$0.22 EPS Expected for United States Cellular (USM); Bancroft Fund Limited (NYSEMKT:BCV) SI Increased By 1325%

July 26, 2017 - By Stephen Andrade

Bancroft Fund Limited (NYSEMKT:BCV) had an increase of 1325% in short interest. BCV’s SI was 5,700 shares in July as released by FINRA. Its up 1325% from 400 shares previously. With 11,700 avg volume, 1 days are for Bancroft Fund Limited (NYSEMKT:BCV)’s short sellers to cover BCV’s short positions. About 8,011 shares traded. Bancroft Fund Ltd. (NYSEMKT:BCV) has risen 18.43% since July 26, 2016 and is uptrending. It has outperformed by 1.73% the S&P500.

Analysts expect United States Cellular Corp (NYSE:USM) to report $0.22 EPS on August, 4.They anticipate $0.10 EPS change or 31.25% from last quarter’s $0.32 EPS. USM’s profit would be $19.10 million giving it 43.84 P/E if the $0.22 EPS is correct. After having $0.18 EPS previously, United States Cellular Corp’s analysts see 22.22% EPS growth. About 11,070 shares traded. United States Cellular Corp (NYSE:USM) has risen 6.40% since July 26, 2016 and is uptrending. It has underperformed by 10.30% the S&P500.

Investors sentiment increased to 2.29 in Q4 2016. Its up 1.37, from 0.92 in 2016Q3. It increased, as 1 investors sold Bancroft Fund Ltd. shares while 6 reduced holdings. 5 funds opened positions while 11 raised stakes. 689,091 shares or 3.32% less from 712,718 shares in 2016Q3 were reported. Ancora Limited Liability stated it has 1,500 shares. Gabelli & Invest Advisers Inc, a New York-based fund reported 55,400 shares. Morgan Stanley reported 160,819 shares stake. Blue Bell Private Wealth Mgmt Ltd Liability holds 156 shares or 0% of its portfolio. Concert Wealth Management stated it has 0.05% in Bancroft Fund Ltd. (NYSEMKT:BCV). Oppenheimer And invested 0.01% of its portfolio in Bancroft Fund Ltd. (NYSEMKT:BCV). Saba Cap Management L P owns 15,970 shares. Guggenheim Capital Limited Liability Corporation invested in 0.01% or 105,596 shares. Royal State Bank Of Canada invested 0% of its portfolio in Bancroft Fund Ltd. (NYSEMKT:BCV). Creative Planning owns 0% invested in Bancroft Fund Ltd. (NYSEMKT:BCV) for 104 shares. Lpl Limited Company holds 20,650 shares or 0% of its portfolio. Advsr Asset Mngmt Inc reported 0.05% of its portfolio in Bancroft Fund Ltd. (NYSEMKT:BCV). Pnc Financial Svcs Inc reported 5,332 shares. Landscape Cap Ltd Liability Co, a New Jersey-based fund reported 10,461 shares. Ameriprise Financial reported 10,618 shares.

Bancroft Fund Ltd. is a diversified closed-end management investment company. The company has market cap of $117.77 million. The Fund’s primary investment objective is to provide income and the potential for capital appreciation, which objectives the Fund considers to be relatively equal over the long term due to the nature of the securities in which it invests. It has a 6.58 P/E ratio. The Fund invests primarily in convertible and equity securities.

Among 4 analysts covering United States Cellular Corp (NYSE:USM), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. United States Cellular Corp had 7 analyst reports since August 5, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, December 14 by Morgan Stanley. The company was downgraded on Monday, February 27 by Raymond James. The firm earned “Neutral” rating on Monday, January 4 by JP Morgan. The stock has “Underperform” rating by FBR Capital on Monday, November 2. The rating was upgraded by Zacks to “Hold” on Wednesday, August 5. FBR Capital maintained United States Cellular Corp (NYSE:USM) rating on Friday, February 26. FBR Capital has “Underperform” rating and $33 target.

Since March 22, 2017, it had 0 insider purchases, and 5 sales for $854,566 activity. HARCZAK HARRY J JR had sold 2,800 shares worth $103,075. Crowley J Samuel also sold $82,338 worth of United States Cellular Corp (NYSE:USM) on Monday, May 1. The insider DALY RONALD E sold 2,115 shares worth $79,418. 6,755 United States Cellular Corp (NYSE:USM) shares with value of $261,556 were sold by Drake Deirdre. ELLISON JAY sold $328,179 worth of stock.

United States Cellular Corporation is a well-known provider of wireless telecommunication services. It has a 50.69 P/E ratio. The Company’s wireless operating markets are in the United States.

Investors sentiment increased to 1.1 in Q4 2016. Its up 0.22, from 0.88 in 2016Q3. It is positive, as 10 investors sold United States Cellular Corp shares while 38 reduced holdings. 19 funds opened positions while 34 raised stakes. 12.31 million shares or 0.29% more from 12.28 million shares in 2016Q3 were reported. Blackrock Institutional Trust Comm Na reported 0% of its portfolio in United States Cellular Corp (NYSE:USM). Schwab Charles Invest Mngmt Inc reported 33,205 shares stake. Illinois-based Peak6 Invests Ltd Partnership has invested 0% in United States Cellular Corp (NYSE:USM). Rhumbline Advisers stated it has 11,365 shares or 0% of all its holdings. National Bank & Trust Of America De has 0% invested in United States Cellular Corp (NYSE:USM) for 24,524 shares. Credit Suisse Ag reported 37,516 shares. Great West Life Assurance Co Can stated it has 0% of its portfolio in United States Cellular Corp (NYSE:USM). Tudor Et Al holds 7,700 shares or 0.01% of its portfolio. Moreover, Panagora Asset has 0% invested in United States Cellular Corp (NYSE:USM) for 4,453 shares. Nuveen Asset Mngmt Ltd Liability Corporation owns 13,012 shares. State Of Wisconsin Board reported 0% stake. Gamco Et Al, New York-based fund reported 2.93 million shares. Numeric Limited Liability Corporation stated it has 9,300 shares. Goldman Sachs Group Inc Inc invested in 0% or 17,488 shares. Wells Fargo And Com Mn owns 11,174 shares for 0% of their portfolio.

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