Consolidated Edison Inc (NYSE:ED) Big Money Q1 2018 Sentiment at 0.89

June 27, 2018 - By Ira Colvard

Positions for Consolidated Edison Inc (NYSE:ED)

In 2018 Q1 Consolidated Edison Inc (NYSE:ED) big money sentiment decreased to 0.89, revealed SEC filings. That’s down -0.17, from 2017Q4’s 1.06. 266 investment professionals started new or increased holdings, while 298 decreased and sold positions in Consolidated Edison Inc so the sentiment dropped. Funds own 173.02 million shares, 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. In total 51 funds closed positions, 247 reduced and 192 increased. Also 74 funds bought new Consolidated Edison Inc stakes.

Biggest Consolidated Edison Inc Investors

As of 2018 Q1 Tobam has 4.19% invested in Consolidated Edison Inc. Consolidated Edison Inc’s shareholder Welch Group Llc owns 279,983 shares as of 2018 Q1. In addition, Hgk Asset Management Inc reported 144,053 shares in Consolidated Edison Inc equivalent to 1.7% of its long stock exposure. The California-based fund Apriem Advisors have invested about 1.61% of the institutional investor’s stock portfolio in Consolidated Edison Inc. The Michigan-based fund Regal Investment Advisors Llc looks positive on Consolidated Edison Inc, owning 76,224 shares.

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.The P/E ratio is 15.42. 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.

Ticker’s shares touched $77.73 during the last trading session after 0.32% change.Currently Consolidated Edison, Inc. is downtrending after 7.47% change in last June 27, 2017. ED has 257,933 shares volume. ED underperformed by 20.04% the S&P 500.

Consolidated Edison, Inc. (NYSE:ED)’s earnings report is anticipated by WallStreet on August, 2, as reported by Faxor. Analysts predict 3.45 % diference or $0.56 from the $0.58 EPS from 2017. ED’s profit could hit $174.01M with 34.70 P/E in case $0.56 EPS is published. Wall Street now forecasts -59.12 % negative EPS growth despite Consolidated Edison, Inc. previous quarter’s EPS of $1.37.

Rhumbline Advisers accumulated 591,971 shs. Endurance Wealth reported 2,500 shs. Jpmorgan Chase And has 0.01% invested in Consolidated Edison, Inc. (NYSE:ED). Ontario Teachers Pension Plan Board, a Ontario – Canada-based fund reported 51,391 shs. Covington Advisors Inc owns 5,030 shs. Putnam Limited Company stated it has 0% in Consolidated Edison, Inc. (NYSE:ED). Tradewinds Capital Management Ltd Liability reported 0% of its capital in Consolidated Edison, Inc. (NYSE:ED). Moreover, Catawba Cap Va has 0.13% invested in Consolidated Edison, Inc. (NYSE:ED) for 7,203 shs. Teacher Retirement Of Texas reported 551,197 shs. Virginia Retirement Systems Et Al invested 0.18% of its capital in Consolidated Edison, Inc. (NYSE:ED). Tobam invested in 1.31 million shs. Bradley Foster & Sargent Ct has 0.01% invested in Consolidated Edison, Inc. (NYSE:ED) for 3,713 shs. New Mexico Educational Retirement Board reported 0.09% in Consolidated Edison, Inc. (NYSE:ED). Eii Cap Inc holds 0.04% or 799 shs in its capital. 1,139 were reported by Howe And Rusling.

Consolidated Edison, Inc. registered $150,984 net activity with 53 insider buys and 1 sale since December 31, 2017. Sanchez Robert bought $2,306 worth of stock. 7 shs valued at $566 were bought by OATES JOSEPH P on Wednesday, January 31. On Thursday, May 31 the insider Moore Elizabeth D bought $2,225. 30 Consolidated Edison, Inc. (NYSE:ED) shs with value of $2,339 were bought by McAvoy John. On Sunday, December 31 Muccilo Robert bought $6,620 worth of Consolidated Edison, Inc. (NYSE:ED) or 76 shs. On Saturday, March 31 RESHESKE FRANCES bought $76 worth of Consolidated Edison, Inc. (NYSE:ED) or 1 shs.

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”. 0 are bullish. With $88.0 highest and $71 lowest price target Con Edison has $78 average price target or 0.35% above the current ($77.73) price. 10 are the (NYSE:ED)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Friday, January 12 J.P. Morgan initiated Consolidated Edison, Inc. (NYSE:ED) rating. J.P. Morgan has “Sell” rating and $78.0 target. On Thursday, February 1 the firm earned “Hold” rating by RBC Capital Markets. On Monday, April 16 the firm has “Underweight” rating by Morgan Stanley given. On Tuesday, February 13 the firm earned “Underweight” rating by Morgan Stanley. On Tuesday, January 2 the firm has “Hold” rating by Guggenheim given. On Thursday, February 15 the firm earned “Hold” rating by Guggenheim. On Wednesday, June 13 the company was maintained by Morgan Stanley. The stock rating was maintained by JP Morgan with “Underweight” on Tuesday, April 10.

There’s a significant Consolidated Edison, Inc. (NYSE:ED) news posted by Seekingalpha.com. It’s an article titled: “Bert’s Recent Buy – Consolidated Edison” on June 26, 2018.

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

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