Traders Buy High Volume of Call Options on T-Mobile US (NASDAQ:TMUS)

T-Mobile US, Inc. (NASDAQ:TMUS) was the recipient of unusually large options trading activity on Wednesday. Investors acquired 17,264 call options on the company. This is an increase of 137% compared to the typical volume of 7,292 call options.

Insider Buying and Selling

In other T-Mobile US news, EVP Nestor Cano sold 11,100 shares of the business’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $230.75, for a total value of $2,561,325.00. Following the transaction, the executive vice president now owns 4,400 shares in the company, valued at $1,015,300. The trade was a 71.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Andre Almeida bought 3,808 shares of the stock in a transaction dated Monday, December 9th. The shares were acquired at an average price of $235.72 per share, with a total value of $897,621.76. Following the completion of the purchase, the director now directly owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders sold 144,200 shares of company stock valued at $32,736,303. Company insiders own 0.67% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. FMR LLC raised its position in shares of T-Mobile US by 13.4% during the third quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock worth $2,660,758,000 after purchasing an additional 1,522,394 shares during the period. Barclays PLC increased its stake in T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after purchasing an additional 876,182 shares in the last quarter. Wellington Management Group LLP raised its holdings in T-Mobile US by 4.0% during the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock worth $3,203,642,000 after buying an additional 602,786 shares during the period. Franklin Resources Inc. lifted its stake in T-Mobile US by 9.9% during the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock valued at $1,448,426,000 after buying an additional 590,711 shares in the last quarter. Finally, Nordea Investment Management AB boosted its holdings in shares of T-Mobile US by 36.9% in the fourth quarter. Nordea Investment Management AB now owns 1,473,540 shares of the Wireless communications provider’s stock worth $324,960,000 after buying an additional 397,345 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Price Performance

TMUS traded up $19.28 during trading on Wednesday, reaching $240.42. The stock had a trading volume of 3,355,893 shares, compared to its average volume of 3,692,500. T-Mobile US has a 1-year low of $158.84 and a 1-year high of $248.15. The firm has a market capitalization of $279.00 billion, a price-to-earnings ratio of 27.38, a price-to-earnings-growth ratio of 1.08 and a beta of 0.56. The stock has a 50 day moving average of $226.37 and a two-hundred day moving average of $212.66. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. As a group, equities analysts anticipate that T-Mobile US will post 9.3 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be issued a $0.88 dividend. The ex-dividend date is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.46%. T-Mobile US’s payout ratio is currently 40.14%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Bank of America lifted their price objective on T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. UBS Group upped their target price on shares of T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. KeyCorp downgraded T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price target for the company. in a research note on Thursday, December 12th. Daiwa America upgraded T-Mobile US to a “hold” rating in a research note on Friday, October 25th. Finally, Barclays lifted their target price on T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $245.74.

About T-Mobile US

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.