T-Mobile US, Inc. (NASDAQ:TMUS) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) have earned a consensus rating of "Moderate Buy" from the twenty-one research firms that are covering the stock, MarketBeat reports. Seven analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $251.79.

TMUS has been the subject of a number of recent research reports. Raymond James downgraded T-Mobile US from an "outperform" rating to a "market perform" rating in a research report on Friday, October 25th. TD Cowen raised their target price on T-Mobile US from $216.00 to $250.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Scotiabank raised their target price on T-Mobile US from $234.00 to $247.00 and gave the stock a "sector perform" rating in a research report on Thursday, January 30th. Morgan Stanley initiated coverage on T-Mobile US in a research report on Monday, December 16th. They issued an "overweight" rating and a $280.00 target price for the company. Finally, JPMorgan Chase & Co. raised 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.

Insiders Place Their Bets

In other news, Director Andre Almeida purchased 3,808 shares of the company's stock in a transaction on Monday, December 9th. The stock was purchased at an average price of $235.72 per share, with a total value of $897,621.76. Following the completion of the purchase, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the sale, the director now directly owns 5,021 shares of the company's stock, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,100 shares of company stock valued at $747,378 over the last 90 days. Insiders own 0.67% of the company's stock.

Institutional Investors Weigh In On T-Mobile US

A number of hedge funds and other institutional investors have recently modified their holdings of TMUS. Norges Bank bought a new stake in shares of T-Mobile US in the 4th quarter valued at about $1,802,393,000. Canada Pension Plan Investment Board lifted its stake in shares of T-Mobile US by 85.5% in the 4th quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider's stock valued at $1,329,919,000 after acquiring an additional 2,777,657 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of T-Mobile US in the 4th quarter valued at about $452,721,000. Capital International Investors lifted its stake in shares of T-Mobile US by 36.2% in the 4th quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider's stock valued at $1,440,424,000 after acquiring an additional 1,734,998 shares during the last quarter. Finally, FMR LLC lifted its stake in shares of T-Mobile US by 13.4% in the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider's stock valued at $2,660,758,000 after acquiring an additional 1,522,394 shares during the last quarter. Institutional investors own 42.49% of the company's stock.

T-Mobile US Stock Performance

T-Mobile US stock traded up $5.74 during mid-day trading on Friday, reaching $270.82. 4,835,114 shares of the company's stock were exchanged, compared to its average volume of 3,682,888. The business's fifty day simple moving average is $227.66 and its 200 day simple moving average is $218.93. The firm has a market capitalization of $309.21 billion, a PE ratio of 28.01, a P/E/G ratio of 1.44 and a beta of 0.56. T-Mobile US has a one year low of $158.84 and a one year high of $271.41. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts' consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, sell-side analysts expect that T-Mobile US will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's dividend payout ratio (DPR) is currently 36.40%.

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.