OneAscent Family Office LLC Acquires 1,552 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

OneAscent Family Office LLC lifted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 126.2% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 2,782 shares of the Wireless communications provider's stock after purchasing an additional 1,552 shares during the quarter. OneAscent Family Office LLC's holdings in T-Mobile US were worth $742,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Calton & Associates Inc. acquired a new position in shares of T-Mobile US in the 1st quarter valued at approximately $69,545,000. Mainstay Capital Management LLC ADV acquired a new stake in shares of T-Mobile US during the 1st quarter valued at approximately $204,000. Csenge Advisory Group grew its stake in T-Mobile US by 7.4% during the 1st quarter. Csenge Advisory Group now owns 7,309 shares of the Wireless communications provider's stock worth $1,915,000 after buying an additional 501 shares during the last quarter. Private Advisor Group LLC grew its stake in T-Mobile US by 3.7% during the 1st quarter. Private Advisor Group LLC now owns 23,161 shares of the Wireless communications provider's stock worth $6,177,000 after buying an additional 837 shares during the last quarter. Finally, Diversify Advisory Services LLC bought a new position in T-Mobile US during the 1st quarter worth $292,000. Hedge funds and other institutional investors own 42.49% of the company's stock.

Insider Buying and Selling

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the company's stock in a transaction on Monday, July 7th. The shares were sold at an average price of $238.08, for a total value of $16,627,507.20. Following the transaction, the director owned 647,660,844 shares of the company's stock, valued at approximately $154,195,093,739.52. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold a total of 1,256,670 shares of company stock valued at $288,999,139 in the last quarter. 0.37% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on TMUS shares. Rothschild & Co Redburn raised T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price objective on the stock in a report on Monday, July 7th. Redburn Atlantic raised T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price on the stock in a report on Monday, July 7th. Arete Research raised T-Mobile US to a "strong-buy" rating in a report on Tuesday, July 8th. Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and lifted their price objective for the stock from $275.00 to $277.50 in a report on Wednesday, April 30th. Finally, Wall Street Zen lowered T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, T-Mobile US has an average rating of "Moderate Buy" and an average target price of $255.12.

T-Mobile US Price Performance

Shares of TMUS stock traded up $0.20 during trading hours on Tuesday, reaching $232.82. The company's stock had a trading volume of 1,915,662 shares, compared to its average volume of 4,093,322. The firm's 50 day simple moving average is $235.29 and its 200-day simple moving average is $244.04. The company has a market capitalization of $264.35 billion, a price-to-earnings ratio of 22.71, a PEG ratio of 1.26 and a beta of 0.62. T-Mobile US, Inc. has a fifty-two week low of $173.74 and a fifty-two week high of $276.49. The company has a quick ratio of 1.08, a current ratio of 1.16 and a debt-to-equity ratio of 1.35.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.10. The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The business's quarterly revenue was up 6.6% on a year-over-year basis. During the same period last year, the company posted $2.00 EPS. Sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be paid a $0.88 dividend. The ex-dividend date is Friday, August 29th. This represents a $3.52 annualized dividend and a yield of 1.51%. T-Mobile US's payout ratio is 34.34%.

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.