Deutsche Bank Aktiengesellschaft Raises T-Mobile US (NASDAQ:TMUS) Price Target to $200.00

T-Mobile US (NASDAQ:TMUS) had its target price raised by Deutsche Bank Aktiengesellschaft from $185.00 to $200.00 in a research report sent to investors on Thursday morning, Benzinga reports. They currently have a buy rating on the Wireless communications provider’s stock.

A number of other equities research analysts have also issued reports on the company. The Goldman Sachs Group started coverage on T-Mobile US in a research note on Monday, July 1st. They set a buy rating and a $200.00 price target for the company. StockNews.com lowered T-Mobile US from a buy rating to a hold rating in a research report on Tuesday, July 16th. Citigroup lifted their target price on T-Mobile US from $176.00 to $184.00 and gave the company a buy rating in a research report on Monday, March 25th. Oppenheimer reaffirmed an outperform rating and set a $190.00 target price on shares of T-Mobile US in a research report on Wednesday, April 3rd. Finally, Benchmark reaffirmed a buy rating and set a $200.00 target price on shares of T-Mobile US in a research report on Wednesday, May 29th. One analyst has rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of Buy and an average target price of $194.07.

T-Mobile US Price Performance

Shares of TMUS stock opened at $182.05 on Thursday. T-Mobile US has a 52-week low of $131.47 and a 52-week high of $185.42. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. The firm has a market capitalization of $213.34 billion, a P/E ratio of 24.77, a P/E/G ratio of 0.71 and a beta of 0.51. The stock has a 50 day moving average price of $174.79 and a 200 day moving average price of $166.93.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.17. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The firm had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. During the same period last year, the company earned $1.58 EPS. T-Mobile US’s quarterly revenue was down .2% compared to the same quarter last year. As a group, sell-side analysts predict that T-Mobile US will post 9.02 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Friday, August 30th will be paid a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a $2.60 annualized dividend and a yield of 1.43%. T-Mobile US’s dividend payout ratio (DPR) is 35.37%.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 189,670 shares of the business’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $162.43, for a total transaction of $30,808,098.10. Following the transaction, the director now directly owns 676,969,021 shares in the company, valued at approximately $109,960,078,081.03. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, Director Telekom Ag Deutsche sold 189,670 shares of the business’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $162.43, for a total transaction of $30,808,098.10. Following the transaction, the director now directly owns 676,969,021 shares in the company, valued at approximately $109,960,078,081.03. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Dara Bazzano sold 4,300 shares of the business’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $179.78, for a total value of $773,054.00. Following the transaction, the chief accounting officer now owns 6,202 shares in the company, valued at $1,114,995.56. The disclosure for this sale can be found here. Insiders have sold a total of 4,958,138 shares of company stock worth $839,667,790 in the last ninety days. 0.67% of the stock is owned by insiders.

Institutional Trading of T-Mobile US

Several large investors have recently added to or reduced their stakes in the company. China Universal Asset Management Co. Ltd. grew its stake in T-Mobile US by 31.6% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 7,046 shares of the Wireless communications provider’s stock valued at $1,241,000 after purchasing an additional 1,693 shares during the last quarter. Apollon Wealth Management LLC grew its stake in T-Mobile US by 11.3% during the 2nd quarter. Apollon Wealth Management LLC now owns 13,110 shares of the Wireless communications provider’s stock valued at $2,310,000 after purchasing an additional 1,330 shares during the last quarter. Platte River Wealth Advisors LLC purchased a new stake in T-Mobile US during the 2nd quarter valued at about $241,000. Nisa Investment Advisors LLC grew its stake in T-Mobile US by 26.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 178,038 shares of the Wireless communications provider’s stock valued at $31,367,000 after purchasing an additional 37,195 shares during the last quarter. Finally, Nvest Financial LLC grew its stake in T-Mobile US by 142.4% during the 2nd quarter. Nvest Financial LLC now owns 3,049 shares of the Wireless communications provider’s stock valued at $537,000 after purchasing an additional 1,791 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

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.