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

T-Mobile US, Inc. (NASDAQ:TMUS) has received an average recommendation of “Buy” from the fifteen research firms that are currently covering the stock, Marketbeat reports. Fourteen equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $190.79.

A number of equities analysts recently issued reports on TMUS shares. Benchmark reissued a “buy” rating and set a $200.00 price target on shares of T-Mobile US in a report on Wednesday, May 29th. Royal Bank of Canada raised their price target on T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. TD Cowen lowered their price target on T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a report on Friday, April 26th. KeyCorp raised their price target on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Finally, StockNews.com lowered T-Mobile US from a “buy” rating to a “hold” rating in a report on Wednesday.

Insider Transactions at T-Mobile US

In other news, CAO Dara Bazzano sold 4,300 shares of the business’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $179.78, for a total transaction of $773,054.00. Following the sale, the chief accounting officer now owns 6,202 shares of the company’s stock, valued at approximately $1,114,995.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $161.41, for a total transaction of $30,614,634.70. Following the completion of the transaction, the director now directly owns 680,857,456 shares in the company, valued at approximately $109,897,201,972.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Dara Bazzano sold 4,300 shares of T-Mobile US stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $179.78, for a total value of $773,054.00. Following the transaction, the chief accounting officer now owns 6,202 shares of the company’s stock, valued at $1,114,995.56. The disclosure for this sale can be found here. Insiders have sold 6,399,830 shares of company stock valued at $1,071,720,246 in the last quarter. 0.67% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of T-Mobile US during the 4th quarter valued at $3,338,708,000. Wellington Management Group LLP grew its stake in shares of T-Mobile US by 200.0% during the 4th quarter. Wellington Management Group LLP now owns 6,362,601 shares of the Wireless communications provider’s stock valued at $1,020,116,000 after buying an additional 4,241,877 shares during the period. Putnam Investments LLC grew its stake in shares of T-Mobile US by 74.6% during the 4th quarter. Putnam Investments LLC now owns 3,939,221 shares of the Wireless communications provider’s stock valued at $631,575,000 after buying an additional 1,682,743 shares during the period. Vanguard Group Inc. grew its stake in shares of T-Mobile US by 3.8% during the 1st quarter. Vanguard Group Inc. now owns 45,042,339 shares of the Wireless communications provider’s stock valued at $7,351,811,000 after buying an additional 1,667,778 shares during the period. Finally, Royal Bank of Canada grew its stake in shares of T-Mobile US by 7.1% during the 3rd quarter. Royal Bank of Canada now owns 10,505,308 shares of the Wireless communications provider’s stock valued at $1,471,269,000 after buying an additional 693,443 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Stock Down 0.8 %

TMUS opened at $178.46 on Thursday. The business’s 50-day simple moving average is $170.51 and its 200-day simple moving average is $164.86. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. T-Mobile US has a one year low of $131.47 and a one year high of $182.67. The stock has a market capitalization of $209.13 billion, a P/E ratio of 24.28, a price-to-earnings-growth ratio of 0.69 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.17. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The business had revenue of $19.59 billion for the quarter, compared to analysts’ expectations of $19.81 billion. During the same quarter in the previous year, the firm earned $1.58 earnings per share. The business’s revenue was down .2% compared to the same quarter last year. Analysts anticipate that T-Mobile US will post 9.01 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.46%. The ex-dividend date is Friday, August 30th. T-Mobile US’s dividend payout ratio (DPR) is 35.37%.

About T-Mobile US

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.