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

Posted by Matthew Steigler on Mar 28th, 2024

T-Mobile US, Inc. (NASDAQ:TMUS – Get Free Report) Director Telekom Ag Deutsche sold 186,704 shares of the business’s stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $160.53, for a total transaction of $29,971,593.12. Following the completion of the sale, the director now directly owns 682,564,486 shares in the company, valued at approximately $109,572,076,937.58. The transaction 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 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 Wednesday, March 20th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $160.96, for a total transaction 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 transaction of $30,548,250.20.
On Friday, March 15th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $162.16, for a total transaction of $30,756,887.20.
On Wednesday, March 13th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was 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 transaction of $32,058,796.80.
On Friday, March 8th, Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock. The stock was sold at an average price of $164.22, for a total transaction of $32,008,120.20.
On Wednesday, March 6th, Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock. The stock was sold at an average price of $167.53, for a total transaction of $32,653,272.30.
On Monday, March 4th, Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock. The stock was sold at an average price of $163.23, for a total transaction of $31,815,159.30.
On Friday, March 1st, Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock. The stock was sold at an average price of $163.17, for a total transaction of $31,803,464.70.

T-Mobile US Trading Up 0.6 %

Shares of TMUS opened at $162.01 on Thursday. The stock has a market capitalization of $192.28 billion, a P/E ratio of 23.38, a PEG ratio of 0.65 and a beta of 0.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18. The firm has a fifty day simple moving average of $162.73 and a two-hundred day simple moving average of $153.69. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $168.64.

T-Mobile US (NASDAQ:TMUS – Get Free Report) last issued its quarterly earnings data on Thursday, January 25th. The Wireless communications provider reported $1.67 EPS for the quarter, missing the consensus estimate of $1.90 by ($0.23). The company had revenue of $20.48 billion during the quarter, compared to the consensus estimate of $19.67 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.18 earnings per share. On average, research analysts anticipate that T-Mobile US, Inc. will post 9.02 EPS for the current year.

T-Mobile US Dividend Announcement

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. OLD National Bancorp IN increased its stake in shares of T-Mobile US by 1.9% in the 4th quarter. OLD National Bancorp IN now owns 3,356 shares of the Wireless communications provider’s stock worth $538,000 after acquiring an additional 62 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in T-Mobile US by 3.9% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,748 shares of the Wireless communications provider’s stock valued at $280,000 after purchasing an additional 66 shares during the last quarter. Transatlantique Private Wealth LLC grew its position in T-Mobile US by 0.4% during the 3rd quarter. Transatlantique Private Wealth LLC now owns 16,400 shares of the Wireless communications provider’s stock valued at $2,296,000 after purchasing an additional 68 shares during the last quarter. Hohimer Wealth Management LLC grew its position in T-Mobile US by 0.9% during the 3rd quarter. Hohimer Wealth Management LLC now owns 7,526 shares of the Wireless communications provider’s stock valued at $1,054,000 after purchasing an additional 68 shares during the last quarter. Finally, Tranquility Partners LLC grew its position in T-Mobile US by 1.9% during the 4th quarter. Tranquility Partners LLC now owns 3,826 shares of the Wireless communications provider’s stock valued at $613,000 after purchasing an additional 71 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TMUS has been the subject of a number of research reports. Tigress Financial boosted their price target 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. Oppenheimer reissued an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a research note on Tuesday, December 19th. Wells Fargo & Company boosted their price target on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, January 22nd. Citigroup upped their price objective on shares of T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a research note on Monday. Finally, Morgan Stanley upped their price objective on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. One analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, T-Mobile US presently has an average rating of “Buy” and an average target price of $185.93.

View Our Latest Stock Report on T-Mobile US

About T-Mobile US

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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.