T-Mobile US’s (TMUS) Neutral Rating Reaffirmed at Sanford C. Bernstein

Sanford C. Bernstein reaffirmed their neutral rating on shares of T-Mobile US (NASDAQ:TMUS) in a report published on Monday morning,MarketScreener reports.

TMUS has been the subject of a number of other research reports. HSBC raised shares of T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 target price for the company in a research report on Friday, October 24th. UBS Group reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Wednesday, December 10th. Oppenheimer cut T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, November 21st. Citigroup dropped their target price on T-Mobile US from $268.00 to $220.00 and set a “neutral” rating on the stock in a research note on Friday. Finally, Barclays reduced their target price on T-Mobile US from $250.00 to $240.00 and set an “overweight” rating on the stock in a research report on Friday, October 24th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.17.

T-Mobile US Price Performance

Shares of TMUS stock opened at $195.76 on Monday. The stock’s 50-day moving average is $210.28 and its 200 day moving average is $228.65. T-Mobile US has a 1-year low of $194.01 and a 1-year high of $276.49. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 0.80. The company has a market cap of $218.96 billion, a P/E ratio of 18.82, a PEG ratio of 1.27 and a beta of 0.44.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.01. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The business had revenue of $21.96 billion during the quarter, compared to the consensus estimate of $21.61 billion. During the same period in the previous year, the company posted $2.61 earnings per share. The firm’s revenue was up 8.9% on a year-over-year basis. Research analysts predict that T-Mobile US will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 27th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, February 27th. T-Mobile US’s dividend payout ratio (DPR) is presently 39.23%.

Insider Transactions at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 1,374 shares of the stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $220.46, for a total value of $302,912.04. Following the transaction, the director owned 582,065,875 shares in the company, valued at approximately $128,322,242,802.50. This represents a 0.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael J. Katz sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $215.91, for a total transaction of $539,775.00. Following the transaction, the insider directly owned 156,203 shares of the company’s stock, valued at $33,725,789.73. This represents a 1.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 979,442 shares of company stock valued at $223,402,816 over the last quarter. Company insiders own 0.37% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

Institutional investors and hedge funds have recently modified their holdings of the stock. AIA Group Ltd raised its position in T-Mobile US by 127.2% during the third quarter. AIA Group Ltd now owns 22,131 shares of the Wireless communications provider’s stock valued at $5,298,000 after acquiring an additional 12,392 shares in the last quarter. Lindenwold Advisors INC boosted its position in T-Mobile US by 1.2% in the 3rd quarter. Lindenwold Advisors INC now owns 7,975 shares of the Wireless communications provider’s stock worth $1,909,000 after purchasing an additional 94 shares in the last quarter. IFP Advisors Inc grew its stake in shares of T-Mobile US by 1.9% during the 3rd quarter. IFP Advisors Inc now owns 15,591 shares of the Wireless communications provider’s stock worth $3,826,000 after purchasing an additional 296 shares during the period. Tevis Investment Management increased its holdings in shares of T-Mobile US by 3.0% during the 3rd quarter. Tevis Investment Management now owns 1,688 shares of the Wireless communications provider’s stock valued at $404,000 after purchasing an additional 49 shares in the last quarter. Finally, Polar Asset Management Partners Inc. boosted its holdings in T-Mobile US by 84.3% during the third quarter. Polar Asset Management Partners Inc. now owns 102,261 shares of the Wireless communications provider’s stock worth $24,479,000 after buying an additional 46,761 shares in 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.