19,000 Shares in United States Cellular Co. (NYSE:USM) Acquired by Jump Financial LLC

Jump Financial LLC purchased a new stake in shares of United States Cellular Co. (NYSE:USM - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 19,000 shares of the Wireless communications provider's stock, valued at approximately $789,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bfsg LLC acquired a new position in United States Cellular in the 4th quarter valued at $137,000. DekaBank Deutsche Girozentrale acquired a new stake in United States Cellular in the 3rd quarter worth $149,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in United States Cellular by 226.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,463 shares of the Wireless communications provider's stock worth $149,000 after purchasing an additional 2,403 shares during the last quarter. Aigen Investment Management LP acquired a new stake in United States Cellular in the 3rd quarter worth $206,000. Finally, Graham Capital Management L.P. acquired a new stake in United States Cellular in the 3rd quarter worth $228,000. Institutional investors own 18.03% of the company's stock.

United States Cellular Price Performance

Shares of United States Cellular stock traded down $0.66 during trading on Monday, hitting $44.44. 313,368 shares of the company's stock traded hands, compared to its average volume of 260,902. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.67 and a quick ratio of 1.46. The firm's fifty day moving average price is $37.27 and its 200 day moving average price is $39.76. United States Cellular Co. has a twelve month low of $13.79 and a twelve month high of $49.89. The company has a market cap of $3.78 billion, a PE ratio of 66.32 and a beta of 0.45.

United States Cellular (NYSE:USM - Get Free Report) last issued its earnings results on Friday, May 3rd. The Wireless communications provider reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.06). United States Cellular had a net margin of 1.55% and a return on equity of 1.30%. The business had revenue of $950.00 million for the quarter, compared to analyst estimates of $957.75 million. During the same quarter last year, the firm posted $0.15 earnings per share. United States Cellular's revenue was down 3.7% on a year-over-year basis. Analysts forecast that United States Cellular Co. will post 0.58 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. decreased their price target on shares of United States Cellular from $52.00 to $51.00 and set an "overweight" rating on the stock in a research report on Monday, May 13th.

United States Cellular Profile

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.