Telekom Ag Deutsche Sells 186,704 Shares of T-Mobile US, Inc. (NASDAQ:TMUS) Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 186,704 shares of T-Mobile US stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $160.53, for a total transaction of $29,971,593.12. Following the transaction, the director now directly owns 682,564,486 shares in the company, valued at approximately $109,572,076,937.58. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Monday, March 25th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $160.98, for a total transaction of $30,533,076.60.
• On Wednesday, March 20th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $160.96, for a total transaction of $30,529,283.20.
• On Monday, March 18th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $161.06, for a total transaction of $30,548,250.20.
• On Friday, March 15th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $162.16, for a total transaction of $30,756,887.20.
• On Wednesday, March 13th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $163.81, for a total transaction of $31,069,842.70.
• On Monday, March 11th, Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock. The shares were sold at an average price of $164.48, for a total transaction of $32,058,796.80.
• On Friday, March 8th, Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock. The shares were sold at an average price of $164.22, for a total transaction of $32,008,120.20.
• On Wednesday, March 6th, Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock. The stock was sold at an average price of $167.53, for a total transaction of $32,653,272.30.
• On Monday, March 4th, Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock. The stock was sold at an average price of $163.23, for a total transaction of $31,815,159.30.
• On Friday, March 1st, Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock. The stock was sold at an average price of $163.17, for a total transaction of $31,803,464.70.

T-Mobile US Stock Up 0.6 %

T-Mobile US stock opened at $162.01 on Thursday. The stock has a market cap of $192.28 billion, a P/E ratio of 23.38, a P/E/G ratio of 0.65 and a beta of 0.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $168.64. The company’s 50-day moving average price is $162.73 and its two-hundred day moving average price is $153.69.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.23). The company had revenue of $20.48 billion during the quarter, compared to the consensus estimate of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The firm’s revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.18 earnings per share. As a group, analysts expect that T-Mobile US, Inc. will post 9.02 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be given a dividend of $0.65 per share. The ex-dividend date is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.60%. T-Mobile US’s payout ratio is presently 37.52%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TMUS. Norges Bank acquired a new position in shares of T-Mobile US during the 4th quarter worth approximately $3,338,708,000. Wellington Management Group LLP grew its position 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 in the last quarter. Softbank Group CORP. grew its position in shares of T-Mobile US by 9.0% during the 2nd quarter. Softbank Group CORP. now owns 43,338,209 shares of the Wireless communications provider’s stock worth $6,019,677,000 after purchasing an additional 3,566,400 shares in the last quarter. Ontario Teachers Pension Plan Board grew its position in shares of T-Mobile US by 75,125.5% during the 2nd quarter. Ontario Teachers Pension Plan Board now owns 3,378,375 shares of the Wireless communications provider’s stock worth $469,256,000 after purchasing an additional 3,373,884 shares in the last quarter. Finally, Jericho Capital Asset Management L.P. acquired a new position in shares of T-Mobile US during the 2nd quarter worth approximately $333,657,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on TMUS. KeyCorp reduced their target price on shares of T-Mobile US from $183.00 to $175.00 and set an “overweight” rating for the company in a research note on Friday, January 26th. Raymond James upped their target price on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 26th. Morgan Stanley upped their target price on shares of T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a research note on Monday, January 29th. UBS Group increased their price objective on shares of T-Mobile US from $180.00 to $186.00 and gave the stock a “buy” rating in a research note on Wednesday, December 13th. Finally, Oppenheimer restated an “outperform” rating and set a $190.00 price objective on shares of T-Mobile US in a research note on Tuesday, December 19th. One analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $185.93.

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.