Consolidated Edison Inc (NYSE:ED) Shares Bought by Huntington National Bank

Marco Green
November 14, 2017

Consolidated Edison, Inc. (ED) shows its Return on Assets (ROA) value of 2.5 percent, while the Return on Equity (ROE) value is 8.4 percent and Return on Investment (ROI) value stands at 6.2 percent. $2.76 is the ADY.

ED has been the topic of several research reports. Consolidated Edison's payout ratio is 66.34%. (NYSE:ED) rating on Wednesday, October 11. It has underperformed by 4.81% the S&P500. Three analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company's stock. Therefore 59% are positive. It has been assigned a low target price of $66 and a high target price of $91. $41.54's average target is -14.81% below currents $48.76 stock price. CDW had 33 analyst reports since August 4, 2015 according to SRatingsIntel. As per Monday, January 11, the company rating was maintained by Liberum Capital. The rating was maintained by Berenberg with "Buy" on Friday, February 12.

The market capitalization of Edison International is at $26.52 Billion. (NYSE:BKS) earned "Buy" rating by Craig Hallum on Monday, July 27. The stock has "Buy" rating by Bank of America on Thursday, July 20. Citigroup downgraded Edison International (NYSE:EIX) on Thursday, October 29 to "Neutral" rating. Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock.

Investors sentiment decreased to 0.88 in Q2 2017. Its up 0.21, from 0.91 in 2017Q1. It turned negative, as 71 investors sold MS shares while 297 reduced holdings. (NYSE:ED). Plante Moran Advsrs Lc owns 894 shares for 0.05% of their portfolio. Ecofin Limited stated it has 2.40M shares. Forte Capital Ltd Adv holds 7,943 shares or 0.21% of its portfolio. Visionary Asset has invested 0.06% in Morgan Stanley (NYSE:MS). Maryland Cap Management, a Maryland-based fund reported 10,723 shares. Thrivent For Lutherans owns 53,880 shares. (NYSE:BKS). Pub Employees Retirement Association Of Colorado holds 16,416 shares or 0% of its portfolio. Cobblestone Llc, a New York-based fund reported 5,014 shares. Norris Perne And French Limited Liability Partnership Mi accumulated 6,128 shares. Blackhill Incorporated invested in 253 shares. Finally, Federated Investors Inc. They expect $0.75 EPS, up 8.70% or $0.06 from last year's $0.69 per share. MS's profit will be $1.41B for 15.63 P/E if the $0.78 EPS becomes a reality. The utilities provider reported $1.47 EPS for the quarter, missing the Zacks' consensus estimate of $1.54 by ($0.07).

During the past 20 days, EIX has increased 4.46% while the broad market has increased 1.19%. Its up 0.29, from 0.92 in 2017Q1.

Pres. Edison Energy Group, Inc at Edison International, Litzinger Ronald L on 2017-08-15 Sell 224715 shares of the company at a price of $80.54. 69 funds opened positions while 179 raised stakes. Schwab Charles Management holds 0% or 652,728 shares.

The Piotroski score is a discrete score ranging from 0-9 that shows nine criteria used to find out the strength of a company's financial position. (NYSE:ED). Amp Capital Invsts holds 230,269 shares. Oakworth Capital Inc. raised its holdings in Consolidated Edison by 10.5% during the second quarter. Hgk Asset Mgmt Inc holds 166,830 shares or 1.89% of its portfolio. (NYSE:ED). Ontario - Canada-based Manufacturers Life Insur The has invested 0.04% in Consolidated Edison, Inc.

A number of equities analysts have commented on ED shares.

Consolidated Edison, Inc (Con Edison) is a holding company. Its down 14.03% from 3.39 million shares previously. Da Davidson & Communication reported 0.02% in Consolidated Edison, Inc. (NYSE:ED) were released by: Nasdaq.com and their article: "Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for November 14, 2017" published on November 13, 2017 as well as Nasdaq.com's news article titled: "Consolidated Edison Inc". (NYSE:ED). Cullen Frost Bankers accumulated 4,741 shares.

Education Realty Trust, Inc. (NYSE:ED) for 2,907 shares. Highland Capital Lp holds 0.13% or 388,627 shares. 79,544 are owned by Uss Invest Mngmt. Corporate insiders own 0.20% of the company's stock. Investors of record on Wednesday, November 15th will be given a dividend of $0.69 per share. 25 Consolidated Edison, Inc. On Wednesday, May 31 the insider Cawley Timothy bought $2,320. On Wednesday, May 31 HOGLUND ROBERT N bought $2,320 worth of Consolidated Edison, Inc.

More notable recent Consolidated Edison, Inc. Sanchez Robert also bought $2,000 worth of Consolidated Edison, Inc.

Analysts await Consolidated Edison, Inc. WHITE W BRETT also sold $204,182 worth of Edison International (NYSE:EIX) on Wednesday, June 7. Therefore 100% are positive. Edison had 46 analyst reports since August 3, 2015 according to SRatingsIntel. ED was included in 3 notes of analysts from September 14, 2016.

The stock of Consolidated Edison, Inc. UBS has "Sell" rating and $58 target. The stock of Barnes & Noble, Inc. (NYSE:ED) earned "Underperform" rating by Evercore on Tuesday, September 26. On Tuesday, June 13 the stock rating was downgraded by Jefferies to "Hold". The firm has "Neutral" rating given on Friday, January 8 by Macquarie Research. The company had Year Ago Sales of $2.68 Billion. Numis Securities maintained the stock with "Hold" rating in Wednesday, February 17 report. As per Monday, August 10, the company rating was downgraded by Vetr.

Tobam holds 3.64% of its portfolio in Consolidated Edison, Inc. for 1.21 million shares. The 7 months bullish chart indicates low risk for the $27.37 billion company. (CECONY), Orange and Rockland Utilities, Inc. CECONY's principal business are its regulated electric, gas and steam delivery businesses.

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