BCE
About: BCE provides wireless, broadband, television, and landline phone services in Canada. It is one of the big three national wireless carriers, with over 10 million customers constituting about 30% of the market. It is also the ILEC (incumbent local exchange carrier—the legacy telephone provider) throughout much of the eastern half of Canada, including in the most populous Canadian provinces: Ontario and Quebec. Additionally, BCE has a media segment, which holds television, radio, and digital media assets. BCE licenses the Canadian rights to movie channels including HBO, Showtime, and Starz.
Employees: 45,132
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0.83% more ownership
Funds ownership: 38.87% [Q1] → 39.69% (+0.83%) [Q2]
3% less capital invested
Capital invested by funds: $12.2B [Q1] → $11.8B (-$428M) [Q2]
6% less funds holding
Funds holding: 526 [Q1] → 492 (-34) [Q2]
23% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 212
31% less call options, than puts
Call options by funds: $517M | Put options by funds: $748M
33% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 4 (-2) [Q2]
43% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 79
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Barclays Kannan Venkateshwar 55% 1-year accuracy 11 / 20 met price target | 2%upside $34 | Equal-Weight Maintained | 9 Oct 2024 |
BMO Capital Tim Casey 0% 1-year accuracy 0 / 1 met price target | 53%upside $51 | Market Perform Maintained | 19 Sept 2024 |
Financial journalist opinion
Based on 8 articles about BCE published over the past 30 days