Healthcare of Ontario Pension Plan Trust Fund Sells 131,600 Shares of Telephone and Data Systems, Inc. $TDS

Posted by Francis Steltz on Jun 16th, 2026

Healthcare of Ontario Pension Plan Trust Fund decreased its stake in shares of Telephone and Data Systems, Inc. (NYSE:TDS – Free Report) by 13.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 850,400 shares of the Wireless communications provider’s stock after selling 131,600 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Telephone and Data Systems were worth $34,866,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in TDS. Bessemer Group Inc. increased its holdings in shares of Telephone and Data Systems by 65.6% during the 3rd quarter. Bessemer Group Inc. now owns 699 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 277 shares during the period. Salomon & Ludwin LLC increased its holdings in shares of Telephone and Data Systems by 51.3% during the 4th quarter. Salomon & Ludwin LLC now owns 681 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 231 shares during the period. Jones Financial Companies Lllp lifted its position in Telephone and Data Systems by 121.3% in the third quarter. Jones Financial Companies Lllp now owns 830 shares of the Wireless communications provider’s stock worth $31,000 after purchasing an additional 455 shares during the period. JPL Wealth Management LLC bought a new position in Telephone and Data Systems in the third quarter worth $33,000. Finally, EverSource Wealth Advisors LLC lifted its position in Telephone and Data Systems by 191.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,311 shares of the Wireless communications provider’s stock worth $47,000 after purchasing an additional 861 shares during the period. Institutional investors own 80.00% of the company’s stock.

Telephone and Data Systems Stock Down 1.0%

Shares of NYSE TDS opened at $39.77 on Tuesday. The stock has a market cap of $4.53 billion, a PE ratio of 75.03 and a beta of 0.28. The business has a fifty day moving average of $42.68 and a two-hundred day moving average of $42.69. Telephone and Data Systems, Inc. has a 52-week low of $32.60 and a 52-week high of $49.12. The company has a debt-to-equity ratio of 0.16, a quick ratio of 3.42 and a current ratio of 3.43.

Telephone and Data Systems (NYSE:TDS – Get Free Report) last issued its quarterly earnings data on Friday, May 8th. The Wireless communications provider reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.87) by $1.98. The company had revenue of $309.45 million during the quarter, compared to analysts’ expectations of $313.28 million. Telephone and Data Systems had a return on equity of 5.54% and a net margin of 6.15%.The business’s revenue was up 6.5% on a year-over-year basis. During the same period last year, the business earned ($0.09) earnings per share. As a group, equities research analysts expect that Telephone and Data Systems, Inc. will post 0.94 earnings per share for the current fiscal year.

Telephone and Data Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, June 16th. Telephone and Data Systems’s payout ratio is currently 30.19%.

Wall Street Analyst Weigh In

TDS has been the subject of several research reports. Raymond James Financial cut Telephone and Data Systems from an “outperform” rating to a “market perform” rating in a research report on Monday, May 11th. Citigroup raised their target price on Telephone and Data Systems from $51.00 to $56.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Telephone and Data Systems in a research report on Friday, June 5th. Finally, Wall Street Zen raised Telephone and Data Systems from a “sell” rating to a “hold” rating in a report on Saturday, May 30th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $53.33.

Get Our Latest Research Report on TDS

About Telephone and Data Systems

(Free Report)

Telephone and Data Systems, Inc (NYSE: TDS) is a diversified telecommunications company headquartered in Chicago, Illinois. Through its subsidiaries, the company provides a broad array of communications services, including wireless voice and data, wireline broadband and voice, cable television, and managed IT and cloud solutions. Its two primary operating units—TDS Telecom and U.S. Cellular—serve residential, business and wholesale customers across the United States.

TDS Telecom focuses on delivering broadband internet, digital voice, video and data communications services in primarily rural and suburban markets.