2 weeks Ago By ABMN Staff
Summit Investment Advisors Inc. lifted its position in Telephone and Data Systems, Inc. ( NYSE:TDS – Free Report ) by 4.
9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,319 shares of the Wireless communications provider’s stock after purchasing an additional 482 shares during the quarter. Summit Investment Advisors Inc.
’s holdings in Telephone and Data Systems were worth $352,000 at the end of the most recent reporting period. Other institutional investors have also recently bought and sold shares of the company. Independence Bank of Kentucky acquired a new position in shares of Telephone and Data Systems in the 4th quarter valued at $41,000.
Federated Hermes Inc. bought a new position in Telephone and Data Systems during the fourth quarter worth about $56,000. SBI Securities Co.
Ltd. acquired a new stake in Telephone and Data Systems during the fourth quarter valued at approximately $74,000. Versant Capital Management Inc boosted its holdings in Telephone and Data Systems by 14.
5% during the fourth quarter. Versant Capital Management Inc now owns 2,395 shares of the Wireless communications provider’s stock valued at $82,000 after purchasing an additional 303 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of Telephone and Data Systems by 74.
5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,707 shares of the Wireless communications provider’s stock valued at $92,000 after purchasing an additional 1,156 shares during the period. Institutional investors and hedge funds own 80.
00% of the company’s stock. Telephone and Data Systems Price Performance NYSE:TDS opened at $36.47 on Monday.
The company has a quick ratio of 1.44, a current ratio of 1.59 and a debt-to-equity ratio of 0.
85. The firm has a market cap of $4.16 billion, a PE ratio of -6.
75 and a beta of 0.62. Telephone and Data Systems, Inc.
has a 12 month low of $14.04 and a 12 month high of $41.21.
The company’s 50-day moving average price is $36.63 and its two-hundred day moving average price is $33.81.
Telephone and Data Systems Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a $0.04 dividend.
The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.
44%. Telephone and Data Systems’s dividend payout ratio is -18.60%.
Analyst Upgrades and Downgrades Separately, JPMorgan Chase & Co. boosted their price target on Telephone and Data Systems from $53.00 to $56.
00 and gave the company an “overweight” rating in a research note on Monday, February 24th. Check Out Our Latest Report on Telephone and Data Systems Telephone and Data Systems Company Profile ( Free Report ) Telephone and Data Systems, Inc, a telecommunications company, provides communications services in the United States. It operates through two segments: UScellular and TDS Telecom.
The company offers wireless solutions to consumers, and business and government customers, including a suite of connected Internet of things (IoT) solutions, and software applications for monitor and control, business automation/operations, communication, fleet and asset management, smart water solutions, private cellular networks and custom, and end-to-end IoT solutions; wireless priority services and quality priority and preemption options; smartphones and other handsets, tablets, wearables, mobile hotspots, fixed wireless home internet, and IoT devices; and accessories, such as cases, screen protectors, chargers, and memory cards, as well as consumer electronics, including audio, home automation and networking products. Featured Articles Want to see what other hedge funds are holding TDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Telephone and Data Systems, Inc.
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