Rogers Communications INC Cl B (RCI) Shares Declined While Hillsdale Investment Management INC Decreased Its Stake by $3.45 Million

May 16, 2018 - By Susanne Funderburg

Rogers Communications Inc. (NYSE:RCI) Corporate LogoDuring Q4 2017 the big money sentiment decreased to 0.96. That’s change of 0.06, from 2017Q3’s 1.02. 17 investors sold all, 85 reduced holdings as RCI ratio fall. 70 increased stakes while 28 funds acquired stakes. Funds hold 236.19 million shares thus 0.08% more from 2017Q3’s 235.99 million shares. Qs Limited Liability Corp reported 0.03% in Rogers Communications Inc. (NYSE:RCI). Omers Administration Corporation has 2.71M shs. 172,661 were reported by Guardian Advsrs L P. Symons Cap Mngmt holds 4.07% or 280,523 shs. Whitnell & has invested 0% in Rogers Communications Inc. (NYSE:RCI). Addenda Capital holds 1.64% or 460,253 shs. Hsbc Pcl reported 552,642 shs. New York-based M&T Bank & Trust Corporation has invested 0.01% in Rogers Communications Inc. (NYSE:RCI). Manufacturers Life Insur The holds 4.60M shs or 0.25% of its capital. Cibc Asset Management holds 1.19% or 3.80M shs. Magnetar Limited Liability Com stated it has 70,600 shs or 0.09% of all its holdings. Cidel Asset Management reported 1.02 million shs. 1832 Asset Mgmt LP owns 8.69 million shs. Central Savings Bank Trust reported 100 shs or 0% of all its holdings. Lincluden Management reported 765,295 shs.

In 2017Q4 Securities and Exchange filling is reported Hillsdale Investment Management Inc’s holdings in Rogers Communications Inc Cl B (RCI) which was reduced by 22.35%. 69,045 shares were sold by Hillsdale Investment Management Inc as the company’s stock declined 12.83% with the market. The consumer services company at the end of 2017Q4 was valued at $12.21M. It’s down from 308,960 at the end of the previous reported quarter. Now it had 239,915 shares held by the institutional investor . Rogers Communications Inc Cl B has $24.78B market cap. Ticker’s shares touched $48.35 during the last trading session after 0.54% change.Currently Rogers Communications Inc. is uptrending after 1.45% change in last May 16, 2017. RCI has 83,038 shares volume. RCI underperformed by 10.10% the S&P500.

Hillsdale Investment Management Inc has risen its stake in Methanex Corp Com (NASDAQ:MEOH) and also increased its holding in Stars Group Inc Com by 418,900 shares in the quarter, for a total of 779,700 shares.

On July, 19 is awaited Rogers Communications Inc. (NYSE:RCI)’s earnings report, Faxor reports. This year’s EPS analyst estimate is awaited to be $0.80. That is 8.11 % up compareed to $0.74 EPS for last year. RCI’s profit could hit $409.93M if the current EPS of $0.80 is accurate. 12.68 % EPS growth is what Wall Street’s sees after $0.71 reported EPS last quarter.

Another two news for Rogers Communications Inc. (NYSE:RCI) were recently announced by: Fool.ca on May 10, 2018 with title “4 Dividend Stocks to Hold in Your TFSA Forever”. The other Seekingalpha.com‘s article was titled “We Love Our Cellphones – New Purchase” and announced on April 18, 2018.

Rogers Communications Inc. (NYSE:RCI) Ratings Coverage

A total of 3 analysts rate Rogers Communication (NYSE:RCI) as follows: 2 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 67% are bullish. (NYSE:RCI) has 4 ratings reports on May 16, 2018 according to StockzIntelligence. On Monday, January 8 the stock of Rogers Communications Inc. (NYSE:RCI) earned “Buy” rating by Desjardins Securities.

Rogers Communications Inc. (NYSE:RCI) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.