OneAscent Wealth Management LLC Sells 439 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

OneAscent Wealth Management LLC decreased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 18.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,942 shares of the Wireless communications provider’s stock after selling 439 shares during the period. OneAscent Wealth Management LLC’s holdings in T-Mobile US were worth $429,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Rakuten Securities Inc. boosted its holdings in shares of T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 62 shares during the period. Dunhill Financial LLC lifted its holdings in T-Mobile US by 76.7% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after purchasing an additional 56 shares during the last quarter. CoreFirst Bank & Trust bought a new stake in T-Mobile US in the 4th quarter valued at $28,000. Financial Life Planners acquired a new position in T-Mobile US in the 4th quarter valued at $29,000. Finally, Legacy Investment Solutions LLC bought a new position in T-Mobile US during the 3rd quarter worth $34,000. Institutional investors own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of recent research reports. Benchmark reissued a “buy” rating and issued a $275.00 target price on shares of T-Mobile US in a research report on Thursday. Tigress Financial reissued a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Hsbc Global Res cut shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. Oppenheimer boosted their price target on T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. Finally, HSBC lowered T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price objective on the stock. in a research note on Wednesday, March 5th. Eleven investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $256.80.

T-Mobile US Stock Down 1.2 %

Shares of NASDAQ TMUS opened at $264.93 on Friday. T-Mobile US, Inc. has a 12-month low of $159.14 and a 12-month high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The firm has a market cap of $302.48 billion, a PE ratio of 27.40, a P/E/G ratio of 1.55 and a beta of 0.64. The company’s fifty day simple moving average is $252.92 and its 200 day simple moving average is $232.64.

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

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.33%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is currently 36.40%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares in the company, valued at approximately $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.67% of the stock is currently owned by company insiders.

About T-Mobile US

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.