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 incumbent local exchange carrier, or ILEC—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 Q3 regulatory filings by fund managers ($100M+ AUM)
4% more capital invested
Capital invested by funds: $11.9B [Q2] → $12.4B (+$483M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
6% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 175
1.04% less ownership
Funds ownership: 40.1% [Q2] → 39.05% (-1.04%) [Q3]
2% less funds holding
Funds holding: 494 [Q2] → 483 (-11) [Q3]
16% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 67
46% less call options, than puts
Call options by funds: $526M | Put options by funds: $973M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Barclays David Joyce 62% 1-year accuracy 8 / 13 met price target | 30%upside $30 | Equal-Weight Maintained | 11 Nov 2024 |
Barclays Kannan Venkateshwar 58% 1-year accuracy 15 / 26 met price target | 47%upside $34 | Equal-Weight Maintained | 9 Oct 2024 |
Financial journalist opinion
Based on 5 articles about BCE published over the past 30 days
