Consolidated Edison, Inc. (ED) Stake Increased by Apriem Advisors


AKS's overall volume in the last trading session was 20,818,371 shares. About 2.57 million shares traded or 29.91% up from the average. Edison International (NYSE:EIX) has risen 12.39% since December 6, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.

If we look at the Volatility of Edison International (EIX), Week Volatility is 4.14%, whereas Month Volatility is at 1.87%. The company was downgraded on Wednesday, December 6 by Mizuho. Verizon Communications now has $205.44 billion valuation. Morgan Stanley upped their price target on Consolidated Edison from $78.00 to $80.00 and gave the company an "underweight" rating in a research note on Friday, September 8th. Macquarie Gru Limited reported 10.24 million shares.

Investors sentiment decreased to 0.88 in Q2 2017. Its up 0.29, from 0.92 in 2017Q1. It turned negative, as 81 investors sold BIIB shares while 321 reduced holdings. Salem Investment Counselors holds 1,200 shares. Neuberger Berman Ltd Liability Company holds 0.03% or 278,071 shares in its portfolio. Keybank Association Oh owns 13,620 shares. Moreno Evelyn V stated it has 20,315 shares or 1.69% of all its holdings.

Congress Asset Management Company increased Resmed Inc (NYSE:RMD) stake by 90,660 shares to 1.02 million valued at $79.12M in 2017Q2. Moreover, South Dakota Invest Council has 0.55% invested in Verizon Communications Inc. (NASDAQ:BIIB). Factory Mutual invested in 108,700 shares. Nomura initiated the shares of VZ in report on Friday, October 16 with "Neutral" rating.

Among 26 analysts covering Verizon Communications Inc. Jefferies Limited Liability Co accumulated 185,661 shares or 0.1% of the stock. Sentinel Asset Mgmt holds 0.49% or 74,300 shares. Ajo L P owns 1.28 million shares. Finally, Trexquant Investment LP acquired a new stake in shares of Edison International in the second quarter valued at approximately $563,000.

Analysts await Verizon Communications Inc. Oppenheimer Asset Mgmt holds 0% or 1,584 shares. Verizon Communications Inc. had 59 analyst reports since July 22, 2015 according to SRatingsIntel.

The stock of Yield10 Bioscience, Inc. (NYSE:VZ) on Monday, March 14 with "Neutral" rating. They issued a "buy" rating and a $92.00 price target on the stock. Citigroup maintained Verizon Communications Inc. SunTrust maintained the stock with "Buy" rating in Monday, October 19 report.

When investing in a volatile security, the risk of success is increased just as much as the risk of failure. Its up 0.29, from 0.92 in 2017Q1. Finally, Enterprise Financial Services Corp increased its position in shares of Consolidated Edison by 6.0% during the 2nd quarter.

Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. 263.50 million shares or 0.35% more from 262.59 million shares in 2017Q1 were reported. Btim has invested 0.07% in Edison International (NYSE:EIX). Mufg Americas Corporation owns 79,851 shares. Campbell & Inv Adviser Lc reported 0.71% stake. Inc. owns 20,022 shares or 0.26% of their USA portfolio.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Connor Clark & Lunn Invest Limited owns 43,950 shares for 0.02% of their portfolio. Teacher Retirement Of Texas has 109,860 shares for 0.06% of their portfolio. The firm has a market cap of $27,292.25, a price-to-earnings ratio of 21.95, a price-to-earnings-growth ratio of 7.17 and a beta of 0.10. Amalgamated Bancorporation holds 0.09% of its portfolio in Edison International (NYSE:EIX) for 35,902 shares. Stevens Cap Mngmt Ltd Partnership reported 102,184 shares or 0.3% of all its holdings. During the same period last year, the firm earned $1.51 earnings per share. research analysts anticipate that Consolidated Edison, Inc. will post 4.09 EPS for the current year. Five research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. Therefore 53% are positive. RBC Capital Markets maintained it with "Buy" rating and $84.0 target in Wednesday, October 18 report. Barclays Capital has "Equal-Weight" rating and $68 target. Deutsche Bank now has a hold rating on the stock. UBS downgraded the shares of EIX in report on Wednesday, May 17 to "Hold" rating. BMO Capital Markets maintained the stock with "Buy" rating in Thursday, July 13 report. Adams Diversified Equity Fund Incorporated holds 0.58% or 130,300 shares in its portfolio. Hasbro Inc (NASDAQ:HAS) was raised too. The utilities provider reported $1.47 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.54 by ($0.07). EIX's profit will be $306.26M for 18.21 P/E if the $0.94 EPS becomes a reality. After $1.43 actual earnings per share reported by Edison International for the previous quarter, Wall Street now forecasts -34.27% negative EPS growth.

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