Franklin Resources Lowered Logitech Intl S A (LOGI) Position; Telephone & Data Systems Has 1.05 Sentiment

June 14, 2018 - By Henry Gaston

Telephone and Data Systems, Inc. (NYSE:TDS) Logo

Franklin Resources Inc decreased Logitech Intl S A (LOGI) stake by 18.82% reported in 2018Q1 SEC filing. Franklin Resources Inc sold 343,400 shares as Logitech Intl S A (LOGI)’s stock rose 0.72%. The Franklin Resources Inc holds 1.48 million shares with $54.41 million value, down from 1.82 million last quarter. Logitech Intl S A now has $7.58B valuation. The stock increased 2.33% or $1.05 during the last trading session, reaching $46.07. About 326,076 shares traded or 3.55% up from the average. Logitech International S.A. (NASDAQ:LOGI) has risen 10.17% since June 14, 2017 and is uptrending. It has underperformed by 2.40% the S&P500. Some Historical LOGI News: ; 04/05/2018 – LOGITECH INTERNATIONAL SA LOGN.S : UBS RAISES TARGET PRICE TO SFR 47 FROM SFR 43; 02/05/2018 – LOGITECH FY OPER INCOME $230M; 13/04/2018 – Detailed Research: Economic Perspectives on ICON, Melco Resorts & Entertainment, Kornit Digital, MercadoLibre, Logitech Interna; 02/05/2018 – LOGITECH CONFIRMS ’19 OUTLOOK OF HIGH SINGLE-DIGIT SALES GROWTH; 05/03/2018 – LOGITECH INTERNATIONAL SA LOGN.S – SEES $310 MLN TO $320 MLN IN NON-GAAP OPERATING INCOME FOR 2019; 06/03/2018 – Logitech CEO says big acquisitions unlikely as it targets sustained growth; 05/03/2018 Logitech Forecasts Continued Robust Growth for Fiscal Year 2019; 05/03/2018 – Logitech Reaffirms FY18 Sales Growth View of 12%-14%; 02/05/2018 – LOGITECH FY SALES $2.57B, EST. $2.53B; 02/05/2018 – LOGITECH FY NET INCOME $208.5M

Telephone & Data Systems Inc (TDS) investors sentiment decreased to 1.05 in Q1 2018. It’s down -0.50, from 1.55 in 2017Q4. The ratio dropped, as 103 funds increased or opened new positions, while 98 sold and trimmed equity positions in Telephone & Data Systems Inc. The funds in our database now own: 89.05 million shares, down from 89.16 million shares in 2017Q4. Also, the number of funds holding Telephone & Data Systems Inc in top ten positions was flat from 1 to 1 for the same number . Sold All: 18 Reduced: 80 Increased: 70 New Position: 33.

The stock increased 2.24% or $0.59 during the last trading session, reaching $26.9. About 214,019 shares traded. Telephone and Data Systems, Inc. (TDS) has declined 8.94% since June 14, 2017 and is downtrending. It has underperformed by 21.51% the S&P500. Some Historical TDS News: ; 29/03/2018 – Telephone & Data Systems Sets 2018 Officer Bonus Program; 24/05/2018 – TDS names John M. Toomey vice president and treasurer; 01/05/2018 – Telephone & Data Sys 1Q Net $39M; 02/05/2018 – Telephone & Data Presenting at JPMorgan Conference May 16; 24/05/2018 – Telephone & Data Sys Declares Dividend of 16c; 19/04/2018 – DJ Telephone and Data Systems Inc, Inst Holders, 1Q 2018 (TDS); 03/04/2018 – Telephone & Data Closes Above 200-Day Moving Average; 01/05/2018 – TDS REAFFIRMS FORECAST FOR YEAR; 23/04/2018 – Telephone & Data Forms Golden Cross: Technicals; 24/05/2018 – Telephone & Data Systems Names James W. Butman to Board

Analysts await Telephone and Data Systems, Inc. (NYSE:TDS) to report earnings on August, 3. They expect $0.23 EPS, up 155.56% or $0.14 from last year’s $0.09 per share. TDS’s profit will be $25.66M for 29.24 P/E if the $0.23 EPS becomes a reality. After $0.34 actual EPS reported by Telephone and Data Systems, Inc. for the previous quarter, Wall Street now forecasts -32.35% negative EPS growth.

Eidelman Virant Capital holds 2.77% of its portfolio in Telephone and Data Systems, Inc. for 151,004 shares. Nwi Management Lp owns 750,000 shares or 1.76% of their US portfolio. Moreover, Sadoff Investment Management Llc has 1.36% invested in the company for 576,570 shares. The New York-based Contour Asset Management Llc has invested 0.94% in the stock. Private Management Group Inc, a California-based fund reported 601,912 shares.

Telephone and Data Systems, Inc., a telecommunications company, provides wireless, wireline, cable, and hosted and managed services in the United States. The company has market cap of $3.00 billion. The firm offers cellular services, such as postpaid national plans and prepaid service plans with voice, messaging, and data usage options; shared data plans that include unlimited voice and unlimited messaging; and business rate plans. It has a 19.64 P/E ratio. It also offers wireless devices comprising handsets, tablets, mobile hotspots, home phones, and routers; and including accessories, including wireless basics, such as cases, screen protectors, chargers, and memory cards, as well as an assortment of consumer electronics comprising headphones, speakers, and hands-free devices.

More recent Telephone and Data Systems, Inc. (NYSE:TDS) news were published by: Prnewswire.com which released: “James W. Butman elected to TDS Board of Directors” on May 24, 2018. Also Prnewswire.com published the news titled: “TDS announces second quarter 2018 dividend” on May 24, 2018. Prweb.com‘s news article titled: “OneNeck IT Solutions named to CRN’s 2018 Solution Provider 500 list” with publication date: June 05, 2018 was also an interesting one.

Since January 1, 0001, it had 0 insider buys, and 4 insider sales for $8.69 million activity.

Analysts await Logitech International S.A. (NASDAQ:LOGI) to report earnings on July, 23. They expect $0.07 EPS, down 68.18% or $0.15 from last year’s $0.22 per share. LOGI’s profit will be $11.52M for 164.54 P/E if the $0.07 EPS becomes a reality. After $0.25 actual EPS reported by Logitech International S.A. for the previous quarter, Wall Street now forecasts -72.00% negative EPS growth.

Investors sentiment increased to 1.15 in 2018 Q1. Its up 0.40, from 0.75 in 2017Q4. It increased, as 14 investors sold LOGI shares while 38 reduced holdings. 26 funds opened positions while 34 raised stakes. 49.87 million shares or 2.66% less from 51.23 million shares in 2017Q4 were reported. First Trust Advisors Limited Partnership stated it has 0% in Logitech International S.A. (NASDAQ:LOGI). 1.48 million are owned by Franklin Res. Bluemountain Capital Management Limited Co holds 448,682 shares or 0.38% of its portfolio. Moreover, Dimensional Fund LP has 0.01% invested in Logitech International S.A. (NASDAQ:LOGI) for 327,065 shares. Barclays Plc owns 493,237 shares or 0.01% of their US portfolio. Columbus Circle Investors holds 0.19% or 254,245 shares. Parametric Assocs Limited Liability Com holds 0% of its portfolio in Logitech International S.A. (NASDAQ:LOGI) for 6,142 shares. Atlantic Ltd stated it has 1,000 shares or 0% of all its holdings. Acadian Asset Limited Liability Corp owns 175,646 shares for 0.03% of their portfolio. Scotia Cap Incorporated invested 0.01% in Logitech International S.A. (NASDAQ:LOGI). Fifth Third Bancorp stated it has 0% in Logitech International S.A. (NASDAQ:LOGI). Jackson Square Prtnrs Ltd Limited Liability Company has 0.4% invested in Logitech International S.A. (NASDAQ:LOGI). Ameriprise Finance Inc accumulated 15,762 shares. Brookstone Mgmt holds 0.02% or 5,561 shares. Stifel Corp reported 0% stake.

Franklin Resources Inc increased Cadence Design System Inc (NASDAQ:CDNS) stake by 116,837 shares to 563,243 valued at $20.71M in 2018Q1. It also upped Minerals Technologies Inc (NYSE:MTX) stake by 125,518 shares and now owns 859,237 shares. Constellation Brands Inc (NYSE:STZ) was raised too.

More important recent Logitech International S.A. (NASDAQ:LOGI) news were published by: Globenewswire.com which released: “Detailed Research: Economic Perspectives on Galapagos NV, Cellectis SA, MediciNova, Logitech International SA …” on June 05, 2018, also Streetinsider.com published article titled: “Logitech (LOGI) NDR Shows The Company Diversifying To Dampen Results Volatility – Citi”, Businesswire.com published: “Logitech Files Annual Report on Form 10-K” on May 21, 2018. More interesting news about Logitech International S.A. (NASDAQ:LOGI) was released by: Gurufocus.com and their article: “Logitech International SA (LOGI) Files 10-K for the Fiscal Year Ended on March 31, 2018” with publication date: May 21, 2018.

Since January 23, 2018, it had 0 insider purchases, and 9 insider sales for $25.67 million activity. Sullivan L Joseph sold $1.66 million worth of Logitech International S.A. (NASDAQ:LOGI) on Friday, February 2. $4.56 million worth of stock was sold by Pilette Vincent on Friday, May 4. 23,041 shares valued at $990,302 were sold by Davis Sally on Monday, January 29. Stolk Marcel sold $2.42M worth of stock. Darrell Bracken sold $4.15M worth of Logitech International S.A. (NASDAQ:LOGI) on Friday, January 26. $611,250 worth of Logitech International S.A. (NASDAQ:LOGI) was sold by De Luca Guerrino.

Among 10 analysts covering Logitech Intl SA (NASDAQ:LOGI), 5 have Buy rating, 2 Sell and 3 Hold. Therefore 50% are positive. Logitech Intl SA had 12 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was downgraded by UBS to “Neutral” on Tuesday, August 23. JP Morgan maintained Logitech International S.A. (NASDAQ:LOGI) on Wednesday, January 24 with “Neutral” rating. The company was initiated on Tuesday, April 5 by Sterne Agee CRT. The firm has “Sell” rating given on Tuesday, February 6 by J.P. Morgan. The stock of Logitech International S.A. (NASDAQ:LOGI) earned “Neutral” rating by JP Morgan on Thursday, October 27. The stock has “Buy” rating by Citigroup on Wednesday, January 24. Rosenblatt initiated the stock with “Buy” rating in Wednesday, August 19 report. The firm earned “Underweight” rating on Tuesday, February 6 by JP Morgan. The firm earned “Equal-Weight” rating on Wednesday, August 10 by Morgan Stanley.

Telephone and Data Systems, Inc. (NYSE:TDS) Institutional Positions Chart

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