T-Mobile US, Inc. (NASDAQ:TMUS) CFO Sells $4,671,000.00 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) CFO Peter Osvaldik sold 20,000 shares of the firm’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $233.55, for a total value of $4,671,000.00. Following the transaction, the chief financial officer now owns 61,307 shares of the company’s stock, valued at $14,318,249.85. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

T-Mobile US Stock Up 0.2 %

TMUS stock opened at $223.16 on Friday. T-Mobile US, Inc. has a twelve month low of $141.29 and a twelve month high of $234.56. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 1.22. The stock has a market cap of $261.51 billion, a P/E ratio of 30.36, a PEG ratio of 1.15 and a beta of 0.51. The business’s 50-day moving average price is $208.40 and its 200-day moving average price is $187.02.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The firm had revenue of $20.16 billion for the quarter, compared to analysts’ expectations of $20.01 billion. During the same period in the previous year, the firm earned $1.82 EPS. The business’s quarterly revenue was up 4.7% on a year-over-year basis. On average, equities research analysts forecast that T-Mobile US, Inc. will post 9.22 EPS for the current year.

T-Mobile US Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.58%. The ex-dividend date is Wednesday, November 27th. This is an increase from T-Mobile US’s previous quarterly dividend of $0.65. T-Mobile US’s dividend payout ratio (DPR) is 47.89%.

Institutional Trading of T-Mobile US

Several institutional investors and hedge funds have recently added to or reduced their stakes in TMUS. WASHINGTON TRUST Co raised its stake in T-Mobile US by 143.1% during the 2nd quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 83 shares during the period. DT Investment Partners LLC raised its stake in T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 47 shares during the period. Summit Securities Group LLC bought a new stake in T-Mobile US during the 2nd quarter valued at approximately $27,000. Y.D. More Investments Ltd bought a new stake in T-Mobile US during the 2nd quarter valued at approximately $27,000. Finally, Westside Investment Management Inc. raised its stake in T-Mobile US by 75.8% during the 1st quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 75 shares during the period. Institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on TMUS shares. Royal Bank of Canada increased their price objective on T-Mobile US from $232.00 to $255.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. The Goldman Sachs Group increased their price objective on T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Raymond James cut T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. Sanford C. Bernstein raised T-Mobile US to a “strong-buy” rating in a research report on Wednesday, July 31st. Finally, Morgan Stanley increased their price objective on T-Mobile US from $209.00 to $239.00 and gave the company an “overweight” rating in a research report on Tuesday. Three analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $241.83.

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.