T-Mobile US, Inc. (NASDAQ:TMUS) Receives Average Rating of “Moderate Buy” from Analysts

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have received a consensus rating of “Moderate Buy” from the thirty-one research firms that are currently covering the firm, Marketbeat Ratings reports. Thirteen analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $256.36.

Several research analysts have weighed in on TMUS shares. Scotiabank upped their price objective on shares of T-Mobile US from $271.50 to $278.00 and gave the company a “sector outperform” rating in a research note on Monday, October 6th. BNP Paribas Exane dropped their price target on shares of T-Mobile US from $300.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Citigroup cut their price objective on T-Mobile US from $268.00 to $220.00 and set a “neutral” rating for the company in a report on Friday, December 19th. HSBC raised T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 price objective for the company in a research report on Friday, October 24th. Finally, Wolfe Research cut their price target on T-Mobile US from $290.00 to $253.00 and set an “outperform” rating for the company in a research note on Monday, December 15th.

Insider Buying and Selling at T-Mobile US

In related news, Director Letitia A. Long sold 1,457 shares of the company’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $210.32, for a total value of $306,436.24. Following the completion of the sale, the director directly owned 5,438 shares in the company, valued at approximately $1,143,720.16. This represents a 21.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Michael J. Katz sold 2,500 shares of the stock in a transaction 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 in the company, valued at $33,725,789.73. The trade was a 1.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 51,457 shares of company stock worth $11,149,636. Company insiders own 0.37% of the company’s stock.

Institutional Trading of T-Mobile US

Large investors have recently made changes to their positions in the stock. Weaver Capital Management LLC boosted its position in T-Mobile US by 0.6% during the second quarter. Weaver Capital Management LLC now owns 6,737 shares of the Wireless communications provider’s stock worth $1,605,000 after purchasing an additional 42 shares during the period. Haven Private LLC raised its position in shares of T-Mobile US by 1.3% in the second quarter. Haven Private LLC now owns 3,186 shares of the Wireless communications provider’s stock valued at $759,000 after purchasing an additional 42 shares during the period. Richardson Financial Services Inc. lifted its stake in shares of T-Mobile US by 0.9% in the second quarter. Richardson Financial Services Inc. now owns 4,899 shares of the Wireless communications provider’s stock worth $1,183,000 after buying an additional 45 shares during the last quarter. Cetera Trust Company N.A grew its stake in T-Mobile US by 0.4% in the 2nd quarter. Cetera Trust Company N.A now owns 12,018 shares of the Wireless communications provider’s stock valued at $2,863,000 after buying an additional 45 shares during the last quarter. Finally, L2 Asset Management LLC raised its holdings in T-Mobile US by 2.2% in the 2nd quarter. L2 Asset Management LLC now owns 2,082 shares of the Wireless communications provider’s stock worth $496,000 after acquiring an additional 45 shares during the period. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Up 1.6%

NASDAQ:TMUS opened at $189.28 on Friday. The stock has a market cap of $211.71 billion, a PE ratio of 18.20, a price-to-earnings-growth ratio of 1.03 and a beta of 0.45. T-Mobile US has a fifty-two week low of $181.36 and a fifty-two week 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 stock’s 50-day moving average is $198.01 and its two-hundred day moving average is $221.27.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 27th will be paid a $1.02 dividend. The ex-dividend date is Friday, February 27th. This represents a $4.08 dividend on an annualized basis and a yield of 2.2%. T-Mobile US’s payout ratio is 39.23%.

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.