Teresa Taylor Sells 12,022 Shares of T-Mobile US, Inc. (NASDAQ:TMUS) Stock

T-Mobile US, Inc. (NASDAQ:TMUSGet Free Report) Director Teresa Taylor sold 12,022 shares of the company’s stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $161.80, for a total value of $1,945,159.60. Following the completion of the transaction, the director now owns 13,014 shares in the company, valued at $2,105,665.20. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

T-Mobile US Price Performance

NASDAQ TMUS opened at $160.93 on Friday. The company has a market capitalization of $191.00 billion, a PE ratio of 23.22, a price-to-earnings-growth ratio of 0.60 and a beta of 0.50. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. The business’s fifty day moving average is $160.03 and its 200 day moving average is $147.60. T-Mobile US, Inc. has a fifty-two week low of $124.92 and a fifty-two week high of $165.95.

T-Mobile US (NASDAQ:TMUSGet Free Report) last released its 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 for the quarter, compared to analysts’ expectations of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. T-Mobile US’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.18 earnings per share. Sell-side analysts predict that T-Mobile US, Inc. will post 9.2 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 14th. Investors of record on Friday, March 1st will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Thursday, February 29th. This represents a $2.60 annualized dividend and a yield of 1.62%. T-Mobile US’s dividend payout ratio (DPR) is presently 37.52%.

Institutional Investors Weigh In On T-Mobile US

Institutional investors and hedge funds have recently bought and sold shares of the business. Financial Counselors Inc. bought a new stake in T-Mobile US during the third quarter valued at about $218,000. Pinnacle Associates Ltd. raised its holdings in T-Mobile US by 0.4% during the second quarter. Pinnacle Associates Ltd. now owns 25,687 shares of the Wireless communications provider’s stock valued at $3,568,000 after acquiring an additional 109 shares during the period. Graham Capital Management L.P. increased its holdings in shares of T-Mobile US by 806.4% in the second quarter. Graham Capital Management L.P. now owns 93,110 shares of the Wireless communications provider’s stock worth $12,933,000 after purchasing an additional 82,838 shares during the last quarter. STF Management LP increased its holdings in shares of T-Mobile US by 150.7% in the third quarter. STF Management LP now owns 19,321 shares of the Wireless communications provider’s stock worth $2,706,000 after purchasing an additional 11,614 shares during the last quarter. Finally, Sentry Investment Management LLC increased its holdings in shares of T-Mobile US by 5.9% in the second quarter. Sentry Investment Management LLC now owns 4,192 shares of the Wireless communications provider’s stock worth $582,000 after purchasing an additional 233 shares during the last quarter. 42.49% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on TMUS shares. Wells Fargo & Company upped their target price on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, January 22nd. Royal Bank of Canada restated an “outperform” rating and set a $168.00 target price on shares of T-Mobile US in a report on Tuesday, January 9th. KeyCorp dropped their target price on T-Mobile US from $183.00 to $175.00 and set an “overweight” rating for the company in a report on Friday, January 26th. The Goldman Sachs Group increased their target price on T-Mobile US from $191.00 to $194.00 in a report on Monday, October 16th. Finally, Morgan Stanley increased their target price on T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a report on Monday, January 29th. One analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $185.93.

Check Out Our Latest Report on T-Mobile US

T-Mobile US Company Profile

(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; leasing through JUMP! On Demand; and High Speed Internet services.

Read More

Insider Buying and Selling by Quarter for T-Mobile US (NASDAQ:TMUS)

Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter.