T-Mobile US, Inc. (NASDAQ:TMUS) Given Average Recommendation of “Moderate Buy” by Brokerages

T-Mobile US, Inc. (NASDAQ:TMUS) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-six brokerages that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation, ten have given a buy recommendation and three have assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $262.2619.

TMUS has been the subject of a number of research reports. Wolfe Research cut their target price on shares of T-Mobile US from $300.00 to $290.00 and set an “outperform” rating for the company in a research note on Tuesday. Morgan Stanley lifted their price target on T-Mobile US from $265.00 to $285.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Arete Research raised T-Mobile US to a “strong-buy” rating in a report on Tuesday, July 8th. Rothschild & Co Redburn raised T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 target price for the company in a report on Monday, July 7th. Finally, The Goldman Sachs Group assumed coverage on T-Mobile US in a report on Tuesday, September 2nd. They set a “buy” rating and a $286.00 target price for the company.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 64,415 shares of T-Mobile US stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $238.11, for a total value of $15,337,855.65. Following the completion of the sale, the director directly owned 634,177,066 shares in the company, valued at approximately $151,003,901,185.26. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 2,520,207 shares of company stock valued at $608,126,659 in the last three months. 0.37% of the stock is currently owned by insiders.

Hedge Funds Weigh In On T-Mobile US

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TMUS. Activest Wealth Management grew its stake in T-Mobile US by 9,400.0% during the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 94 shares in the last quarter. Howard Hughes Medical Institute bought a new stake in shares of T-Mobile US during the 2nd quarter worth approximately $25,000. Godsey & Gibb Inc. lifted its holdings in shares of T-Mobile US by 139.5% during the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider’s stock worth $27,000 after acquiring an additional 60 shares during the period. Missouri Trust & Investment Co lifted its holdings in shares of T-Mobile US by 807.7% during the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 105 shares during the period. Finally, Stone House Investment Management LLC bought a new stake in shares of T-Mobile US during the 1st quarter worth approximately $29,000. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Stock Performance

TMUS opened at $233.26 on Friday. T-Mobile US has a 12-month low of $205.39 and a 12-month high of $276.49. The stock has a market cap of $262.52 billion, a price-to-earnings ratio of 22.01, a PEG ratio of 1.31 and a beta of 0.59. The business has a 50 day moving average of $245.18 and a 200-day moving average of $244.51. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The business had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same quarter last year, the firm posted $2.49 EPS. The company’s quarterly revenue was up 6.9% on a year-over-year basis. On average, equities research analysts expect that T-Mobile US will post 10.37 earnings per share for the current year.

T-Mobile US Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be given a $1.02 dividend. The ex-dividend date is Wednesday, November 26th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.7%. T-Mobile US’s dividend payout ratio (DPR) is presently 33.21%.

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.