United States Cellular
About: us Cellular is a regional wireless carrier that serves about 4.5 million customers spread across four major geographic clusters: the Midwest, mid-Atlantic, New England, and the Pacific Northwest. These service territories encompass a total population of about 32 million people. The vast majority of the markets the firm serves are rural or second/third-tier cities, with only the greater Milwaukee and Oklahoma City regions boasting populations greater than 1 million. us Cellular also owns a 5.5% stake in Verizon Wireless' Los Angeles operations and, unlike its wireless carrier peers, owns most of its own towers. The firm has agreed to sell its wireless operations and 30% of its wireless spectrum licenses to T-Mobile, a transaction that it expects to close in mid-2025.
Employees: 4,300
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
344% more call options, than puts
Call options by funds: $17.4M | Put options by funds: $3.92M
2.27% less ownership
Funds ownership: 29.57% [Q2] → 27.3% (-2.27%) [Q3]
8% less funds holding
Funds holding: 143 [Q2] → 132 (-11) [Q3]
9% less capital invested
Capital invested by funds: $872M [Q2] → $791M (-$81M) [Q3]
18% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 40
36% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 28
67% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 1 (-2) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Raymond James Ric Prentiss 40% 1-year accuracy 6 / 15 met price target | 34%upside $86 | Outperform Upgraded | 7 Nov 2024 |
Wells Fargo Eric Luebchow 64% 1-year accuracy 27 / 42 met price target | 33%upside $85 | Overweight Maintained | 4 Nov 2024 |
Financial journalist opinion
