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

T-Mobile US, Inc. (NASDAQ:TMUS) has been assigned a consensus recommendation of “Moderate Buy” from the thirty-one analysts that are currently covering the firm, Marketbeat.com reports. Thirteen equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $256.36.

TMUS has been the subject of a number of research analyst reports. BNP Paribas Exane cut their price target on T-Mobile US from $300.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, January 16th. Wolfe Research dropped their target price on shares of T-Mobile US from $290.00 to $253.00 and set an “outperform” rating on the stock in a research report on Monday, December 15th. Zacks Research raised shares of T-Mobile US from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft raised their price target on shares of T-Mobile US from $280.00 to $300.00 in a research report on Thursday, October 2nd. Finally, Williams Trading set a $263.00 price objective on shares of T-Mobile US in a research report on Friday, October 24th.

Insider Transactions at T-Mobile US

In other news, CEO Srini Gopalan bought 9,800 shares of T-Mobile US stock in a transaction that occurred on Thursday, November 6th. The stock was purchased at an average cost of $201.82 per share, with a total value of $1,977,836.00. Following the completion of the transaction, the chief executive officer directly owned 90,258 shares in the company, valued at $18,215,869.56. This trade represents a 12.18% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director G Michael Sievert sold 22,500 shares of T-Mobile US stock in a transaction on Monday, November 17th. The stock was sold at an average price of $216.97, for a total transaction of $4,881,825.00. Following the sale, the director owned 308,696 shares in the company, valued at $66,977,771.12. This represents a 6.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 51,457 shares of company stock worth $11,149,636 over the last 90 days. Insiders own 0.37% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Howard Hughes Medical Institute acquired a new position in T-Mobile US in the second quarter worth about $25,000. United Community Bank grew its stake in shares of 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 purchasing an additional 59 shares during the period. Elevation Wealth Partners LLC grew its stake in shares of 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 purchasing an additional 76 shares during the period. Aspect Partners LLC raised its holdings in shares of T-Mobile US by 112.1% in the 2nd quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock worth $29,000 after buying an additional 65 shares in the last quarter. Finally, CoreFirst Bank & Trust bought a new position in shares of T-Mobile US during the 2nd quarter worth approximately $31,000. 42.49% of the stock is owned by institutional investors.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $189.28 on Friday. The business has a 50 day moving average price of $198.01 and a 200 day moving average price of $221.27. T-Mobile US has a twelve month low of $181.36 and a twelve month high of $276.49. The company has a market cap of $211.71 billion, a price-to-earnings ratio of 18.20, a PEG ratio of 1.03 and a beta of 0.45. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37.

T-Mobile US Announces Dividend

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

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.