T-Mobile US Sees Unusually High Options Volume (NASDAQ:TMUS)

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) was the recipient of some unusual options trading activity on Wednesday. Stock traders bought 12,670 call options on the stock. This is an increase of approximately 46% compared to the typical daily volume of 8,666 call options.

Analysts Set New Price Targets

Several research analysts have weighed in on TMUS shares. Wells Fargo & Company reiterated an "equal weight" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. UBS Group downgraded shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. JPMorgan Chase & Co. upped their price target on T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 18th. HSBC cut T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price objective for the company. in a research note on Wednesday, March 5th. Finally, Bank of America increased their target price on T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $256.80.

T-Mobile US Stock Down 1.2 %

Shares of NASDAQ:TMUS traded down $3.35 on Friday, hitting $264.93. 3,322,070 shares of the company's stock were exchanged, compared to its average volume of 4,168,610. T-Mobile US has a 1-year low of $159.14 and a 1-year high of $276.49. The company has a market capitalization of $302.48 billion, a PE ratio of 27.40, a P/E/G ratio of 1.55 and a beta of 0.64. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The firm's 50-day moving average is $252.92 and its 200 day moving average is $232.89.

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T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Sell-side analysts predict that T-Mobile US will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.33%. T-Mobile US's dividend payout ratio is presently 36.40%.

Insider Activity

In other news, Director Srikant M. Datar sold 730 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. This represents a 18.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.67% of the company's stock.

Hedge Funds Weigh In On T-Mobile US

Hedge funds have recently made changes to their positions in the company. Principal Financial Group Inc. increased its position in T-Mobile US by 2.5% during the third quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider's stock worth $408,297,000 after buying an additional 47,350 shares during the period. Fisher Asset Management LLC raised its position in T-Mobile US by 139.5% in the 3rd quarter. Fisher Asset Management LLC now owns 4,029 shares of the Wireless communications provider's stock valued at $831,000 after purchasing an additional 2,347 shares during the last quarter. Brown Brothers Harriman & Co. raised its position in T-Mobile US by 64.1% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 6,315 shares of the Wireless communications provider's stock valued at $1,303,000 after purchasing an additional 2,467 shares during the last quarter. Bank of Montreal Can grew its position in T-Mobile US by 5.6% during the 3rd quarter. Bank of Montreal Can now owns 1,069,371 shares of the Wireless communications provider's stock worth $219,414,000 after purchasing an additional 56,493 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in T-Mobile US by 1.0% in the third quarter. The Manufacturers Life Insurance Company now owns 730,061 shares of the Wireless communications provider's stock valued at $150,655,000 after purchasing an additional 6,885 shares during the period. Hedge funds and other institutional investors own 42.49% of the company's stock.

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.