(NYSE:TDS) Position Cut by Cutler Group LP

Bruno Cirelli
Luglio 14, 2017

Credit Agricole S A boosted its stake in shares of Telephone and Data Systems by 211.1% in the fourth quarter. (NYSE:TDS) by 235.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). NA owned 0.07% of Telephone and Data Systems worth $2,319,000 as of its most recent filing with the SEC. The institutional investor owned 69,280 shares of the Wireless communications provider's stock after buying an additional 48,646 shares during the period. Envestnet Asset Management Inc. raised its position in Telephone and Data Systems by 2.1% in the first quarter. Envestnet Asset Management Inc. now owns 4,094 shares of the Wireless communications provider's stock worth $108,000 after buying an additional 84 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Telephone and Data Systems by 0.6% in the fourth quarter. Credit Agricole S A now owns 17,623 shares of the Wireless communications provider's stock valued at $509,000 after buying an additional 11,959 shares during the period. Bank of Montreal Can boosted its stake in shares of Telephone and Data Systems by 14.9% in the first quarter. Bank of Montreal Can now owns 8,413 shares of the Wireless communications provider's stock valued at $223,000 after buying an additional 1,091 shares during the period. Parametrica Management Ltd acquired a new position in shares of Telephone and Data Systems during the first quarter valued at $233,000.

Paloma Partners Management Co boosted its position in Telephone and Data Systems, Inc. Hedge funds and other institutional investors own 81.15% of the company's stock.

Telephone and Data Systems, Inc. has a one year low of $24.12 and a one year high of $32.98.

The stock increased +0.29% (+0.08) during the last days session, reaching 27.74 and roughly 126714 shares were bought or sold by traders. The fund acquired 12,265 shares of the Wireless communications provider's stock, valued at approximately $325,000. The company has a 50-day moving average of $27.91 and a 200 day moving average of $28.18. The firm has a market cap of $3.05 billion, a PE ratio of 42.49 and a beta of 1.05.

Shares of Telephone and Data Systems, Inc.

Telephone and Data Systems (NYSE:TDS) last issued its quarterly earnings results on Friday, May 5th. The Wireless communications provider reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.01 by $0.32. The SI to Telephone & Data System's float is 1.49%. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.24 billion. During the same quarter in the previous year, the company posted $0.07 earnings per share.

The business also recently announced a quarterly dividend, which was paid on Friday, June 30th. This represents a $0.62 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend was Wednesday, June 14th. Telephone and Data Systems pays out 96.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

ILLEGAL ACTIVITY WARNING: This piece of content was first published by Transcript Daily and is the sole property of of Transcript Daily. If you are viewing this report on another website, it was illegally copied and republished in violation of USA and global copyright law. The legal version of this piece of content can be accessed at https://baseballnewssource.com/markets/oxford-asset-management-invests-325000-in-telephone-and-data-systems-inc-tds-updated-updated/1039506.html. ORBCOMM is trading at a lower price-to-earnings ratio than Telephone and Data Systems, indicating that it is now the more affordable of the two stocks.

Cambiar Limited Liability Com stated it has 0.41% of its portfolio in Telephone & Data Systems, Inc.

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