Insider Selling: T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells 1,100 Shares of Stock

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Letitia A. Long sold 1,100 shares of the firm's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the sale, the director now owns 5,653 shares in the company, valued at $1,306,295.24. The trade was a 16.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS traded down $8.76 during midday trading on Tuesday, hitting $220.71. The company had a trading volume of 7,727,338 shares, compared to its average volume of 4,367,874. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The company has a market cap of $256.13 billion, a price-to-earnings ratio of 25.17, a PEG ratio of 1.20 and a beta of 0.53. T-Mobile US, Inc. has a 12-month low of $153.84 and a 12-month high of $248.15. The company has a fifty day moving average of $231.19 and a two-hundred day moving average of $204.12.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The business had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. During the same quarter in the prior year, the business posted $1.82 EPS. T-Mobile US's revenue for the quarter was up 4.7% compared to the same quarter last year. On average, equities research analysts expect that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.59%. T-Mobile US's payout ratio is 40.14%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Apollon Wealth Management LLC lifted its stake in T-Mobile US by 11.3% in the second quarter. Apollon Wealth Management LLC now owns 13,110 shares of the Wireless communications provider's stock worth $2,310,000 after purchasing an additional 1,330 shares during the last quarter. Aaron Wealth Advisors LLC increased its holdings in T-Mobile US by 15.4% during the second quarter. Aaron Wealth Advisors LLC now owns 1,794 shares of the Wireless communications provider's stock valued at $316,000 after buying an additional 240 shares during the period. Shelton Wealth Management LLC increased its holdings in T-Mobile US by 51.2% during the second quarter. Shelton Wealth Management LLC now owns 5,018 shares of the Wireless communications provider's stock valued at $884,000 after buying an additional 1,700 shares during the period. Fortis Capital Management LLC purchased a new position in T-Mobile US in the second quarter worth $2,349,000. Finally, American National Bank grew its holdings in T-Mobile US by 46.4% in the second quarter. American National Bank now owns 262 shares of the Wireless communications provider's stock worth $46,000 after purchasing an additional 83 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on TMUS. Oppenheimer lifted their price objective on T-Mobile US from $215.00 to $250.00 and gave the stock an "outperform" rating in a report on Thursday, October 24th. Citigroup lifted their price objective on T-Mobile US from $210.00 to $254.00 and gave the company a "buy" rating in a research report on Monday, October 21st. The Goldman Sachs Group lifted their price objective on T-Mobile US from $220.00 to $250.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Tigress Financial lifted their target price on shares of T-Mobile US from $235.00 to $280.00 and gave the company a "buy" rating in a report on Monday, December 2nd. Finally, Evercore ISI lifted their target price on shares of T-Mobile US from $220.00 to $240.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. Five analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $247.58.

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.