United States Cellular Corp (USM) Given Consensus Rating of “Hold” by Analysts

Shares of United States Cellular Corp (NYSE:USM) have received a consensus rating of “Hold” from the six brokerages that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $30.00.

A number of research firms have recently weighed in on USM. ValuEngine downgraded shares of United States Cellular from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Zacks Investment Research downgraded shares of United States Cellular from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 14th.

Several institutional investors have recently bought and sold shares of USM. Citigroup Inc. increased its holdings in shares of United States Cellular by 2,940.5% in the 2nd quarter. Citigroup Inc. now owns 3,375 shares of the Wireless communications provider’s stock worth $130,000 after buying an additional 3,264 shares during the last quarter. MUFG Americas Holdings Corp bought a new stake in shares of United States Cellular in the 3rd quarter worth about $218,000. SG Americas Securities LLC bought a new stake in shares of United States Cellular in the 4th quarter worth about $246,000. Virtu Financial LLC bought a new stake in shares of United States Cellular in the 4th quarter worth about $253,000. Finally, Public Employees Retirement System of Ohio increased its holdings in shares of United States Cellular by 8.3% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 6,710 shares of the Wireless communications provider’s stock worth $257,000 after buying an additional 515 shares during the last quarter. Hedge funds and other institutional investors own 14.51% of the company’s stock.

Shares of United States Cellular (NYSE USM) traded up $0.18 during midday trading on Friday, reaching $33.39. 14,738 shares of the company’s stock were exchanged, compared to its average volume of 88,917. United States Cellular has a one year low of $32.06 and a one year high of $45.75. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.08 and a current ratio of 2.23. The company has a market cap of $2,799.90, a P/E ratio of 84.46, a P/E/G ratio of 122.00 and a beta of 0.60.

WARNING: “United States Cellular Corp (USM) Given Consensus Rating of “Hold” by Analysts” was originally reported by Week Herald and is the property of of Week Herald. If you are reading this news story on another domain, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this news story can be viewed at https://weekherald.com/2018/02/15/united-states-cellular-corp-usm-given-consensus-rating-of-hold-by-analysts.html.

United States Cellular Company Profile

United States Cellular Corporation (U.S. Cellular) is a provider of wireless telecommunication services. The Company’s wireless operating markets are in the United States. U.S. Cellular provides service to postpaid and prepaid customers from a range of demographic segments. The Company focuses on retail consumers, government and small-to-mid-size business customers in industries, such as construction, retail, professional services and real estate.

Receive News & Ratings for United States Cellular Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Cellular and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply