Consolidated Edison INC (ED) Holder Trust Company Of Virginia Has Trimmed Position

February 14, 2018 - By Adrian Mccoy

Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.04, from 1.12 in 2017Q2. It dropped, as 31 investors sold ED shares while 224 reduced holdings. 60 funds opened positions while 215 raised stakes. 169.54 million shares or 1.03% more from 167.81 million shares in 2017Q2 were reported. 30,477 are owned by Profund Advisors Limited Liability Co. Gideon Cap Advsrs Inc holds 1.02% or 12,812 shares in its portfolio. Natl Asset Mgmt has invested 0.13% in Consolidated Edison, Inc. (NYSE:ED). Jefferies Gp Ltd invested in 70,225 shares or 0.04% of the stock. Moreover, Mackenzie Financial has 0% invested in Consolidated Edison, Inc. (NYSE:ED). Fort Washington Inv Advisors Oh holds 0.05% of its portfolio in Consolidated Edison, Inc. (NYSE:ED) for 38,766 shares. 84,829 are held by Hartford Investment Mngmt. Tru Of Virginia Va reported 3,540 shares. The Ontario – Canada-based Td Asset has invested 0.02% in Consolidated Edison, Inc. (NYSE:ED). Mercer Advisers Incorporated, New Jersey-based fund reported 1,070 shares. 1,117 were accumulated by Barrett Asset Management Ltd Liability Co. Pettyjohn Wood White Inc has invested 0.08% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Public Employees Retirement Systems Of Ohio holds 0.06% of its portfolio in Consolidated Edison, Inc. (NYSE:ED) for 133,811 shares. Ahl Prtn Ltd Liability Partnership stated it has 0.05% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Golub Group Lc owns 16,410 shares.

Since August 23, 2017, it had 19 buys, and 1 insider sale for $100,922 activity. OATES JOSEPH P also sold $160,024 worth of Consolidated Edison, Inc. (NYSE:ED) on Wednesday, August 23. Muccilo Robert bought $6,620 worth of Consolidated Edison, Inc. (NYSE:ED) on Sunday, December 31. Another trade for 46 shares valued at $4,007 was made by Moore Elizabeth D on Sunday, December 31. $3,832 worth of Consolidated Edison, Inc. (NYSE:ED) shares were bought by Shukla Saumil P. On Sunday, December 31 the insider McAvoy John bought $4,442. 77 Consolidated Edison, Inc. (NYSE:ED) shares with value of $6,707 were bought by Nadkarni Gurudatta D.

Trust Company Of Virginia decreased its stake in Consolidated Edison Inc (ED) by 95.03% based on its latest 2017Q3 regulatory filing with the SEC. Trust Company Of Virginia sold 67,635 shares as the company’s stock rose 9.35% with the market. The institutional investor held 3,540 shares of the power generation company at the end of 2017Q3, valued at $286,000, down from 71,175 at the end of the previous reported quarter. Trust Company Of Virginia who had been investing in Consolidated Edison Inc for a number of months, seems to be less bullish one the $23.69B market cap company. The stock decreased 0.83% or $0.64 during the last trading session, reaching $76.39. About 558,130 shares traded. Consolidated Edison, Inc. (NYSE:ED) has risen 11.89% since February 14, 2017 and is uptrending. It has underperformed by 4.81% the S&P500.

Trust Company Of Virginia, which manages about $675.39M US Long portfolio, upped its stake in Dominion Energy Inc (NYSE:D) by 65,927 shares to 112,967 shares, valued at $8.69 million in 2017Q3, according to the filing.

Analysts await Consolidated Edison, Inc. (NYSE:ED) to report earnings on February, 15. They expect $0.75 earnings per share, up 8.70 % or $0.06 from last year’s $0.69 per share. ED’s profit will be $232.55M for 25.46 P/E if the $0.75 EPS becomes a reality. After $1.47 actual earnings per share reported by Consolidated Edison, Inc. for the previous quarter, Wall Street now forecasts -48.98 % negative EPS growth.

More notable recent Consolidated Edison, Inc. (NYSE:ED) news were published by: which released: “Consolidated Edison (ED) Q4 Earnings: A Beat in the Cards?” on February 13, 2018, also with their article: “Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for February 13, 2018” published on February 12, 2018, published: “Con Edison Researchers Win Awards for Solar, Microgrid and Cyber Studies” on February 13, 2018. More interesting news about Consolidated Edison, Inc. (NYSE:ED) were released by: and their article: “Consolidated Edison: Great Utility, Very Bad Price” published on January 18, 2018 as well as‘s news article titled: “Con Edison to Report 2017 Earnings on February 15” with publication date: January 23, 2018.

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

Among 17 analysts covering Con Edison (NYSE:ED), 1 have Buy rating, 6 Sell and 10 Hold. Therefore 6% are positive. Con Edison had 48 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Wednesday, October 11 with “Hold”. The rating was maintained by UBS on Monday, February 22 with “Sell”. As per Sunday, August 27, the company rating was maintained by RBC Capital Markets. Morgan Stanley maintained Consolidated Edison, Inc. (NYSE:ED) on Friday, September 8 with “Underweight” rating. Credit Suisse initiated the shares of ED in report on Wednesday, January 25 with “Underperform” rating. BMO Capital Markets maintained Consolidated Edison, Inc. (NYSE:ED) rating on Monday, August 10. BMO Capital Markets has “Market Perform” rating and $66 target. The stock of Consolidated Edison, Inc. (NYSE:ED) earned “Underweight” rating by Morgan Stanley on Monday, November 13. As per Wednesday, October 18, the company rating was maintained by KeyBanc Capital Markets. The rating was maintained by Morgan Stanley on Tuesday, February 13 with “Underweight”. The company was maintained on Thursday, February 1 by RBC Capital Markets.

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