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

Shares of T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) have been given an average recommendation of "Moderate Buy" by the twenty-three ratings firms that are presently covering the firm, 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 target among brokerages that have issued a report on the stock in the last year is $256.80.

TMUS has been the topic of several research reports. JPMorgan Chase & Co. increased their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a report on Tuesday, March 18th. Bank of America boosted their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a research report on Thursday, January 30th. Oppenheimer boosted their price objective on T-Mobile US from $250.00 to $275.00 and gave the company an "outperform" rating in a report on Friday, January 31st. HSBC lowered T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price on the stock. in a report on Wednesday, March 5th. Finally, Sanford C. Bernstein assumed coverage on T-Mobile US in a research report on Tuesday, December 10th. They issued a "market perform" rating and a $265.00 price objective on the stock.

Insiders Place Their Bets

In related news, Director Srikant M. Datar sold 730 shares of the company's 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 sale, the director now owns 3,291 shares of the company's stock, valued at approximately $865,533. This represents a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.67% of the company's stock.

Hedge Funds Weigh In On T-Mobile US

Several institutional investors and hedge funds have recently bought and sold shares of TMUS. Ancora Advisors LLC increased its stake in T-Mobile US by 16.6% during the fourth quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock worth $57,000 after acquiring an additional 37 shares during the last quarter. Snowden Capital Advisors LLC increased its position in shares of T-Mobile US by 0.6% during the 4th quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock worth $1,411,000 after purchasing an additional 40 shares during the last quarter. Signaturefd LLC raised its holdings in T-Mobile US by 0.4% in the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock valued at $2,499,000 after buying an additional 41 shares during the period. Continuum Advisory LLC lifted its position in T-Mobile US by 0.7% in the fourth quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider's stock valued at $1,340,000 after buying an additional 43 shares during the last quarter. Finally, JSF Financial LLC boosted its stake in T-Mobile US by 0.9% during the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock worth $1,117,000 after buying an additional 44 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Stock Performance

TMUS stock traded up $8.60 during trading on Friday, reaching $254.90. The company had a trading volume of 8,588,440 shares, compared to its average volume of 4,239,516. 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 has a twelve month low of $159.14 and a twelve month high of $276.49. The company has a market cap of $291.03 billion, a price-to-earnings ratio of 26.36, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. The firm has a 50-day simple moving average of $259.49 and a 200-day simple moving average of $236.51.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (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, sell-side analysts expect 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. Investors of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.38%. T-Mobile US's payout ratio is 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.