As Verizon Communications (VZ) Share Price Rose, Shareholder Quaker Capital Investments Has Decreased Its Holding by $800.85 Million; Telephone & Data Sys (TDS) Holder Eidelman Virant Capital Lowered Position by $2.31 Million as Valuation Rose

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Eidelman Virant Capital decreased its stake in Telephone & Data Sys Inc (TDS) by 51.73% based on its latest 2018Q3 regulatory filing with the SEC. Eidelman Virant Capital sold 77,000 shares as the company’s stock rose 16.90% while stock markets declined. The institutional investor held 71,850 shares of the public utilities company at the end of 2018Q3, valued at $2.19 million, down from 148,850 at the end of the previous reported quarter. Eidelman Virant Capital who had been investing in Telephone & Data Sys Inc for a number of months, seems to be less bullish one the $4.08 billion market cap company. The stock decreased 1.66% or $0.61 during the last trading session, reaching $36.12. About 753,864 shares traded. Telephone and Data Systems, Inc. (NYSE:TDS) has risen 29.93% since January 15, 2018 and is uptrending. It has outperformed by 29.93% the S&P500. Some Historical TDS News: 03/04/2018 – Telephone & Data Closes Above 200-Day Moving Average; 25/04/2018 – ComScore: Paramount Pictures Subscribes to TDS Distribution Software; 16/05/2018 – Telephone & Data Systems to Use Credit Facility for General Corporate Purposes; 16/05/2018 – Telephone & Data Systems in $400 Million Credit Pact With Wells Fargo, Other Lenders; 16/05/2018 – TELEPHONE AND DATA SYSTEMS SAYS ENTERED INTO A $400 MLN CREDIT AGREEMENT – SEC FILING; 01/05/2018 – TELEPHONE & DATA 1Q EPS 34C; 24/05/2018 – TDS names John M. Toomey vice president and treasurer; 01/05/2018 – TDS REAFFIRMS FORECAST FOR YEAR; 15/05/2018 – Telephone & Data Presenting at JPMorgan Conference Tomorrow; 29/03/2018 – Telephone & Data 2018 Plan Provides 80% of Bonus Will Be Based on Quantitative Company Performance and 20% on Individual Performance

Quaker Capital Investments Llc decreased its stake in Verizon Communications Inc (VZ) by 39.02% based on its latest 2018Q3 regulatory filing with the SEC. Quaker Capital Investments Llc sold 15,000 shares as the company’s stock rose 7.67% while stock markets declined. The institutional investor held 23,446 shares of the telecommunications equipment company at the end of 2018Q3, valued at $1.25 billion, down from 38,446 at the end of the previous reported quarter. Quaker Capital Investments Llc who had been investing in Verizon Communications Inc for a number of months, seems to be less bullish one the $239.78 billion market cap company. The stock increased 0.02% or $0.01 during the last trading session, reaching $58.03. About 11.34 million shares traded. Verizon Communications Inc. (NYSE:VZ) has risen 15.57% since January 15, 2018 and is uptrending. It has outperformed by 15.57% the S&P500. Some Historical VZ News: 24/04/2018 – VERIZON CFO: $234M IN 1Q CONNECTED VEHICLE REVENUE; 24/04/2018 – Verizon 1Q Total Fios Rev Growth 1.9%; 14/05/2018 – Verizon announces ThingSpace Ready, a program to help get cellular IoT solutions to market quickly, reliably and cost effective; 30/04/2018 – Facebook, Google and Netflix pay a higher median salary than Exxon, Goldman Sachs or Verizon:; 11/05/2018 – VERIZON TO BUYBACK DEBT SECURITIES; 25/04/2018 – Dubai’s Delta Partners Hires Ex-Verizon Strategy Chief Chestnutt; 22/03/2018 – SYNCHRONOSS TECHNOLOGIES INC – RENEWED EXISTING AGREEMENT WITH VERIZON TO POWER VERIZON’S CLOUD SOLUTION FOR WIRELESS CUSTOMERS FOR ADDITIONAL 5 YEARS; 11/05/2018 – Cusick added that Verizon has no plan to establish its own video streaming platform but it plans to announce a partnership soon; 23/04/2018 – Telecoms Slightly Higher Before Verizon Earnings — Telecoms Roundup; 20/04/2018 – Boston Metro: U.S. said to investigate AT&T, Verizon over wireless collusion claim

Investors sentiment increased to 1.23 in Q3 2018. Its up 0.12, from 1.11 in 2018Q2. It is positive, as 14 investors sold TDS shares while 77 reduced holdings. 35 funds opened positions while 77 raised stakes. 89.97 million shares or 1.85% more from 88.33 million shares in 2018Q2 were reported. 100 are held by Perkins Coie Trust. Verition Fund has invested 0.03% in Telephone and Data Systems, Inc. (NYSE:TDS). Ameritas Invest Prns Incorporated holds 44,689 shares. Whittier Trust Of Nevada holds 0% of its portfolio in Telephone and Data Systems, Inc. (NYSE:TDS) for 1,878 shares. North Star Invest Mgmt Corporation accumulated 165 shares or 0% of the stock. Asset Mgmt holds 0.31% or 624,918 shares in its portfolio. Trexquant Investment Limited Partnership invested in 0.06% or 26,295 shares. The Texas-based Utd Services Automobile Association has invested 0% in Telephone and Data Systems, Inc. (NYSE:TDS). Alliancebernstein LP stated it has 58,485 shares. Numerixs Investment Technologies holds 0.02% of its portfolio in Telephone and Data Systems, Inc. (NYSE:TDS) for 3,400 shares. Moreover, Hbk Invs LP has 0.04% invested in Telephone and Data Systems, Inc. (NYSE:TDS) for 121,232 shares. Mason Street Advsrs Limited accumulated 47,293 shares. Sei Invests holds 1,953 shares. Macquarie has 1,300 shares. Pnc Serv Gp accumulated 0% or 4,636 shares.

Analysts await Telephone and Data Systems, Inc. (NYSE:TDS) to report earnings on February, 22. They expect $0.14 earnings per share, up 180.00% or $0.09 from last year’s $0.05 per share. TDS’s profit will be $15.81 million for 64.50 P/E if the $0.14 EPS becomes a reality. After $0.40 actual earnings per share reported by Telephone and Data Systems, Inc. for the previous quarter, Wall Street now forecasts -65.00% negative EPS growth.

Eidelman Virant Capital, which manages about $285.00 million and $204.12 million US Long portfolio, upped its stake in Noodles & Company Class A (NASDAQ:NDLS) by 69,405 shares to 784,696 shares, valued at $9.49M in 2018Q3, according to the filing. It also increased its holding in Psb Holdings Inc (NASDAQ:PSBH) by 33,857 shares in the quarter, for a total of 52,956 shares, and has risen its stake in Bancorp Inc Del (NASDAQ:TBBK).

Among 3 analysts covering Telephone and Data Systems (NYSE:TDS), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Telephone and Data Systems had 6 analyst reports since January 4, 2016 according to SRatingsIntel. As per Wednesday, July 11, the company rating was downgraded by JP Morgan. The firm has “Outperform” rating given on Tuesday, November 6 by Raymond James. The firm has “Neutral” rating given on Monday, January 4 by JP Morgan. The firm has “Buy” rating by Citigroup given on Wednesday, August 8. Raymond James downgraded the shares of TDS in report on Monday, February 27 to “Mkt Perform” rating. The rating was upgraded by Raymond James to “Outperform” on Wednesday, May 2.

More recent Telephone and Data Systems, Inc. (NYSE:TDS) news were published by: Seekingalpha.com which released: “U.S. Cellular, TDS tumble as JPMorgan bears up – Seeking Alpha” on July 11, 2018. Also Seekingalpha.com published the news titled: “Telephone and Data Systems, Inc. (TDS) CEO Ken Meyers on Q3 2018Results – Earnings Call Transcript – Seeking Alpha” on November 02, 2018. Prnewswire.com‘s news article titled: “TDS and US Cellular to present at Citi Global TMT West Conference – PRNewswire” with publication date: January 03, 2019 was also an interesting one.

Since August 16, 2018, it had 0 insider buys, and 12 sales for $12.57 million activity. McCahon Jane W sold 12,761 shares worth $387,679. Davis Clarence A sold $10,407 worth of stock or 300 shares. Shares for $1.13M were sold by Butman James W on Thursday, August 16. Chambers Douglas W had sold 16,455 shares worth $564,822 on Tuesday, November 6. Hanley Joseph R sold $1.67M worth of stock.

Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on January, 29 before the open. They expect $1.10 earnings per share, up 27.91% or $0.24 from last year’s $0.86 per share. VZ’s profit will be $4.55 billion for 13.19 P/E if the $1.10 EPS becomes a reality. After $1.22 actual earnings per share reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts -9.84% negative EPS growth.

Among 35 analysts covering Verizon Communications Inc. (NYSE:VZ), 15 have Buy rating, 0 Sell and 20 Hold. Therefore 43% are positive. Verizon Communications Inc. had 95 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Verizon Communications Inc. (NYSE:VZ) has “Hold” rating given on Monday, September 7 by Zacks. The firm has “Buy” rating by Nomura given on Wednesday, January 24. The stock of Verizon Communications Inc. (NYSE:VZ) has “Equal-Weight” rating given on Tuesday, September 4 by Barclays Capital. The firm has “Buy” rating by UBS given on Wednesday, April 25. The stock of Verizon Communications Inc. (NYSE:VZ) has “Neutral” rating given on Monday, December 3 by JP Morgan. SunTrust maintained it with “Hold” rating and $58.0 target in Tuesday, January 23 report. Argus Research maintained the stock with “Buy” rating in Wednesday, October 21 report. Jefferies maintained it with “Hold” rating and $5700 target in Wednesday, April 25 report. The firm has “Hold” rating by RBC Capital Markets given on Sunday, September 17. The stock of Verizon Communications Inc. (NYSE:VZ) has “Hold” rating given on Wednesday, October 4 by Robert W. Baird.

More notable recent Verizon Communications Inc. (NYSE:VZ) news were published by: Fool.com which released: “Better Buy: AT&T vs. Verizon – The Motley Fool” on December 26, 2018, also Seekingalpha.com with their article: “Verizon And Its Real Value – Seeking Alpha” published on December 21, 2018, Investorplace.com published: “3 Big Stock Charts for Thursday: McCormick & Co, Verizon and Alexandria Real Estate Equities – Investorplace.com” on December 20, 2018. More interesting news about Verizon Communications Inc. (NYSE:VZ) were released by: Benzinga.com and their article: “Carter Worth And Mike Khouw’s Verizon’s Technical Analysis (NYSE:VZ) – Benzinga” published on January 07, 2019 as well as Seekingalpha.com‘s news article titled: “How Safe Is Verizon’s 4% Dividend Yield? – Seeking Alpha” with publication date: December 31, 2018.

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