T-Mobile US, Inc. (NASDAQ:TMUS) Receives $257.30 Consensus PT from Brokerages

T-Mobile US, Inc. (NASDAQ:TMUSGet Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-eight research firms that are covering the stock, MarketBeat.com reports. Ten research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $257.3043.

A number of equities research analysts have weighed in on the stock. DZ Bank reiterated a “buy” rating on shares of T-Mobile US in a research note on Friday, February 13th. Benchmark reaffirmed a “buy” rating on shares of T-Mobile US in a report on Thursday, February 12th. UBS Group reiterated a “buy” rating on shares of T-Mobile US in a research report on Thursday, February 12th. Barclays upped their target price on shares of T-Mobile US from $240.00 to $245.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Finally, Sanford C. Bernstein reaffirmed a “neutral” rating on shares of T-Mobile US in a report on Thursday, February 19th.

Check Out Our Latest Stock Analysis on TMUS

More T-Mobile US News

Here are the key news stories impacting T-Mobile US this week:

Insiders Place Their Bets

In other T-Mobile US news, Director Raul Marcelo Claure sold 550,000 shares of T-Mobile US 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 completion of the transaction, the director directly 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director G Michael Sievert sold 1,089 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $221.85, for a total transaction of $241,594.65. Following the completion of the sale, the director owned 125,696 shares in the company, valued at $27,885,657.60. This represents a 0.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 694,134 shares of company stock worth $150,847,799 over the last quarter. Corporate insiders own 0.37% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

Institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in T-Mobile US during the fourth quarter worth about $1,335,918,000. Price T Rowe Associates Inc. MD raised its stake in shares of T-Mobile US by 30.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,795,065 shares of the Wireless communications provider’s stock valued at $5,643,511,000 after acquiring an additional 6,516,968 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of T-Mobile US by 47.5% in the 3rd quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock worth $3,222,454,000 after acquiring an additional 4,335,368 shares in the last quarter. Dodge & Cox boosted its holdings in shares of T-Mobile US by 65.2% in the 4th quarter. Dodge & Cox now owns 6,185,972 shares of the Wireless communications provider’s stock worth $1,256,000,000 after acquiring an additional 2,442,450 shares in the last quarter. Finally, Marshall Wace LLP grew its position in T-Mobile US by 2,303.2% during the 2nd quarter. Marshall Wace LLP now owns 1,797,086 shares of the Wireless communications provider’s stock worth $428,174,000 after acquiring an additional 1,878,654 shares during the last quarter. 42.49% of the stock is owned by institutional investors.

T-Mobile US Stock Performance

TMUS opened at $211.36 on Friday. The stock’s 50 day simple moving average is $206.30 and its 200-day simple moving average is $212.14. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45. The stock has a market cap of $232.89 billion, a PE ratio of 21.77, a P/E/G ratio of 1.38 and a beta of 0.43. T-Mobile US has a 1 year low of $181.36 and a 1 year high of $272.60.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Friday, May 29th. T-Mobile US’s dividend payout ratio (DPR) is 42.02%.

About T-Mobile US

(Get Free Report)

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.

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Analyst Recommendations for T-Mobile US (NASDAQ:TMUS)

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