Investors Buy High Volume of T-Mobile US Put Options (NASDAQ:TMUS)

T-Mobile US, Inc. (NASDAQ:TMUSGet Free Report) was the target of unusually large options trading on Wednesday. Stock traders bought 20,542 put options on the stock. This represents an increase of 38% compared to the average daily volume of 14,837 put options.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $179.77 on Friday. The business’s 50 day simple moving average is $164.74 and its 200-day simple moving average is $161.64. The firm has a market capitalization of $210.66 billion, a price-to-earnings ratio of 24.46, a price-to-earnings-growth ratio of 0.69 and a beta of 0.50. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.94 and a quick ratio of 0.86. T-Mobile US has a 12 month low of $126.05 and a 12 month high of $182.67.

T-Mobile US (NASDAQ:TMUSGet Free Report) last announced its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping the consensus estimate of $1.83 by $0.17. The business had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The company’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.58 EPS. As a group, equities analysts forecast that T-Mobile US will post 9.02 earnings per share for the current fiscal 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 given a dividend of $0.65 per share. The ex-dividend date is Friday, May 31st. This represents a $2.60 annualized dividend and a dividend yield of 1.45%. T-Mobile US’s dividend payout ratio is currently 35.37%.

Insider Transactions at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 227,604 shares of the firm’s stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $172.65, for a total transaction of $39,295,830.60. Following the completion of the transaction, the director now directly owns 673,251,489 shares in the company, valued at $116,236,869,575.85. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction on Monday, April 1st. The stock was sold at an average price of $163.22, for a total value of $489,660.00. Following the completion of the transaction, the insider now directly owns 125,687 shares in the company, valued at $20,514,632.14. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $172.65, for a total value of $39,295,830.60. Following the completion of the transaction, the director now owns 673,251,489 shares of the company’s stock, valued at $116,236,869,575.85. The disclosure for this sale can be found here. Insiders sold a total of 6,664,957 shares of company stock worth $1,088,812,994 over the last ninety days. Company insiders own 0.67% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Boston Partners raised its holdings in T-Mobile US by 1.1% in the 1st quarter. Boston Partners now owns 2,597,340 shares of the Wireless communications provider’s stock valued at $424,025,000 after acquiring an additional 28,045 shares during the last quarter. Cetera Advisors LLC raised its holdings in T-Mobile US by 158.8% in the 1st quarter. Cetera Advisors LLC now owns 29,608 shares of the Wireless communications provider’s stock valued at $4,833,000 after acquiring an additional 18,169 shares during the last quarter. Cetera Investment Advisers raised its holdings in T-Mobile US by 136.2% in the 1st quarter. Cetera Investment Advisers now owns 91,650 shares of the Wireless communications provider’s stock valued at $14,959,000 after acquiring an additional 52,844 shares during the last quarter. Community Trust & Investment Co. raised its holdings in T-Mobile US by 258.0% in the 1st quarter. Community Trust & Investment Co. now owns 68,658 shares of the Wireless communications provider’s stock valued at $11,206,000 after acquiring an additional 49,479 shares during the last quarter. Finally, Swedbank AB acquired a new position in T-Mobile US in the 1st quarter valued at $38,784,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have weighed in on TMUS. Tigress Financial raised their price target on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Royal Bank of Canada raised their price target on T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Benchmark reiterated a “buy” rating and set a $200.00 target price on shares of T-Mobile US in a research report on Wednesday, May 29th. StockNews.com cut T-Mobile US from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, TD Cowen cut their target price on T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research report on Friday, April 26th. One investment analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $187.86.

View Our Latest Stock Report on TMUS

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; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.

Further Reading

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