Telekom Ag Deutsche Sells 189,670 Shares of T-Mobile US, Inc. (NASDAQ:TMUS) Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 189,670 shares of the firm’s stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of $162.58, for a total value of $30,836,548.60. Following the completion of the sale, the director now directly owns 678,865,721 shares of the company’s stock, valued at approximately $110,369,988,920.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, April 19th, 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 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 Monday, April 15th, Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock. The shares were sold at an average price of $160.24, for a total value of $27,353,448.72.
• 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 shares were sold at an average price of $159.95, for a total value 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 value of $30,574,804.00.
• On Friday, April 5th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $161.41, for a total value of $30,614,634.70.
• On Wednesday, April 3rd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $162.49, for a total value of $30,819,478.30.
• On Monday, April 1st, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was 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 stock was sold at an average price of $161.87, for a total value of $30,701,882.90.

T-Mobile US Stock Performance

NASDAQ:TMUS opened at $164.18 on Thursday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a 52-week low of $124.92 and a 52-week high of $168.64. The firm has a market cap of $194.86 billion, a price-to-earnings ratio of 23.69, a PEG ratio of 0.66 and a beta of 0.49. The business’s fifty day moving average is $162.39 and its 200 day moving average is $156.76.

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 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 for the quarter, compared to the consensus estimate of $19.67 billion. During the same quarter in the previous year, the firm posted $1.18 earnings per share. The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. Research analysts predict that T-Mobile US, Inc. will post 8.95 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders 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 dividend on an annualized basis and a yield of 1.58%. T-Mobile US’s dividend payout ratio is currently 37.52%.

Wall Street Analysts Forecast Growth

TMUS has been the topic of several research analyst reports. Benchmark reissued a “buy” rating and issued a $200.00 price objective on shares of T-Mobile US in a research report on Friday, January 26th. Raymond James boosted their price objective on T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. Morgan Stanley boosted their price objective on T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a research report on Monday, January 29th. Wells Fargo & Company boosted their price objective on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, January 22nd. Finally, Tigress Financial upped their price target on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. One research 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $185.93.

Hedge Funds Weigh In On T-Mobile US

A number of institutional investors have recently added to or reduced their stakes in TMUS. Norges Bank bought a new position in T-Mobile US in the 4th quarter worth about $3,338,708,000. Wellington Management Group LLP increased its stake in T-Mobile US by 200.0% in the 4th quarter. Wellington Management Group LLP now owns 6,362,601 shares of the Wireless communications provider’s stock worth $1,020,116,000 after acquiring an additional 4,241,877 shares during the last quarter. Clearbridge Investments LLC increased its stake in T-Mobile US by 243.9% in the 3rd quarter. Clearbridge Investments LLC now owns 2,920,668 shares of the Wireless communications provider’s stock worth $409,040,000 after acquiring an additional 2,071,489 shares during the last quarter. Putnam Investments LLC increased its stake in T-Mobile US by 74.6% in the 4th quarter. Putnam Investments LLC now owns 3,939,221 shares of the Wireless communications provider’s stock worth $631,575,000 after acquiring an additional 1,682,743 shares during the last quarter. Finally, Canada Pension Plan Investment Board increased its stake in T-Mobile US by 90.5% in the 3rd quarter. Canada Pension Plan Investment Board now owns 2,506,127 shares of the Wireless communications provider’s stock worth $350,983,000 after acquiring an additional 1,190,813 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.

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.