Fintel reports that on April 16, 2023, CIBC CAPITAL MARKETS downgraded their outlook for Cogeco Communications (TSX:CCA) from Outperform to Neutral .
What is the Fund Sentiment?
There are 72 funds or institutions reporting positions in Cogeco Communications. This is a decrease of 6 owner(s) or 7.69% in the last quarter. Average portfolio weight of all funds dedicated to CCA is 0.35%, an increase of 3.54%. Total shares owned by institutions increased in the last three months by 0.26% to 2,435K shares.
What are Other Shareholders Doing?
PEQUX - PUTNAM GLOBAL EQUITY FUND Shares holds 480K shares representing 1.09% ownership of the company. In it's prior filing, the firm reported owning 335K shares, representing an increase of 30.24%. The firm increased its portfolio allocation in CCA by 19.52% over the last quarter.
FEQTX - Fidelity Equity Dividend Income Fund holds 403K shares representing 0.91% ownership of the company. No change in the last quarter.
PNVAX - Putnam International Capital Opportunities Fund Shares holds 147K shares representing 0.33% ownership of the company. In it's prior filing, the firm reported owning 127K shares, representing an increase of 13.74%. The firm decreased its portfolio allocation in CCA by 0.59% over the last quarter.
VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 131K shares representing 0.30% ownership of the company. In it's prior filing, the firm reported owning 136K shares, representing a decrease of 4.10%. The firm decreased its portfolio allocation in CCA by 17.08% over the last quarter.
Bernstein Fund Inc - International Small Cap Portfolio Advisor Class holds 118K shares representing 0.27% ownership of the company. No change in the last quarter.
This story originally appeared on Fintel.
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