Assetmark Inc. Has $6.34 Million Holdings in Edison International (NYSE:EIX)

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. UBS Asset Management Americas Inc.'s holdings in Edison International were worth $88,002,000 as of its most recent SEC filing.

Want to see what other hedge funds are holding EIX?

BLACKROCK INC. raised its stake in Edison International (NYSE:EIX) by 1.03% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. BB&T Corp now owns 26,586 shares of the utilities provider's stock valued at $2,148,000 after buying an additional 98 shares during the last quarter. Finally, Trexquant Investment LP acquired a new stake in shares of Edison International in the second quarter valued at approximately $563,000. 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%. JPMorgan Chase & Co. raised its stake in Edison International by 3.6% during the 2nd quarter. Boston Partners now owns 3,736,312 shares of the utilities provider's stock valued at $292,142,000 after purchasing an additional 151,153 shares during the period. Finally, Breton Hill Capital Ltd. lifted its position in Edison International by 3.3% during the 2nd quarter. Brighton Jones Llc holds 0.03% or 2,953 shares. The ex-dividend date is Tuesday, November 14th. Float is the proportion of issued also outstanding shares that can be liberally traded, nothing like locked-up insider holdings or restricted employee shares.

Several research firms have weighed in on ED. Evercore ISI cut Consolidated Edison from an "in-line" rating to an "underperform" rating and set a $74.00 price objective on the a research report on Tuesday, September 26th. Barclays PLC reissued an "equal weight" rating and set a $84.00 price objective (up from $78.00) on shares of Edison International in a report on Sunday, April 23rd.

Shares of Consolidated Edison, Inc. Five investment analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of "Hold" and a consensus price target of $84.85. The rating was initiated by Credit Suisse with "Neutral" on Wednesday, January 20. The stock was sold at an average price of $82.00, for a total transaction of $18,426,876.00. If the $1.92 PT is reached, the company will be worth $205,620 less. Corporate insiders own 0.41% of the company's stock.

The stock of Edison International (NYSE:EIX) hit a new 52-week low and has $62.30 target or 9.00 % below today's $68.46 share price.

Whereas its latest closing price kept its distance from the SMA20 at 1.64% and 7.18% from SMA 50 while it was knocked up 16.25% from the simple moving average price of 200 days. The stock has a market capitalization of $27,292.25, a P/E ratio of 21.95, a PEG ratio of 7.17 and a beta of 0.10. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.51 and a quick ratio of 0.47.

Edison International (EIX) has an Analysts' Mean Recommendation of 2.3. The utilities provider reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.21. The firm had revenue of $3.21 billion for the quarter, compared to analysts' expectations of $3.14 billion. Edison International had a return on equity of 10.84% and a net margin of 13.18%.

Annual Sales Growth in the past 5 years was 2.3 percent. Amer Century Companies holds 0.34% of its portfolio in Edison International (NYSE:EIX) for 4.25M shares.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Wolfe Research upgraded the shares of EIX in report on Friday, November 6 to "Outperform" rating. This represents a $2.42 dividend on an annualized basis and a dividend yield of 3.37%. Edison International's dividend payout ratio is presently 80.67%.

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While taking a look at financials, we can look at a number of key indicators about Consolidated Edison, Inc. It supplies electricity primarily to commercial, residential, industrial, agricultural, and other customers, as well as public authorities through transmission and distribution networks.

Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States.



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