Lvm Capital Management Ltdmi adds BCE (USA) (BCE) to its portfolio

BCE (USA) (BCE) : Lvm Capital Management Ltdmi added new position in BCE (USA) during the most recent quarter end. The investment management firm now holds 223,790 shares of BCE (USA) which is valued at $10,171,256 , the company said in a statement filed on Oct 3, 2016 with the SEC.BCE (USA) makes up approximately 3.21% of Lvm Capital Management Ltdmi’s portfolio.

BCE (USA) closed down -0.53 points or -1.15% at $45.62 with 7,53,507 shares getting traded on Tuesday. Post opening the session at $46.01, the shares hit an intraday low of $45.36 and an intraday high of $46.25 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, BCE (USA) reported $0.94 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.91. The company had revenue of $5340.00 million for the quarter, compared to analysts expectations of $5378.48 million. The company’s revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.87 EPS.

BCE Inc. is a communications company. The Company provides residential business and wholesale customers with a range of solutions to all their communications needs including wireless high-speed Internet Internet protocol television (IPTV) and satellite TV business Internet protocol (IP) broadband and information and communications technology (ICT) services. The Company’s segments include Bell Wireless Bell Wireline and Bell Media. The Company’s Bell Wireless segment provides wireless services that are available to virtually all of the Canadian population. The Bell Wireline segment includes voice and data network; high-speed fiber deployment and bell direct to home (DTH) satellite television service. The Company’s Bell Media segment offers specialty and pay television radio digital media and out-of-home advertising. The Company through Bell media operates approximately 110 radio stations in over 50 markets across Canada.

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