$0.00 EPS Expected for Telephone & Data Systems, Inc. (TDS); Kingstown Capital Management LP Upped Cit Group (CIT) Holding By $4.20 Million

Analysts expect Telephone & Data Systems, Inc. (NYSE:TDS) to report $0.00 EPS on May, 5. About 313,253 shares traded. Telephone & Data Systems, Inc. (NYSE:TDS) has declined 5.11% since September 7, 2016 and is downtrending. It has underperformed by 12.37% the S&P500.

Kingstown Capital Management Lp increased Cit Group Inc (CIT) stake by 5.71% reported in 2016Q4 SEC filing. Kingstown Capital Management Lp acquired 100,000 shares as Cit Group Inc (CIT)’s stock rose 17.93%. The Kingstown Capital Management Lp holds 1.85M shares with $78.96M value, up from 1.75M last quarter. Cit Group Inc now has $8.71B valuation. The stock declined 0.99% or $0.43 reaching $42.98 on the news. About 593,043 shares traded. CIT Group Inc. (NYSE:CIT) has risen 19.82% since September 7, 2016 and is uptrending. It has outperformed by 12.56% the S&P500.

Since November 14, 2016, it had 0 insider buys, and 4 selling transactions for $1.26 million activity. $300,743 worth of CIT Group Inc. (NYSE:CIT) shares were sold by OATES R. BRAD. $214,809 worth of CIT Group Inc. (NYSE:CIT) was sold by GALLIGAN MATTHEW. $150,345 worth of CIT Group Inc. (NYSE:CIT) was sold by RYAN JOHN R on Monday, November 14. Another trade for 13,451 shares valued at $591,251 was sold by HUDAK JAMES L.

Among 17 analysts covering CIT Group (NYSE:CIT), 4 have Buy rating, 1 Sell and 12 Hold. Therefore 24% are positive. CIT Group had 31 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Underperform” rating given on Friday, April 29 by Bank of America. Oppenheimer maintained the stock with “Outperform” rating in Wednesday, November 4 report. The firm earned “Neutral” rating on Monday, August 15 by Credit Suisse. As per Friday, August 14, the company rating was reinitiated by Goldman Sachs. The stock of CIT Group Inc. (NYSE:CIT) has “Neutral” rating given on Monday, March 28 by Sterne Agee CRT. The rating was initiated by Deutsche Bank with “Hold” on Thursday, January 21. The rating was downgraded by Stifel Nicolaus to “Hold” on Friday, October 7. The company was maintained on Friday, July 29 by Barclays Capital. Oppenheimer maintained CIT Group Inc. (NYSE:CIT) on Tuesday, January 5 with “Outperform” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, November 9.

Kingstown Capital Management Lp decreased Hewlett Packard Enterprise C stake by 250,000 shares to 4.50M valued at $104.13 million in 2016Q4. It also reduced Ocwen Finl Corp (NYSE:OCN) stake by 2.50 million shares and now owns 6.00 million shares. New Residential Invt Corp (NYSE:NRZ) was reduced too.

Investors sentiment increased to 1.14 in 2016 Q4. Its up 0.11, from 1.03 in 2016Q3. It is positive, as 34 investors sold CIT shares while 99 reduced holdings. 51 funds opened positions while 100 raised stakes. 189.63 million shares or 1.06% more from 187.64 million shares in 2016Q3 were reported. Levin Capital Strategies Lp holds 0.02% or 23,502 shares in its portfolio. Bp Public Limited Company has invested 0.04% in CIT Group Inc. (NYSE:CIT). Moreover, Bessemer Group Inc has 0.02% invested in CIT Group Inc. (NYSE:CIT). Fire Grp holds 0.87% of its portfolio in CIT Group Inc. (NYSE:CIT) for 55,065 shares. 14,082 were reported by Centurylink Inv Management Co. California Employees Retirement System has invested 0.04% in CIT Group Inc. (NYSE:CIT). 11,734 were reported by International Gp Inc Inc. The Pennsylvania-based Hudock Capital Grp Ltd Liability has invested 0.01% in CIT Group Inc. (NYSE:CIT). Comerica Fincl Bank has 158,011 shares for 0.05% of their portfolio. Millennium Mgmt Ltd Llc holds 0.16% in CIT Group Inc. (NYSE:CIT) or 1.77M shares. Seawolf Capital Limited Liability reported 49,284 shares. Ubs Asset Mngmt Americas holds 496,999 shares. Metropolitan Life Ins New York, a New York-based fund reported 5,703 shares. 58,156 are owned by Fjarde Ap. Dnb Asset As has invested 0% in CIT Group Inc. (NYSE:CIT).

Telephone and Data Systems, Inc. is a diversified telecommunications company. The company has market cap of $2.94 billion. The Firm is engaged in conducting its Wireless activities through its subsidiary, United States Cellular Corporation , as well as providing its wireline services, cable services, and hosted and managed services (HMS), through its subsidiary, TDS Telecommunications Corporation (TDS Telecom).

Investors sentiment increased to 1.09 in Q4 2016. Its up 0.31, from 0.78 in 2016Q3. It increased, as 17 investors sold Telephone & Data Systems, Inc. shares while 83 reduced holdings. 27 funds opened positions while 82 raised stakes. 85.47 million shares or 0.47% more from 85.06 million shares in 2016Q3 were reported. Kansas-based Creative Planning has invested 0% in Telephone & Data Systems, Inc. (NYSE:TDS). Voya Invest Management Limited Com accumulated 29,752 shares. Aperio Group Ltd holds 26,603 shares or 0.01% of its portfolio. Renaissance Technology Limited Liability Corporation has 2.85 million shares for 0.13% of their portfolio. Barclays Public Limited Liability reported 18,298 shares or 0% of all its holdings. First Quadrant Limited Partnership Ca holds 0.16% of its portfolio in Telephone & Data Systems, Inc. (NYSE:TDS) for 264,310 shares. Old Mutual Customised Solutions (Proprietary) Limited owns 3,926 shares. Citadel Limited Company invested 0% in Telephone & Data Systems, Inc. (NYSE:TDS). D E Shaw And Co has 319,805 shares for 0.02% of their portfolio. Prospector Ptnrs Limited Company owns 0.14% invested in Telephone & Data Systems, Inc. (NYSE:TDS) for 32,500 shares. Globeflex Capital Lp has 19,825 shares for 0.14% of their portfolio. Natl Bank Of Montreal Can holds 7,322 shares or 0% of its portfolio. Invesco owns 0% invested in Telephone & Data Systems, Inc. (NYSE:TDS) for 205,775 shares. Retirement Systems Of Alabama has invested 0.03% of its portfolio in Telephone & Data Systems, Inc. (NYSE:TDS). Legal And General Gp Public Ltd Company stated it has 130,862 shares or 0% of all its holdings.