From MarketBeat:

Mackenzie Financial Corp recently reported a 9.6% reduction in TC Energy Co. (NYSE: TRP) TSE: TRP holdings. Their most recent 13F filing with the SEC indicates ownership of 17,506,794 shares worth $587,348,000, making it the 26th biggest position in their portfolio. In addition, Verdence Capital Advisors LLC, DORCHESTER WEALTH MANAGEMENT Co, apricus wealth LLC, Hexagon Capital Partners LLC, and Commonwealth Equity Services LLC have all increased their stakes in TC Energy during the 3rd quarter.

TC Energy recently had several research analysts provide ratings on the company’s stock. StockNews.com initiated coverage and issued a “hold” rating. Other analysts changed their ratings as well, providing target prices. Wells Fargo & Company upgraded shares of TC Energy from an “equal weight” rating to an “overweight” rating on Wednesday, October 25th. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $54.31.

TC Energy’s stock experienced a 0.5% increase recently, with 2,327,097 shares traded and hit $39.92. They reported a 50-day moving average price of $37.74 and a two-hundred day moving average price of $37.01. The company has a 12-month low of $32.51 and a 12-month high of $45.18.

TC Energy last issued its quarterly earnings results on Wednesday, November 8th, boasting $0.75 earnings per share for the quarter on revenues of $2.94 billion. Analysts forecast that TC Energy Co. will post 3.14 EPS for the current year.

TC Energy Co. also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Friday, December 29th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Thursday, December 28th.

TC Energy Corporation operates as an energy infrastructure company in North America, building and operating a network of 93,700 kilometers of natural gas pipelines transporting natural gas from supply basins to various businesses.



Read more: Mackenzie Financial Corp Reduces Position in TC Energy Co. (NYSE:TRP)