Key Points
- Raul Marcelo Claure sold 550,000 shares of T‑Mobile on Feb. 12 at an average price of $217.57 for a total of $119,663,500, leaving him with 891,204 shares (a 38.16% reduction in his position).
- T‑Mobile announced a quarterly dividend of $1.02 per share (ex‑dividend Feb. 27, payable Mar. 12), equal to a $4.08 annualized payout and a ~1.9% yield with a 42.02% payout ratio.
- Analysts have an average rating of "Moderate Buy" on TMUS with an average target price of $256.65; consensus breakdown is skewed toward Buy ratings (16 Buy, 11 Hold, 1 Strong Buy).
T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Raul Marcelo Claure sold 550,000 shares of the firm's stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $217.57, for a total transaction of $119,663,500.00. Following the sale, the director directly owned 891,204 shares in the company, valued at approximately $193,899,254.28. The trade was a 38.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
T-Mobile US Trading Up 0.1%
Shares of T-Mobile US stock opened at $219.61 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45. The company has a fifty day simple moving average of $197.52 and a 200-day simple moving average of $218.39. The stock has a market cap of $241.98 billion, a price-to-earnings ratio of 22.62, a PEG ratio of 1.29 and a beta of 0.44. T-Mobile US, Inc. has a 12-month low of $181.36 and a 12-month high of $276.49.
T-Mobile US Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 27th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.08 annualized dividend and a dividend yield of 1.9%. T-Mobile US's dividend payout ratio (DPR) is presently 42.02%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Caisse de depot et placement du Quebec lifted its holdings in T-Mobile US by 20.7% in the fourth quarter. Caisse de depot et placement du Quebec now owns 660,513 shares of the Wireless communications provider's stock valued at $134,111,000 after acquiring an additional 113,205 shares during the period. Viking Global Investors LP increased its holdings in shares of T-Mobile US by 15.1% in the 4th quarter. Viking Global Investors LP now owns 3,754,218 shares of the Wireless communications provider's stock valued at $762,256,000 after purchasing an additional 491,752 shares in the last quarter. Challenger Wealth Management lifted its stake in shares of T-Mobile US by 2.2% in the fourth quarter. Challenger Wealth Management now owns 5,612 shares of the Wireless communications provider's stock valued at $1,139,000 after purchasing an additional 120 shares during the period. DV Equities LLC purchased a new stake in T-Mobile US during the fourth quarter worth about $136,000. Finally, AQR Capital Management LLC grew its position in T-Mobile US by 24.5% during the fourth quarter. AQR Capital Management LLC now owns 1,249,765 shares of the Wireless communications provider's stock worth $253,752,000 after buying an additional 246,260 shares during the period. Institutional investors and hedge funds own 42.49% of the company's stock.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on TMUS. KeyCorp raised T-Mobile US from an "underweight" rating to a "sector weight" rating in a research report on Tuesday, December 2nd. Sanford C. Bernstein reduced their price objective on T-Mobile US from $265.00 to $245.00 and set a "market perform" rating for the company in a research note on Thursday, January 15th. Argus lowered their target price on shares of T-Mobile US from $275.00 to $245.00 and set a "buy" rating on the stock in a research report on Tuesday, December 9th. Zacks Research raised shares of T-Mobile US from a "strong sell" rating to a "hold" rating in a report on Wednesday, November 26th. Finally, Oppenheimer cut shares of T-Mobile US from an "outperform" rating to a "market perform" rating in a research note on Friday, November 21st. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, T-Mobile US has an average rating of "Moderate Buy" and an average target price of $256.65.
Read Our Latest Stock Report on TMUS
About T-Mobile US
(
Get Free Report)
T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.
Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.
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