EPS for Rogers Communications Inc. (RCI) Expected At $0.62; Summit Equities Has Cut Its Enterprise Prods Partners L Com (EPD) Holding

April 18, 2018 - By Adrian Erickson

Enterprise Products Partners L.P. (NYSE:EPD) Logo

Summit Equities Inc decreased Enterprise Prods Partners L Com (EPD) stake by 13.03% reported in 2017Q4 SEC filing. Summit Equities Inc sold 5,091 shares as Enterprise Prods Partners L Com (EPD)’s stock declined 8.22%. The Summit Equities Inc holds 33,972 shares with $900.61 million value, down from 39,063 last quarter. Enterprise Prods Partners L Com now has $58.91B valuation. The stock increased 1.12% or $0.3 during the last trading session, reaching $27.13. About 7.84 million shares traded or 19.81% up from the average. Enterprise Products Partners L.P. (NYSE:EPD) has declined 10.03% since April 18, 2017 and is downtrending. It has underperformed by 21.58% the S&P500.

Analysts expect Rogers Communications Inc. (NYSE:RCI) to report $0.62 EPS on April, 19 after the close.They anticipate $0.16 EPS change or 34.78% from last quarter’s $0.46 EPS. RCI’s profit would be $310.73M giving it 18.26 P/E if the $0.62 EPS is correct. After having $0.69 EPS previously, Rogers Communications Inc.’s analysts see -10.14% EPS growth. The stock decreased 0.42% or $0.19 during the last trading session, reaching $45.28. About 356,176 shares traded. Rogers Communications Inc. (NYSE:RCI) has risen 1.45% since April 18, 2017 and is uptrending. It has underperformed by 10.10% the S&P500.

Rogers Communications Inc. operates as a communications and media firm in Canada. The company has market cap of $22.69 billion. The companyÂ’s Wireless segment offers wireless telecommunications services to clients and businesses under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications. It has a 17.73 P/E ratio. This segment distributes its products through independent dealer networks, company-owned retail stores, retail chains and convenience stores, ecommerce sites, call centers and outbound telemarketing, and other distribution channels.

Among 9 analysts covering Rogers Comms (NYSE:RCI), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Rogers Comms has $67 highest and $40 lowest target. $59.81’s average target is 32.09% above currents $45.28 stock price. Rogers Comms had 15 analyst reports since October 9, 2015 according to SRatingsIntel. As per Monday, January 9, the company rating was downgraded by RBC Capital Markets. The rating was downgraded by IBC on Wednesday, April 5 to “Sector Perform”. The stock has “Buy” rating by TD Securities on Friday, December 11. On Friday, October 9 the stock rating was upgraded by IBC to “Sector Outperform”. The firm earned “Equal-Weight” rating on Thursday, December 17 by Morgan Stanley. The firm earned “Buy” rating on Monday, January 8 by Desjardins Securities. The firm has “Neutral” rating given on Friday, December 4 by Goldman Sachs. The firm earned “Equal-Weight” rating on Friday, October 14 by Barclays Capital. The stock has “Outperform” rating by Macquarie Research on Tuesday, October 20.

Investors sentiment decreased to 0.96 in Q4 2017. Its down 0.06, from 1.02 in 2017Q3. It worsened, as 17 investors sold Rogers Communications Inc. shares while 85 reduced holdings. 28 funds opened positions while 70 raised stakes. 236.19 million shares or 0.08% more from 235.99 million shares in 2017Q3 were reported. 4.60 million were accumulated by Manufacturers Life Ins Com The. Ahl Prtnrs Llp invested 0.09% of its portfolio in Rogers Communications Inc. (NYSE:RCI). Numeric Invsts holds 0.23% or 626,900 shares in its portfolio. Marshall Wace Ltd Liability Partnership holds 0.05% or 21,560 shares. Ngam Advsrs L P holds 0.01% or 24,147 shares in its portfolio. Comerica Bancshares invested in 0.01% or 21,670 shares. Alliancebernstein L P invested in 0.01% or 234,085 shares. Epoch Inv Prtnrs owns 13,355 shares for 0% of their portfolio. Andra Ap holds 0.38% of its portfolio in Rogers Communications Inc. (NYSE:RCI) for 260,400 shares. Moreover, Goldman Sachs Gru Inc has 0.01% invested in Rogers Communications Inc. (NYSE:RCI) for 801,042 shares. Wells Fargo & Mn invested in 0% or 15,248 shares. Td Asset Mngmt reported 14.43M shares. Winslow Evans Crocker Incorporated holds 0% of its portfolio in Rogers Communications Inc. (NYSE:RCI) for 14 shares. Ontario – Canada-based Scheer Rowlett Associate Inv Mngmt Ltd has invested 2.85% in Rogers Communications Inc. (NYSE:RCI). Baskin Financial Services accumulated 3.06% or 315,318 shares.

Since March 7, 2018, it had 2 insider buys, and 0 sales for $1.10 million activity. On Wednesday, March 7 the insider TEAGUE AJ bought $497,198.

Investors sentiment decreased to 0.85 in 2017 Q4. Its down 0.15, from 1 in 2017Q3. It worsened, as 60 investors sold EPD shares while 283 reduced holdings. 73 funds opened positions while 219 raised stakes. 750.14 million shares or 4.26% less from 783.53 million shares in 2017Q3 were reported. Orleans Capital Mngmt Corp La holds 1.68% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD) for 89,065 shares. Virtu Financial Limited Company holds 0.06% in Enterprise Products Partners L.P. (NYSE:EPD) or 45,727 shares. Eagle Ridge Mngmt owns 40,561 shares for 0.17% of their portfolio. Federated Investors Pa reported 60,000 shares. Destination Wealth Mngmt holds 0.02% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD) for 9,606 shares. Umb Bancshares N A Mo has invested 0.01% in Enterprise Products Partners L.P. (NYSE:EPD). Koshinski Asset Mngmt stated it has 8,516 shares. Reynders Mcveigh Ltd Liability Corp owns 17,796 shares. 14,909 are held by Alliancebernstein Ltd Partnership. Bradley Foster & Sargent Ct owns 344,017 shares. Round Table, a New Jersey-based fund reported 15,985 shares. Janney Montgomery Scott Ltd Liability invested in 485,404 shares or 0.13% of the stock. Goodman Fincl Corp owns 650 shares. Chevy Chase Trust Hldg Incorporated reported 23,104 shares. Bridges Investment Counsel holds 14,078 shares or 0.21% of its portfolio.

Among 26 analysts covering Enterprise Products Partners LP (NYSE:EPD), 26 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Enterprise Products Partners LP has $38 highest and $2700 lowest target. $32.10’s average target is 18.32% above currents $27.13 stock price. Enterprise Products Partners LP had 56 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Enterprise Products Partners L.P. (NYSE:EPD) has “Buy” rating given on Monday, October 10 by Deutsche Bank. The stock of Enterprise Products Partners L.P. (NYSE:EPD) earned “Buy” rating by Seaport Global on Monday, April 9. The rating was reinitiated by Piper Jaffray on Friday, April 1 with “Overweight”. The company was initiated on Wednesday, January 6 by Howard Weil. The firm has “Buy” rating by Wunderlich given on Wednesday, August 31. Mizuho maintained the stock with “Buy” rating in Friday, October 13 report. The stock of Enterprise Products Partners L.P. (NYSE:EPD) has “Strong-Buy” rating given on Monday, August 31 by Vetr. Argus Research maintained the shares of EPD in report on Tuesday, November 3 with “Buy” rating. On Friday, April 29 the stock rating was downgraded by Seaport Global to “Neutral”. The firm has “Buy” rating given on Friday, September 30 by Mizuho.

Summit Equities Inc increased Vanguard Bd Index Fd Inc Total Bnd Mrkt (BND) stake by 615 shares to 10,194 valued at $831.53 million in 2017Q4. It also upped Spdr Index Shs Fds Glb Nat Resrce (GNR) stake by 14,430 shares and now owns 562,114 shares. Vanguard Tax Mngd Intl Fd Ftse Dev Mkt Etf (VEA) was raised too.

Enterprise Products Partners L.P. (NYSE:EPD) Institutional Positions Chart

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