T-Mobile US, Inc. (NASDAQ:TMUS – Get Free Report) Director Raul Marcelo Claure sold 110,000 shares of T-Mobile US stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the sale, the director now owns 1,441,204 shares of the company’s stock, valued at $323,262,057.20. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Raul Marcelo Claure also recently made the following trade(s):
- On Wednesday, September 11th, Raul Marcelo Claure sold 132,309 shares of T-Mobile US stock. The shares were sold at an average price of $196.74, for a total transaction of $26,030,472.66.
- On Monday, September 9th, Raul Marcelo Claure sold 1,572 shares of T-Mobile US stock. The shares were sold at an average price of $196.00, for a total transaction of $308,112.00.
- On Monday, August 26th, Raul Marcelo Claure sold 2,706 shares of T-Mobile US stock. The stock was sold at an average price of $200.11, for a total value of $541,497.66.
- On Friday, August 23rd, Raul Marcelo Claure sold 111,882 shares of T-Mobile US stock. The shares were sold at an average price of $197.84, for a total transaction of $22,134,734.88.
- On Tuesday, August 20th, Raul Marcelo Claure sold 9,586 shares of T-Mobile US stock. The stock was sold at an average price of $196.96, for a total value of $1,888,058.56.
T-Mobile US Price Performance
TMUS traded up $5.08 during trading on Wednesday, hitting $232.19. The company’s stock had a trading volume of 4,114,941 shares, compared to its average volume of 3,708,538. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The firm has a market capitalization of $269.45 billion, a price-to-earnings ratio of 26.48, a P/E/G ratio of 1.15 and a beta of 0.50. The business’s fifty day simple moving average is $210.45 and its 200 day simple moving average is $189.05. T-Mobile US, Inc. has a twelve month low of $145.77 and a twelve month high of $234.56.
T-Mobile US Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be paid a dividend of $0.88 per share. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 annualized dividend and a yield of 1.52%. The ex-dividend date is Wednesday, November 27th. T-Mobile US’s payout ratio is 29.65%.
Hedge Funds Weigh In On T-Mobile US
Several hedge funds and other institutional investors have recently made changes to their positions in TMUS. International Assets Investment Management LLC raised its holdings in T-Mobile US by 21,580.9% in the 3rd quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider’s stock valued at $51,586,000 after acquiring an additional 248,828 shares during the last quarter. CFO4Life Group LLC purchased a new position in T-Mobile US during the first quarter worth approximately $932,000. NewEdge Advisors LLC boosted its stake in T-Mobile US by 13.6% during the second quarter. NewEdge Advisors LLC now owns 211,059 shares of the Wireless communications provider’s stock worth $37,184,000 after buying an additional 25,217 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in T-Mobile US by 26.3% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 20,438 shares of the Wireless communications provider’s stock valued at $3,336,000 after buying an additional 4,253 shares in the last quarter. Finally, Ferguson Wellman Capital Management Inc. increased its stake in shares of T-Mobile US by 84.6% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 223,997 shares of the Wireless communications provider’s stock worth $46,224,000 after acquiring an additional 102,663 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.
Analyst Ratings Changes
Several brokerages recently weighed in on TMUS. BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a research note on Friday, October 25th. Benchmark upped their price objective on shares of T-Mobile US from $250.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Royal Bank of Canada lifted their target price on shares of T-Mobile US from $232.00 to $255.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Citigroup upped their price target on shares of T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Finally, TD Cowen boosted their price objective on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $241.83.
Read Our Latest Stock Report on T-Mobile US
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.
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