Stock Traders Buy High Volume of T-Mobile US Call Options (NASDAQ:TMUS)

T-Mobile US, Inc. (NASDAQ:TMUS) was the target of unusually large options trading activity on Friday. Traders purchased 15,533 call options on the company. This is an increase of 45% compared to the average daily volume of 10,734 call options.

Insider Transactions at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $230.16, for a total value of $16,074,374.40. Following the transaction, the director now owns 588,274,099 shares of the company’s stock, valued at $135,397,166,625.84. This trade represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold 419,040 shares of company stock valued at $94,880,434 over the last three months. 0.37% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On T-Mobile US

Institutional investors have recently modified their holdings of the business. Avantax Advisory Services Inc. lifted its position in T-Mobile US by 5.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 37,478 shares of the Wireless communications provider’s stock worth $8,272,000 after purchasing an additional 1,859 shares during the period. Burling Wealth Partners LLC acquired a new stake in T-Mobile US during the 4th quarter valued at approximately $2,539,000. Mizuho Securities USA LLC increased its position in T-Mobile US by 45.4% during the 4th quarter. Mizuho Securities USA LLC now owns 46,195 shares of the Wireless communications provider’s stock valued at $10,197,000 after purchasing an additional 14,418 shares during the period. Raymond James Financial Inc. acquired a new stake in T-Mobile US during the 4th quarter valued at approximately $452,721,000. Finally, GC Wealth Management RIA LLC increased its position in T-Mobile US by 14.3% during the 4th quarter. GC Wealth Management RIA LLC now owns 12,703 shares of the Wireless communications provider’s stock valued at $2,804,000 after purchasing an additional 1,592 shares during the period. Institutional investors own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

TMUS has been the subject of a number of recent research reports. Benchmark restated a “buy” rating and issued a $275.00 price objective on shares of T-Mobile US in a research note on Thursday, March 27th. Citigroup lowered shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price objective on the stock. in a report on Friday, March 14th. Tigress Financial increased their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a “buy” rating in a report on Tuesday, April 29th. UBS Group downgraded shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 21st. Finally, Hsbc Global Res downgraded shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Eleven investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $257.68.

T-Mobile US Price Performance

NASDAQ TMUS opened at $235.25 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.16 and a debt-to-equity ratio of 1.35. T-Mobile US has a 12-month low of $173.74 and a 12-month high of $276.49. The company has a market capitalization of $267.11 billion, a PE ratio of 22.95, a price-to-earnings-growth ratio of 1.27 and a beta of 0.64. The firm’s 50 day moving average is $240.00 and its 200-day moving average is $242.80.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.48 by $0.10. The company had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The firm’s revenue was up 6.6% compared to the same quarter last year. During the same period last year, the company earned $2.00 earnings per share. Equities research analysts anticipate that T-Mobile US will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a yield of 1.50%. T-Mobile US’s dividend payout ratio (DPR) is 34.34%.

T-Mobile US Company Profile

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.