T-Mobile US (NASDAQ:TMUS) COO Jon Freier Sells 4,799 Shares

T-Mobile US, Inc. (NASDAQ:TMUS) COO Jon Freier sold 4,799 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $190.00, for a total value of $911,810.00. Following the transaction, the chief operating officer directly owned 217,168 shares in the company, valued at $41,261,920. The trade was a 2.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $191.11 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58. T-Mobile US, Inc. has a twelve month low of $181.36 and a twelve month high of $261.56. The stock’s 50 day moving average is $197.68 and its 200-day moving average is $202.03. The firm has a market capitalization of $206.82 billion, a price-to-earnings ratio of 20.33, a PEG ratio of 1.11 and a beta of 0.33.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.26. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The company had revenue of $23.11 billion for the quarter, compared to analyst estimates of $22.98 billion. During the same period in the prior year, the firm earned $2.58 earnings per share. T-Mobile US’s revenue for the quarter was up 10.6% on a year-over-year basis. Sell-side analysts forecast that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be issued a dividend of $1.02 per share. The ex-dividend date is Friday, May 29th. This represents a $4.08 annualized dividend and a yield of 2.1%. T-Mobile US’s dividend payout ratio is 43.40%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on TMUS shares. Wells Fargo & Company upped their price target on T-Mobile US from $225.00 to $235.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of T-Mobile US in a report on Friday, April 10th. Sanford C. Bernstein reiterated a “neutral” rating on shares of T-Mobile US in a report on Wednesday, April 22nd. Royal Bank Of Canada decreased their price target on T-Mobile US from $255.00 to $240.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Finally, Freedom Capital upgraded T-Mobile US from a “hold” rating to a “strong-buy” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus price target of $260.48.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TMUS. United Community Bank grew its stake in T-Mobile US by 131.1% in the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 59 shares during the period. JDM Financial Group LLC grew its stake in T-Mobile US by 114.0% in the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 65 shares during the period. Main Street Group LTD bought a new position in T-Mobile US in the 1st quarter valued at $25,000. Swiss RE Ltd. bought a new position in T-Mobile US in the 4th quarter valued at $29,000. Finally, Turning Point Benefit Group Inc. grew its stake in T-Mobile US by 3,825.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after purchasing an additional 153 shares during the period. Institutional investors own 42.49% of the company’s stock.

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.