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

T-Mobile US, Inc. (NASDAQ:TMUS) has been assigned a consensus rating of “Moderate Buy” from the twenty-eight analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating, eleven have given a buy rating and three have given a strong buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $262.50.

Several equities research analysts have recently issued reports on the company. Moffett Nathanson raised their price objective on T-Mobile US from $210.00 to $230.00 and gave the company a “neutral” rating in a research note on Thursday. Bank of America began coverage on T-Mobile US in a research report on Monday, July 7th. They set a “neutral” rating and a $255.00 target price for the company. Redburn Atlantic upgraded T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 target price for the company in a research report on Monday, July 7th. Morgan Stanley boosted their target price on T-Mobile US from $265.00 to $285.00 and gave the company an “overweight” rating in a research report on Thursday, July 24th. Finally, KeyCorp restated an “underweight” rating and set a $200.00 target price on shares of T-Mobile US in a research report on Wednesday, July 9th.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $230.27 on Friday. The firm has a market capitalization of $259.15 billion, a price-to-earnings ratio of 21.72, a PEG ratio of 1.27 and a beta of 0.59. T-Mobile US has a 1 year low of $206.18 and a 1 year high of $276.49. The business has a 50 day simple moving average of $244.56 and a 200-day simple moving average of $244.10. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data 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. The business had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The company’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period last year, the company earned $2.49 EPS. Equities analysts forecast that T-Mobile US will post 10.37 EPS for the current year.

T-Mobile US Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 1.8%. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date is Wednesday, November 26th. T-Mobile US’s dividend payout ratio (DPR) is presently 38.49%.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the business’s stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $238.08, for a total value of $16,627,507.20. Following the completion of the sale, the director owned 647,660,844 shares in the company, valued at approximately $154,195,093,739.52. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 2,584,633 shares of company stock worth $623,559,263 in the last ninety days. 0.37% of the stock is owned by insiders.

Institutional Trading of T-Mobile US

A number of large investors have recently modified their holdings of TMUS. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of T-Mobile US by 12.4% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,774 shares of the Wireless communications provider’s stock valued at $473,000 after purchasing an additional 196 shares during the period. Versant Capital Management Inc raised its stake in T-Mobile US by 162.0% in the first quarter. Versant Capital Management Inc now owns 964 shares of the Wireless communications provider’s stock worth $257,000 after buying an additional 596 shares in the last quarter. Moody National Bank Trust Division lifted its holdings in T-Mobile US by 4.6% during the first quarter. Moody National Bank Trust Division now owns 5,850 shares of the Wireless communications provider’s stock worth $1,560,000 after buying an additional 257 shares during the period. GAMMA Investing LLC lifted its holdings in T-Mobile US by 29,289.4% during the first quarter. GAMMA Investing LLC now owns 3,053,563 shares of the Wireless communications provider’s stock worth $814,416,000 after buying an additional 3,043,173 shares during the period. Finally, GoalVest Advisory LLC lifted its holdings in T-Mobile US by 57.6% during the first quarter. GoalVest Advisory LLC now owns 969 shares of the Wireless communications provider’s stock worth $258,000 after buying an additional 354 shares during the period. Hedge funds and other 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.