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

T-Mobile US, Inc. (NASDAQ:TMUS) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-eight ratings firms that are presently covering the firm, MarketBeat reports. Ten investment 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 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $257.0870.

TMUS has been the topic of a number of recent research reports. KeyCorp raised T-Mobile US from an “underweight” rating to a “sector weight” rating in a research report on Tuesday, December 2nd. Benchmark restated a “buy” rating on shares of T-Mobile US in a research note on Thursday, February 12th. Morgan Stanley lowered their price target on T-Mobile US from $280.00 to $260.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 10th. Barclays increased their price objective on T-Mobile US from $240.00 to $245.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Finally, Tigress Financial raised their target price on shares of T-Mobile US from $305.00 to $310.00 and gave the company a “buy” rating in a research note on Tuesday, November 11th.

T-Mobile US Stock Up 2.1%

T-Mobile US stock opened at $219.95 on Tuesday. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45. T-Mobile US has a 1-year low of $181.36 and a 1-year high of $276.49. The company has a fifty day simple moving average of $199.16 and a 200 day simple moving average of $217.70. The company has a market cap of $242.35 billion, a P/E ratio of 22.65, a price-to-earnings-growth ratio of 1.38 and a beta of 0.44.

T-Mobile US Dividend Announcement

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 given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, February 27th. T-Mobile US’s dividend payout ratio (DPR) is 42.02%.

Insider Activity at T-Mobile US

In other news, CFO Peter Osvaldik sold 27,000 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $214.86, for a total value of $5,801,220.00. Following the sale, the chief financial officer directly owned 51,573 shares of the company’s stock, valued at approximately $11,080,974.78. This represents a 34.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Letitia A. Long sold 1,457 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $210.32, for a total transaction of $306,436.24. Following the completion of the sale, the director owned 5,438 shares of the company’s stock, valued at $1,143,720.16. This trade represents a 21.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 674,971 shares of company stock worth $146,605,683 over the last ninety days. Company insiders own 0.37% of the company’s stock.

Institutional Investors 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 acquired a new position in shares of T-Mobile US in the second quarter valued at $25,000. United Community Bank lifted its stake in shares of 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 buying an additional 59 shares during the last quarter. JDM Financial Group LLC boosted its holdings in shares of 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 during the period. Elevation Wealth Partners LLC grew its stake in T-Mobile US by 190.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 76 shares during the last quarter. Finally, Aspect Partners LLC grew its stake in T-Mobile US by 112.1% in the 2nd quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock valued at $29,000 after buying an additional 65 shares during the last quarter. Institutional investors 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.