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

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have earned an average recommendation of “Buy” from the seventeen brokerages that are presently covering the stock, MarketBeat.com reports. Fifteen analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $196.75.

A number of equities analysts have recently weighed in on TMUS shares. Benchmark lifted their price target on shares of T-Mobile US from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday. Scotiabank raised their price objective on shares of T-Mobile US from $194.50 to $197.00 and gave the stock a “sector outperform” rating in a report on Thursday. TD Cowen raised their price objective on shares of T-Mobile US from $202.00 to $216.00 and gave the stock a “buy” rating in a report on Thursday. Sanford C. Bernstein upgraded shares of T-Mobile US to a “strong-buy” rating in a report on Wednesday. Finally, KeyCorp raised their price objective on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, April 26th.

Insider Transactions at T-Mobile US

In other news, insider Jon Freier sold 20,000 shares of the business’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $164.38, for a total transaction of $3,287,600.00. Following the transaction, the insider now directly owns 172,628 shares in the company, valued at approximately $28,376,590.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Michael J. Katz sold 3,000 shares of the company’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $177.59, for a total value of $532,770.00. Following the transaction, the insider now owns 122,687 shares in the company, valued at approximately $21,787,984.33. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Jon Freier sold 20,000 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $164.38, for a total transaction of $3,287,600.00. Following the completion of the transaction, the insider now owns 172,628 shares in the company, valued at approximately $28,376,590.64. The disclosure for this sale can be found here. Insiders have sold 4,019,788 shares of company stock worth $685,706,726 in the last ninety days. Insiders own 0.67% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of TMUS. Global Retirement Partners LLC grew its position in shares of T-Mobile US by 74.0% during the 4th quarter. Global Retirement Partners LLC now owns 5,295 shares of the Wireless communications provider’s stock worth $864,000 after purchasing an additional 2,252 shares in the last quarter. Pinnacle Associates Ltd. grew its position in shares of T-Mobile US by 0.5% during the 4th quarter. Pinnacle Associates Ltd. now owns 24,494 shares of the Wireless communications provider’s stock worth $3,927,000 after purchasing an additional 128 shares in the last quarter. Fifth Third Bancorp grew its position in shares of T-Mobile US by 17.6% during the 4th quarter. Fifth Third Bancorp now owns 206,075 shares of the Wireless communications provider’s stock worth $33,040,000 after purchasing an additional 30,819 shares in the last quarter. Bensler LLC acquired a new position in shares of T-Mobile US during the 4th quarter worth approximately $213,000. Finally, PFG Private Wealth Management LLC grew its position in shares of T-Mobile US by 464.3% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,202 shares of the Wireless communications provider’s stock worth $193,000 after purchasing an additional 989 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Trading Up 0.9 %

Shares of NASDAQ TMUS opened at $188.76 on Monday. The company’s fifty day moving average is $177.82 and its 200-day moving average is $168.01. The stock has a market cap of $221.20 billion, a price-to-earnings ratio of 25.68, a P/E/G ratio of 0.74 and a beta of 0.51. T-Mobile US has a twelve month low of $131.47 and a twelve month high of $193.77. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 1.25.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.22. The company had revenue of $19.77 billion for the quarter, compared to analysts’ expectations of $19.61 billion. T-Mobile US had a net margin of 11.95% and a return on equity of 14.81%. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period last year, the firm posted $1.86 earnings per share. Equities research analysts predict that T-Mobile US will post 8.99 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be paid a dividend of $0.65 per share. The ex-dividend date is Friday, August 30th. This represents a $2.60 annualized dividend and a dividend yield of 1.38%. T-Mobile US’s dividend payout ratio is presently 35.37%.

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.