Milestone Asset Management LLC Acquires Shares of 28,444 Telephone and Data Systems, Inc. $TDS

Posted by George Bondi on Aug 13th, 2026

Milestone Asset Management LLC bought a new position in Telephone and Data Systems, Inc. (NYSE:TDS – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 28,444 shares of the Wireless communications provider’s stock, valued at approximately $1,053,000.

A number of other institutional investors also recently modified their holdings of the stock. Salomon & Ludwin LLC boosted its position in Telephone and Data Systems by 51.3% during the fourth quarter. Salomon & Ludwin LLC now owns 681 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 231 shares during the last quarter. JPL Wealth Management LLC acquired a new position in Telephone and Data Systems in the 3rd quarter worth about $33,000. Caitong International Asset Management Co. Ltd increased its position in Telephone and Data Systems by 2,779.5% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,123 shares of the Wireless communications provider’s stock worth $46,000 after purchasing an additional 1,084 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Telephone and Data Systems by 29.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,085 shares of the Wireless communications provider’s stock worth $46,000 after purchasing an additional 245 shares in the last quarter. Finally, Ameliora Wealth Management Ltd. purchased a new stake in shares of Telephone and Data Systems during the 1st quarter worth about $90,000. Institutional investors and hedge funds own 80.00% of the company’s stock.

Telephone and Data Systems Trading Down 0.1%

Telephone and Data Systems stock opened at $33.29 on Thursday. Telephone and Data Systems, Inc. has a one year low of $31.51 and a one year high of $49.12. The company’s fifty day moving average price is $36.17 and its two-hundred day moving average price is $41.18. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.43 and a quick ratio of 3.42. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 11.10 and a beta of 0.32.

Telephone and Data Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, June 16th. Telephone and Data Systems’s dividend payout ratio is 5.33%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Wall Street Zen raised Telephone and Data Systems from a “sell” rating to a “hold” rating in a research note on Saturday, May 30th. Weiss Ratings raised shares of Telephone and Data Systems from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Tuesday. Finally, Raymond James Financial cut shares of Telephone and Data Systems from an “outperform” rating to a “market perform” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $56.00.

Check Out Our Latest Stock Analysis on Telephone and Data Systems

Telephone and Data Systems Profile

(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.