Investors 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. Stock investors acquired 12,670 call options on the company. This represents an increase of approximately 46% compared to the average daily volume of 8,666 call options.

Analyst Upgrades and Downgrades

TMUS has been the topic of a number of recent research reports. Hsbc Global Res lowered T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. Bank of America boosted their price objective on shares of T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. Barclays raised their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Royal Bank of Canada boosted their price target on shares of T-Mobile US from $245.00 to $260.00 and gave the stock a “sector perform” rating in a research note on Friday, March 21st. Finally, JPMorgan Chase & Co. raised their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the company an “overweight” rating in a research report on Tuesday, March 18th. 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $255.80.

T-Mobile US Price Performance

TMUS stock opened at $262.51 on Thursday. The stock has a market capitalization of $299.72 billion, a price-to-earnings ratio of 27.15, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. The stock’s fifty day simple moving average is $250.95 and its 200-day simple moving average is $231.90. T-Mobile US has a 52-week low of $159.14 and a 52-week high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Equities research analysts expect that T-Mobile US will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio is currently 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 $865,533. The trade was a 18.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.67% of the stock is owned by company insiders.

Hedge Funds Weigh In On T-Mobile US

Hedge funds have recently made changes to their positions in the stock. Ancora Advisors LLC boosted its holdings in T-Mobile US by 16.6% in the fourth quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider’s stock valued at $57,000 after acquiring an additional 37 shares during the last quarter. Snowden Capital Advisors LLC lifted its position in T-Mobile US by 0.6% during the fourth quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider’s stock valued at $1,411,000 after buying an additional 40 shares in the last quarter. Signaturefd LLC grew its stake in T-Mobile US by 0.4% during the fourth quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider’s stock worth $2,499,000 after buying an additional 41 shares during the period. Continuum Advisory LLC increased its position in shares of T-Mobile US by 0.7% in the fourth quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider’s stock worth $1,340,000 after acquiring an additional 43 shares in the last quarter. Finally, JSF Financial LLC raised its position in T-Mobile US by 0.9% in the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock valued at $1,117,000 after purchasing an additional 44 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

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.