Telekom Ag Deutsche Sells 64,426 Shares of T-Mobile US (NASDAQ:TMUS) Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 64,426 shares of the company’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $228.85, for a total value of $14,743,890.10. Following the completion of the transaction, the director owned 627,524,343 shares of the company’s stock, valued at $143,608,945,895.55. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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, October 17th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $228.57, for a total value of $14,725,850.82.
• On Wednesday, October 15th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $227.75, for a total value of $14,673,021.50.
• On Monday, October 13th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $226.15, for a total transaction of $14,569,939.90.
• On Friday, October 10th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $228.42, for a total transaction of $14,716,186.92.
• On Wednesday, October 8th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $226.17, for a total transaction of $14,571,228.42.
• On Monday, October 6th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $224.60, for a total transaction of $14,470,079.60.
• On Thursday, October 2nd, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $230.41, for a total transaction of $14,844,394.66.
• On Tuesday, September 30th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $239.54, for a total value of $15,432,604.04.
• On Monday, September 29th, Telekom Ag Deutsche sold 64,415 shares of T-Mobile US stock. The shares were sold at an average price of $238.11, for a total value of $15,337,855.65.
• On Thursday, September 25th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $238.98, for a total value of $15,396,525.48.

T-Mobile US Stock Performance

Shares of T-Mobile US stock opened at $227.40 on Thursday. The firm has a market cap of $255.92 billion, a P/E ratio of 21.45, a P/E/G ratio of 1.57 and a beta of 0.59. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. T-Mobile US, Inc. has a 12 month low of $208.39 and a 12 month high of $276.49. The stock’s fifty day moving average price is $240.64 and its 200-day moving average price is $241.04.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, beating the consensus estimate of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The firm had revenue of $21.13 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same quarter last year, the firm posted $2.49 earnings per share. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, equities research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 1.8%. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date is Wednesday, November 26th. T-Mobile US’s payout ratio is presently 33.21%.

Institutional Investors Weigh In On T-Mobile US

Institutional investors and hedge funds have recently modified their holdings of the company. Activest Wealth Management lifted its holdings in shares of T-Mobile US by 9,400.0% during the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 94 shares during the period. Howard Hughes Medical Institute acquired a new stake in shares of T-Mobile US during the second quarter worth about $25,000. Stone House Investment Management LLC acquired a new stake in shares of T-Mobile US during the first quarter worth about $29,000. TCTC Holdings LLC lifted its holdings in T-Mobile US by 208.1% in the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock valued at $30,000 after acquiring an additional 77 shares during the period. Finally, Elevation Wealth Partners LLC lifted its holdings in T-Mobile US by 190.0% in the third quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 76 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on TMUS shares. BNP Paribas Exane lifted their target price on T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. JPMorgan Chase & Co. lifted their target price on T-Mobile US from $280.00 to $300.00 and gave the company an “overweight” rating in a research note on Tuesday, September 30th. Morgan Stanley lifted their target price on T-Mobile US from $265.00 to $285.00 and gave the company an “overweight” rating in a research note on Thursday, July 24th. Wells Fargo & Company upgraded T-Mobile US from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $250.00 to $260.00 in a research note on Thursday, October 16th. Finally, Arete Research upgraded T-Mobile US to a “strong-buy” rating in a research note on Tuesday, July 8th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus price target of $266.17.

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.