T-Mobile US, Inc. (NASDAQ:TMUS) Given Consensus Rating of “Moderate Buy” by Analysts

T-Mobile US, Inc. (NASDAQ:TMUS) has earned an average recommendation of “Moderate Buy” from the twenty-one research firms that are presently covering the firm, MarketBeat reports. Seven analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $245.74.

TMUS has been the topic of a number of recent analyst reports. Benchmark increased their price objective on T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. The Goldman Sachs Group lifted their price target on T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Barclays upped their price objective on shares of T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. TD Cowen lifted their target price on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Finally, JPMorgan Chase & Co. increased their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th.

T-Mobile US Price Performance

TMUS opened at $218.97 on Monday. The firm has a 50-day moving average price of $228.93 and a 200-day moving average price of $210.47. 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 has a twelve month low of $158.84 and a twelve month high of $248.15. The company has a market capitalization of $254.11 billion, a price-to-earnings ratio of 24.97, a PEG ratio of 1.05 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm had revenue of $20.16 billion for the quarter, compared to analysts’ expectations of $20.01 billion. During the same period in the prior year, the business posted $1.82 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. Equities analysts expect that T-Mobile US will post 9.31 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.88 per share. The ex-dividend date is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.61%. T-Mobile US’s dividend payout ratio is currently 40.14%.

Insider Buying and Selling

In other news, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $237.73, for a total value of $4,754,600.00. Following the completion of the sale, the chief executive officer now directly owns 378,124 shares of the company’s stock, valued at approximately $89,891,418.52. This trade represents a 5.02 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Andre Almeida bought 3,808 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were bought at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the purchase, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders have sold 164,200 shares of company stock valued at $37,407,303 over the last ninety days. 0.67% of the stock is owned by insiders.

Institutional Trading of T-Mobile US

Several institutional investors and hedge funds have recently bought and sold shares of the stock. FMR LLC raised its position in shares of T-Mobile US by 13.4% in the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock worth $2,660,758,000 after acquiring an additional 1,522,394 shares in the last quarter. Barclays PLC raised its holdings in T-Mobile US by 38.3% in the third 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 lifted its position in T-Mobile US by 4.0% during the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock valued at $3,203,642,000 after buying an additional 602,786 shares during the period. Franklin Resources Inc. boosted its holdings in shares of T-Mobile US by 9.9% during the 3rd 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 grew its position in shares of T-Mobile US by 36.9% in the 4th 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. 42.49% of the stock is currently owned by hedge funds and other 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.