Brokerages Set T-Mobile US, Inc. (NASDAQ:TMUS) PT at $185.93

T-Mobile US, Inc. (NASDAQ:TMUS) has been given an average recommendation of “Buy” by the fourteen ratings firms that are presently covering the company, MarketBeat.com reports. Thirteen investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $185.93.

Several analysts have recently weighed in on TMUS shares. Royal Bank of Canada restated an “outperform” rating and set a $184.00 price objective on shares of T-Mobile US in a research report on Wednesday, March 20th. Tigress Financial raised their price target on shares of T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Oppenheimer reissued an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a report on Wednesday, April 3rd. Benchmark reaffirmed a “buy” rating and set a $200.00 target price on shares of T-Mobile US in a research note on Friday, January 26th. Finally, Morgan Stanley lifted their target price on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th.

T-Mobile US Stock Up 0.0 %

Shares of NASDAQ:TMUS opened at $162.36 on Friday. The firm has a fifty day moving average price of $162.30 and a two-hundred day moving average price of $156.54. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US has a one year low of $124.92 and a one year high of $168.64. The company has a market cap of $192.70 billion, a price-to-earnings ratio of 23.43, a PEG ratio of 0.66 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 EPS for the quarter, missing the consensus estimate of $1.90 by ($0.23). The firm had revenue of $20.48 billion during the quarter, compared to the consensus estimate of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.18 earnings per share. Analysts anticipate that T-Mobile US will post 8.95 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be issued a $0.65 dividend. The ex-dividend date is Friday, May 31st. This represents a $2.60 annualized dividend and a yield of 1.60%. T-Mobile US’s dividend payout ratio (DPR) is presently 37.52%.

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 170,903 shares of the business’s stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $159.95, for a total transaction of $27,335,934.85. Following the completion of the transaction, the director now directly owns 680,306,713 shares of the company’s stock, valued at $108,815,058,744.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other T-Mobile US news, Director Teresa Taylor sold 12,022 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $161.80, for a total transaction of $1,945,159.60. Following the completion of the sale, the director now directly owns 13,014 shares of the company’s stock, valued at $2,105,665.20. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Telekom Ag Deutsche sold 170,903 shares of the company’s stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $159.95, for a total transaction of $27,335,934.85. Following the sale, the director now directly owns 680,306,713 shares of the company’s stock, valued at $108,815,058,744.35. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 5,811,459 shares of company stock valued at $942,634,782. Insiders own 0.70% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

A number of hedge funds have recently modified their holdings of the company. Norges Bank bought a new position in shares of T-Mobile US in the fourth quarter worth approximately $3,338,708,000. Morgan Stanley boosted its position in shares of T-Mobile US by 0.9% during the third quarter. Morgan Stanley now owns 11,255,490 shares of the Wireless communications provider’s stock worth $1,576,332,000 after acquiring an additional 104,490 shares during the last quarter. Royal Bank of Canada boosted its position in shares of T-Mobile US by 7.1% during the third quarter. Royal Bank of Canada now owns 10,505,308 shares of the Wireless communications provider’s stock worth $1,471,269,000 after acquiring an additional 693,443 shares during the last quarter. Invesco Ltd. raised its stake in T-Mobile US by 0.6% during the third quarter. Invesco Ltd. now owns 7,675,261 shares of the Wireless communications provider’s stock valued at $1,074,920,000 after purchasing an additional 45,196 shares in the last quarter. Finally, Wellington Management Group LLP raised its stake in T-Mobile US by 200.0% during the fourth 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 purchasing an additional 4,241,877 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

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.