Analysts Set T-Mobile US, Inc. (NASDAQ:TMUS) Price Target at $256.80

Shares of T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) have received a consensus rating of "Moderate Buy" from the twenty-three analysts that are currently covering the stock, MarketBeat.com reports. Eleven equities research analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $256.80.

Several equities analysts recently issued reports on the company. Barclays raised their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. UBS Group lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. HSBC lowered shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target on the stock. in a report on Wednesday, March 5th. Evercore ISI raised shares of T-Mobile US to a "strong-buy" rating in a research note on Thursday, January 23rd. Finally, Sanford C. Bernstein started coverage on T-Mobile US in a research note on Tuesday, December 10th. They issued a "market perform" rating and a $265.00 target price on the stock.

T-Mobile US Price Performance

NASDAQ TMUS traded down $19.78 on Friday, reaching $248.11. 7,947,288 shares of the company's stock traded hands, compared to its average volume of 4,194,725. The stock has a market cap of $283.28 billion, a PE ratio of 25.66, a P/E/G ratio of 1.55 and a beta of 0.63. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US has a 12 month low of $159.14 and a 12 month high of $276.49. The stock has a 50-day simple moving average of $257.41 and a 200 day simple moving average of $235.01.

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T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its 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 net margin of 13.93% and a return on equity of 18.09%. As a group, research analysts predict that T-Mobile US will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date is Friday, May 30th. T-Mobile US's payout ratio is 36.40%.

Insider Transactions at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction dated Wednesday, March 5th. The stock was 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 owns 3,291 shares of the company's stock, valued at $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.67% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Barclays PLC raised its holdings in T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock worth $653,160,000 after acquiring an additional 876,182 shares during the last quarter. Gladstone Institutional Advisory LLC bought a new position in shares of T-Mobile US during the fourth quarter valued at $1,552,000. Trust Co. of Vermont boosted its position in shares of T-Mobile US by 11.9% during the fourth quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider's stock valued at $5,954,000 after buying an additional 2,865 shares during the last quarter. Rice Partnership LLC bought a new stake in T-Mobile US in the 4th quarter worth about $7,678,000. Finally, Exchange Traded Concepts LLC raised its position in T-Mobile US by 737.8% in the 4th quarter. Exchange Traded Concepts LLC now owns 56,521 shares of the Wireless communications provider's stock worth $12,476,000 after buying an additional 49,775 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

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.