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

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have been assigned a consensus rating of “Buy” from the fourteen brokerages that are covering the stock, MarketBeat Ratings reports. Thirteen analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $186.33.

Several equities analysts recently commented on the company. Tigress Financial boosted their price target on T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, February 8th. Citigroup boosted their price target on T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research report on Monday, March 25th. KeyCorp upped their target price on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. Morgan Stanley upped their target price on T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research report on Monday, January 29th. Finally, Raymond James upped their target price on T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a research report on Friday, January 26th.

Insider Activity

In other news, insider Callie R. Field sold 5,844 shares of the business’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the sale, the insider now directly owns 102,555 shares in the company, valued at approximately $17,274,364.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Telekom Ag Deutsche sold 194,910 shares of the company’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $163.85, for a total transaction of $31,936,003.50. Following the completion of the transaction, the director now directly owns 686,227,541 shares in the company, valued at approximately $112,438,382,592.85. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Callie R. Field sold 5,844 shares of the company’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the transaction, the insider now owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 6,835,010 shares of company stock worth $1,112,834,913. 0.67% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. OLD National Bancorp IN grew its stake in shares of T-Mobile US by 1.9% in the fourth quarter. OLD National Bancorp IN now owns 3,356 shares of the Wireless communications provider’s stock worth $538,000 after purchasing an additional 62 shares in the last quarter. Proficio Capital Partners LLC grew its stake in shares of T-Mobile US by 2.3% in the first quarter. Proficio Capital Partners LLC now owns 2,840 shares of the Wireless communications provider’s stock worth $464,000 after purchasing an additional 64 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in shares of T-Mobile US by 3.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,748 shares of the Wireless communications provider’s stock worth $280,000 after purchasing an additional 66 shares in the last quarter. Transatlantique Private Wealth LLC grew its stake in shares of T-Mobile US by 0.4% in the third quarter. Transatlantique Private Wealth LLC now owns 16,400 shares of the Wireless communications provider’s stock worth $2,296,000 after purchasing an additional 68 shares in the last quarter. Finally, Hohimer Wealth Management LLC grew its stake in shares of T-Mobile US by 0.9% in the third quarter. Hohimer Wealth Management LLC now owns 7,526 shares of the Wireless communications provider’s stock worth $1,054,000 after purchasing an additional 68 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Up 0.3 %

Shares of NASDAQ:TMUS opened at $164.36 on Wednesday. The stock has a 50-day simple moving average of $162.45 and a 200-day simple moving average of $159.81. The stock has a market capitalization of $192.61 billion, a P/E ratio of 22.36, a PEG ratio of 0.64 and a beta of 0.48. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. T-Mobile US has a 1 year low of $124.92 and a 1 year high of $168.64.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping the consensus estimate of $1.83 by $0.17. The firm had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. T-Mobile US’s revenue for the quarter was down .2% on a year-over-year basis. During the same period in the previous year, the company posted $1.58 EPS. Equities analysts forecast that T-Mobile US will post 9.02 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 Thursday, June 13th. Stockholders of record on Friday, May 31st will be issued a $0.65 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.58%. T-Mobile US’s dividend payout ratio (DPR) is 35.37%.

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.