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

T-Mobile US, Inc. (NASDAQ:TMUS) was the recipient of unusually large options trading activity on Wednesday. Stock traders purchased 12,670 call options on the stock. This is an increase of approximately 46% compared to the average volume of 8,666 call options.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on TMUS shares. KeyCorp lowered T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 target price on the stock. in a research report on Thursday, December 12th. Barclays increased their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Sanford C. Bernstein assumed coverage on shares of T-Mobile US in a report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price objective for the company. Morgan Stanley assumed coverage on shares of T-Mobile US in a research note on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price on the stock. Finally, Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Eleven analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, T-Mobile US currently has a consensus rating of “Moderate Buy” and a consensus price target of $256.80.

T-Mobile US Trading Up 2.2 %

Shares of NASDAQ:TMUS opened at $268.28 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The company’s 50-day moving average price is $252.00 and its 200 day moving average price is $232.15. The company has a market cap of $306.31 billion, a PE ratio of 27.74, a P/E/G ratio of 1.55 and a beta of 0.64. T-Mobile US has a fifty-two week low of $159.14 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Sell-side analysts anticipate that T-Mobile US will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.31%. T-Mobile US’s payout ratio is 36.40%.

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the transaction, the director now owns 3,291 shares in the company, valued at approximately $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.67% of the stock is currently owned by insiders.

Institutional Investors Weigh In On T-Mobile US

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. lifted its stake in shares of T-Mobile US by 2.5% in the 3rd quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider’s stock worth $408,297,000 after acquiring an additional 47,350 shares during the period. Fisher Asset Management LLC lifted its position in T-Mobile US by 139.5% in the third quarter. Fisher Asset Management LLC now owns 4,029 shares of the Wireless communications provider’s stock worth $831,000 after purchasing an additional 2,347 shares during the period. Brown Brothers Harriman & Co. lifted its position in T-Mobile US by 64.1% in the third quarter. Brown Brothers Harriman & Co. now owns 6,315 shares of the Wireless communications provider’s stock worth $1,303,000 after purchasing an additional 2,467 shares during the period. Bank of Montreal Can boosted its stake in T-Mobile US by 5.6% during the 3rd quarter. Bank of Montreal Can now owns 1,069,371 shares of the Wireless communications provider’s stock valued at $219,414,000 after purchasing an additional 56,493 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in shares of T-Mobile US by 1.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 730,061 shares of the Wireless communications provider’s stock worth $150,655,000 after buying an additional 6,885 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

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.