Addenda Capital Cut Rogers Communications (RCI) Holding By $488,300; 6D GLOBAL TECH (SIXD) Shorts Down By 0.74%

May 16, 2017 - By Richard Conner

6D GLOBAL TECH INCORPORATED (OTCMKTS:SIXD) had a decrease of 0.74% in short interest. SIXD’s SI was 93,400 shares in May as released by FINRA. Its down 0.74% from 94,100 shares previously. With 600 avg volume, 156 days are for 6D GLOBAL TECH INCORPORATED (OTCMKTS:SIXD)’s short sellers to cover SIXD’s short positions. It is 0.00% or $0 reaching $0.005 per share. It is down 96.67% since May 17, 2016 and is downtrending. It has underperformed by 107.32% the S&P500.

Addenda Capital Inc decreased Rogers Communications Inc (RCI) stake by 2.82% reported in 2016Q4 SEC filing. Addenda Capital Inc sold 12,850 shares as Rogers Communications Inc (RCI)’s stock declined 9.01%. The Addenda Capital Inc holds 442,780 shares with $17.26M value, down from 455,630 last quarter. Rogers Communications Inc now has $23.88B valuation. The stock declined 0.37% or $0.17 reaching $45.97 per share. About 103,068 shares traded. Rogers Communications Inc. (USA) (NYSE:RCI) has risen 9.32% since October 6, 2016 and is uptrending. It has underperformed by 1.33% the S&P500.

Analysts await Rogers Communications Inc. (USA) (NYSE:RCI) to report earnings on July, 20. They expect $0.74 EPS, up 19.35% or $0.12 from last year’s $0.62 per share. RCI’s profit will be $384.33M for 15.53 P/E if the $0.74 EPS becomes a reality. After $0.46 actual EPS reported by Rogers Communications Inc. (USA) for the previous quarter, Wall Street now forecasts 60.87% EPS growth.

Among 7 analysts covering Rogers Comms (NYSE:RCI), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Rogers Comms had 9 analyst reports since October 9, 2015 according to SRatingsIntel. On Friday, December 11 the stock rating was upgraded by TD Securities to “Buy”. The rating was downgraded by RBC Capital Markets on Monday, January 9 to “Sector Perform”. IBC downgraded the shares of RCI in report on Wednesday, April 5 to “Sector Perform” rating. On Friday, October 9 the stock rating was upgraded by IBC to “Sector Outperform”. The stock of Rogers Communications Inc. (USA) (NYSE:RCI) earned “Equal-Weight” rating by Barclays Capital on Friday, October 14. Goldman Sachs initiated Rogers Communications Inc. (USA) (NYSE:RCI) on Friday, December 4 with “Neutral” rating. As per Tuesday, October 20, the company rating was upgraded by Macquarie Research. The company was downgraded on Thursday, December 17 by Morgan Stanley.

Addenda Capital Inc increased Unitedhealth Group Inc (NYSE:UNH) stake by 7,445 shares to 43,168 valued at $6.53M in 2016Q4. It also upped Celgene Corp (NASDAQ:CELG) stake by 18,052 shares and now owns 41,258 shares. Lowes Cos Inc (NYSE:LOW) was raised too.