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

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have received an average rating of “Moderate Buy” from the twenty-three ratings firms that are presently covering the stock, MarketBeat Ratings reports. Ten investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $254.80.

Several research firms recently issued reports on TMUS. Hsbc Global Res cut shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Oppenheimer boosted their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. JPMorgan Chase & Co. increased their target price on T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Bank of America boosted their price target on T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday, January 30th. Finally, Morgan Stanley started coverage on T-Mobile US in a report on Monday, December 16th. They issued an “overweight” rating and a $280.00 price objective on the stock.

T-Mobile US Trading Down 1.2 %

Shares of TMUS opened at $255.98 on Tuesday. T-Mobile US has a fifty-two week low of $158.84 and a fifty-two week high of $276.49. The company has a market capitalization of $292.26 billion, a PE ratio of 26.47, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. The stock has a fifty day moving average of $243.67 and a two-hundred day moving average of $228.51. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91.

T-Mobile US (NASDAQ:TMUS) last released its 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%. As a group, analysts forecast that T-Mobile US will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.38%. T-Mobile US’s payout ratio is 36.40%.

Insider Activity

In other news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the transaction, the director now directly owns 3,291 shares of the company’s stock, valued at approximately $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.67% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

Large investors have recently bought and sold shares of the business. Centaurus Financial Inc. raised its position in shares of T-Mobile US by 3.9% during the 4th quarter. Centaurus Financial Inc. now owns 6,347 shares of the Wireless communications provider’s stock worth $1,401,000 after purchasing an additional 239 shares during the period. Old North State Trust LLC increased its position in T-Mobile US by 9.2% in the fourth quarter. Old North State Trust LLC now owns 3,972 shares of the Wireless communications provider’s stock worth $877,000 after buying an additional 335 shares during the period. Dogwood Wealth Management LLC lifted its stake in T-Mobile US by 8.4% in the fourth quarter. Dogwood Wealth Management LLC now owns 2,760 shares of the Wireless communications provider’s stock valued at $609,000 after buying an additional 215 shares during the last quarter. Siemens Fonds Invest GmbH boosted its holdings in shares of T-Mobile US by 28.7% during the fourth quarter. Siemens Fonds Invest GmbH now owns 42,156 shares of the Wireless communications provider’s stock valued at $9,305,000 after acquiring an additional 9,411 shares during the period. Finally, Park Square Financial Group LLC bought a new position in shares of T-Mobile US during the fourth quarter worth about $186,000. Institutional investors own 42.49% of the company’s stock.

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.