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

T-Mobile US, Inc. (NASDAQ:TMUS) has been assigned an average recommendation of “Buy” from the fourteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Thirteen analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $185.93.

TMUS has been the subject of a number of analyst reports. Benchmark reissued a “buy” rating and issued a $200.00 price objective on shares of T-Mobile US in a report on Friday, January 26th. Tigress Financial increased their target price on shares of T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. Wells Fargo & Company increased their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, January 22nd. KeyCorp lowered their target price on shares of T-Mobile US from $183.00 to $175.00 and set an “overweight” rating for the company in a research note on Friday, January 26th. Finally, Raymond James increased their price target on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th.

T-Mobile US Price Performance

T-Mobile US stock opened at $162.33 on Friday. T-Mobile US has a 52-week low of $124.92 and a 52-week high of $168.64. The firm has a market capitalization of $192.66 billion, a price-to-earnings ratio of 23.42, a PEG ratio of 0.65 and a beta of 0.49. The company has a fifty day simple moving average of $162.28 and a 200-day simple moving average of $156.10. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The business had revenue of $20.48 billion for the quarter, compared to analysts’ expectations of $19.67 billion. During the same period in the previous year, the company earned $1.18 EPS. T-Mobile US’s quarterly revenue was up 1.0% compared to the same quarter last year. On average, equities analysts anticipate that T-Mobile US will post 8.95 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is currently 37.52%.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock in a transaction on Wednesday, April 17th. The stock was sold at an average price of $159.98, for a total transaction of $27,309,065.94. Following the completion of the transaction, the director now owns 679,434,731 shares of the company’s stock, valued at approximately $108,695,968,265.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, Director Telekom Ag Deutsche sold 170,703 shares of the business’s stock in a transaction dated Wednesday, April 17th. The shares were sold at an average price of $159.98, for a total value of $27,309,065.94. Following the completion of the transaction, the director now owns 679,434,731 shares of the company’s stock, valued at approximately $108,695,968,265.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Callie R. Field sold 5,844 shares of the stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total transaction of $984,363.36. Following the sale, the insider now directly owns 102,555 shares of the company’s stock, valued at approximately $17,274,364.20. The disclosure for this sale can be found here. Over the last quarter, insiders sold 6,006,369 shares of company stock valued at $974,765,696. 0.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On T-Mobile US

Several institutional investors and hedge funds have recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. lifted its stake in T-Mobile US by 21.7% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,011,991 shares of the Wireless communications provider’s stock worth $129,888,000 after purchasing an additional 180,468 shares during the last quarter. Sei Investments Co. lifted its stake in T-Mobile US by 50.6% during the first quarter. Sei Investments Co. now owns 230,598 shares of the Wireless communications provider’s stock worth $29,603,000 after purchasing an additional 77,518 shares during the last quarter. Prudential PLC bought a new position in T-Mobile US during the first quarter worth $1,649,000. Cetera Investment Advisers lifted its stake in T-Mobile US by 12.2% in the first quarter. Cetera Investment Advisers now owns 23,619 shares of the Wireless communications provider’s stock valued at $3,031,000 after buying an additional 2,574 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its stake in T-Mobile US by 105.7% in the first quarter. Sequoia Financial Advisors LLC now owns 3,796 shares of the Wireless communications provider’s stock valued at $487,000 after buying an additional 1,951 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.