Published: Fri, December 08, 2017
Business | By Max Garcia

Consolidated Edison, Inc. (NYSE:ED) Position Trimmed by Zurcher Kantonalbank Zurich Cantonalbank

263.50 million shares or 0.35% more from 262.59 million shares in 2017Q1 were reported.

Moreover, Livforsakringsbolaget Skandia Omsesidigt has 0.11% invested in Edison International (NYSE:EIX) for 14,776 shares. 6,608 are held by Mitchell Mcleod Pugh & Williams.

While taking a look at financials, we can look at a number of key indicators about Consolidated Edison, Inc. Asset Management One Limited holds 565,150 shares or 0.11% of its portfolio. Geode Mngmt Lc accumulated 3.24 million shares or 0.1% of the stock. Currently AK Steel Holding Corporation (NYSE:AKS)'s shares owned by insiders are 0.50%, whereas shares owned by institutional owners are 66.50%. NORTHERN TRUST CORP also announced increased position in Edison International (EIX) during the quarter. Cubist Systematic Strategies Lc reported 0.12% in Edison International (NYSE:EIX). 5,844 are held by Dana Invest Advsrs. Swiss Bank reported 1.32 million shares stake. Dorsey And Whitney Tru Company Ltd Llc accumulated 2,607 shares. The Bluecrest Capital Management Ltd holds 26,616 shares with $2.08 million value, down from 407,883 last quarter. Boston Partners raised its stake in Edison International by 4.2% during the 2nd quarter. United Svcs Automobile Association holds 0.12% or 510,679 shares.

Caisse DE Depot ET Placement DU Quebec grew its holdings in Edison International (NYSE:EIX) by 9.8% in the third quarter, according to its most recent disclosure with the SEC.

The company's diluted EPS for trailing twelve months was 4.38. Following the completion of the transaction, the insider now directly owns 14,121 shares in the company, valued at $1,157,922. According to the most recent data, Edison International has a 52-week high of $83.38 and a 52-week low of $68.76. During such technical setups, fundamental investors usually stay away and are careful buying the stock. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.18% with $325.24 Million sitting short, betting on future declines. On the other side of RSI values, an RSI reading of 30 or below is commonly interpreted as indicating an oversold or undervalued condition that may signal a trend change or corrective price reversal to the upside. It has underperformed by 16.70% the S&P500. During the same period in the previous year, the company earned $1.51 earnings per share. equities analysts anticipate that Consolidated Edison, Inc. will post 4.09 EPS for the current year. Vanguard Group Inc. now owns 27,363,702 shares of the utilities provider's stock valued at $2,139,568,000 after buying an additional 487,713 shares during the last quarter. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Therefore 53% are positive. (NASDAQ:BIIB), 21 have Buy rating, 0 Sell and 10 Hold. The stock has "Equal-Weight" rating by Morgan Stanley on Thursday, August 10. On Tuesday, September 19 the stock rating was maintained by Jefferies with "Buy". Royal Bank of Canada reissued a "buy" rating and set a $84.00 price objective on shares of Edison International in a report on Friday, February 24th. The firm has "Hold" rating given on Monday, June 12 by Jefferies. The firm has "Neutral" rating by Citigroup given on Wednesday, July 20.

More notable recent Edison International (NYSE:EIX) news were published by: which released: "Edison's 13% fire-fueled selloff an overreaction, SunTrust says; others wait" on December 05, 2017, also with their article: "Southern California Edison: Playing With Fire" published on December 06, 2017, published: "Why Toll Brothers, Cleveland-Cliffs, and Edison International Slumped Today" on December 05, 2017. Oregon-based Vision Cap Mgmt has invested 0.16% in Edison International (NYSE:EIX). The Company is also the parent company of Edison Energy Group, Inc (Edison Energy Group), a holding company for subsidiaries engaged in pursuing competitive business opportunities across energy services and distributed solar to commercial and industrial customers. The firm has a market capitalization of $22,806.78, a PE ratio of 15.94, a P/E/G ratio of 2.54 and a beta of 0.23. The firm generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources. Companies with a high P/E ratio are typically growth stocks. As of December 31, 2016, SCE, a public utility, was primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area of southern California.

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