Nexus Investment Management INC Increased Its Cenovus Energy INC (CVE) Stake

Nexus Investment Management Inc rose its stake by 131.72% in Cenovus Energy Inc (CVE), according to 2017Q4 SEC filling. The stock of Bed Bath & Beyond Inc. Cenovus Energy had 3 analyst reports since October 20, 2017 according to SRatingsIntel. They expect $-0.04 earnings per share, 0.00% or $0.00 from last year's $-0.04 per share. Zacks' sales averages are a mean average based on a survey of sell-side analysts that follow Cenovus Energy.

Among 32 analysts covering Bed Bath & Beyond (NASDAQ:BBBY), 2 have Buy rating, 9 Sell and 21 Hold. The company reported C ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.12 by C ($0.55). Cenovus Energy had a negative return on equity of 9.35% and a negative net margin of 11.17%. During the same quarter in the previous year, the firm posted $0.39 EPS.

Several institutional investors have recently added to or reduced their stakes in CVE. Zacks Investment Research downgraded Cenovus Energy from a "hold" rating to a "sell" rating in a research report on Monday, January 8th. Tudor Pickering raised Cenovus Energy from a "hold" rating to a "buy" rating in a research report on Wednesday, March 28th. The stock of Cenovus Energy Inc. Cenovus Energy Inc. (NYSE:CVE) has declined 35.61% since April 16, 2017 and is downtrending. (NYSE:CVE) has "Neutral" rating given on Thursday, June 22 by Goldman Sachs. Apache Corporation had 104 analyst reports since July 21, 2015 according to SRatingsIntel. During the same quarter last year, the company posted $0.39 earnings per share. sell-side analysts anticipate that Cenovus Energy will post 0.13 EPS for the current fiscal year. The company now has a consensus rating of Hold and a consensus price target of C$15.07. TD Securities lifted their target price on Cenovus Energy from C$13.50 to C$14.00 and gave the company a hold rating in a research note on Friday, December 15th. The firm has a market cap of $11,181.99, a price-to-earnings ratio of -468.00, a P/E/G ratio of 12.49 and a beta of 0.71. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.82 and a current ratio of 1.13.

Manchester City win Premier League title as rivals United lose
West Brom had the first chance in the 12th minute, Jake Livermore's low shot saved by a stretching De Gea. Hopefully [he will be back] for the last games, if we need him, and especially for the World Cup ".

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 29th. Stockholders of record on Thursday, March 15th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, March 14th. This represents a $0.16 annualized dividend and a yield of 1.57%. This is a boost from Cenovus Energy's previous quarterly dividend of $0.04. Cenovus Energy's dividend payout ratio is presently -800.00%. Shares for $41,143 were sold by FLEISHER MICHAEL D. Shares for $184,040 were sold by Conine Steven on Wednesday, January 24. The institutional investor is holding 1.21 million shares, compared to the 522,210 from the previous quarter. First Allied Advisory Services Inc. acquired a new stake in shares of Cenovus Energy in the third quarter worth approximately $125,000. Lincluden Management Ltd. increased its position in Cenovus Energy by 15.9% during the fourth quarter. The company's stock sank 6.72% while Nexus Investment Management Inc bought 687,840 shares. The company has market cap of $18.64 million.

Other large investors have also modified their holdings of the company.

TRADEMARK VIOLATION WARNING: This piece was originally reported by registrarjournal.com and is owned by of registrarjournal.com. The legal version of this piece of content can be read at https://weekherald.com/2018/04/15/cenovus-energy-inc-cve-given-consensus-recommendation-of-hold-by-brokerages.html. Mackenzie Financial Corp increased its position in shares of Cenovus Energy by 73.9% during the fourth quarter.

Related News:

  • Air China Flight Diverted After Passenger Holds Flight Attendant Hostage

    Air China Flight Diverted After Passenger Holds Flight Attendant Hostage

    The Xiaoxiang Morning Herald quoted a passenger as saying that the problem was in first or business class. It identified the man only by his surname, Xu (徐), and said he was 41 and from Anhua County in Hunan.

    Rahul Gandhi On Three-Day Amethi Visit From Today

    Similarly, Romi Sharma is also a Youth Congress president and vocal supporter of the manch. When the police was presenting before the court, he did not let them.
    Russian Federation  demands UN Security Council condemn Syria missile attack but fails

    Russian Federation demands UN Security Council condemn Syria missile attack but fails

    Haley made clear the United States wont be pulling troops out of Syria right away, saying U.S. involvement there is not done. She says: "President Assad has an absolutely positive attitude, a good mood".
  • Catawba Capital Management VA Has $6.98 Million Stake in Intel Co

    Following the transaction, the chief executive officer now directly owns 259,082 shares in the company, valued at $11,808,957.56. Telemus Cap has invested 0.27% of its portfolio in Intel Corporation (NASDAQ:INTC). 7,016 are held by Integral Derivatives Lc.
    Sony Xperia XZ2 Premium with 4K HDR display launched: Price, Specifications, features

    Sony Xperia XZ2 Premium with 4K HDR display launched: Price, Specifications, features

    Starting off with the design, Sony has tried to keep the design similar to the Xperia XZ2 that launched this year at MWC. Unlike the £699 Xperia XZ2, the XZ2 Premium has a dual-camera set-up on the back of the phone - a first for Sony.

    As Nxp Semiconductors Nv (NXPI) Shares Rose, Havens Advisors LLC Increased Stake

    Zacks Investment Research cut NXP Semiconductors from a buy rating to a hold rating in a report on Wednesday, December 13th. Coldstream Capital Management Inc, a Washington-based fund reported 9,505 shares. (NYSE:PFE) to report earnings on May, 1.
  • Wholesale price inflation slows down to 2.47% in March

    Wholesale price inflation slows down to 2.47% in March

    The Wholesale Price Index ( WPI )-based inflation came in at 2.47 per cent for March 2018, below market expectations. That compares to the Reserve Bank's quarterly projection of 0.6 per cent for an annual rise of 1.1 per cent.
    Han Solo Has A Really Good Feeling About This

    Han Solo Has A Really Good Feeling About This

    A new Solo TV spot is here, offering even more exciting footage of the highly-anticipated Star Wars Anthology film. Han Solo shows Chewie his hand of cards and Chewie shakes his head and lets out defeated gargle.
    WhatsApp Android beta fixes the mysterious timestamp bug

    WhatsApp Android beta fixes the mysterious timestamp bug

    The report also adds that even though the files are saved on the server they still come with end-to-end encryption. The new feature is now limited to Android version 2.18.113 and is expected to be rolled out to iOS users as well.
  • India to have 'normal' Monsoon this year, says IMD

    India to have 'normal' Monsoon this year, says IMD

    As per the local weather forecast, there is a possibility of rain, thunderstorm or dust-storm in various districts of the region. In a news that would bring cheer to the Indian economy, the IMD says the country would experience normal monsoon this year.
    NBA Playoffs Preview: Houston Rockets vs Minnesota Timberwolves, SWOT Analysis & Prediction

    NBA Playoffs Preview: Houston Rockets vs Minnesota Timberwolves, SWOT Analysis & Prediction

    He went down with a knee injury in their second match-up on February 23rd, then missed the last two games between the two teams . Jimmy Butler is averaging 22.2 points and 4.9 assists while Karl-Anthony Towns is averaging 21.3 points and 12.3 rebounds.
    Comey says it's possible Russians compromised Trump

    Comey says it's possible Russians compromised Trump

    But on Sunday, Comey described how he also used his core to steady himself against any attempts from Trump to pull him closer. In one highlight, Stephanopoulos said: "You write that President Trump is unethical, untethered to the truth".


Most liked

A fiery send-off for the mother of the nation Winnie Madikizela-Mandela
The Mother of the Nation was finally in her resting place sandwiched between her great grandchildren, Zenawe and Zenani Mandela. Malema also said that Ramaphosa was Madikizela-Mandela's President and not Zuma, who had ignored her.

David Silva celebrates Premier League title triumph with son
Manchester City are Premier League champions after Manchester United lost to West Bromwich Albion . I have seen many teams win it as champions for the whole season, and it's the first case for us.

Trump Campaign Raises $10.1 Million as Legal Matters Grow
Trump's campaign also paid $93,181 to Harder LLP, which specializes in entertainment law and reputation protection. That was a big increase over the last quarter of 2017, when the three committees together raised $12.5 million.

United Kingdom to study options if Syria's Assad uses chemical weapons again
Mrs May took the decision why MPs were on Easter recess from Parliament, which provoked Labour Party leader Jeremy Corbyn to criticise the Prime Minister.

UK: No public mood for Syria airstrikes
"We can not allow the use of chemical weapons to become normalised, either in Syria , on the streets of the United Kingdom or elsewhere".

Nokia X set to make a comeback on April 27
HMD is knowing to revive old Nokia phones like the Nokia 3310 last year and the Nokia 8810 "banana phone" this year. As per the report , the Nokia X will be a mid-range smartphone, but you should take that with a handful of salt.

Xiaomi's Black Shark gaming phone offers liquid cooling and a Gamepad
On the front, there is a 20MP sensor with 1.0-micron pixel size, f/2.2 aperture for selfies and video calls. As an introductory offer, the first 50,000 buyers will be eligible to get the Shark Gamepad free of cost.

Russian Federation warns of "consequences' for Syria strikes"
Russian Federation and its ally Syria called the attack fabricated and said no evidence of chemical weapons use exists in Douma. The government, however, said evacuations from Douma were ongoing and no Syrian government forces had entered the town.

Shutters Come Down On Woolworths Across Australia After Nationwide Glitch
Staff said every register in every store nation wide has shut down. "We apologise for any inconvenience caused". Social media posts indicate stores impacted locally include Walkerston and Caneland Central.

Don't Worry, You Have Extra Time to File Your Income Tax
You can go to your local tax preparer, submit it through an online tax preparer, or submit it through the IRS website . If you file by mail, as long as your return is postmarked before the deadline, it will be accepted.

Chemical attack could happen in USA 'if we're not smart': Nikki Haley
There was no immediate comment from the Treasury Department. And so I think everyone is going to feel it at this point. Carol Morello wrote this story .

Gracetown shark attack: Second surfer injured in South West
Hawaiian pro surfer John John Florence had a close encounter while surfing in the region in the lead up to the competition. There have been three fatal shark attacks in the area since 2004 , when Bradley Smith was fatally mauled by a great white.

The President of France has confirmed the planned visit to Russian Federation
"We have full worldwide legitimacy in intervening in this case", Macron said. Mr Trump attended France's Bastille Day parade previous year .

Mom accused of letting 2-year-old smoke meth, marijuana
Wakulla County Sheriff's Office in their report wrote, "People "joked" about the child's ability to roll joints (for Ecker)". Heinz allegedly retreated to this area to smoke meth, attempting to reduce the fumes with a nearby restroom ventilation fan.

Home hopes high for historic U.S. marker in Boston Marathon
Rupp took a bronze medal at the 2016 Rio Olympics then followed his Boston debut runner-up effort with a Chicago victory. The Boston Marathon will be held Monday, starting at 8:40 a.m., and will be broadcast on NBC Sports Network.