(TSE:TRP) (NYSE:TRP) in a research note published on Wednesday. Raymond James Financial Services Advisors Inc. increased its holdings in TransCanada by 0.5% during the 2nd quarter. Accern also assigned press coverage about the pipeline company an impact score of 46.6592602228806 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. Voya Investment Management LLC now owns 95,609 shares of the pipeline company's stock valued at $4,557,000 after acquiring an additional 361 shares during the last quarter. Fairview Capital Investment Management LLC acquired a new stake in shares of TransCanada in the second quarter valued at approximately $200,000. Roberts Glore & Co. Inc. Inc. increased its holdings in TransCanada by 2.0% during the 2nd quarter. As per Tuesday, August 4, the company rating was maintained by Scotia Capital. GSA Capital Partners LLP acquired a new stake in shares of TransCanada in the third quarter valued at approximately $214,000. Institutional investors and hedge funds own 56.86% of the company's stock.
TRP has been the topic of a number of recent research reports. Bank of America assumed coverage on shares of TransCanada in a report on Tuesday. The firm issued a buy rating on the pipeline company's stock.
TransCanada (NYSE:TRP)'s stock was raised to a solid Overweight by professional analysts at Morgan Stanley.
WARNING: "Zacks Investment Research Upgrades TransCanada (TRP) to "Buy" was originally reported by StockNewsTimes and is owned by of StockNewsTimes. As per Tuesday, December 15, the company rating was initiated by JP Morgan. IBC upgraded TransCanada Corporation (NYSE:TRP) on Monday, December 7 to "Sector Outperform" rating. TheStreet lowered shares of TransCanada from a "b" rating to a "c+" rating in a research report on Thursday, November 9th.
TransCanada (NYSE:TRP) (TSE:TRP) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a report issued on Thursday. The company presently has an average rating of "Buy" and a consensus target price of $58.75. (NYSE TRP) traded down $0.37 during trading on Wednesday, hitting $48.95. 1,574,900 shares of the company's stock traded hands, compared to its average volume of 924,971. The company has a market capitalization of $41,990.00, a price-to-earnings ratio of 30.22, a P/E/G ratio of 1.99 and a beta of 0.66. The company has a quick ratio of 0.48, a current ratio of 0.51 and a debt-to-equity ratio of 1.68. The company was maintained on Wednesday, July 20 by Goldman Sachs. This represents a $2.50 annualized dividend and a yield of 4.20%. TransCanada's dividend payout ratio (DPR) is 120.79%. If you are accessing this report on another website, it was illegally stolen and reposted in violation of United States & global copyright and trademark laws.
TransCanada Corporation (TransCanada) is an energy infrastructure company. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Energy divisions.