1 day Ago By ABMN Staff
T-Mobile US ( NASDAQ:TMUS – Free Report ) had its target price boosted by Tigress Financial from $290.00 to $305.00 in a report released on Tuesday morning, Benzinga reports.
Tigress Financial currently has a buy rating on the Wireless communications provider’s stock. A number of other equities analysts have also recently commented on TMUS. Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd.
Citigroup lowered shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price target on the stock. in a report on Friday, March 14th.
Bank of America raised their price target on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, January 30th.
Barclays raised their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd.
Finally, UBS Group lowered shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Friday, March 21st. Eleven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.
com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $257.55. Read Our Latest Report on TMUS T-Mobile US Stock Performance T-Mobile US ( NASDAQ:TMUS – Get Free Report ) last issued its earnings results on Thursday, April 24th.
The Wireless communications provider reported $2.58 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.
10. The company had revenue of $20.89 billion for the quarter, compared to analysts’ expectations of $20.
67 billion. T-Mobile US had a net margin of 13.93% and a return on equity of 18.
09%. The firm’s revenue was up 6.6% compared to the same quarter last year.
During the same quarter last year, the company earned $2.00 EPS. On average, equities research analysts expect that T-Mobile US will post 10.
37 earnings per share for the current fiscal year. T-Mobile US Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a $0.
88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.
46%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is 34.
34%. Insiders Place Their Bets In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th.
The stock was sold at an average price of $263.00, for a total value of $191,990.00.
Following the completion of the sale, the director now owns 3,291 shares of the company’s stock, valued at approximately $865,533. This trade represents a 18.15 % decrease in their position.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . Corporate insiders own 0.67% of the company’s stock.
Institutional Trading of T-Mobile US Several large investors have recently modified their holdings of TMUS. Norges Bank bought a new stake in shares of T-Mobile US in the fourth quarter worth $1,802,393,000. GAMMA Investing LLC grew its holdings in shares of T-Mobile US by 29,289.
4% in the first quarter. GAMMA Investing LLC now owns 3,053,563 shares of the Wireless communications provider’s stock worth $814,416,000 after acquiring an additional 3,043,173 shares during the period. Canada Pension Plan Investment Board grew its holdings in shares of T-Mobile US by 85.
5% in the fourth quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider’s stock worth $1,329,919,000 after acquiring an additional 2,777,657 shares during the period. Raymond James Financial Inc.
bought a new stake in T-Mobile US during the fourth quarter valued at about $452,721,000. Finally, Capital International Investors grew its holdings in T-Mobile US by 36.2% during the fourth quarter.
Capital International Investors now owns 6,525,744 shares of the Wireless communications provider’s stock valued at $1,440,424,000 after purchasing an additional 1,734,998 shares during the period. Institutional investors own 42.49% of the company’s stock.
About T-Mobile US ( Get Free Report ) 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.
Further Reading Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter ..
