Key Points
- CFO Peter Osvaldik sold 27,000 T‑Mobile shares at an average price of $214.86 for a total of $5.801M, cutting his holding by 34.36% to 51,573 shares; the sale was disclosed in an SEC filing.
- The company announced a quarterly dividend of $1.02 per share (ex‑dividend and record date Feb 27, payable Mar 12), equivalent to a $4.08 annualized payout and about a 1.9% yield.
- Analysts have an average rating of "Moderate Buy" with a mean price target of $257.09, while the stock traded around $213.98 midday (market cap ≈ $235.8B, P/E ≈ 22).
T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) CFO Peter Osvaldik sold 27,000 shares of the company's stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $214.86, for a total transaction of $5,801,220.00. Following the transaction, the chief financial officer directly owned 51,573 shares of the company's stock, valued at approximately $11,080,974.78. This represents a 34.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
T-Mobile US Trading Down 0.6%
Shares of TMUS traded down $1.32 during mid-day trading on Friday, hitting $213.98. The company had a trading volume of 761,136 shares, compared to its average volume of 6,517,217. T-Mobile US, Inc. has a 1-year low of $181.36 and a 1-year high of $276.49. The business's 50-day simple moving average is $198.28 and its 200-day simple moving average is $218.33. The stock has a market cap of $235.77 billion, a PE ratio of 22.03, a P/E/G ratio of 1.36 and a beta of 0.44. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 1.45.
T-Mobile US Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 27th will be paid 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 payout ratio is currently 42.02%.
Wall Street Analysts Forecast Growth
TMUS has been the topic of a number of research analyst reports. Scotiabank reduced their target price on T-Mobile US from $270.50 to $266.00 and set a "sector outperform" rating on the stock in a report on Thursday, February 12th. Benchmark restated a "buy" rating on shares of T-Mobile US in a report on Thursday, February 12th. Royal Bank Of Canada decreased their target price on T-Mobile US from $270.00 to $255.00 and set an "outperform" rating for the company in a report on Friday, January 16th. Wells Fargo & Company raised their price target on shares of T-Mobile US from $225.00 to $235.00 and gave the company an "overweight" rating in a report on Friday, February 13th. Finally, BNP Paribas Exane reduced their price target on shares of T-Mobile US from $300.00 to $275.00 and set an "outperform" rating on the stock in a research report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $257.09.
Check Out Our Latest Report on T-Mobile US
Hedge Funds Weigh In On T-Mobile US
A number of institutional investors and hedge funds have recently bought and sold shares of TMUS. Howard Hughes Medical Institute acquired a new position in shares of T-Mobile US during the second quarter worth $25,000. United Community Bank increased its stake in T-Mobile US by 131.1% during the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider's stock worth $25,000 after buying an additional 59 shares during the period. JDM Financial Group LLC increased its stake in T-Mobile US by 114.0% during the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider's stock worth $25,000 after buying an additional 65 shares during the period. Elevation Wealth Partners LLC lifted its holdings in T-Mobile US by 190.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider's stock worth $28,000 after buying an additional 76 shares in the last quarter. Finally, Aspect Partners LLC boosted its position in T-Mobile US by 112.1% in the 2nd quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider's stock valued at $29,000 after buying an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.
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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