BCE, Inc. (BCE) Shares Bought by AHL Partners LLP

AHL Partners LLP raised its stake in shares of BCE, Inc. (NYSE:BCE) (TSE:BCE) by 125.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,950 shares of the utilities provider’s stock after purchasing an additional 45,570 shares during the quarter. AHL Partners LLP’s holdings in BCE were worth $3,691,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Guardian Capital Advisors LP increased its position in BCE by 0.3% during the 2nd quarter. Guardian Capital Advisors LP now owns 390,010 shares of the utilities provider’s stock valued at $22,523,000 after purchasing an additional 1,275 shares during the period. HighTower Advisors LLC increased its position in BCE by 25.5% during the 2nd quarter. HighTower Advisors LLC now owns 76,869 shares of the utilities provider’s stock valued at $3,470,000 after purchasing an additional 15,608 shares during the period. QS Investors LLC increased its position in BCE by 38.4% during the 2nd quarter. QS Investors LLC now owns 140,503 shares of the utilities provider’s stock valued at $6,328,000 after purchasing an additional 39,008 shares during the period. Ranger International Management LP increased its position in BCE by 824.8% during the 2nd quarter. Ranger International Management LP now owns 12,392 shares of the utilities provider’s stock valued at $558,000 after purchasing an additional 11,052 shares during the period. Finally, Stifel Financial Corp increased its position in BCE by 20.6% during the 2nd quarter. Stifel Financial Corp now owns 471,905 shares of the utilities provider’s stock valued at $21,256,000 after purchasing an additional 80,677 shares during the period. 42.74% of the stock is currently owned by institutional investors and hedge funds.

WARNING: This story was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States and international trademark & copyright law. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/10/bce-inc-bce-shares-bought-by-ahl-partners-llp.html.

A number of brokerages have issued reports on BCE. Zacks Investment Research raised shares of BCE from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a research report on Wednesday, October 4th. Morgan Stanley reduced their price objective on shares of BCE from $62.00 to $60.00 and set an “equal weight” rating on the stock in a research report on Wednesday, September 27th. BidaskClub raised shares of BCE from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 26th. Barclays PLC boosted their price objective on shares of BCE from $47.00 to $51.00 and gave the company an “overweight” rating in a research report on Friday, August 4th. Finally, Argus began coverage on shares of BCE in a research report on Tuesday, July 18th. They set a “hold” rating on the stock. Five research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $56.83.

Shares of BCE, Inc. (NYSE BCE) opened at 46.59 on Tuesday. BCE, Inc. has a 52-week low of $41.83 and a 52-week high of $48.27. The stock has a 50 day moving average of $47.34 and a 200-day moving average of $45.90. The stock has a market capitalization of $41.95 billion, a P/E ratio of 17.48 and a beta of 0.35.

BCE (NYSE:BCE) (TSE:BCE) last announced its quarterly earnings results on Thursday, August 3rd. The utilities provider reported $0.65 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.02). The firm had revenue of $5.70 billion for the quarter, compared to analysts’ expectations of $5.65 billion. BCE had a net margin of 12.85% and a return on equity of 21.08%. The business’s quarterly re

A number of other institutional investors also recently modified their holdings of the business. Guardian Capital Advisors LP increased its position in BCE by 0.3% during the 2nd quarter. Guardian Capital Advisors LP now owns 390,010 shares of the utilities provider’s stock valued at $22,523,000 after purchasing an additional 1,275 shares during the period. HighTower Advisors LLC increased its position in BCE by 25.5% during the 2nd quarter. HighTower Advisors LLC now owns 76,869 shares of the utilities provider’s stock valued at $3,470,000 after purchasing an additional 15,608 shares during the period. QS Investors LLC increased its position in BCE by 38.4% during the 2nd quarter. QS Investors LLC now owns 140,503 shares of the utilities provider’s stock valued at $6,328,000 after purchasing an additional 39,008 shares during the period. Ranger International Management LP increased its position in BCE by 824.8% during the 2nd quarter. Ranger International Management LP now owns 12,392 shares of the utilities provider’s stock valued at $558,000 after purchasing an additional 11,052 shares during the period. Finally, Stifel Financial Corp increased its position in BCE by 20.6% during the 2nd quarter. Stifel Financial Corp now owns 471,905 shares of the utilities provider’s stock valued at $21,256,000 after purchasing an additional 80,677 shares during the period. 42.74% of the stock is currently owned by institutional investors and hedge funds.

WARNING: This story was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States and international trademark & copyright law. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/10/bce-inc-bce-shares-bought-by-ahl-partners-llp.html.

A number of brokerages have issued reports on BCE. Zacks Investment Research raised shares of BCE from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a research report on Wednesday, October 4th. Morgan Stanley reduced their price objective on shares of BCE from $62.00 to $60.00 and set an “equal weight” rating on the stock in a research report on Wednesday, September 27th. BidaskClub raised shares of BCE from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 26th. Barclays PLC boosted their price objective on shares of BCE from $47.00 to $51.00 and gave the company an “overweight” rating in a research report on Friday, August 4th. Finally, Argus began coverage on shares of BCE in a research report on Tuesday, July 18th. They set a “hold” rating on the stock. Five research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $56.83.

Shares of BCE, Inc. (NYSE BCE) opened at 46.59 on Tuesday. BCE, Inc. has a 52-week low of $41.83 and a 52-week high of $48.27. The stock has a 50 day moving average of $47.34 and a 200-day moving average of $45.90. The stock has a market capitalization of $41.95 billion, a P/E ratio of 17.48 and a beta of 0.35.

BCE (NYSE:BCE) (TSE:BCE) last announced its quarterly earnings results on Thursday, August 3rd. The utilities provider reported $0.65 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.02). The firm had revenue of $5.70 billion for the quarter, compared to analysts’ expectations of $5.65 billion. BCE had a net margin of 12.85% and a return on equity of 21.08%. The business’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.94 EPS. Analysts predict that BCE, Inc. will post $2.66 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Sunday, October 15th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.575 per share. The ex-dividend date is Thursday, September 14th. This represents a $2.30 annualized dividend and a dividend yield of 4.94%. This is a positive change from BCE’s previous quarterly dividend of $0.53. BCE’s dividend payout ratio (DPR) is currently 93.44%.

BCE Profile

BCE Inc is a communications company. The Company’s segments include Bell Wireless, Bell Wireline and Bell Media. Its Bell Wireless segment provides wireless voice and data communications products and services to its residential, small and medium-sized business and large enterprise customers across Canada.

Institutional Ownership by Quarter for BCE (NYSE:BCE)

Receive News & Ratings for BCE Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BCE Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply