T-Mobile US Target of Unusually High Options Trading (NASDAQ:TMUS)

T-Mobile US, Inc. (NASDAQ:TMUSGet Free Report) was the recipient of some unusual options trading on Wednesday. Stock investors purchased 20,542 put options on the stock. This represents an increase of approximately 38% compared to the typical daily volume of 14,837 put options.

Insider Activity at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 194,910 shares of the business’s stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $164.22, for a total value of $32,008,120.20. Following the transaction, the director now owns 684,463,460 shares in the company, valued at approximately $112,402,589,401.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $163.22, for a total value of $489,660.00. Following the sale, the insider now owns 125,687 shares of the company’s stock, valued at approximately $20,514,632.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $164.22, for a total value of $32,008,120.20. Following the completion of the sale, the director now directly owns 684,463,460 shares in the company, valued at approximately $112,402,589,401.20. The disclosure for this sale can be found here. Insiders have sold 6,859,867 shares of company stock worth $1,120,821,115 in the last quarter. Company insiders own 0.67% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Great Lakes Advisors LLC acquired a new stake in shares of T-Mobile US during the 3rd quarter worth $1,260,000. Kingsview Wealth Management LLC increased its holdings in shares of T-Mobile US by 7.9% during the 3rd quarter. Kingsview Wealth Management LLC now owns 3,692 shares of the Wireless communications provider’s stock worth $517,000 after buying an additional 271 shares during the last quarter. Oppenheimer Asset Management Inc. increased its holdings in shares of T-Mobile US by 48.5% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 16,345 shares of the Wireless communications provider’s stock worth $2,289,000 after buying an additional 5,341 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC acquired a new stake in shares of T-Mobile US during the 3rd quarter worth $4,954,000. Finally, Dorsey & Whitney Trust CO LLC increased its holdings in shares of T-Mobile US by 106.4% during the 3rd quarter. Dorsey & Whitney Trust CO LLC now owns 5,472 shares of the Wireless communications provider’s stock worth $766,000 after buying an additional 2,821 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Trading Up 1.3 %

Shares of TMUS opened at $180.27 on Thursday. The stock has a fifty day moving average of $164.41 and a two-hundred day moving average of $161.51. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. The company has a market capitalization of $211.25 billion, a PE ratio of 24.53, a price-to-earnings-growth ratio of 0.67 and a beta of 0.50. T-Mobile US has a fifty-two week low of $126.05 and a fifty-two week high of $181.17.

T-Mobile US (NASDAQ:TMUSGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.17. The company had revenue of $19.59 billion during the quarter, compared to the consensus estimate of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. T-Mobile US’s revenue was down .2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.58 EPS. As a group, analysts forecast that T-Mobile US will post 9.02 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be issued a $0.65 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 annualized dividend and a yield of 1.44%. T-Mobile US’s dividend payout ratio (DPR) is presently 35.37%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on TMUS. Tigress Financial lifted their price objective on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, February 8th. StockNews.com lowered T-Mobile US from a “buy” rating to a “hold” rating in a research note on Tuesday. Oppenheimer reissued an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a research note on Wednesday, April 3rd. Benchmark reissued a “buy” rating and set a $200.00 price target on shares of T-Mobile US in a research note on Wednesday, May 29th. Finally, Citigroup boosted 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. One equities research 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’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $187.86.

Get Our Latest Stock Report on T-Mobile US

About T-Mobile US

(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.

Further Reading

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