Analysts Set T-Mobile US, Inc. (NASDAQ:TMUS) Price Target at $266.17

T-Mobile US, Inc. (NASDAQ:TMUS) has received an average rating of “Moderate Buy” from the twenty-nine research firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation, sixteen have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $268.2174.

A number of analysts have recently commented on TMUS shares. Deutsche Bank Aktiengesellschaft boosted their price target on T-Mobile US from $280.00 to $300.00 in a research report on Thursday, October 2nd. Barclays dropped their price target on T-Mobile US from $250.00 to $240.00 and set an “overweight” rating on the stock in a research report on Friday. KeyCorp reissued an “underweight” rating and issued a $200.00 price target on shares of T-Mobile US in a research report on Wednesday, July 9th. Rothschild Redb raised T-Mobile US to a “hold” rating in a research report on Tuesday, September 30th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of T-Mobile US in a research report on Friday.

T-Mobile US Stock Performance

T-Mobile US stock opened at $217.77 on Wednesday. The stock’s 50 day simple moving average is $239.30 and its two-hundred day simple moving average is $240.52. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89. The stock has a market cap of $243.58 billion, a price-to-earnings ratio of 20.94, a PEG ratio of 1.48 and a beta of 0.59. T-Mobile US has a fifty-two week low of $208.39 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.01. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The business had revenue of $21.96 billion for the quarter, compared to analysts’ expectations of $21.61 billion. During the same period in the previous year, the firm posted $2.61 EPS. The business’s revenue was up 8.9% on a year-over-year basis. As a group, analysts expect that T-Mobile US will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Wednesday, November 26th. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. T-Mobile US’s dividend payout ratio (DPR) is presently 33.85%.

Insiders Place Their Bets

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the business’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $250.87, for a total value of $17,520,760.80. Following the completion of the transaction, the director directly owned 636,271,724 shares in the company, valued at $159,621,487,399.88. The trade was a 0.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last ninety days, insiders have sold 2,319,837 shares of company stock valued at $559,130,799. 0.37% of the stock is owned by insiders.

Hedge Funds Weigh In On T-Mobile US

A number of hedge funds have recently added to or reduced their stakes in TMUS. GAMMA Investing LLC raised its holdings in T-Mobile US by 10.2% in the 1st quarter. GAMMA Investing LLC now owns 11,449 shares of the Wireless communications provider’s stock worth $3,054,000 after acquiring an additional 1,059 shares during the last quarter. PFG Investments LLC raised its stake in T-Mobile US by 6.8% during the 1st quarter. PFG Investments LLC now owns 1,437 shares of the Wireless communications provider’s stock valued at $383,000 after buying an additional 92 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in T-Mobile US by 6.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 40,839 shares of the Wireless communications provider’s stock valued at $10,892,000 after buying an additional 2,649 shares during the last quarter. Asset Management One Co. Ltd. raised its stake in T-Mobile US by 3.5% during the 1st quarter. Asset Management One Co. Ltd. now owns 258,735 shares of the Wireless communications provider’s stock valued at $69,007,000 after buying an additional 8,790 shares during the last quarter. Finally, Legacy Advisors LLC raised its stake in T-Mobile US by 9.7% during the 1st quarter. Legacy Advisors LLC now owns 2,503 shares of the Wireless communications provider’s stock valued at $668,000 after buying an additional 221 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

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.