Telekom Ag Deutsche Sells 189,670 Shares of T-Mobile US, Inc. (NASDAQ:TMUS) Stock

Posted by AM Reporter Staff on Mar 28th, 2024

T-Mobile US, Inc. (NASDAQ:TMUS – Get Free Report) Director Telekom Ag Deutsche sold 189,670 shares of the company’s stock in a transaction dated Monday, March 25th. The stock was sold at an average price of $160.98, for a total transaction of $30,533,076.60. Following the completion of the transaction, the director now owns 682,374,816 shares in the company, valued at $109,848,697,879.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

On Friday, March 22nd, Telekom Ag Deutsche sold 186,704 shares of T-Mobile US stock. The stock was sold at an average price of $160.53, for a total transaction of $29,971,593.12.
On Wednesday, March 20th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was 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 stock was 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 shares were 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 shares were 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 Trading Up 0.6 %

Shares of TMUS stock opened at $162.01 on Thursday. The company’s 50-day moving average price is $162.73 and its 200-day moving average price is $153.69. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. The stock has a market cap of $192.28 billion, a price-to-earnings ratio of 23.38, a PEG ratio of 0.65 and a beta of 0.49. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $168.64.

T-Mobile US (NASDAQ:TMUS – Get Free Report) last announced 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 firm had revenue of $20.48 billion for the quarter, compared to analyst estimates of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The company’s revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.18 EPS. As a group, equities analysts predict that T-Mobile US, Inc. will post 9.02 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be issued a $0.65 dividend. The ex-dividend date is Friday, May 31st. This represents a $2.60 annualized dividend and a yield of 1.60%. T-Mobile US’s dividend payout ratio (DPR) is currently 37.52%.

Analyst Ratings Changes

A number of research firms have issued reports on TMUS. Oppenheimer reissued an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a research report on Tuesday, December 19th. Wells Fargo & Company lifted their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Monday, January 22nd. UBS Group lifted their target price on shares of T-Mobile US from $180.00 to $186.00 and gave the company a “buy” rating in a report on Wednesday, December 13th. Raymond James lifted their target price on shares of T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. Finally, Morgan Stanley lifted their target price on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a report on Monday, January 29th. One investment analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $185.93.

Get Our Latest Report on TMUS

Institutional Trading of T-Mobile US

Several institutional investors and hedge funds have recently bought and sold shares of TMUS. Norges Bank purchased a new stake in T-Mobile US in the 4th quarter valued at about $3,338,708,000. Wellington Management Group LLP increased its stake in T-Mobile US by 200.0% during the fourth 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. Softbank Group CORP. increased its stake in T-Mobile US by 9.0% during the second 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 during the period. Ontario Teachers Pension Plan Board increased its stake in T-Mobile US by 75,125.5% during the second 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 during the period. Finally, Jericho Capital Asset Management L.P. purchased a new stake in T-Mobile US during the second quarter worth about $333,657,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

About T-Mobile US

(Get Free Report)

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.