Investors Buy Large Volume of T-Mobile US Call Options (NASDAQ:TMUS)

T-Mobile US, Inc. (NASDAQ:TMUSGet Free Report) saw some unusual options trading activity on Friday. Traders acquired 26,273 call options on the stock. This represents an increase of approximately 236% compared to the typical volume of 7,828 call options.

Key T-Mobile US News

Here are the key news stories impacting T-Mobile US this week:

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS traded up $0.30 during trading on Friday, hitting $181.87. 1,393,624 shares of the company were exchanged, compared to its average volume of 5,935,798. T-Mobile US has a 52-week low of $174.02 and a 52-week high of $261.56. The stock has a 50 day moving average of $188.39 and a 200 day moving average of $198.04. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. The company has a market cap of $196.82 billion, a PE ratio of 19.33, a P/E/G ratio of 1.05 and a beta of 0.31.

T-Mobile US (NASDAQ:TMUSGet Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.01 by $0.26. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The company had revenue of $23.11 billion during the quarter, compared to analysts’ expectations of $22.98 billion. During the same period in the previous year, the business earned $2.58 earnings per share. The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. As a group, equities research analysts predict that T-Mobile US will post 10.65 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 28th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, August 28th. T-Mobile US’s payout ratio is presently 43.40%.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Morgan Stanley initiated coverage on T-Mobile US in a research note on Thursday, April 16th. They issued an “overweight” rating and a $260.00 price objective on the stock. Arete Research raised their target price on T-Mobile US from $295.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Barclays restated a “buy” rating on shares of T-Mobile US in a research note on Friday, April 24th. Freedom Capital raised T-Mobile US from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Finally, TD Cowen increased their price target on T-Mobile US from $252.00 to $261.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $260.27.

View Our Latest Stock Report on TMUS

Insider Activity at T-Mobile US

In related news, COO Jon Freier sold 4,799 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $190.00, for a total transaction of $911,810.00. Following the completion of the sale, the chief operating officer owned 217,168 shares in the company, valued at approximately $41,261,920. This trade represents a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael J. Katz sold 5,000 shares of T-Mobile US stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the completion of the sale, the insider directly owned 181,930 shares in the company, valued at approximately $35,623,713.30. This represents a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.32% of the stock is owned by company insiders.

Institutional Investors Weigh In On T-Mobile US

Hedge funds and other institutional investors have recently modified their holdings of the stock. Main Street Group LTD bought a new position in shares of T-Mobile US in the first quarter valued at approximately $25,000. JDM Financial Group LLC increased its holdings in T-Mobile US by 114.0% during the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 65 shares during the period. Swiss RE Ltd. bought a new stake in T-Mobile US during the 4th quarter worth approximately $29,000. Turning Point Benefit Group Inc. lifted its stake in T-Mobile US by 3,825.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock worth $32,000 after purchasing an additional 153 shares in the last quarter. Finally, Sachetta LLC lifted its stake in T-Mobile US by 52.9% in the 1st quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock worth $33,000 after purchasing an additional 55 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Company Profile

(Get Free Report)

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.

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