How Analysts Feel About Telephone and Data Systems Inchares (NYSE:TDS) After Increase in Sellers?

July 13, 2018 - By Mark Mitchell

Telephone and Data Systems, Inc. (NYSE:TDS) Logo

Investors sentiment decreased to 1.05 in Q1 2018. Its down 0.50, from 1.55 in 2017Q4. It dropped, as 18 investors sold Telephone and Data Systems, Inc. shares while 80 reduced holdings. 33 funds opened positions while 70 raised stakes. 89.05 million shares or 0.13% less from 89.16 million shares in 2017Q4 were reported.
Oregon Public Employees Retirement Fund has invested 0.01% in Telephone and Data Systems, Inc. (NYSE:TDS). Earnest Limited Liability Co, Georgia-based fund reported 46 shares. Employees Retirement Association Of Colorado has invested 0% of its portfolio in Telephone and Data Systems, Inc. (NYSE:TDS). Macquarie Grp Ltd holds 0% of its portfolio in Telephone and Data Systems, Inc. (NYSE:TDS) for 5,400 shares. Legal And General Gp Public Limited holds 0% of its portfolio in Telephone and Data Systems, Inc. (NYSE:TDS) for 173,535 shares. Bluecrest Mgmt reported 55,771 shares stake. Hancock owns 0.03% invested in Telephone and Data Systems, Inc. (NYSE:TDS) for 24,600 shares. Trexquant Invest Limited Partnership reported 0.02% of its portfolio in Telephone and Data Systems, Inc. (NYSE:TDS). Illinois-based Guggenheim Capital Ltd Co has invested 0.02% in Telephone and Data Systems, Inc. (NYSE:TDS). Invesco accumulated 161,346 shares. Perkins Coie has invested 0% in Telephone and Data Systems, Inc. (NYSE:TDS). Principal Fincl Group reported 469,493 shares. Martingale Asset Management Lp reported 0.07% of its portfolio in Telephone and Data Systems, Inc. (NYSE:TDS). California State Teachers Retirement System reported 0.01% stake. The Virginia-based Virginia Retirement Et Al has invested 0.01% in Telephone and Data Systems, Inc. (NYSE:TDS).

Since February 27, 2018, it had 0 buys, and 6 insider sales for $8.90 million activity. Carlson Prudence E also sold $160,784 worth of Telephone and Data Systems, Inc. (NYSE:TDS) on Wednesday, June 20. Wittwer David A sold 285,704 shares worth $7.77 million. WILLIAMSON SCOTT H had sold 28,714 shares worth $801,695. SARANOW MITCHELL H also sold $106,640 worth of Telephone and Data Systems, Inc. (NYSE:TDS) shares.

The stock of Telephone and Data Systems Inchares (NYSE:TDS) registered an increase of 36.95% in short interest. TDS’s total short interest was 3.19M shares in July as published by FINRA. Its up 36.95% from 2.33 million shares, reported previously. With 690,000 shares average volume, it will take short sellers 5 days to cover their TDS’s short positions. The short interest to Telephone and Data Systems Inchares’s float is 3.34%.

The stock increased 0.35% or $0.09 during the last trading session, reaching $25.68. About 583,173 shares traded. Telephone and Data Systems, Inc. (NYSE:TDS) has declined 8.94% since July 13, 2017 and is downtrending. It has underperformed by 21.51% the S&P500.

Telephone and Data Systems, Inc., a telecommunications company, provides wireless, wireline, cable, and hosted and managed services in the United States. The company has market cap of $2.87 billion. The firm offers cellular services, such as postpaid national plans and prepaid service plans with voice, messaging, and data usage options; shared data plans that include unlimited voice and unlimited messaging; and business rate plans. It has a 18.61 P/E ratio. It also offers wireless devices comprising handsets, tablets, mobile hotspots, home phones, and routers; and including accessories, including wireless basics, such as cases, screen protectors, chargers, and memory cards, as well as an assortment of consumer electronics comprising headphones, speakers, and hands-free devices.

Telephone and Data Systems, Inc. (NYSE:TDS) Ratings Coverage

Among 2 analysts covering Telephone and Data (NYSE:TDS), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Telephone and Data had 2 analyst reports since May 2, 2018 according to SRatingsIntel. The stock has “Outperform” rating by Raymond James on Wednesday, May 2. The firm has “Underweight” rating given on Wednesday, July 11 by JP Morgan.

More news for Telephone and Data Systems, Inc. (NYSE:TDS) were recently published by: Seekingalpha.com, which released: “US Cellular, TDS tumble as JPMorgan bears up” on July 11, 2018. Streetinsider.com‘s article titled: “JPMorgan Downgrades Telephone & Data Systems (TDS) to Underweight” and published on July 11, 2018 is yet another important article.

Telephone and Data Systems, Inc. (NYSE:TDS) Institutional Positions Chart

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