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

T-Mobile US, Inc. (NASDAQ:TMUS) has received a consensus rating of “Moderate Buy” from the twenty-eight research firms that are presently covering the firm, Marketbeat Ratings reports. Ten equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $257.0870.

A number of analysts recently weighed in on TMUS shares. Argus cut their price target on shares of T-Mobile US from $275.00 to $245.00 and set a “buy” rating on the stock in a research report on Tuesday, December 9th. Morgan Stanley cut their target price on shares of T-Mobile US from $280.00 to $260.00 and set an “overweight” rating on the stock in a report on Wednesday, December 10th. Barclays boosted their price target on shares of T-Mobile US from $240.00 to $245.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Scotiabank lowered their price objective on shares of T-Mobile US from $270.50 to $266.00 and set a “sector outperform” rating for the company in a research report on Thursday, February 12th. Finally, Royal Bank Of Canada reduced their target price on T-Mobile US from $270.00 to $255.00 and set an “outperform” rating on the stock in a report on Friday, January 16th.

T-Mobile US Trading Up 2.1%

NASDAQ TMUS opened at $219.95 on Tuesday. T-Mobile US has a 12 month low of $181.36 and a 12 month high of $276.49. The stock has a 50-day simple moving average of $199.16 and a 200 day simple moving average of $217.70. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $242.35 billion, a PE ratio of 22.65, a P/E/G ratio of 1.38 and a beta of 0.44.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 27th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Friday, February 27th. T-Mobile US’s payout ratio is 42.02%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Letitia A. Long sold 1,457 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $210.32, for a total transaction of $306,436.24. Following the sale, the director directly owned 5,438 shares in the company, valued at approximately $1,143,720.16. This trade represents a 21.13% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Mark Wolfe Nelson sold 6,274 shares of T-Mobile US stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $219.69, for a total transaction of $1,378,335.06. Following the completion of the transaction, the insider directly owned 68,006 shares in the company, valued at approximately $14,940,238.14. The trade was a 8.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 674,971 shares of company stock worth $146,605,683 in the last quarter. Company insiders own 0.37% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

A number of large investors have recently added to or reduced their stakes in TMUS. Howard Hughes Medical Institute bought a new position in shares of T-Mobile US during the second quarter worth about $25,000. United Community Bank boosted its position in T-Mobile US by 131.1% during the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 59 shares during the last quarter. JDM Financial Group LLC boosted its position in T-Mobile US by 114.0% during the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 65 shares during the last quarter. Elevation Wealth Partners LLC boosted its position in T-Mobile US by 190.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 76 shares during the last quarter. Finally, Aspect Partners LLC grew its stake in shares of T-Mobile US by 112.1% during the 2nd quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock worth $29,000 after acquiring an additional 65 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

About T-Mobile US

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.