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

T-Mobile US, Inc. (NASDAQ:TMUS) saw some unusual options trading on Friday. Investors bought 49,984 call options on the stock. This is an increase of approximately 220% compared to the typical daily volume of 15,600 call options.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. BNP Paribas Exane decreased their price target on shares of T-Mobile US from $300.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, January 16th. Tigress Financial raised their price objective on shares of T-Mobile US from $305.00 to $310.00 and gave the stock a “buy” rating in a research note on Tuesday, November 11th. DZ Bank restated a “buy” rating on shares of T-Mobile US in a research report on Tuesday, October 28th. Sanford C. Bernstein reduced their price objective on shares of T-Mobile US from $265.00 to $245.00 and set a “market perform” rating for the company in a research report on Thursday, January 15th. Finally, Argus reduced their target price on T-Mobile US from $275.00 to $245.00 and set a “buy” rating for the company in a report on Tuesday, December 9th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $255.58.

Insider Activity at T-Mobile US

In other T-Mobile US news, insider Michael J. Katz sold 2,500 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $215.91, for a total value of $539,775.00. Following the transaction, the insider directly owned 156,203 shares in the company, valued at $33,725,789.73. This represents a 1.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Srini Gopalan purchased 9,800 shares of the company’s stock in a transaction dated Thursday, November 6th. The shares were purchased at an average cost of $201.82 per share, for a total transaction of $1,977,836.00. Following the transaction, the chief executive officer directly owned 90,258 shares in the company, valued at approximately $18,215,869.56. This represents a 12.18% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders have sold 51,457 shares of company stock valued at $11,149,636. Company insiders own 0.37% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Howard Hughes Medical Institute purchased a new position in shares of T-Mobile US in the 2nd quarter valued at approximately $25,000. United Community Bank grew its position in T-Mobile US by 131.1% in the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 59 shares during the last quarter. Elevation Wealth Partners LLC grew its position in T-Mobile US by 190.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 76 shares during the last quarter. Aspect Partners LLC increased its stake in T-Mobile US by 112.1% in the 2nd quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock valued at $29,000 after buying an additional 65 shares during the period. Finally, CoreFirst Bank & Trust purchased a new position in T-Mobile US during the 2nd quarter worth $31,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $197.21 on Friday. T-Mobile US has a 52 week low of $181.36 and a 52 week high of $276.49. The stock has a market capitalization of $220.58 billion, a PE ratio of 18.96, a P/E/G ratio of 1.05 and a beta of 0.45. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37. The firm has a 50 day moving average of $197.76 and a two-hundred day moving average of $221.05.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 27th will be issued a $1.02 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.08 annualized dividend and a yield of 2.1%. T-Mobile US’s dividend payout ratio (DPR) is 39.23%.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.