Consolidated Edison Inc (NYSE:ED) Big Money Quarterly Sentiment at 0.89

June 27, 2018 - By Madeline Delgado

Positions for Consolidated Edison Inc (NYSE:ED)

“Big money sentiment for Consolidated Edison Inc (NYSE:ED) in 2018 Q1 decreased to 0.89, revealed SEC filings. So its down -0.17, from 2017Q4’s 1.06. 266 investment managers increased or opened new positions, while 298 sold and decreased stock positions in Consolidated Edison Inc so the sentiment fall. These funds own 173.02 million shares, that’s up from 169.29 million shares in 2017Q4. Funds holding Consolidated Edison Inc in top 10 changed to 2 from 4 for a decrease of 2. 51 Investors Sold All; 247 Reduced Holdings; 192 increased holdings while 74 investment managers bought holdings.

Biggest Consolidated Edison Inc Investors

As of 2018 Q1 Tobam has 4.19% invested in Consolidated Edison Inc. As of 2018 Q1, 279,983 shares of Consolidated Edison Inc are owned by Welch Group Llc. Furthermore, Hgk Asset Management Inc reported 144,053 shares in Consolidated Edison Inc equivalent to 1.7% of its stock exposure. The California-based fund Apriem Advisors have invested about 1.61% of the active investment manager’s stock portfolio in Consolidated Edison Inc. The Michigan-based fund Regal Investment Advisors Llc holds 76,224 shares or 1.31% of their stock exposure.

Consolidated Edison, Inc., through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses in the United States.The firm is valued at $24.15 billion. The firm offers electric services to approximately 3.4 million clients in New York City and Westchester County; gas to approximately 1.1 million clients in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,649 clients in parts of Manhattan.15.42 is the P/E ratio. It also supplies electricity to approximately 0.3 million clients in southeastern New York, and northern New Jersey; and gas to approximately 0.1 million clients in southeastern New York.

ED touched $77.73 during the last trading session after $0.25 change.Consolidated Edison, Inc. has volume of 257,933 shares. Since June 27, 2017 ED has declined 7.47% and is downtrending. ED underperformed the S&P 500 by 20.04%.

Consolidated Edison, Inc. (NYSE:ED)’s earnings report is awaited on August, 2., Faxor reports. Analysts have expectation on stock’s EPS of $0.56. That’s down 3.45 % from last year’s $0.58 EPS. This could reach $174.01 million profit for ED assuming the current $0.56 EPS will become reality. -59.12 % negative EPS growth is what Wall Street’s sees after $1.37 reported EPS previous quarter.

Moreover, Birmingham Comm Incorporated Al has 0.32% invested in Consolidated Edison, Inc. (NYSE:ED). Carlson Cap Limited Partnership has 345,275 shs for 0.41% of their capital. Td Asset holds 0.01% or 115,632 shs. Northern stated it has 0.09% of its capital in Consolidated Edison, Inc. (NYSE:ED). Fiera Corp has 0% invested in Consolidated Edison, Inc. (NYSE:ED) for 2,580 shs. Old Natl Bancorp In has invested 0.11% in Consolidated Edison, Inc. (NYSE:ED). 9,956 were reported by Evergreen Cap Mgmt Lc. Valley Natl Advisers accumulated 0.03% or 1,156 shs. Private Ocean Ltd Liability Company holds 2,150 shs or 0.08% of its capital. Old Mutual Customised Solutions (Proprietary) Limited holds 20,461 shs or 0.16% of its capital. Lsv Asset Mgmt, Illinois-based fund reported 750,500 shs. Driehaus Capital Ltd Co accumulated 3,161 shs. Raymond James Na invested 0.1% in Consolidated Edison, Inc. (NYSE:ED). Lucas Mgmt invested in 4,599 shs or 0.35% of the stock. 9,620 are held by Wills Group Inc.

Consolidated Edison, Inc. had 1 sale and 53 buys since December 31, 2017. This’s net activity of $150,984. The insider Cawley Timothy bought $2,344. McAvoy John also bought $4,442 worth of Consolidated Edison, Inc. (NYSE:ED) on Sunday, December 31. On Thursday, May 31 Nadkarni Gurudatta D bought $2,071 worth of Consolidated Edison, Inc. (NYSE:ED) or 27 shs. On Sunday, December 31 Sanchez Robert bought $3,745 worth of Consolidated Edison, Inc. (NYSE:ED). On Wednesday, January 31 $2,183 worth of Consolidated Edison, Inc. (NYSE:ED) was bought by Moore Elizabeth D. Shares for $8,850 were bought by HOGLUND ROBERT N.

Consolidated Edison, Inc. (NYSE:ED) Ratings Coverage

In total 6 analysts cover Con Edison (NYSE:ED). “Buy” rating has 0, “Sell” are 3, while 3 are “Hold”. (NYSE:ED) has 0 bullish analysts. With $88.0 highest and $71 lowest target, Con Edison has $78 average target or 0.35% above the current ($77.73) price. 10 are the (NYSE:ED)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Monday, April 16 the stock of Consolidated Edison, Inc. (NYSE:ED) earned “Underweight” rating by Morgan Stanley. In Tuesday, February 13 report Morgan Stanley maintained the stock with “Underweight” rating. On Tuesday, January 2 Guggenheim maintained Consolidated Edison, Inc. (NYSE:ED) with “Hold” rating. In Thursday, February 15 report Guggenheim maintained it with “Hold” rating and $79.0 target. In Tuesday, April 10 report JP Morgan maintained the stock with “Underweight” rating. The stock rating was maintained by RBC Capital Markets with “Hold” on Thursday, February 1. On Friday, January 12 the firm has “Sell” rating by J.P. Morgan given. On Wednesday, June 13 the stock has “Underweight” rating by Morgan Stanley.

There’s an important Consolidated Edison, Inc. (NYSE:ED) news brought out by Seekingalpha.com. It’s an item titled: “Bert’s Recent Buy – Consolidated Edison” on June 26, 2018.

Consolidated Edison, Inc. (NYSE:ED) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: