BCE (USA) (BCE) : Charter Research Investment Group reduced its stake in BCE (USA) by 0.41% during the most recent quarter end. The investment management company now holds a total of 46,185 shares of BCE (USA) which is valued at $1,941,156 after selling 190 shares in BCE (USA) , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.BCE (USA) makes up approximately 2.33% of Charter Research Investment Group’s portfolio.
Other Hedge Funds, Including , Aqr Capital Management reduced its stake in BCE by selling 215,975 shares or 10.12% in the most recent quarter. The Hedge Fund company now holds 1,918,241 shares of BCE which is valued at $80,623,669. BCE (USA) makes up approx 0.12% of Aqr Capital Management’s portfolio.Acrospire Investment Management boosted its stake in BCE in the latest quarter, The investment management firm added 300 additional shares and now holds a total of 700 shares of BCE (USA) which is valued at $29,939. BCE (USA) makes up approx 0.02% of Acrospire Investment Management’s portfolio.Dekabank Deutsche Girozentrale boosted its stake in BCE in the latest quarter, The investment management firm added 98,327 additional shares and now holds a total of 923,798 shares of BCE (USA) which is valued at $41,238,343. BCE (USA) makes up approx 0.46% of Dekabank Deutsche Girozentrale’s portfolio.Godsey Gibb Associates boosted its stake in BCE in the latest quarter, The investment management firm added 435 additional shares and now holds a total of 277,186 shares of BCE (USA) which is valued at $12,398,530. BCE (USA) makes up approx 2.29% of Godsey Gibb Associates’s portfolio.
BCE (USA) opened for trading at $43.23 and hit $43.37 on the upside on Monday, eventually ending the session at $43.29, with a gain of 0.05% or 0.02 points. The heightened volatility saw the trading volume jump to 7,21,331 shares. Company has a market cap of $37,671 M.
On the company’s financial health, BCE (USA) reported $0.91 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Nov 3, 2016. Analyst had a consensus of $0.90. The company had revenue of $5407.00 million for the quarter, compared to analysts expectations of $5399.43 million. The company’s revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.93 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 Companys 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.