Analysts See $0.00 EPS for Fortis (FTS); Bank Of Nova Scotia Upped Groupe Cgi (GIB) Position By $3.51 Million

June 30, 2017 - By Clifton Ray

Bank Of Nova Scotia increased Groupe Cgi Inc (GIB) stake by 14.47% reported in 2016Q4 SEC filing. Bank Of Nova Scotia acquired 78,047 shares as Groupe Cgi Inc (GIB)’s stock rose 0.04%. The Bank Of Nova Scotia holds 617,413 shares with $28.11 million value, up from 539,366 last quarter. Groupe Cgi Inc now has $13.26 billion valuation. The stock declined 0.35% or $0.18 reaching $50.85 on the news. About 31,652 shares traded. CGI Group Inc (NYSE:GIB) has risen 9.32% since June 30, 2016 and is uptrending. It has underperformed by 7.38% the S&P500.

Analysts expect Fortis Inc (TSE:FTS) to report $0.00 EPS on August, 4. About 179,850 shares traded. Fortis Inc (TSE:FTS) has 0.00% since June 30, 2016 and is . It has underperformed by 16.70% the S&P500.

Bank Of Nova Scotia decreased Signature Bk New York N Y (NASDAQ:SBNY) stake by 2,869 shares to 30,228 valued at $4.54M in 2016Q4. It also reduced Incyte Corp (NASDAQ:INCY) stake by 84,584 shares and now owns 60,867 shares. Alexion Pharmaceuticals Inc (NASDAQ:ALXN) was reduced too.

Among 8 analysts covering CGI Group (NYSE:GIB), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. CGI Group had 12 analyst reports since July 29, 2015 according to SRatingsIntel. As per Wednesday, November 4, the company rating was upgraded by Desjardins Securities. The firm has “Sell” rating by Goldman Sachs given on Friday, December 16. The company was maintained on Thursday, November 12 by RBC Capital Markets. The stock of CGI Group Inc (NYSE:GIB) earned “Neutral” rating by Macquarie Research on Tuesday, September 27. The stock of CGI Group Inc (NYSE:GIB) has “Buy” rating given on Thursday, November 12 by Societe Generale. The rating was maintained by RBC Capital Markets on Thursday, January 28 with “Outperform”. TD Securities initiated the stock with “Buy” rating in Monday, April 4 report. The stock has “Buy” rating by Desjardins Securities on Friday, May 27. The stock has “Hold” rating by Societe Generale on Thursday, November 10. The firm earned “Buy” rating on Thursday, November 10 by Dundee Securities.

Among 10 analysts covering Fortis Incorporated (TSE:FTS), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Fortis Incorporated had 25 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets maintained Fortis Inc (TSE:FTS) on Tuesday, January 24 with “Outperform” rating. The rating was reinitiated by Barclays Capital with “Outperform” on Wednesday, March 29. The stock of Fortis Inc (TSE:FTS) earned “Mkt Perform” rating by Raymond James on Tuesday, January 17. The company was initiated on Monday, February 27 by JP Morgan. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, October 7. Desjardins Securities maintained the shares of FTS in report on Thursday, November 24 with “Buy” rating. The rating was maintained by Raymond James on Thursday, September 22 with “Outperform”. The rating was downgraded by IBC to “Sector Perform” on Wednesday, July 20. The stock has “Outperform” rating by IBC on Friday, February 17. The stock of Fortis Inc (TSE:FTS) earned “Buy” rating by TD Securities on Friday, March 3.

Fortis Inc. is a Canada-based electric and gas utility holding company. The company has market cap of $18.76 billion. The Company’s divisions include Regulated Utilities and Non-Regulated Utilities. It has a 22.52 P/E ratio. The Regulated Utilities segment includes Regulated Electric & Gas Utilities-the United States, which consists of ITC Holdings Corp. , UNS Energy Corporation and Central Hudson Gas & Electric Corporation (Central Hudson); Gas & Electric Utilities-Canadian, which consists of FortisAlberta Inc. (FortisAlberta), FortisBC Energy Inc. (FortisBC Energy), FortisBC Inc. (FortisBC Electric) and Newfoundland Power Inc. (Newfoundland Power); Electric Utilities-Caribbean, which includes its ownership interest in Caribbean Utilities Company, Ltd., Fortis Turks and Caicos, and its investment in Belize Electricity Limited.