T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Letitia Long sold 1,457 shares of the company's stock in a transaction on Friday, December 5th. The stock was sold at an average price of $210.32, for a total value of $306,436.24. Following the transaction, the director directly owned 5,438 shares in the company, valued at approximately $1,143,720.16. This represents a 21.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
T-Mobile US Stock Down 1.5%
NASDAQ TMUS opened at $201.35 on Wednesday. The stock has a market capitalization of $225.21 billion, a P/E ratio of 19.36, a price-to-earnings-growth ratio of 1.31 and a beta of 0.44. T-Mobile US, Inc. has a 52 week low of $199.17 and a 52 week high of $276.49. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89. The stock has a fifty day moving average of $215.90 and a 200-day moving average of $231.54.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.01. The business had revenue of $21.96 billion for the quarter, compared to analyst estimates of $21.61 billion. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The firm's revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.61 earnings per share. On average, equities research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.
T-Mobile US Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 27th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, February 27th. T-Mobile US's dividend payout ratio (DPR) is 39.23%.
Hedge Funds Weigh In On T-Mobile US
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Weaver Capital Management LLC increased its position in shares of T-Mobile US by 0.6% in the 2nd quarter. Weaver Capital Management LLC now owns 6,737 shares of the Wireless communications provider's stock valued at $1,605,000 after buying an additional 42 shares in the last quarter. Haven Private LLC grew its stake in T-Mobile US by 1.3% in the second quarter. Haven Private LLC now owns 3,186 shares of the Wireless communications provider's stock valued at $759,000 after acquiring an additional 42 shares during the period. Bank of Stockton grew its stake in T-Mobile US by 1.2% in the second quarter. Bank of Stockton now owns 3,802 shares of the Wireless communications provider's stock valued at $906,000 after acquiring an additional 44 shares during the period. Richardson Financial Services Inc. increased its holdings in shares of T-Mobile US by 0.9% in the second quarter. Richardson Financial Services Inc. now owns 4,899 shares of the Wireless communications provider's stock worth $1,183,000 after acquiring an additional 45 shares in the last quarter. Finally, Cetera Trust Company N.A raised its position in shares of T-Mobile US by 0.4% during the second quarter. Cetera Trust Company N.A now owns 12,018 shares of the Wireless communications provider's stock worth $2,863,000 after purchasing an additional 45 shares during the period. 42.49% of the stock is owned by institutional investors.
Analysts Set New Price Targets
TMUS has been the subject of several analyst reports. Rothschild Redb upgraded shares of T-Mobile US to a "hold" rating in a research report on Tuesday, September 30th. Royal Bank Of Canada reaffirmed a "buy" rating on shares of T-Mobile US in a report on Friday, October 24th. Zacks Research raised T-Mobile US from a "strong sell" rating to a "hold" rating in a research note on Wednesday, November 26th. Wolfe Research reduced their price target on T-Mobile US from $300.00 to $290.00 and set an "outperform" rating on the stock in a research report on Tuesday, September 30th. Finally, JPMorgan Chase & Co. lifted their price objective on T-Mobile US from $280.00 to $300.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 30th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $266.00.
View Our Latest Stock Analysis on T-Mobile US
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.
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