Highstreet Asset Management Inc. Trims Stake in TELUS Co. (TU) – PressOracle
Great West Life Assurance Co. Can now owns 7,597,141 shares of the Wireless communications provider’s stock valued at $270,787,000 after acquiring an additional 20,963 shares in the last quarter. The Wireless communications provider reported $0.57 EPS for the quarter, topping the consensus estimate of $0.54 by $0.03. TELUS’s revenue was up 10.9% on a year-over-year basis. As a group, equities research analysts forecast that TELUS Co. will post 2.15 earnings per share for the current fiscal year. Scotiabank cut shares of TELUS from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, October 10th.