Insider Selling: T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $27,353,448.72 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 170,703 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $160.24, for a total value of $27,353,448.72. Following the completion of the sale, the director now directly owns 679,776,137 shares in the company, valued at approximately $108,927,328,192.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• 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 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 value of $27,326,136.24.
• On Wednesday, April 10th, Telekom Ag Deutsche sold 170,903 shares of T-Mobile US stock. The stock was 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 shares were 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 stock was sold at an average price of $161.41, for a total transaction of $30,614,634.70.
• On Wednesday, April 3rd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $162.49, for a total transaction of $30,819,478.30.
• On Monday, April 1st, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $162.39, for a total value of $30,800,511.30.
• On Wednesday, March 27th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $161.87, for a total value of $30,701,882.90.
• On Monday, March 25th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $160.98, for a total transaction of $30,533,076.60.
• On Friday, March 22nd, Telekom Ag Deutsche sold 186,704 shares of T-Mobile US stock. The stock was sold at an average price of $160.53, for a total transaction of $29,971,593.12.

T-Mobile US Stock Performance

Shares of TMUS opened at $162.33 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18. T-Mobile US, Inc. has a 52-week low of $124.92 and a 52-week high of $168.64. The company has a 50-day simple moving average of $162.28 and a 200-day simple moving average of $156.10. The company has a market capitalization of $192.66 billion, a PE ratio of 23.42, a P/E/G ratio of 0.65 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The company had revenue of $20.48 billion during the quarter, compared to analysts’ expectations of $19.67 billion. During the same period last year, the business posted $1.18 earnings per share. The company’s quarterly revenue was up 1.0% on a year-over-year basis. Equities research analysts predict that T-Mobile US, Inc. will post 8.95 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s dividend payout ratio is currently 37.52%.

Institutional Investors Weigh In On T-Mobile US

Institutional investors and hedge funds have recently made changes to their positions in the business. Norges Bank acquired a new position in T-Mobile US during the fourth quarter worth about $3,338,708,000. Morgan Stanley lifted its stake in T-Mobile US by 0.9% in the 3rd quarter. Morgan Stanley now owns 11,255,490 shares of the Wireless communications provider’s stock valued at $1,576,332,000 after buying an additional 104,490 shares in the last quarter. Royal Bank of Canada lifted its stake in T-Mobile US by 7.1% in the 3rd quarter. Royal Bank of Canada now owns 10,505,308 shares of the Wireless communications provider’s stock valued at $1,471,269,000 after buying an additional 693,443 shares in the last quarter. Invesco Ltd. grew its holdings in T-Mobile US by 0.6% during the 3rd quarter. Invesco Ltd. now owns 7,675,261 shares of the Wireless communications provider’s stock valued at $1,074,920,000 after buying an additional 45,196 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in T-Mobile US by 0.7% during the third quarter. Bank of New York Mellon Corp now owns 6,725,113 shares of the Wireless communications provider’s stock worth $902,309,000 after buying an additional 47,956 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TMUS. Raymond James boosted their target price on 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. Wells Fargo & Company upped their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Monday, January 22nd. Citigroup lifted their price target on shares of T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research note on Monday, March 25th. Tigress Financial upped their price objective on shares of T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $184.00 target price on shares of T-Mobile US in a research report on Wednesday, March 20th. One analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $185.93.

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.