United States CellularUSM
Market Cap: 4.49B
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 Q1 SEC filings by fund managers ($100M+ AUM)
429% more call options, than puts
Call options by funds: $76.2M | Put options by funds: $14.4M
100% more funds holding in top 10
Funds holding in top 10: 0 [Q4 2023] → 1 (+1) [Q1 2024]
0.3% less ownership
Funds ownership: 29.4% [Q4 2023] → 29.1% (-0.3%) [Q1 2024]
13% less capital invested
Capital invested by funds: $635M [Q4 2023] → $552M (-$82.8M) [Q1 2024]
15% less funds holding
Funds holding: 137 [Q4 2023] → 116 (-21) [Q1 2024]
17% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 46
66% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 32
Research analyst outlook
3 Wall Street Analysts provided 1 year price forecasts over the past 6 months
3 analyst ratings
Wells Fargo Eric Luebchow | 44%upside $75 | Overweight Upgraded | 30 May 2024 |
JP Morgan Sebastiano Petti | 32%upside $69 | Overweight Maintained | 29 May 2024 |
JP Morgan Sebastiano Petti | 2%downside $51 | Overweight Maintained | 13 May 2024 |
Financial journalist opinion
Based on 3 articles about USM published over the past 30 days