Telekom Ag Deutsche Sells 186,704 Shares of T-Mobile US, Inc. (NASDAQ:TMUS) Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 186,704 shares of the company’s stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $160.53, for a total value of $29,971,593.12. Following the completion of the sale, the director now owns 682,564,486 shares of the company’s stock, valued at $109,572,076,937.58. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Wednesday, March 27th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was 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 shares were sold at an average price of $160.98, for a total transaction of $30,533,076.60.
• On Wednesday, March 20th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $160.96, for a total value of $30,529,283.20.
• On Monday, March 18th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $161.06, for a total value of $30,548,250.20.
• On Friday, March 15th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $162.16, for a total value of $30,756,887.20.
• On Wednesday, March 13th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $163.81, for a total transaction of $31,069,842.70.
• On Monday, March 11th, Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock. The stock was sold at an average price of $164.48, for a total value of $32,058,796.80.
• On Friday, March 8th, Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock. The shares were sold at an average price of $164.22, for a total value of $32,008,120.20.
• On Wednesday, March 6th, Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock. The shares were sold at an average price of $167.53, for a total value of $32,653,272.30.
• On Monday, March 4th, Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock. The shares were sold at an average price of $163.23, for a total transaction of $31,815,159.30.

T-Mobile US Stock Up 0.7 %

Shares of NASDAQ:TMUS opened at $163.22 on Friday. T-Mobile US, Inc. has a 1 year low of $124.92 and a 1 year high of $168.64. The stock has a 50-day simple moving average of $162.68 and a 200-day simple moving average of $153.75. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. The stock has a market capitalization of $193.72 billion, a P/E ratio of 23.55, a PEG ratio of 0.65 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.90 by ($0.23). The business had revenue of $20.48 billion for the quarter, compared to analysts’ expectations of $19.67 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. T-Mobile US’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.18 earnings per share. Equities analysts forecast that T-Mobile US, Inc. will post 9.02 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be paid a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a yield of 1.59%. T-Mobile US’s payout ratio is currently 37.52%.

Institutional Trading of T-Mobile US

Several hedge funds have recently added to or reduced their stakes in the business. Softbank Group CORP. boosted its stake in T-Mobile US by 9.0% during the 2nd quarter. Softbank Group CORP. now owns 43,338,209 shares of the Wireless communications provider’s stock valued at $6,019,677,000 after purchasing an additional 3,566,400 shares in the last quarter. State Street Corp lifted its stake in T-Mobile US by 3.7% in the second quarter. State Street Corp now owns 24,733,273 shares of the Wireless communications provider’s stock valued at $3,435,452,000 after acquiring an additional 874,192 shares during the last quarter. Norges Bank acquired a new position in T-Mobile US during the fourth quarter valued at approximately $3,338,708,000. Morgan Stanley boosted its holdings in T-Mobile US by 0.9% during the third quarter. Morgan Stanley now owns 11,255,490 shares of the Wireless communications provider’s stock valued at $1,576,332,000 after acquiring an additional 104,490 shares during the period. Finally, Royal Bank of Canada raised its stake in T-Mobile US by 7.1% during 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 purchasing an additional 693,443 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on TMUS. Benchmark reaffirmed a “buy” rating and issued a $200.00 target price on shares of T-Mobile US in a report on Friday, January 26th. Wells Fargo & Company lifted their price objective on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Monday, January 22nd. Raymond James upped their target price on T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. Tigress Financial raised their price objective on shares of T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. Finally, UBS Group upped their price objective on T-Mobile US from $180.00 to $186.00 and gave the company a “buy” rating in a research report on Wednesday, December 13th. One investment 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. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus 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.