Published: Fri, December 08, 2017
Research | By Raquel Erickson

Checking the Overall Picture for Edison International (EIX)

Checking the Overall Picture for Edison International (EIX)

The legal version of this piece of content can be viewed at It has underperformed by 4.31% the S&P500. Sg Americas Secs Lc reported 0.05% stake. Pineno Levin Ford Asset Mgmt Inc accumulated 68,287 shares or 2.67% of the stock. BB&T Corp grew its position in shares of Consolidated Edison by 0.4% in the 2nd quarter. Microsoft Corp Com now has $635.37B valuation. The stock increased 0.27% or $0.25 during the last trading session, reaching $94.16. About 350,240 shares traded. SSE plc (LON:SSE) has 0.00% since December 7, 2016 and is. It has outperformed by 17.82% the S&P500. The utilities provider reported $1.43 EPS for the quarter, beating the consensus estimate of $1.33 by $0.10. EIX's profit will be $306.26M for 18.21 P/E if the $0.94 EPS becomes a reality. After $1.43 actual earnings per share reported by Edison International for the previous quarter, Wall Street now forecasts -34.27 % negative EPS growth. Mizuho reiterated a "buy" rating and issued a $87.00 price target (up previously from $84.00) on shares of Edison International in a research note on Wednesday, August 23rd. Therefore 53% are positive. The rating was upgraded by Evercore to "Buy" on Tuesday, January 26. The firm earned "Buy" rating on Wednesday, October 18 by RBC Capital Markets. (NASDAQ:BIIB) has "Buy" rating given on Monday, October 23 by SunTrust. With firms focus on quarter in and Qtr, shares continue to follow optimism stock maintained at -17.58% below 52 week high As prices near 52 Week there is enough gap in the intrinsic value and current price, so focus should be on the core drivers, not price. Farallon Capital Mgmt Ltd Company reported 1.77% in Microsoft Corporation (NASDAQ:MSFT). As per Tuesday, August 11, the company rating was downgraded by Deutsche Bank. The rating was maintained by Morgan Stanley on Thursday, August 10 with "Equal-Weight".

Edison International (EIX) declined -1.83% and closed its last trading session at $68.72.

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 down 0.16, from 1.04 in 2017Q1. Narrowing in, the stock is at a distance of -13.46% from the 50 day high and 6.43% off of the 50 day low.Covering sell-side analysts have recently weighed in on shares of Edison International (NYSE:EIX). 69 funds opened positions while 179 raised stakes. The utilities provider reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.21. The firm has "Hold" rating given on Monday, June 12 by Jefferies. Louisiana State Employees Retirement System has invested 0.08% of its portfolio in Edison International (NYSE:EIX). The high insider ownership can as a matter of fact lead to the contradictory result, a management team that is unaccountable because they can keep their jobs under nearly any circumstance. The fund owned 261,169 shares of the utilities provider's stock after buying an additional 23,400 shares during the period. Robeco Institutional Asset Management Bv holds 51,702 shares or 0.03% of its portfolio. Pitcairn has invested 0.03% in Edison International (NYSE:EIX). Duncker Streett & Inc has invested 0.01% in Capital One Financial Corporation (NYSE:COF). Jolley Asset Mgmt Ltd Limited Liability Company holds 190 shares or 0.01% of its portfolio. Frontier Cap Mgmt Co Limited Liability Co holds 0% or 948 shares in its portfolio. Finally, Diligent Investors LLC bought a new position in shares of Edison International during the fourth quarter worth about $208,000.

Assetmark Inc. lowered its position in Edison International (NYSE:EIX) by 64.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Commonwealth Bancshares Of Australia stated it has 0.03% in Edison International (NYSE:EIX). Cubist Systematic Strategies Ltd holds 0.12% in Edison International (NYSE:EIX) or 24,278 shares. Amalgamated Bancorporation holds 0.09% of its portfolio in Edison International (NYSE:EIX) for 35,902 shares. Service holds 153 shares. Stockholders of record on Wednesday, November 15th will be paid a dividend of $0.69 per share. Kohl's Corp. (NYSE:KSS) was raised too. Engineers Gate Manager LP purchased a new stake in shares of Consolidated Edison in the second quarter worth $3,562,000. Wellington Shields And Ltd Co reported 78,780 shares stake. Vanguard Index Fds (VV) was raised too.

Among 17 analysts covering Edison (NYSE:EIX), 9 have Buy rating, 0 Sell and 8 Hold. As per Friday, October 16, the company rating was downgraded by Jefferies. BMO Capital Markets maintained Biogen Inc. Argus Research has "Buy" rating and $81 target. The company was upgraded on Thursday, December 1 by Stifel Nicolaus. The firm has "Buy" rating given on Friday, September 29 by SunTrust. A rating of 4 or 5 would represent a Sell recommendation.

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