XTX Topco Ltd Has $444,000 Position in United States Cellular Co. (NYSE:USM)

XTX Topco Ltd cut its position in United States Cellular Co. (NYSE:USM) by 12.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,087 shares of the Wireless communications provider’s stock after selling 1,031 shares during the period. XTX Topco Ltd’s holdings in United States Cellular were worth $444,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in USM. American Century Companies Inc. grew its stake in United States Cellular by 12.4% in the fourth quarter. American Century Companies Inc. now owns 464,685 shares of the Wireless communications provider’s stock valued at $29,145,000 after acquiring an additional 51,362 shares during the period. Charles Schwab Investment Management Inc. increased its stake in United States Cellular by 20.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 172,948 shares of the Wireless communications provider’s stock worth $10,847,000 after purchasing an additional 29,927 shares in the last quarter. Geode Capital Management LLC raised its holdings in United States Cellular by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 169,238 shares of the Wireless communications provider’s stock worth $10,620,000 after buying an additional 3,057 shares during the period. State Street Corp lifted its stake in United States Cellular by 13.0% in the third quarter. State Street Corp now owns 106,343 shares of the Wireless communications provider’s stock valued at $5,812,000 after buying an additional 12,219 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of United States Cellular by 78.0% during the fourth quarter. JPMorgan Chase & Co. now owns 93,781 shares of the Wireless communications provider’s stock worth $5,882,000 after acquiring an additional 41,093 shares in the last quarter. 18.03% of the stock is owned by institutional investors.

United States Cellular Trading Down 2.9 %

NYSE USM opened at $66.69 on Tuesday. The company has a market cap of $5.67 billion, a PE ratio of -185.24 and a beta of 0.40. United States Cellular Co. has a 12 month low of $33.75 and a 12 month high of $70.79. The stock has a 50 day moving average of $66.29 and a 200-day moving average of $63.55. The company has a current ratio of 1.57, a quick ratio of 1.39 and a debt-to-equity ratio of 0.63.

United States Cellular (NYSE:USM) last released its quarterly earnings data on Friday, February 21st. The Wireless communications provider reported $0.05 earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.15. United States Cellular had a negative net margin of 0.79% and a positive return on equity of 1.55%. The company had revenue of $970.00 million for the quarter, compared to analyst estimates of $964.70 million. During the same period in the previous year, the business earned $0.23 EPS. On average, equities research analysts anticipate that United States Cellular Co. will post 0.57 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on USM shares. StockNews.com raised United States Cellular from a “sell” rating to a “hold” rating in a research report on Friday, February 21st. JPMorgan Chase & Co. increased their target price on shares of United States Cellular from $86.00 to $88.00 and gave the stock an “overweight” rating in a report on Monday, February 24th.

About United States Cellular

United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides wireless devices, such as handsets, tablets, mobile hotspots, home phones, and routers, as well as wireless essentials, including cases, screen protectors, chargers, and memory cards; and consumer electronics comprising audio, home automation, and networking products.