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

Posted by Samantha Reynolds on May 2nd, 2024

T-Mobile US, Inc. (NASDAQ:TMUS – Get Free Report) Director Telekom Ag Deutsche sold 189,670 shares of the company’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $164.15, for a total value of $31,134,330.50. Following the completion of the sale, the director now directly owns 677,917,371 shares in the company, valued at $111,280,136,449.65. The sale was disclosed in a 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 Friday, April 26th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $163.26, for a total value of $30,965,524.20.
On Wednesday, April 24th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $163.61, for a total value of $31,031,908.70.
On Monday, April 22nd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $162.58, for a total value of $30,836,548.60.
On Friday, April 19th, 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 Wednesday, April 17th, Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $161.41, for a total value of $30,614,634.70.

T-Mobile US Trading Up 0.8 %

Shares of NASDAQ:TMUS opened at $165.47 on Thursday. T-Mobile US, Inc. has a 12-month low of $124.92 and a 12-month high of $168.64. The business’s fifty day simple moving average is $162.65 and its 200-day simple moving average is $157.56. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25. The company has a market capitalization of $193.91 billion, a PE ratio of 22.51, a P/E/G ratio of 0.64 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS – Get Free Report) last announced its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.17. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The firm had revenue of $19.59 billion for the quarter, compared to the consensus estimate of $19.81 billion. During the same period in the previous year, the business earned $1.58 EPS. The firm’s revenue for the quarter was down .2% on a year-over-year basis. As a group, equities research analysts predict that T-Mobile US, Inc. will post 9 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders 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 annualized dividend and a yield of 1.57%. T-Mobile US’s payout ratio is presently 35.37%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on TMUS shares. Oppenheimer reiterated an “outperform” rating and set a $190.00 target price on shares of T-Mobile US in a research report on Wednesday, April 3rd. Royal Bank of Canada raised their price objective on T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Raymond James raised their price target on T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 26th. Citigroup raised their price target on T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research note on Monday, March 25th. Finally, Wells Fargo & Company lifted their target price on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Monday, January 22nd. One research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $186.33.

Get Our Latest Report on TMUS

Institutional Trading of T-Mobile US

Several large investors have recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of T-Mobile US in the 4th quarter valued at about $3,338,708,000. Morgan Stanley grew its position in shares of T-Mobile US by 0.9% in 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 purchasing an additional 104,490 shares in the last quarter. Royal Bank of Canada grew its position in shares of T-Mobile US by 7.1% in the third 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 in the last quarter. Invesco Ltd. grew its position in shares of T-Mobile US by 0.6% in the third quarter. Invesco Ltd. now owns 7,675,261 shares of the Wireless communications provider’s stock valued at $1,074,920,000 after purchasing an additional 45,196 shares in the last quarter. Finally, Wellington Management Group LLP grew its position in shares of T-Mobile US by 200.0% in the fourth quarter. Wellington Management Group LLP now owns 6,362,601 shares of the Wireless communications provider’s stock valued at $1,020,116,000 after purchasing an additional 4,241,877 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Company Profile

(Get Free Report)

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.