Beutel Goodman & Co Ltd decreased its stake in Rogers Communication (RCI) by 0.43% based on its latest 2019Q1 regulatory filing with the SEC. Beutel Goodman & Co Ltd sold 86,872 shares as the company’s stock declined 5.30% while stock markets rallied. The institutional investor held 20.29 million shares of the consumer services company at the end of 2019Q1, valued at $1.09B, down from 20.38M at the end of the previous reported quarter. Beutel Goodman & Co Ltd who had been investing in Rogers Communication for a number of months, seems to be less bullish one the $27.12B market cap company. The stock decreased 1.03% or $0.55 during the last trading session, reaching $52.74. About 596,821 shares traded or 52.93% up from the average. Rogers Communications Inc. (NYSE:RCI) has risen 5.58% since July 23, 2018 and is uptrending. It has outperformed by 1.15% the S&P500. Some Historical RCI News: 19/04/2018 – ROGERS COMMUNICATIONS INC – ADOPTED IFRS 15 AND IFRS 9, FINANCIAL INSTRUMENTS EFFECTIVE

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