Telekom Ag Deutsche Sells 69,840 Shares of T-Mobile US (NASDAQ:TMUS) Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 69,840 shares of the business’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $252.94, for a total transaction of $17,665,329.60. Following the completion of the sale, the director directly owned 635,293,964 shares of the company’s stock, valued at approximately $160,691,255,254.16. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Telekom Ag Deutsche also recently made the following trade(s):

• On Monday, September 8th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $243.47, for a total transaction of $17,003,944.80.
• On Tuesday, September 2nd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $256.44, for a total transaction of $17,909,769.60.
• On Friday, August 29th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $251.23, for a total transaction of $17,545,903.20.
• On Wednesday, August 27th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $251.35, for a total transaction of $17,554,284.00.
• On Monday, August 25th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $251.32, for a total transaction of $17,552,188.80.
• On Friday, August 22nd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $254.79, for a total transaction of $17,794,533.60.
• On Wednesday, August 20th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $259.87, for a total transaction of $18,149,320.80.
• On Monday, August 18th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $255.46, for a total transaction of $17,841,326.40.
• On Thursday, August 14th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $250.87, for a total transaction of $17,520,760.80.
• On Monday, August 11th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $247.58, for a total transaction of $17,290,987.20.

T-Mobile US Trading Down 0.1%

NASDAQ TMUS opened at $242.72 on Wednesday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.13 and a current ratio of 1.21. The firm has a market cap of $273.16 billion, a PE ratio of 22.90, a P/E/G ratio of 1.33 and a beta of 0.61. T-Mobile US, Inc. has a one year low of $194.41 and a one year high of $276.49. The firm’s fifty day moving average is $243.14 and its two-hundred day moving average is $247.18.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.69 by $0.15. The company had revenue of $21.13 billion for the quarter, compared to analyst estimates of $20.99 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. T-Mobile US’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the business posted $2.49 earnings per share. Analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Crestwood Advisors Group LLC grew its position in T-Mobile US by 79.5% during the first quarter. Crestwood Advisors Group LLC now owns 1,635 shares of the Wireless communications provider’s stock worth $436,000 after buying an additional 724 shares during the period. Canada Pension Plan Investment Board grew its position in T-Mobile US by 14.3% during the first quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider’s stock worth $1,837,399,000 after buying an additional 864,030 shares during the period. Advisor Resource Council acquired a new position in T-Mobile US during the first quarter worth about $463,000. Main Street Research LLC grew its position in T-Mobile US by 1.0% during the first quarter. Main Street Research LLC now owns 177,902 shares of the Wireless communications provider’s stock worth $47,448,000 after buying an additional 1,788 shares during the period. Finally, Sawgrass Asset Management LLC acquired a new position in T-Mobile US during the first quarter worth about $6,543,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Morgan Stanley boosted their price target on shares of T-Mobile US from $265.00 to $285.00 and gave the stock an “overweight” rating in a research note on Thursday, July 24th. Royal Bank Of Canada boosted their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the stock a “sector perform” rating in a research note on Friday, July 25th. Wall Street Zen lowered shares of T-Mobile US from a “buy” rating to a “hold” rating in a research note on Saturday, May 24th. Rothschild & Co Redburn upgraded shares of T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price target on the stock in a research note on Monday, July 7th. Finally, KeyCorp reiterated an “underweight” rating and set a $200.00 price target on shares of T-Mobile US in a research note on Wednesday, July 9th. Three analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $258.02.

T-Mobile US Company Profile

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.