Telephone & Data Systems (TDS) : Nwi Management Lp scooped up 127,000 additional shares in Telephone & Data Systems during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 630,000 shares of Telephone & Data Systems which is valued at $16,109,100.Telephone & Data Systems makes up approximately 2.12% of Nwi Management Lp’s portfolio.
Other Hedge Funds, Including , Raymond James Financial Services Advisors reduced its stake in TDS by selling 3,171 shares or 8.68% in the most recent quarter. The Hedge Fund company now holds 33,355 shares of TDS which is valued at $852,887. Telephone & Data Systems makes up approx 0.01% of Raymond James Financial Services Advisors’s portfolio.New York State Teachers Retirement System reduced its stake in TDS by selling 900 shares or 0.49% in the most recent quarter. The Hedge Fund company now holds 181,093 shares of TDS which is valued at $4,603,384. Telephone & Data Systems makes up approx 0.01% of New York State Teachers Retirement System’s portfolio. First Eagle Investment Management sold out all of its stake in TDS during the most recent quarter. The investment firm sold 17,500 shares of TDS which is valued $453,250.Aperio Group boosted its stake in TDS in the latest quarter, The investment management firm added 3,739 additional shares and now holds a total of 17,624 shares of Telephone & Data Systems which is valued at $441,305.Louisiana State Employees Retirement System reduced its stake in TDS by selling 1,100 shares or 4.37% in the most recent quarter. The Hedge Fund company now holds 24,100 shares of TDS which is valued at $634,794. Telephone & Data Systems makes up approx 0.03% of Louisiana State Employees Retirement System’s portfolio.
Telephone & Data Systems opened for trading at $25.92 and hit $26.25 on the upside on Monday, eventually ending the session at $26.07, with a gain of 0.58% or 0.15 points. The heightened volatility saw the trading volume jump to 5,65,044 shares. Company has a market cap of $2,866 M.
On the company’s financial health, Telephone & Data Systems reported $0.11 EPS for the quarter, missing the analyst consensus estimate by $ -0.11 based on the information available during the earnings call on Nov 4, 2016. Analyst had a consensus of $0.22. The company had revenue of $1301.00 million for the quarter, compared to analysts expectations of $1323.51 million. The company’s revenue was down -5.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.46 EPS.
Telephone and Data Systems Inc. (TDS) is a diversified telecommunications company. The Company is engaged in providing telecommunications services. TDS conducts its Wireless operations through its subsidiary United States Cellular Corporation (U.S. Cellular). TDS provides Wireline services cable services and hosted and managed services through its wholly-owned subsidiary TDS Telecommunications Corporation. U.S. Cellular offers a range of Wireless devices such as handsets modems mobile hotspots home phone and tablets for use by its customers. TDS Telecom operates in three segments: Wireline which provides retail telecommunications services to residential and commercial customers; Cable which provides colocation and managed services and Hosted and Managed Services which offers a suite of information technology (IT) solutions including cloud and hosting solutions managed services enterprise resource planning application management professional services and IT hardware.