Insider Selling: T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $31,037,598.80 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 189,670 shares of the stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $163.64, for a total transaction of $31,037,598.80. Following the transaction, the director now owns 675,261,991 shares in the company, valued at approximately $110,499,872,207.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Telekom Ag Deutsche also recently made the following trade(s):

• On Wednesday, May 22nd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $165.06, for a total transaction of $31,306,930.20.
• On Monday, May 20th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $163.98, for a total transaction of $31,102,086.60.
• On Wednesday, May 15th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $162.93, for a total transaction of $30,902,933.10.
• On Monday, May 13th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $163.19, for a total transaction of $30,952,247.30.
• On Friday, May 10th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $164.23, for a total transaction of $31,149,504.10.
• On Wednesday, May 8th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $163.21, for a total transaction of $30,956,040.70.
• On Monday, May 6th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $162.43, for a total transaction of $30,808,098.10.
• On Friday, May 3rd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $164.63, for a total transaction of $31,225,372.10.
• On Wednesday, May 1st, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $165.67, for a total transaction of $31,422,628.90.
• On Monday, April 29th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $164.15, for a total transaction of $31,134,330.50.

T-Mobile US Stock Performance

TMUS opened at $164.97 on Friday. T-Mobile US, Inc. has a fifty-two week low of $124.92 and a fifty-two week high of $168.64. The stock has a market capitalization of $193.32 billion, a price-to-earnings ratio of 22.44, a PEG ratio of 0.64 and a beta of 0.48. The company has a fifty day moving average of $162.52 and a 200 day moving average of $159.89. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94.

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

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.58%. T-Mobile US’s payout ratio is currently 35.37%.

Hedge Funds Weigh In On T-Mobile US

A number of institutional investors and hedge funds have recently made changes to their positions in TMUS. Norges Bank purchased a new position in shares of T-Mobile US in the 4th quarter worth $3,338,708,000. Wellington Management Group LLP boosted its stake in shares of T-Mobile US by 200.0% during the 4th quarter. Wellington Management Group LLP now owns 6,362,601 shares of the Wireless communications provider’s stock worth $1,020,116,000 after purchasing an additional 4,241,877 shares during the period. Clearbridge Investments LLC boosted its stake in shares of T-Mobile US by 243.9% during the 3rd quarter. Clearbridge Investments LLC now owns 2,920,668 shares of the Wireless communications provider’s stock worth $409,040,000 after purchasing an additional 2,071,489 shares during the period. Putnam Investments LLC boosted its stake in shares of T-Mobile US by 74.6% during the 4th quarter. Putnam Investments LLC now owns 3,939,221 shares of the Wireless communications provider’s stock worth $631,575,000 after purchasing an additional 1,682,743 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of T-Mobile US by 3.8% during the 1st quarter. Vanguard Group Inc. now owns 45,042,339 shares of the Wireless communications provider’s stock worth $7,351,811,000 after purchasing an additional 1,667,778 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on TMUS shares. Morgan Stanley raised their price objective on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research report on Monday, January 29th. StockNews.com upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a research report on Thursday, May 16th. Raymond James raised their price objective on shares of T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a research report on Friday, January 26th. KeyCorp raised their price objective on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. Finally, Benchmark restated a “buy” rating and set a $200.00 price objective on shares of T-Mobile US in a research report on Friday, January 26th. Fourteen equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $186.33.

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.