Monday, 11 December, 2017

Could Edison International (EIX) Gain Strenght? The Stock Reaches 1 Year Low

Sherri Watson | 08 December, 2017, 10:23

Edison Intl now has $23.24B valuation. About 119,547 shares traded or 64.84% up from the average. Edison International (NYSE:EIX) has risen 12.39% since December 7, 2016 and is uptrending. It has underperformed by 4.31% the S&P500.

Tudor Investment Corp Et Al decreased Edison International (EIX) stake by 49.09% reported in 2017Q2 SEC filing. TCI Wealth Advisors Inc. now owns 2,630 shares of the utilities provider's stock worth $203,000 after purchasing an additional 1,533 shares in the last quarter. The company was downgraded on Wednesday, December 6 by Mizuho.

The stock decreased 1.74% or $1.215 during the last trading session, reaching $68.785. About 350,240 shares traded. Yield10 Bioscience, Inc. (NASDAQ:YTEN) has 0.00% since December 6, 2016 and is. It has underperformed by 16.70% the S&P500.

Investors sentiment decreased to 0.88 in Q2 2017. Its down 0.12, from 1 in 2017Q1. It turned negative, as 81 investors sold BIIB shares while 321 reduced holdings. 74 funds opened positions while 236 raised stakes. Caisse De Depot Et Placement Du Quebec reported 242,353 shares stake. Trust Department Mb Financial Bank N A has 235 shares for 0% of their portfolio. Engineers Gate Manager LP purchased a new stake in shares of Consolidated Edison in the second quarter worth $3,562,000. Howe Rusling stated it has 67 shares or 0% of all its holdings. Carroll Assoc Inc invested in 0.04% or 4,033 shares. The Pennsylvania-based Somerset Tru has invested 0.67% in Verizon Communications Inc. (NASDAQ:BIIB). Factory Mutual invested in 108,700 shares. (NYSE:VZ). Wfg Limited Partnership accumulated 34,861 shares or 0.35% of the stock. Moreover, South Dakota Invest Council has 0.55% invested in Verizon Communications Inc. (NYSE:ED). Dt Invest Partners Ltd Liability Co owns 12,837 shares or 0.2% of their U.S. portfolio. Brighton Jones Llc holds 0.03% or 2,953 shares. Voya Investment Mngmt Ltd Liability Corp reported 232,614 shares. Twin Capital Mgmt reported 0.37% stake.

Consolidated Edison, Inc. has a 52-week low of $69.33 and a 52-week high of $89.58.

Has $32.06 Million Holdings in Consolidated Edison, Inc.

Among 17 analysts covering Edison (NYSE:EIX), 9 have Buy rating, 0 Sell and 8 Hold. Therefore 57% are positive. The stock of Biogen Inc. Seaport Global initiated it with "Buy" rating and $100 target in Monday, October 24 report. The rating was maintained by Citigroup on Monday, September 14 with "Neutral".

In analysts report issued to clients and investors on Thursday, 7 December, SSE PLC (LON:SSE) stock "Neutral" was restate by Analysts at JP Morgan Cazenove. The firm has "Sector Outperform" rating given on Tuesday, March 15 by Scotia Capital. Barclays Capital has "Equalweight" rating and $68 target. The stock has "Equal-Weight" rating by Barclays Capital on Friday, January 22. The rating was maintained by Argus Research on Wednesday, April 20 with "Buy".

A statistical measure of the dispersion of returns (volatility) for EIX producing salvation in Investors mouth, it has week volatility of 1.10% and for the month booked as 1.20%. Its up 0.05, from 0.9 in 2017Q1.

Hedge funds have recently made changes to their positions in the company. 263.50 million shares or 0.35% more from 262.59 million shares in 2017Q1 were reported. Schroder Investment Gru invested 0% of its portfolio in Edison International (NYSE:EIX). 7,916 are owned by Clifford Swan Inv Counsel Ltd Liability. US Bancorp DE now owns 69,262 shares of the utilities provider's stock worth $5,598,000 after acquiring an additional 710 shares during the last quarter. Hillswick Asset Management Limited Liability holds 43,820 shares or 1.49% of its portfolio.

Cohen & Steers Inc increased Edison International (EIX) stake by 2.63% reported in 2017Q2 SEC filing. Teacher Retirement Of Texas has 109,860 shares for 0.06% of their portfolio. Moreover, Meeder Asset Mngmt has 0.32% invested in Edison International (NYSE:EIX) for 42,915 shares. Cetera Advisor Ntwk Limited Liability Company reported 20,901 shares. Jnba Advsr invested 0.03% of its portfolio in Edison International (NYSE:EIX). Paloma Ptnrs Management has 0.05% invested in Edison International (NYSE:EIX) for 51,944 shares. Manchester Cap Management Llc owns 1,155 shares for 0.01% of their portfolio.

Edison International (EIX) performance during the last one year degraded -0.19 percent, while its year to date (YTD) performance showed a negative trend of -4.54 percent. Vanguard Gp has 27.36 million shares. The stock of Edison International (NYSE:EIX) earned "Buy" rating by Evercore on Tuesday, January 26. Therefore 7% are positive. Edison had 48 analyst reports since August 3, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with "Buy" rating and $8500 target in Thursday, July 13 report. The firm has "Hold" rating by Vetr given on Monday, August 10. The firm has "Sell" rating by Goldman Sachs given on Wednesday, September 14. Jefferies maintained the shares of EIX in report on Monday, June 12 with "Hold" rating. (NYSE:EOG) on Wednesday, December 9 with "Neutral" rating. The company's market cap is $22.43 Billion. Ionis Pharmaceuticals Inc was raised too. Girard Partners LTD. now owns 5,578 shares of the utilities provider's stock valued at $451,000 after acquiring an additional 2,671 shares in the last quarter. EIX's profit will be $306.27 million for 18.62 P/E if the $0.94 EPS becomes a reality.