T-Mobile US (NASDAQ:TMUS) Director Raul Marcelo Claure Sells 550,000 Shares

T-Mobile US, Inc. (NASDAQ:TMUS) Director Raul Marcelo Claure sold 550,000 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $217.57, for a total transaction of $119,663,500.00. Following the completion of the transaction, the director owned 891,204 shares in the company, valued at approximately $193,899,254.28. The trade was a 38.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

T-Mobile US Trading Up 0.1%

Shares of TMUS opened at $219.61 on Wednesday. The firm has a market capitalization of $241.98 billion, a price-to-earnings ratio of 22.62, a PEG ratio of 1.29 and a beta of 0.44. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.00 and a quick ratio of 0.90. T-Mobile US, Inc. has a 1-year low of $181.36 and a 1-year high of $276.49. The company has a 50-day moving average of $197.52 and a 200 day moving average of $218.39.

T-Mobile US Announces Dividend

The company also recently declared 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 is Friday, February 27th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.9%. T-Mobile US’s payout ratio is presently 42.02%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Allworth Financial LP lifted its position in shares of T-Mobile US by 14.2% during the 2nd quarter. Allworth Financial LP now owns 6,530 shares of the Wireless communications provider’s stock worth $1,556,000 after purchasing an additional 810 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in T-Mobile US by 4.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 450,679 shares of the Wireless communications provider’s stock valued at $107,884,000 after buying an additional 19,486 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in T-Mobile US by 7.8% during the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 204,754 shares of the Wireless communications provider’s stock worth $49,014,000 after buying an additional 14,800 shares during the last quarter. Varma Mutual Pension Insurance Co boosted its position in shares of T-Mobile US by 8.8% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 82,917 shares of the Wireless communications provider’s stock worth $19,849,000 after acquiring an additional 6,700 shares in the last quarter. Finally, Longbow Finance SA increased its holdings in shares of T-Mobile US by 22.2% in the 3rd quarter. Longbow Finance SA now owns 31,948 shares of the Wireless communications provider’s stock valued at $7,648,000 after acquiring an additional 5,805 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on TMUS shares. Daiwa Securities Group lowered their target price on T-Mobile US from $240.00 to $230.00 and set a “neutral” rating for the company in a report on Tuesday, October 28th. The Goldman Sachs Group lifted their price objective on T-Mobile US from $233.00 to $254.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Citigroup dropped their target price on shares of T-Mobile US from $268.00 to $220.00 and set a “neutral” rating on the stock in a report on Friday, December 19th. Oppenheimer lowered shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, November 21st. Finally, Royal Bank Of Canada dropped their price objective on shares of T-Mobile US from $270.00 to $255.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $256.65.

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.