 634,112,640 shares in the company, valued at approximately $151,895,341,785.60. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Telekom Ag Deutsche also recently made the following trade(s):
- On Monday, September 29th, Telekom Ag Deutsche sold 64,415 shares of T-Mobile US stock. The shares were sold at an average price of $238.11, for a total value of $15,337,855.65.
- On Thursday, September 25th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $238.98, for a total value of $15,396,525.48.
- On Tuesday, September 23rd, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $238.41, for a total value of $15,359,802.66.
- On Thursday, September 18th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $239.18, for a total value of $15,409,410.68.
- On Tuesday, September 16th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $237.65, for a total value of $15,310,838.90.
- On Monday, September 15th, Telekom Ag Deutsche sold 64,452 shares of T-Mobile US stock. The shares were sold at an average price of $240.65, for a total value of $15,510,373.80.
- On Friday, September 12th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $241.65, for a total value of $15,568,542.90.
- On Wednesday, September 10th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $240.08, for a total value of $16,767,187.20.
- On Monday, September 8th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $243.47, for a total value of $17,003,944.80.
- On Thursday, September 4th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $252.94, for a total value of $17,665,329.60.
T-Mobile US Stock Up 0.1%
Shares of NASDAQ TMUS opened at $230.27 on Friday. T-Mobile US, Inc. has a 12 month low of $206.18 and a 12 month high of $276.49. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $259.15 billion, a price-to-earnings ratio of 21.72, a PEG ratio of 1.27 and a beta of 0.59. The business has a 50-day moving average of $244.56 and a 200-day moving average of $244.10.
T-Mobile US Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Wednesday, November 26th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a dividend yield of 1.8%. T-Mobile US’s payout ratio is presently 38.49%.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price objective on T-Mobile US from $280.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday. Morgan Stanley upped their target price on T-Mobile US from $265.00 to $285.00 and gave the stock an “overweight” rating in a research note on Thursday, July 24th. Bank of America initiated coverage on T-Mobile US in a research note on Monday, July 7th. They issued a “neutral” rating and a $255.00 target price for the company. Raymond James Financial raised T-Mobile US to a “hold” rating in a research note on Wednesday. Finally, The Goldman Sachs Group initiated coverage on T-Mobile US in a research note on Tuesday, September 2nd. They issued a “buy” rating and a $286.00 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $262.50.
Check Out Our Latest Research Report on TMUS
Hedge Funds Weigh In On T-Mobile US
A number of hedge funds and other institutional investors have recently made changes to their positions in TMUS. Activest Wealth Management raised its holdings 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 valued at $25,000 after acquiring an additional 94 shares in the last quarter. Howard Hughes Medical Institute bought a new position in shares of T-Mobile US during the second quarter valued at approximately $25,000. Godsey & Gibb Inc. raised its holdings 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 valued at $27,000 after acquiring an additional 60 shares in the last quarter. Missouri Trust & Investment Co raised its holdings in shares of T-Mobile US by 807.7% during the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 105 shares in the last quarter. Finally, Stone House Investment Management LLC bought a new position in shares of T-Mobile US during the first quarter valued at approximately $29,000. Institutional investors own 42.49% of the company’s stock.
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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