T-Mobile US Sees Unusually Large Options Volume (NASDAQ:TMUS)

T-Mobile US, Inc. (NASDAQ:TMUS) was the recipient of some unusual options trading on Friday. Stock investors purchased 49,984 call options on the company. This represents an increase of approximately 220% compared to the average daily volume of 15,600 call options.

Analyst Ratings Changes

TMUS has been the topic of a number of analyst reports. The Goldman Sachs Group decreased their target price on shares of T-Mobile US from $287.00 to $251.00 and set a “buy” rating on the stock in a research report on Friday, December 12th. KeyCorp raised T-Mobile US from an “underweight” rating to a “sector weight” rating in a research note on Tuesday, December 2nd. TD Cowen reissued a “buy” rating on shares of T-Mobile US in a research note on Friday, October 24th. Tigress Financial increased their target price on T-Mobile US from $305.00 to $310.00 and gave the company a “buy” rating in a report on Tuesday, November 11th. Finally, Royal Bank Of Canada decreased their price target on T-Mobile US from $270.00 to $255.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $255.58.

Insiders Place Their Bets

In related news, Director G Michael Sievert sold 22,500 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $216.97, for a total value of $4,881,825.00. Following the sale, the director directly owned 308,696 shares of the company’s stock, valued at $66,977,771.12. This trade represents a 6.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Srini Gopalan acquired 9,800 shares of the company’s stock in a transaction dated Thursday, November 6th. The shares were bought at an average cost of $201.82 per share, with a total value of $1,977,836.00. Following the completion of the acquisition, the chief executive officer directly owned 90,258 shares in the company, valued at $18,215,869.56. The trade was a 12.18% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 51,457 shares of company stock worth $11,149,636 over the last three months. Company insiders own 0.37% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Allworth Financial LP increased its holdings in T-Mobile US by 14.2% in the 2nd quarter. Allworth Financial LP now owns 6,530 shares of the Wireless communications provider’s stock valued at $1,556,000 after acquiring an additional 810 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of T-Mobile US by 4.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 450,679 shares of the Wireless communications provider’s stock worth $107,884,000 after purchasing an additional 19,486 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of T-Mobile US by 7.8% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 204,754 shares of the Wireless communications provider’s stock worth $49,014,000 after purchasing an additional 14,800 shares during the last quarter. Associated Banc Corp lifted its position in shares of T-Mobile US by 50.6% in the second quarter. Associated Banc Corp now owns 25,903 shares of the Wireless communications provider’s stock worth $6,172,000 after buying an additional 8,700 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp boosted its stake in T-Mobile US by 930.5% during the second quarter. OMERS ADMINISTRATION Corp now owns 195,267 shares of the Wireless communications provider’s stock valued at $46,524,000 after buying an additional 176,319 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Up 4.2%

Shares of NASDAQ TMUS opened at $197.21 on Friday. The firm has a fifty day simple moving average of $197.76 and a two-hundred day simple moving average of $221.02. The firm has a market capitalization of $220.58 billion, a PE ratio of 18.96, a price-to-earnings-growth ratio of 1.05 and a beta of 0.45. The company has a current ratio of 0.89, a quick ratio of 0.80 and a debt-to-equity ratio of 1.37. T-Mobile US 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 given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, February 27th. T-Mobile US’s payout ratio is presently 39.23%.

T-Mobile US Company Profile

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.