TC Energy (NYSE:TRP – Get Free Report) (TSE:TRP) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, November 8th. Analysts expect the company to announce earnings of $0.72 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
TC Energy Trading Up 0.8 %
TC Energy stock opened at $36.51 on Monday. TC Energy has a 52 week low of $32.51 and a 52 week high of $49.51. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.52 and a current ratio of 0.61. The firm has a market capitalization of $37.88 billion, a PE ratio of 50.71, a PEG ratio of 2.97 and a beta of 0.82. The business’s 50-day simple moving average is $35.32 and its 200-day simple moving average is $37.86.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of TRP. ICA Group Wealth Management LLC lifted its holdings in TC Energy by 23.8% during the first quarter. ICA Group Wealth Management LLC now owns 1,450 shares of the pipeline company’s stock valued at $56,000 after purchasing an additional 279 shares in the last quarter. Boothbay Fund Management LLC lifted its holdings in TC Energy by 1.0% during the second quarter. Boothbay Fund Management LLC now owns 31,537 shares of the pipeline company’s stock valued at $1,274,000 after purchasing an additional 300 shares in the last quarter. Cetera Advisor Networks LLC lifted its holdings in TC Energy by 6.0% during the first quarter. Cetera Advisor Networks LLC now owns 5,664 shares of the pipeline company’s stock valued at $320,000 after purchasing an additional 323 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of TC Energy by 0.8% in the second quarter. Integrated Wealth Concepts LLC now owns 47,106 shares of the pipeline company’s stock worth $1,904,000 after buying an additional 356 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position in shares of TC Energy by 11.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 3,584 shares of the pipeline company’s stock worth $141,000 after acquiring an additional 380 shares during the last quarter. 73.67% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
TC Energy Company Profile
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,700 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.
- Five stocks we like better than TC Energy
- What Are MATANA Stocks?
- MarketBeat Week in Review – 10/30 – 11/3
- Manufacturing Stocks Investing
- Shocking uranium play that hedge funds kept hidden
- How to Invest in Mining Stocks
- Dependable dividends: Why utility stocks are on fire
Receive News & Ratings for TC Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TC Energy and related companies with MarketBeat.com's FREE daily email newsletter.