T-Mobile US, Inc. (NASDAQ:TMUS) Given Average Rating of "Moderate Buy" by Brokerages

Shares of T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) have been assigned an average rating of "Moderate Buy" from the twenty-six analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation, ten have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $252.61.

Several brokerages recently issued reports on TMUS. Bank of America began coverage on T-Mobile US in a research note on Monday, July 7th. They set a "neutral" rating and a $255.00 price target on the stock. Redburn Atlantic upgraded T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 price target on the stock in a research note on Monday, July 7th. Rothschild & Co Redburn upgraded T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price target on the stock in a research note on Monday, July 7th. UBS Group lowered T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Finally, KeyCorp reiterated an "underweight" rating and issued a $200.00 price objective on shares of T-Mobile US in a research note on Wednesday, July 9th.

Insider Transactions at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $227.55, for a total transaction of $15,892,092.00. Following the transaction, the director owned 647,381,484 shares in the company, valued at approximately $147,311,656,684.20. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 907,470 shares of company stock valued at $209,055,386 in the last 90 days. 0.37% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On T-Mobile US

A number of hedge funds have recently added to or reduced their stakes in TMUS. Burling Wealth Partners LLC acquired a new position in T-Mobile US in the 4th quarter worth about $2,539,000. Mizuho Securities USA LLC raised its position in T-Mobile US by 45.4% in the fourth quarter. Mizuho Securities USA LLC now owns 46,195 shares of the Wireless communications provider's stock valued at $10,197,000 after purchasing an additional 14,418 shares during the last quarter. Advisor Resource Council bought a new position in T-Mobile US in the first quarter valued at about $463,000. Westpac Banking Corp raised its position in T-Mobile US by 25.4% in the fourth quarter. Westpac Banking Corp now owns 10,439 shares of the Wireless communications provider's stock valued at $2,304,000 after purchasing an additional 2,113 shares during the last quarter. Finally, Keystone Investors PTE Ltd. bought a new position in T-Mobile US in the fourth quarter valued at about $259,000. Institutional investors own 42.49% of the company's stock.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $227.76 on Monday. T-Mobile US has a 1-year low of $173.74 and a 1-year high of $276.49. The company has a current ratio of 1.16, a quick ratio of 1.08 and a debt-to-equity ratio of 1.35. The company has a market capitalization of $258.61 billion, a price-to-earnings ratio of 22.22, a P/E/G ratio of 1.27 and a beta of 0.62. The stock's fifty day simple moving average is $237.45 and its 200-day simple moving average is $243.82.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.48 by $0.10. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The firm had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.67 billion. During the same quarter last year, the firm earned $2.00 earnings per share. The business's revenue for the quarter was up 6.6% on a year-over-year basis. On average, sell-side analysts predict that T-Mobile US will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 annualized dividend and a yield of 1.55%. T-Mobile US's dividend payout ratio is 34.34%.

T-Mobile US Company Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.

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