Based on the latest 2018Q4 regulatory filing with the SEC, Mackenzie Financial Corp reduced its holdings in Telus Corp (TU) by 0.78%. The company’s stock declined 0.81% while stock markets rallied as Mackenzie Financial Corp sold 181,431 shares. The hedge fund is holding 22.93 million shares, compared to the 23.11M from the previous quarter. And the announced value of the telecommunications equipment company is $759.95M for the 2018Q4. $21.71 billion is Telus Corp’s MC. Ticker’s shares touched $35.38 during the last trading session after 1.22% change.Currently TELUS Corporation is downtrending after 1.61% change in last March 10, 2018. TU has 399,901 shares volume. The stock underperformed the S&P500 by 5.98%.

Mackenzie Financial Corp operates about $61.70B and $38.04B US Long portfolio. According to a filing the fund increased its stake in Disney Walt Co (NYSE:DIS) by 176,023 shares to 194,234 shares, valued at $21.30 million in 2018Q4. Mackenzie Financial Corp has risen its stake in Blackberry Ltd (NASDAQ:BBRY) and also increased its holding in Verisk Analytics Inc (NASDAQ:VRSK) by 198,308 shares in the quarter, for a total of 1.20M shares.

On May, 9 TELUS Corporation (NYSE:TU)’s earnings report is anticipated by WallStreet, as reported by Faxor. Analysts forecast $0.56 earnings per share. That’s $0.04 down or 6.67 % from 2018’s earnings of $0.6. TU’s profit could hit $343.61 million with 15.79 P/E in case $0.56 earnings per share is published. Wall Street sees 5.66 % EPS growth as of May, 9.

For more TELUS Corporation (NYSE:TU) news announced briefly go to: Nasdaq.com, Fool.ca, Fool.ca, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Join TELUS and help give $1 million to SickKids Hospital – Nasdaq” announced on March 07, 2019, “1 Reason to Hold Onto BCE Inc. (TSX:BCE) and Telus Corp. (TSX:T) in March – The Motley Fool Canada” on March 02, 2019, “Why I’d Be Worried Sick If I Owned Telus (TSX:T) Stock – The Motley Fool Canada” with a publish date: February 26, 2019, “TELUS’s (TU) CEO Darren Entwistle on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” and the last “Investing The Canadian Way – Tricks I Use To Boost My Returns – Seeking Alpha” with publication date: February 21, 2019.

TELUS Corporation (NYSE:TU) Ratings Coverage

In total 3 analysts cover Telus (NYSE:TU). “Buy” rating has 3, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 4 are the (NYSE:TU)’s analyst reports since February 15, 2019 according to StockzIntelligence Inc. On Friday, February 15 the stock of TELUS Corporation (NYSE:TU) has “Buy” rating given by Canaccord Genuity. On Friday, February 15 RBC Capital Markets maintained TELUS Corporation (NYSE:TU) with “Buy” rating.