Telekom Ag Deutsche Sells 133,461 Shares of T-Mobile US, Inc. (NASDAQ:TMUS) Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 133,461 shares of the business’s stock in a transaction dated Monday, June 24th. The shares were sold at an average price of $178.04, for a total value of $23,761,396.44. Following the completion of the sale, the director now owns 670,812,128 shares in the company, valued at $119,431,391,269.12. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Friday, June 21st, Telekom Ag Deutsche sold 133,461 shares of T-Mobile US stock. The shares were sold at an average price of $176.47, for a total transaction of $23,551,862.67.
• On Monday, June 17th, Telekom Ag Deutsche sold 133,461 shares of T-Mobile US stock. The stock was sold at an average price of $177.16, for a total transaction of $23,643,950.76.
• On Friday, June 14th, Telekom Ag Deutsche sold 135,969 shares of T-Mobile US stock. The stock was sold at an average price of $175.59, for a total value of $23,874,796.71.
• On Wednesday, June 12th, Telekom Ag Deutsche sold 133,461 shares of T-Mobile US stock. The shares were sold at an average price of $173.10, for a total value of $23,102,099.10.
• On Monday, June 10th, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The stock was sold at an average price of $180.75, for a total value of $41,139,423.00.
• On Friday, June 7th, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The shares were sold at an average price of $180.00, for a total value of $40,968,720.00.
• On Wednesday, June 5th, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The stock was sold at an average price of $179.96, for a total transaction of $40,959,615.84.
• On Monday, June 3rd, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The shares were sold at an average price of $172.65, for a total transaction of $39,295,830.60.
• On Thursday, May 30th, Telekom Ag Deutsche sold 208,637 shares of T-Mobile US stock. The shares were sold at an average price of $170.24, for a total transaction of $35,518,362.88.
• On Friday, May 24th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $165.66, for a total transaction of $31,420,732.20.

T-Mobile US Trading Down 0.7 %

NASDAQ TMUS opened at $176.31 on Thursday. The firm has a market cap of $206.61 billion, a PE ratio of 23.99, a price-to-earnings-growth ratio of 0.69 and a beta of 0.50. T-Mobile US, Inc. has a 1-year low of $131.47 and a 1-year high of $182.67. The stock has a 50-day moving average of $168.91 and a 200-day moving average of $164.18. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.17. The business had revenue of $19.59 billion for the quarter, compared to analysts’ expectations of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The business’s quarterly revenue was down .2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.58 EPS. As a group, sell-side analysts forecast that T-Mobile US, Inc. will post 9.02 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Friday, August 30th will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a $2.60 annualized dividend and a yield of 1.47%. T-Mobile US’s payout ratio is currently 35.37%.

Institutional Investors Weigh In On T-Mobile US

A number of large investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC increased its position in T-Mobile US by 376.8% during the 3rd quarter. Acadian Asset Management LLC now owns 882 shares of the Wireless communications provider’s stock valued at $122,000 after purchasing an additional 697 shares during the period. Dark Forest Capital Management LP purchased a new position in shares of T-Mobile US during the third quarter valued at about $560,000. LPL Financial LLC raised its stake in T-Mobile US by 16.7% in the third quarter. LPL Financial LLC now owns 162,865 shares of the Wireless communications provider’s stock worth $22,809,000 after buying an additional 23,334 shares in the last quarter. Cary Street Partners Investment Advisory LLC lifted its holdings in T-Mobile US by 44.3% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 329 shares of the Wireless communications provider’s stock worth $46,000 after buying an additional 101 shares during the period. Finally, Parkside Financial Bank & Trust lifted its stake in shares of T-Mobile US by 9.9% in the 3rd quarter. Parkside Financial Bank & Trust now owns 1,151 shares of the Wireless communications provider’s stock valued at $161,000 after purchasing an additional 104 shares during the period. Institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Bank of America boosted their target price on T-Mobile US from $175.00 to $195.00 and gave the stock a “buy” rating in a research report on Monday, June 10th. Royal Bank of Canada upped their price objective 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, April 26th. Benchmark reiterated a “buy” rating and set a $200.00 target price on shares of T-Mobile US in a research report on Wednesday, May 29th. Oppenheimer reissued an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a report on Wednesday, April 3rd. Finally, StockNews.com raised shares of T-Mobile US from a “hold” rating to a “buy” rating in a report on Thursday, June 13th. Fourteen analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $190.36.

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.