Braun Stacey Associates Inc. Has $30.87 Million Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Braun Stacey Associates Inc. reduced its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 139,850 shares of the Wireless communications provider's stock after selling 2,873 shares during the quarter. T-Mobile US comprises about 1.2% of Braun Stacey Associates Inc.'s investment portfolio, making the stock its 23rd largest holding. Braun Stacey Associates Inc.'s holdings in T-Mobile US were worth $30,869,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. DT Investment Partners LLC raised its position in T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider's stock worth $25,000 after acquiring an additional 47 shares in the last quarter. Dunhill Financial LLC raised its position in T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider's stock worth $27,000 after acquiring an additional 56 shares in the last quarter. MFA Wealth Advisors LLC raised its position in T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider's stock worth $28,000 after acquiring an additional 77 shares in the last quarter. Financial Life Planners bought a new stake in T-Mobile US in the fourth quarter worth about $29,000. Finally, Legacy Investment Solutions LLC bought a new stake in T-Mobile US in the third quarter worth about $34,000. 42.49% of the stock is currently owned by institutional investors.

Insider Activity at T-Mobile US

In related news, Director Andre Almeida bought 3,808 shares of T-Mobile US stock in a transaction that occurred on Monday, December 9th. The stock was purchased at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the acquisition, the director now owns 3,808 shares in the company, valued at $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the business's stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the sale, the director now owns 5,021 shares of the company's stock, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,100 shares of company stock valued at $747,378. 0.67% of the stock is owned by corporate insiders.

T-Mobile US Stock Down 0.1 %

Shares of NASDAQ TMUS traded down $0.23 during trading hours on Friday, hitting $265.17. The stock had a trading volume of 3,554,246 shares, compared to its average volume of 3,824,914. The company has a market capitalization of $302.76 billion, a P/E ratio of 27.42, a P/E/G ratio of 1.53 and a beta of 0.56. The firm's 50-day moving average price is $230.98 and its two-hundred day moving average price is $221.21. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $271.41. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly 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%. Analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on TMUS shares. BNP Paribas upgraded shares of T-Mobile US to a "strong-buy" rating in a research report on Friday, October 25th. Evercore ISI raised T-Mobile US to a "strong-buy" rating in a research note on Thursday, January 23rd. Royal Bank of Canada lifted their price target on T-Mobile US from $240.00 to $245.00 and gave the stock a "sector perform" rating in a research note on Thursday, January 30th. Barclays lifted their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a research note on Monday, February 3rd. Finally, UBS Group lifted their price target on T-Mobile US from $210.00 to $255.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $251.79.

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.