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

T-Mobile US, Inc. (NASDAQ:TMUS) has received a consensus recommendation of “Moderate Buy” from the twenty-eight research firms that are presently covering the company, Marketbeat Ratings reports. Ten research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $257.3043.

Several equities analysts recently weighed in on TMUS shares. Scotiabank cut their price objective on shares of T-Mobile US from $270.50 to $266.00 and set a “sector outperform” rating on the stock in a report on Thursday, February 12th. TD Cowen reduced their price target on T-Mobile US from $263.00 to $252.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of T-Mobile US in a report on Thursday, February 12th. Oppenheimer cut T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, November 21st. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $255.00 price target on shares of T-Mobile US in a research note on Thursday, February 12th.

Insiders Place Their Bets

In related news, Director Raul Marcelo Claure sold 550,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $217.57, for a total transaction of $119,663,500.00. Following the sale, the director owned 891,204 shares of the company’s stock, valued at approximately $193,899,254.28. This trade represents a 38.16% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Mark Wolfe Nelson sold 2,329 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $222.38, for a total value of $517,923.02. Following the completion of the transaction, the insider directly owned 65,677 shares of the company’s stock, valued at approximately $14,605,251.26. The trade was a 3.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 694,134 shares of company stock worth $150,847,799 over the last 90 days. 0.37% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On T-Mobile US

Large investors have recently made changes to their positions in the stock. Howard Hughes Medical Institute acquired a new stake in shares of T-Mobile US in the second quarter valued at approximately $25,000. United Community Bank increased its stake in T-Mobile US by 131.1% in the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 59 shares during the last quarter. JDM Financial Group LLC lifted 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 buying an additional 65 shares in the last quarter. Elevation Wealth Partners LLC boosted its stake in shares of 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 buying an additional 76 shares during the last quarter. Finally, Swiss RE Ltd. bought a new position in shares of T-Mobile US in the 4th quarter valued at about $29,000. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

T-Mobile US stock opened at $208.47 on Friday. The business’s 50-day simple moving average is $205.25 and its 200 day simple moving average is $213.32. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 1.45. The stock has a market cap of $229.70 billion, a price-to-earnings ratio of 21.47, a P/E/G ratio of 1.35 and a beta of 0.43. T-Mobile US has a 12-month low of $181.36 and a 12-month high of $272.60.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 29th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, May 29th. T-Mobile US’s dividend payout ratio (DPR) is currently 42.02%.

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.