TELUS Corporation (NYSE:TU) Shares Bought by Credit Suisse AG

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Forsta AP Fonden now owns 769,078 shares of the Wireless communications provider's stock valued at $26,549,000 after buying an additional 25,400 shares during the period. Beutel Goodman & Co Ltd. boosted its position in shares of TELUS Corporation by 1.3% in the first quarter. 482,684 shares of the stock traded hands. Forsta AP Fonden boosted its stake in TELUS Corporation by 3.4% in the second quarter. Creative Planning now owns 11,796 shares of the Wireless communications provider's stock valued at $407,000 after buying an additional 333 shares during the period. TD Asset Management Inc is the second biggest holder with 25 million shares now valued at 802.21 million whilst IG Investment Management Ltd has 21 million shares valued at 693.96 million. The Hillsdale Investment Management Inc holds 134,015 shares with $4.26 million value, down from 169,275 last quarter. Finally, Vanguard Group Inc. boosted its position in shares of TELUS Corporation by 4.1% in the first quarter. Can now owns 7,486,696 shares of the Wireless communications provider's stock valued at $257,825,000 after buying an additional 806,613 shares in the last quarter.

Press articles about TELUS Corporation (NYSE:TU) (TSE:T) have been gaining positive last few days, Accern reports. The company had a trading volume of 496,795 shares. The stock has a 50 day moving average price of $45.40 and a 200 day moving average price of $44.10. The company has market cap of $26.99 billion. TELUS has a 52-week low of $45.67 and a 52-week high of $45.97.

TELUS Corporation (NYSE:TU) (TSE:T) last issued its earnings results on Friday, August 11th. Baskin Financial Services Inc. now owns 263,544 shares of the Wireless communications provider's stock valued at $9,088,000 after buying an additional 3,229 shares during the period. TELUS Corporation had a return on equity of 19.11% and a net margin of 9.96%.

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Looking forward, for the quarter ending Sep-17, 5 analysts have a mean sales target of 3,369.28 million.

Vancouver-based Telus signed up 99,000 new postpaid wireless customers in the quarter compared with 61,000 a year earlier. On average, equities analysts expect that TELUS Corporation will post $2.14 EPS for the current fiscal year. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of US and worldwide trademark and copyright legislation. The correct version of this report can be accessed at https://www.chaffeybreeze.com/2017/08/11/dt-investment-partners-llc-raises-position-in-telus-corporation-tu-updated.html. BidaskClub raised TELUS Corporation from a "hold" rating to a "buy" rating in a research report on Tuesday, June 20th. Scotiabank increased their price target on TELUS from C$44.00 to C$46.00 and gave the stock a "sector perform" rating in a research report on Wednesday, April 26th. Canaccord Genuity reaffirmed a "buy" rating and set a $47.00 price target on shares of TELUS Corporation in a research report on Monday, May 8th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. The stock has an average rating of "Buy" and a consensus price target of $41.33. The value of the total investment in Telus Corporation Ordinary Shar went from $3,064,000 to $3,652,000 a change of $588,000 for the reporting period.

Telus Corp (T.TO), one of Canada's biggest telecom companies, reported a smaller-than-expected profit on Friday, as it spent heavily to win and retain wireless customers by investing in customer service and subsidizing high-end smartphones. The Company's data services include Internet protocol (IP), television (TV), hosting, managed information technology and cloud services, and certain healthcare solutions.

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