T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by OneAscent Financial Services LLC

OneAscent Financial Services LLC grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 34.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,929 shares of the Wireless communications provider’s stock after acquiring an additional 1,530 shares during the quarter. OneAscent Financial Services LLC’s holdings in T-Mobile US were worth $1,309,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Huntington National Bank increased its position in T-Mobile US by 3.3% during the 4th quarter. Huntington National Bank now owns 373,266 shares of the Wireless communications provider’s stock worth $82,391,000 after purchasing an additional 11,973 shares in the last quarter. Meeder Advisory Services Inc. increased its position in shares of T-Mobile US by 5.7% in the fourth quarter. Meeder Advisory Services Inc. now owns 10,427 shares of the Wireless communications provider’s stock worth $2,302,000 after acquiring an additional 559 shares in the last quarter. Groupama Asset Managment raised its stake in shares of T-Mobile US by 18.3% in the 4th quarter. Groupama Asset Managment now owns 279,498 shares of the Wireless communications provider’s stock valued at $61,674,000 after acquiring an additional 43,226 shares during the period. Trexquant Investment LP lifted its holdings in shares of T-Mobile US by 355.5% during the 4th quarter. Trexquant Investment LP now owns 68,110 shares of the Wireless communications provider’s stock valued at $15,034,000 after acquiring an additional 53,156 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new stake in T-Mobile US during the 4th quarter worth $2,025,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on TMUS shares. Wells Fargo & Company reissued an “equal weight” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Benchmark reissued a “buy” rating and set a $275.00 price target on shares of T-Mobile US in a research report on Thursday, March 27th. Citigroup downgraded shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price objective for the company. in a research report on Friday, March 14th. Tigress Financial restated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Finally, HSBC lowered shares of T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price target for the company. in a report on Wednesday, March 5th. Eleven analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average price target of $256.80.

T-Mobile US Price Performance

Shares of TMUS opened at $268.54 on Wednesday. T-Mobile US, Inc. has a 12 month low of $159.14 and a 12 month high of $276.49. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The stock has a fifty day moving average price of $254.86 and a 200 day moving average price of $234.05. The company has a market cap of $306.60 billion, a P/E ratio of 27.77, a PEG ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. On average, research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.31%. T-Mobile US’s dividend payout ratio is presently 36.40%.

Insider Buying and Selling

In other news, Director Srikant M. Datar sold 730 shares of the 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 transaction, the director now owns 3,291 shares of the company’s stock, valued at approximately $865,533. This represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.67% 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.