BCE Inc. (TSE:BCE) (NYSE:BCE) insider Duc Bernard Le sold 7,513 shares of the stock in a transaction on Tuesday, November 6th. The stock was sold at an average price of C$52.90, for a total value of C$397,437.70.

TSE BCE traded up C$0.12 during trading hours on Friday, hitting C$54.10. 1,453,900 shares of the company’s stock traded hands, compared to its average volume of 1,549,972. BCE Inc. has a 52-week low of C$50.72 and a 52-week high of C$62.90. The company has a quick ratio of 0.38, a current ratio of 0.50 and a debt-to-equity ratio of 116.29.

BCE (TSE:BCE) (NYSE:BCE) last posted its earnings results on Thursday, November 1st. The company reported C$0.96 earnings per share for the quarter, beating the consensus estimate of C$0.93 by C$0.03. The firm had revenue of C$5.88 billion during the quarter, compared to analyst estimates of C$5.86 billion. During the same quarter in the previous year, the firm earned $0.68 earnings per share. As a group, research analysts forecast that BCE Inc. will post 3.66000021832532 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Investors of record on Friday, December 14th will be paid a dividend of $0.755 per share. This represents a $3.02 annualized dividend and a yield of 5.58%. The ex-dividend date of this dividend is Thursday, December 13th. BCE’s payout ratio is currently 97.82%.

Several research analysts have commented on BCE shares. Morgan Stanley dropped their price objective on shares of BCE from C$62.00 to C$59.00 in a report on Friday, August 31st. Royal Bank of Canada decreased their price objective on shares of BCE from C$61.00 to C$60.00 and set a “sector perform” rating for the company in a research note on Friday, August 3rd. CIBC decreased their price objective on shares of BCE from C$59.00 to C$58.00 in a research note on Friday, August 3rd. TD Securities reduced their target price on shares of BCE from C$57.00 to C$56.00 and set a “hold” rating on the stock in a research report on Tuesday, October 23rd. Finally, Desjardins raised shares of BCE from a “hold” rating to a “buy” rating and cut their price objective for the company from C$60.75 to C$59.50 in a report on Thursday, October 18th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of C$59.79.

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About BCE

BCE Inc, a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers integrated digital wireless voice and data communications products and services.

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