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Third Point LLC lessened its stake in Telephone and Data Systems, Inc. (NYSE:TDS – Free Report) by 31.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,136,832 shares of the Wireless communications provider’s stock after selling 1,000,000 shares during the quarter. Telephone […]
ORBA Wealth Advisors L.L.C. bought a new stake in Telephone and Data Systems, Inc. (NYSE:TDS – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 10,000 shares of the Wireless communications provider’s stock, valued at approximately $184,000. Several other institutional […]
Telephone and Data Systems (NYSE:TDS – Free Report) had its target price lowered by JPMorgan Chase & Co. from $36.00 to $34.00 in a research note published on Wednesday morning, Benzinga reports. The firm currently has an overweight rating on the Wireless communications provider’s stock. Separately, StockNews.com raised Telephone and Data Systems from a sell […]
The deal may signal the start of more consolidation in an industry with fewer players than ever.
Existing customers will be able to either keep their old plans or switch to a new T-Mobile one.