Tobam Decreased Consolidated Edison INC (ED) Stake as Shares Rose

Big Money Sentiment increased to 1.28 in Q4 2018. It has change of 0.34, from 2018Q3’s 0.94. The ratio improved due to ED positioning: 35 sold and 189 reduced. 89 funds bought stakes and 197 increased stakes. Investors holded 174.11 million in 2018Q3 but now own 187.65 million shares or 7.77% more. Magellan Asset Mgmt reported 216,342 shs or 0.06% of all its holdings. Hamel Associate has invested 2.21% of its capital in Consolidated Edison, Inc. (NYSE:ED). Pettyjohn Wood White Inc has 2,800 shs. New York-based Guardian Life Ins Of America has invested 0.01% in Consolidated Edison, Inc. (NYSE:ED). Ferguson Wellman Cap Mngmt Incorporated has invested 0.01% of its capital in Consolidated Edison, Inc. (NYSE:ED). Murphy Cap stated it has 0.28% of its capital in Consolidated Edison, Inc. (NYSE:ED). Plante Moran Advsrs Limited Liability Corp holds 0.02% of its capital in Consolidated Edison, Inc. (NYSE:ED) for 825 shs. Lifeplan Finance Gru holds 0.07% of its capital in Consolidated Edison, Inc. (NYSE:ED) for 1,700 shs. Aqr Capital Ltd Llc holds 7.30M shs. Amp Limited reported 261,607 shs or 0.13% of all its holdings. Balasa Dinverno Foltz Ltd stated it has 0.03% in Consolidated Edison, Inc. (NYSE:ED). Federated Pa owns 119,469 shs. Woodley Farra Manion Portfolio holds 57,856 shs. Albion Financial Group Inc Ut owns 59,174 shs for 0.7% of their capital. Commerce Commercial Bank reported 0.03% of its capital in Consolidated Edison, Inc. (NYSE:ED).

ED had 0 insider sales and 52 insider purchases since September 30, 2018. This’s net activity of $156,793. On Sunday, September 30 $4,292 worth of stock was bought by Moore Elizabeth D. Another trade for 60 shs valued at $4,916 was bought by McAvoy John. On Thursday, February 28 29 shs were bought by HOGLUND ROBERT N, worth $2,283. On Sunday, September 30 Shares for $7,233 were bought by Nadkarni Gurudatta D. On Sunday, September 30 $4,053 worth of Consolidated Edison, Inc. (NYSE:ED) was bought by Shukla Saumil P. Cawley Timothy also bought $4,451 worth of Consolidated Edison, Inc. (NYSE:ED) on Sunday, September 30.

Tobam decreased its stake by 3.02% in Consolidated Edison Inc (ED), according to 2018Q4 Securities and Exchange form. By selling 41,115 shares Tobam made the stock popped up with 5.53%. At the end of 2018Q4, the 1.32 million shares of the power generation company held by the institutional investor were priced at $100.81M, down from 1.36 million at the end of the previous reported quarter. Consolidated Edison Inc has $27.40B MC. Ticker’s shares touched $85.34 during the last trading session after 0.42% change.Consolidated Edison, Inc. has volume of 917,657 shares. Since March 15, 2018 ED has risen 11.54% and is uptrending. ED outperformed the S&P 500 by 7.17%.

Tobam upped its stake in Autozone Inc (NYSE:AZO) by 12,383 shares to 16,746 shares, valued at $14.04 million in 2018Q4, according to the filing. It manages about $5.57B and $2.08 billion US Long portfolio. Tobam has risen its stake in Public Storage Inc (NYSE:PSA) and also increased its holding in Cms Energy Corp (NYSE:CMS) by 102,970 shares in the quarter, for a total of 361,368 shares.

Consolidated Edison, Inc. (NYSE:ED) is awaited to publish earnings on May, 2., according to Zacks. Analysts expect change of 4.38 % or $0.06 from previous year’s $1.37 EPS compared to current’s $1.43 EPS. If the current EPS of $1.43 is accurate, ED’s profit could be $459.14 million. After $0.77 EPS was reported previous quarter, analysts now see EPS growth of 85.71 % for Consolidated Edison, Inc..

For more Consolidated Edison, Inc. (NYSE:ED) news released recently go to: Seekingalpha.com, Globenewswire.com, Businessinsider.com, Benzinga.com or 247Wallst.com. The titles are as follows: “Can Consolidated Edison Power Your Portfolio? – Seeking Alpha” released on February 14, 2019, “Report: Exploring Fundamental Drivers Behind Procter & Gamble, Consolidated Edison, Lennar, Endo International plc, Box, and FRONT YARD RESIDENTIAL CORP — New Horizons, Emerging Trends, and Upcoming Developments – GlobeNewswire” on March 07, 2019, “Nasdaq and NYSE file lawsuits against SEC – Business Insider” with a publish date: February 15, 2019, “Benzinga’s Top Upgrades, Downgrades For March 14, 2019 – Benzinga” and the last “Top Analyst Upgrades and Downgrades: Activision, Biogen, Deere, DocuSign, Ford, Freeport-McMoRan, GM, Lattice Semi, Qualys, Shopify, Under Armour and More – 24/7 Wall St.” with publication date: February 13, 2019.

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

A total of 10 analysts rate Consolidated Edison (NYSE:ED) as follows: 1 “Buy”, 6 “Hold” and 3 “Sell”. Тherefore 10% are bullish. (NYSE:ED) has 16 ratings reports on Mar 15, 2019 according to StockzIntelligence. The company rating was initiated by Mizuho on Monday, March 11. In Wednesday, February 13 report Evercore downgraded the stock to “Underperform” rating. On Friday, September 21 the company was maintained by Morgan Stanley. In Tuesday, November 6 report Goldman Sachs upgraded it to “Neutral” rating and $73 target. On Monday, September 17 the firm earned “Market Perform” rating by Wells Fargo. On Tuesday, February 12 the stock of Consolidated Edison, Inc. (NYSE:ED) has “Underweight” rating given by Morgan Stanley. In Monday, November 19 report Barclays Capital maintained the stock with “Equal-Weight” rating. On Wednesday, September 26 the stock of Consolidated Edison, Inc. (NYSE:ED) earned “Buy” rating by Bank of America. In Monday, November 5 report Evercore upgraded it to “In-Line” rating and $74 target. On Friday, November 2 the firm has “Buy” rating by Bank of America given.

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

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