T-Mobile US (NASDAQ:TMUS) Research Coverage Started at The Goldman Sachs Group

The Goldman Sachs Group assumed coverage on shares of T-Mobile US (NASDAQ:TMUS) in a research report report published on Monday morning, MarketBeat Ratings reports. The brokerage issued a buy rating and a $200.00 target price on the Wireless communications provider’s stock.

TMUS has been the subject of several other reports. Royal Bank of Canada boosted their price target on T-Mobile US from $184.00 to $188.00 and gave the stock an outperform rating in a research report on Friday, April 26th. KeyCorp boosted their price target on T-Mobile US from $175.00 to $185.00 and gave the stock an overweight rating in a research report on Friday, April 26th. TD Cowen lowered their price objective on T-Mobile US from $204.00 to $202.00 and set a buy rating on the stock in a research note on Friday, April 26th. Oppenheimer restated an outperform rating and issued a $190.00 target price on shares of T-Mobile US in a report on Wednesday, April 3rd. Finally, StockNews.com upgraded T-Mobile US from a hold rating to a buy rating in a report on Thursday, June 13th. One investment analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of Buy and an average target price of $190.79.

T-Mobile US Trading Down 0.8 %

T-Mobile US stock opened at $178.46 on Monday. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 1.25. T-Mobile US has a 52 week low of $131.47 and a 52 week high of $182.67. The company has a market capitalization of $209.13 billion, a price-to-earnings ratio of 24.28, a price-to-earnings-growth ratio of 0.70 and a beta of 0.51. The stock has a 50-day moving average price of $170.80 and a 200 day moving average price of $164.95.

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

T-Mobile US Announces Dividend

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

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 170,903 shares of the business’s stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of $159.95, for a total transaction of $27,335,934.85. Following the completion of the sale, the director now owns 680,306,713 shares of the company’s stock, valued at $108,815,058,744.35. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, Director Telekom Ag Deutsche sold 170,903 shares of the stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of $159.95, for a total value of $27,335,934.85. Following the completion of the transaction, the director now owns 680,306,713 shares of the company’s stock, valued at $108,815,058,744.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael J. Katz sold 3,000 shares of the stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $177.59, for a total value of $532,770.00. Following the completion of the transaction, the insider now directly owns 122,687 shares of the company’s stock, valued at approximately $21,787,984.33. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 6,210,160 shares of company stock valued at $1,041,105,611. Company insiders own 0.67% of the company’s stock.

Institutional Trading of T-Mobile US

Several institutional investors and hedge funds have recently bought and sold shares of the company. Acadian Asset Management LLC grew its holdings in T-Mobile US by 376.8% in the 3rd quarter. Acadian Asset Management LLC now owns 882 shares of the Wireless communications provider’s stock worth $122,000 after buying an additional 697 shares in the last quarter. Lazard Asset Management LLC grew its holdings in T-Mobile US by 46.9% in the 3rd quarter. Lazard Asset Management LLC now owns 19,126 shares of the Wireless communications provider’s stock worth $2,678,000 after buying an additional 6,110 shares in the last quarter. Glenmede Trust Co. NA grew its holdings in T-Mobile US by 26.0% in the 3rd quarter. Glenmede Trust Co. NA now owns 9,797 shares of the Wireless communications provider’s stock worth $1,372,000 after buying an additional 2,022 shares in the last quarter. Axxcess Wealth Management LLC bought a new position in T-Mobile US during the 3rd quarter valued at $443,000. Finally, Evergreen Capital Management LLC boosted its stake in T-Mobile US by 65.1% during the 3rd quarter. Evergreen Capital Management LLC now owns 3,376 shares of the Wireless communications provider’s stock valued at $473,000 after purchasing an additional 1,331 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

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.