Telephone and Data Systems Inchares (NYSE:TDS) Sellers Covered 14.39% of Their Shorts

September 30, 2018 - By Lisa Delgado

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

Investors sentiment increased to 1.11 in 2018 Q2. Its up 0.06, from 1.05 in 2018Q1. It increased, as 16 investors sold Telephone and Data Systems, Inc. shares while 80 reduced holdings. 36 funds opened positions while 71 raised stakes. 88.33 million shares or 0.81% less from 89.05 million shares in 2018Q1 were reported.
Panagora Asset Mngmt Inc invested in 0% or 39,838 shares. Cipher Cap Lp invested 0.06% of its portfolio in Telephone and Data Systems, Inc. (NYSE:TDS). D E Shaw & Co stated it has 0.01% in Telephone and Data Systems, Inc. (NYSE:TDS). Texas Permanent School Fund, a Texas-based fund reported 59,916 shares. Nwi Ltd Partnership has invested 2.31% in Telephone and Data Systems, Inc. (NYSE:TDS). Bailard holds 0.03% or 18,600 shares. Glenmede Tru Na reported 939 shares stake. First Quadrant L P Ca has invested 0.22% in Telephone and Data Systems, Inc. (NYSE:TDS). Voya Inv Limited Liability Corporation accumulated 216,199 shares or 0.01% of the stock. Sun Life Financial has 0.03% invested in Telephone and Data Systems, Inc. (NYSE:TDS) for 6,484 shares. Signaturefd Lc has 7 shares. Sageworth Communication holds 436 shares or 0% of its portfolio. Asset Management One Limited has 0% invested in Telephone and Data Systems, Inc. (NYSE:TDS). Johnson Gp stated it has 796 shares. State Of Tennessee Treasury Department has invested 0.01% in Telephone and Data Systems, Inc. (NYSE:TDS).

Since March 28, 2018, it had 0 insider purchases, and 9 selling transactions for $4.04 million activity. 16,400 Telephone and Data Systems, Inc. (NYSE:TDS) shares with value of $501,630 were sold by Chambers Douglas W. On Thursday, August 16 the insider Butman James W sold $1.13M. The insider McCahon Jane W sold 12,761 shares worth $387,679. Another trade for 500 shares valued at $13,145 was sold by Davis Clarence A. 54,312 shares were sold by Hanley Joseph R, worth $1.67 million on Tuesday, August 21. $801,695 worth of stock was sold by WILLIAMSON SCOTT H on Wednesday, March 28.

The stock of Telephone and Data Systems Inchares (NYSE:TDS) registered a decrease of 14.39% in short interest. TDS’s total short interest was 2.09M shares in September as published by FINRA. Its down 14.39% from 2.44 million shares, reported previously. With 481,300 shares average volume, it will take short sellers 4 days to cover their TDS’s short positions. The short interest to Telephone and Data Systems Inchares’s float is 2.17%.

The stock increased 1.74% or $0.52 during the last trading session, reaching $30.43. About 611,786 shares traded. Telephone and Data Systems, Inc. (NYSE:TDS) has risen 12.00% since September 30, 2017 and is uptrending. It has underperformed by 3.62% 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 $3.41 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 19.3 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 3 analysts covering Telephone and Data (NYSE:TDS), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Telephone and Data had 3 analyst reports since May 2, 2018 according to SRatingsIntel. As per Wednesday, May 2, the company rating was upgraded by Raymond James. The firm has “Buy” rating given on Wednesday, August 8 by Citigroup. The company was downgraded on Wednesday, July 11 by JP Morgan.

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

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