T-Mobile US, Inc. (NASDAQ:TMUS) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

T-Mobile US, Inc. (NASDAQ:TMUS) has earned a consensus rating of “Moderate Buy” from the thirty research firms that are presently covering the company, Marketbeat reports. Seven investment analysts have rated the stock with a hold recommendation, twenty-two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $260.48.

Several research analysts have recently issued reports on the stock. Citigroup upped their target price on shares of T-Mobile US from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. JPMorgan Chase & Co. decreased their target price on T-Mobile US from $300.00 to $275.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft cut their price target on T-Mobile US from $300.00 to $285.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. DZ Bank reaffirmed a “buy” rating on shares of T-Mobile US in a report on Wednesday, May 6th. Finally, KeyCorp upgraded shares of T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 price target for the company in a research note on Monday, April 13th.

T-Mobile US Stock Down 1.6%

Shares of NASDAQ TMUS opened at $185.22 on Friday. T-Mobile US has a 1 year low of $181.36 and a 1 year high of $261.56. The company has a market capitalization of $200.45 billion, a price-to-earnings ratio of 19.70, a price-to-earnings-growth ratio of 1.09 and a beta of 0.33. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. The business has a 50-day moving average of $201.37 and a two-hundred day moving average of $203.07.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.26. The firm had revenue of $23.11 billion during the quarter, compared to analysts’ expectations of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The firm’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.58 earnings per share. On average, analysts forecast that T-Mobile US will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be issued a $1.02 dividend. The ex-dividend date is Friday, May 29th. This represents a $4.08 annualized dividend and a yield of 2.2%. T-Mobile US’s dividend payout ratio (DPR) is presently 43.40%.

Insider Buying and Selling at T-Mobile US

In other news, CFO Peter Osvaldik sold 27,000 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total value of $5,801,220.00. Following the completion of the sale, the chief financial officer owned 51,573 shares in the company, valued at approximately $11,080,974.78. This trade represents a 34.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Andre Almeida bought 5,097 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average price of $196.18 per share, for a total transaction of $999,929.46. Following the completion of the acquisition, the insider owned 44,850 shares in the company, valued at approximately $8,798,673. This trade represents a 12.82% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders have sold 149,134 shares of company stock worth $32,163,349. Corporate insiders own 0.37% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

A number of institutional investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of T-Mobile US during the fourth quarter worth about $1,335,918,000. Price T Rowe Associates Inc. MD increased its holdings in T-Mobile US by 30.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 27,795,065 shares of the Wireless communications provider’s stock worth $5,643,511,000 after purchasing an additional 6,516,968 shares during the last quarter. Wellington Management Group LLP raised its position in shares of T-Mobile US by 47.5% in the 3rd quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock valued at $3,222,454,000 after purchasing an additional 4,335,368 shares in the last quarter. Dodge & Cox boosted its stake in shares of T-Mobile US by 65.2% during the 4th quarter. Dodge & Cox now owns 6,185,972 shares of the Wireless communications provider’s stock valued at $1,256,000,000 after buying an additional 2,442,450 shares during the last quarter. Finally, Viking Global Investors LP boosted its stake in shares of T-Mobile US by 81.7% during the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock valued at $677,925,000 after buying an additional 1,279,422 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.