Rogers net income jumps almost 28 per cent

The headquarters of Rogers Communications Inc. is seen in Toronto

The headquarters of Rogers Communications Inc. is seen in Toronto

Valspar Corp now has $8.93B valuation. (NYSE:VZ). C M Bidwell & Assoc Ltd accumulated 3,080 shares or 0.04% of the stock. Therefore 29% are positive.

A number of other hedge funds also recently made changes to their positions in the stock. The report did not mention the company's performance in radio. As per Wednesday, April 5, the company rating was downgraded by IBC. Equities research analysts forecast that Rogers Communications Inc. will post $2.39 EPS for the current year. The stock of Rogers Communications Inc.

12/04/2015 - Goldman Sachs began new coverage on Rogers Communication, Inc. giving the company a "neutral" rating.

Among 22 analysts covering Verizon Communications Inc. See Rogers Communications Inc.

Investors sentiment increased to 1.11 in Q4 2016. Its up 0.08, from 0.89 in 2016Q3. WALDEN MARNI M had sold 32,254 shares worth $1.61M on Monday, February 27. Blackrock Gru Limited reported 489,070 shares stake. United Svcs Automobile Association invested in 0.06% or 499,390 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt holds 0.33% or 169,856 shares in its portfolio. They expect $1.21 earnings per share, down 0.82% or $0.01 from last year's $1.22 per share.

The net income was equal to 57 cents per share, up from 45 cents per share in the same quarter the previous year. Valspar had 18 analyst reports since August 11, 2015 according to SRatingsIntel. The stock has "Equal-Weight" rating by Barclays Capital on Friday, October 14. (TSE:RCI.B) on Tuesday, September 29 with "Sector Outperform" rating. The company has a consensus rating of Hold and a consensus target price of C$59.08. Millennium invested in 0.02% or 237,202 shares. Its up 0.08, from 0.89 in 2016Q3. Morgan Stanley has invested 0.51% in Verizon Communications Inc. Pnc Financial Service Gp accumulated 69,230 shares. Northern Tru accumulated 393,597 shares.

On his first day as chief executive officer of Rogers Communications Inc., Joe Natale made it clear he will tackle the company's perennial problem: customer service. (NYSE:VZ) for 6,833 shares. Finally, Aveo Capital Partners LLC bought a new stake in shares of Rogers Communications during the fourth quarter valued at about $215,000. (NYSE:VZ). Bragg Advsr invested in 109,755 shares. The Alabama-based Cornerstone Advisors Inc has invested 0.5% in the stock. Comerica State Bank reported 22,900 shares. Rogers started discreetly courting him for its top job last spring when it became clear that the relationship wasn't working out between CEO Guy Laurence and the Rogers family, which controls the voting shares. Rogers Communication, Inc. has a 52-week low of 37.03 and a 52-week high of 47.42. About 16.98 million shares traded or 29.72% up from the average.

Rogers Communications (NYSE:RCI) last posted its quarterly earnings results on Tuesday, April 18th. It has outperformed by 1.65% the S&P500. The company has market cap of $24.09 billion. Supported by wireless and media segment growth, Net income and adjusted net income increased 28% and 34%, to $294 million and $329 million respectively. It has a 36.73 P/E ratio. Growth was driven by strong performance in the wireless business; cable was stable, thanks to strong growth in Internet revenue offsetting weakness in television and phone revenue.

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