Hillsdale Investment Management INC Decreased Its Rogers Communications INC Cl B (RCI) Stake

May 16, 2018 - By Russell Jones

Rogers Communications Inc. (NYSE:RCI) Corporate LogoDuring 2017 Q4 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 grew holdings while 28 funds took holdings. Funds hold 236.19 million shares thus 0.08% more from 2017Q3’s 235.99 million shares. Virginia Retirement Et Al invested 0.03% in Rogers Communications Inc. (NYSE:RCI). Legal And General Public Ltd Co holds 0.07% of its capital in Rogers Communications Inc. (NYSE:RCI) for 1.95 million shs. Bollard Group Ltd Liability Co invested 0.12% of its capital in Rogers Communications Inc. (NYSE:RCI). Whitnell invested 0% of its capital in Rogers Communications Inc. (NYSE:RCI). Financial Bank Of America De has 1.93M shs for 0.02% of their capital. Winslow Evans & Crocker invested 0% of its capital in Rogers Communications Inc. (NYSE:RCI). Cibc Asset Mngmt Inc owns 3.80 million shs. Cornerstone Advsrs Incorporated, a Washington-based fund reported 1,034 shs. Royal Bancorporation Of Canada, Ontario – Canada-based fund reported 32.16 million shs. 6,677 were reported by Paloma Prtn Mgmt. 5.02M were accumulated by Great West Life Assurance Can. Uss Mngmt has 1.52% invested in Rogers Communications Inc. (NYSE:RCI) for 2.55 million shs. Gamco Invsts Et Al invested in 604,957 shs or 0.19% of the stock. 11,223 were accumulated by Quantbot Technology Lp. Invesco Limited accumulated 1.13M shs.

In 2017Q4 Securities and Exchange filling is reported Hillsdale Investment Management Inc’s stake in Rogers Communications Inc Cl B (RCI) which was reduced by 22.35%. The company’s stock declined 12.83% with the market as Hillsdale Investment Management Inc sold 69,045 shares. The consumer services company at the end of 2017Q4 was valued at $12.21 million. 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 $24.78 billion market cap. Ticker’s shares touched $48.35 during the last trading session after 0.54% change.Rogers Communications Inc. has volume of 83,038 shares. Since May 16, 2017 RCI has risen 1.45% and is uptrending. RCI underperformed the S&P 500 by 10.10%.

Hillsdale Investment Management Inc has risen its stake in Domtar Corp (NYSE:UFS) and also increased its holding in Methanex Corp Com (NASDAQ:MEOH) by 141,250 shares in the quarter, for a total of 167,250 shares.

On July, 19 WallStreet anticipated Rogers Communications Inc. (NYSE:RCI)’s earnings release, Zacks reports. Analysts predict 8.11 % diference or $0.80 from the $0.74 EPS from 2017. RCI’s profit could be $409.93M with 15.11 P/E in case $0.80 EPS is published. Wall Street now predicts 12.68 % EPS growth despite Rogers Communications Inc. previous quarter’s EPS of $0.71.

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

Rogers Communications Inc. (NYSE:RCI) Ratings Coverage

Total analysts of 3 have positions in Rogers Communication (NYSE:RCI) as follows: 2 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 67%. Since November 17, 2017 according to StockzIntelligence Inc Rogers Communication has 4 analyst reports. On Monday, January 8 the rating was upgraded by Desjardins Securities to “Buy”.

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

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