T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Srikant M. Datar sold 730 shares of the stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now owns 3,291 shares of the company's stock, valued at approximately $865,533. This represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
T-Mobile US Stock Up 0.9 %
Shares of TMUS stock traded up $2.29 during mid-day trading on Friday, reaching $265.24. 3,289,580 shares of the company were exchanged, compared to its average volume of 3,992,415. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $276.49. 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 company has a market capitalization of $302.84 billion, a P/E ratio of 27.43, a P/E/G ratio of 1.55 and a beta of 0.64. The business's 50 day simple moving average is $239.80 and its 200 day simple moving average is $226.42.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping analysts' consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. Research analysts predict that T-Mobile US, Inc. will post 10.37 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 Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Friday, May 30th. T-Mobile US's payout ratio is 36.40%.
Hedge Funds Weigh In On T-Mobile US
Several institutional investors and hedge funds have recently bought and sold shares of TMUS. Norges Bank purchased a new position in T-Mobile US during the 4th quarter valued at about $1,802,393,000. Canada Pension Plan Investment Board grew its stake in T-Mobile US by 85.5% during the 4th quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider's stock valued at $1,329,919,000 after acquiring an additional 2,777,657 shares in the last quarter. Raymond James Financial Inc. purchased a new position in T-Mobile US during the 4th quarter valued at about $452,721,000. Capital International Investors grew its stake in T-Mobile US by 36.2% during the 4th quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider's stock valued at $1,440,424,000 after acquiring an additional 1,734,998 shares in the last quarter. Finally, FMR LLC grew its stake in T-Mobile US by 13.4% during the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider's stock valued at $2,660,758,000 after acquiring an additional 1,522,394 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.
Wall Street Analyst Weigh In
TMUS has been the topic of a number of research reports. Bank of America boosted their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a report on Thursday, January 30th. Barclays lifted their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a research note on Monday, February 3rd. Sanford C. Bernstein initiated coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They set a "market perform" rating and a $265.00 price target for the company. Evercore ISI raised shares of T-Mobile US to a "strong-buy" rating in a research note on Thursday, January 23rd. Finally, Tigress Financial reissued a "buy" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Nine equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US currently has a consensus rating of "Moderate Buy" and a consensus target price of $254.10.
Read Our Latest Stock Analysis on TMUS
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.
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