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Orion Portfolio Solutions LLC increases its stake in BCE Inc. (NYSE:BCE)

Orion Portfolio Solutions LLC increases its stake in BCE Inc. (NYSE:BCE)

The most recent 13F filing that the company has submitted to the SEC reveals that during the third quarter, Orion Portfolio Solutions LLC increased the percentage of BCE INC (NYSE: BCE) (TSE: BCE) shares that it owned by 196.2%.

The investment vehicle finished the period with a total holding of 15,077 shares of the utility provider’s stock after purchasing an additional 9,987 shares of the company’s stock.

The most recent disclosure that Orion Portfolio Solutions LLC made to the SEC indicated that the value of their holdings in BCE at the time was $632,000. Orion Portfolio Solutions LLC provided this information.

During the most recent trading activity, several other hedge funds acted as buyers and sellers of various stocks.

During the third quarter, Aigen Investment Management LP increased its holdings of BCE shares as a percentage of the company by 363.0%.

Aigen Investment Management LP now has 28,248 shares of the utilities provider’s stock, worth a combined total of $1,184,000, after purchasing an additional 22,147 shares during the most recent quarter.

This brings the total number of shares owned by the firm to 28,248.

The value of the additional holding in BCE that HWG Holdings LP purchased during the third quarter was $546,000.

Through the third quarter, Toronto Dominion Bank achieved a 13.3% increase in the proportion of BCE shares that it holds in its portfolio.

The stock of the utility provider is currently owned by Toronto Dominion Bank, which became the owner after making an additional purchase of 1,198,271 shares during the most recent fiscal quarter.

The total number of shares of the company’s stock held by the bank is 10,224,429, and their current market value is $469,861,000. Over the third quarter, Old North State Trust LLC increased the proportion of BCE stock owned by a factor of 100,562.5 percent. Old North State Trust LLC now holds 8,053 shares of the utility’s stock, collectively worth $338,000, due to the acquisition of an additional 8,045 shares during the preceding quarter.

In the most recent news, Edgemoor Investment Advisors INC increased the amount of BCE stock it owns by 3.3% during the third quarter of this year.

After making additional purchases totaling 3,229 shares during the most recent fiscal quarter, Edgemoor Investment Advisors INC now has 99,976 shares of the utility provider’s stock in its possession.

The price of one share of stock is currently $4,193,000.

Institutional investors and hedge fund investors own a total of 42.92% of the company’s outstanding shares.
On Thursday, the NYSE BCE opened with a price of $45.59 for the first trade of the day.

The stock currently trades at a price-to-earnings ratio of 19.74, a PEG ratio of 5.38, and a beta coefficient of 0.60, giving it a market value of $41.58 billion.

BCE INC reached its one-year high of $59.34 and its one-year low of $39.88 during the period covered by this report.

The stock’s price has recently reached $45.71, and its 50-day moving average, and 200-day moving average have both reached $46.44. Currently, the debt-to-equity ratio stands at 1.49, the quick ratio stands at 0.51, and the current ratio stands at 0.57.
The company has also announced that it will begin paying out dividends on April 15, with subsequent payments occurring every three months after that.

All shareholders of record as of March 15 will receive a $0.713 dividend payment per share. On March 14, shareholders are no longer entitled to dividend payments.

This represents an increase from the previous dividend payment of $0.68 made by BCE every quarter as a distribution to shareholders.

This results in a dividend payment of $2.85 per year when calculated annually and a dividend yield of 6.26 percent.

The dividend payout ratio, or DPR, for BCE is 116.88%.

This ratio is also known as the DPR.

Regarding the year BCE, numerous research publications have been compiled over the years. CIBC stated their decision to raise their price objective on BCE in a research note published on Thursday, January 12.

The new price objective is $64.00, up from $62.00 previously.

According to a research report distributed by Scotiabank on November 4, the price objective that the brokerage firm has set for BCE has increased from C$65.50 to C$66.75 since it was last reported. initiated coverage of BCE shares with a research note on October 12, the day after the company’s market opened.

They recommended that shareholders “hold” their shares of the company.

BMO Capital Markets stated in a research note published on Friday, February 3, that they would be lowering their target price on BCE shares from C$66.00 to C$64.00.

This news came from the company’s decision to lower its target price on BCE shares.

TD Securities decreased their price objective on BCE shares from C$65.00 to C$64.00 in a research note published on Friday, February 3.

The final and most significant adjustment was made here.

The stock has been given a buy rating by two market analysts and recommended for inclusion in one’s portfolio by five financial advisors.

According to information from, the company is currently rated as having a status of “Hold,” and the consensus regarding the price target for the company is $63.18.

BCE, INC is a multinational conglomerate in the telecommunications and media industries.

The company serves residential, commercial, and wholesale clients with its communication services.

All three categories of customers are catered to by BCE.

It does so under the auspices of three separate businesses, namely Bell Wireless, Bell Wireline, and Bell Media, each of which is responsible for its operations.

Bell Wireless can provide its customers in the home and business markets with integrated digital wireless voice and data communications products and services.

These customers can benefit from these products and services.


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