March 20, 2018

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

08 December 2017, 10:34 | Kevin Scott

Experts Watch-list Companies: Edison International (EIX), Citigroup Inc. (C)


Edison International current stock's price is 16.07X above its anticipated growth per share. The stock now has an average rating of "Hold" and an average target price of $84.54. Edison had 48 analyst reports since August 3, 2015 according to SRatingsIntel. RBC Capital Markets maintained Edison International (NYSE:EIX) on Sunday, September 17 with "Buy" rating. The stock of Edison International (NYSE:EIX) has "Neutral" rating given on Tuesday, October 17 by Citigroup. The firm has "Neutral" rating by Citigroup given on Wednesday, July 20. Jefferies Group upgraded shares of Edison International from a "hold" rating to a "buy" rating and increased their price target for the company from $85.00 to $90.00 in a research report on Friday, August 11th. The stock has "Hold" rating by Evercore on Wednesday, October 28. Finally, SunTrust Banks reiterated a "buy" rating and issued a $89.00 price target on shares of Edison International in a research report on Monday, October 2nd. Mizuho reissued a "buy" rating and set a $91.50 price objective on shares of Edison International in a report on Wednesday, April 19th. Edison International (NYSE:EIX) has risen 12.39% since December 7, 2016 and is uptrending. The firm has "Buy" rating given on Friday, September 29 by SunTrust.

Cohen & Steers Inc decreased Broadcom Ltd stake by 50,064 shares to 42,472 valued at $9.90 million in 2017Q2. Botty Investors Llc acquired 4,812 shares as Biogen Inc (BIIB)'s stock declined 13.45%. The Cohen & Steers Inc holds 1.66 million shares with $130.01 million value, up from 1.62M last quarter. Edison Intl now has $23.24B valuation.

The stock increased 0.68% or GBX 8.9 during the last trading session, reaching GBX 1325.9. For EIX, the company now has $117 Million of cash on the books, which is offset by $1.49 Billion current liabilities. Biogen Inc. (NASDAQ:BIIB) has risen 4.94% since December 7, 2016 and is uptrending. It has outperformed by 0.45% the S&P500. The firm has a market capitalization of $26.66 billion, a price-to-earnings ratio of 19.38 and a beta of 0.15. The firm generates electricity from gas, oil, coal, water, and wind.

It is common practice for investors to use the price-to-earnings ratio (P/E ratio or price multiple) to determine if a company's stock price is over or undervalued. It supplies electricity primarily to commercial, residential, industrial, agricultural, and other customers, as well as public authorities through transmission and distribution networks. They expect $0.94 EPS, down 6.93 % or $0.07 from last year's $1.01 per share. COF's profit will be $891.92M for 12.79 P/E if the $1.84 EPS becomes a reality.

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Consolidated Edison (NYSE:ED) last released its quarterly earnings results on Thursday, November 2nd.

A statistical measure of the dispersion of returns (volatility) for MSFT producing salvation in Investors mouth, it has week volatility of 2.43% and for the month booked as 1.40%. Its down 0.16, from 1.04 in 2017Q1. It is positive, as 30 investors sold ED shares while 223 reduced holdings. PNC Financial Services Group Inc. raised its position in shares of Consolidated Edison by 1.8% in the second quarter. The utilities provider reported $1.43 earnings per share for the quarter, beating analysts' consensus estimates of $1.33 by $0.10. Balyasny Asset Limited Liability Com has 0.01% invested in Edison International (NYSE:EIX) for 24,664 shares. 1,000 were accumulated by Hussman Strategic Advsrs. Mechanics National Bank Tru Department holds 2,729 shares or 0.05% of its portfolio. Kentucky Retirement reported 20,886 shares. Voya Investment Mngmt Ltd Liability Corp reported 232,614 shares.

Peg 2.72x might not be accurate as company is set to slow down from previous growth rates, otherwise we believe company is now overvalued due to heightened demand for the company shares. Carlson Cap Ltd Partnership has 291,250 shares. Asset Management One Limited holds 565,150 shares or 0.11% of its portfolio. Dorsey And Whitney Tru Company Ltd Llc accumulated 2,607 shares. ValuEngine raised shares of Edison International from a "hold" rating to a "buy" rating in a research report on Wednesday, November 15th. Hm Payson Comm holds 31,539 shares or 0.11% of its portfolio. Eaton Vance Mngmt, a Massachusetts-based fund reported 154,330 shares.

The stock decreased 2.20% or $1.54 during the last trading session, reaching $68.46. About 543,053 shares traded. Barclays Capital maintained Edison International (NYSE:EIX) rating on Friday, January 22. It has underperformed by 4.31% the S&P500. Its up 0.05, from 0.9 in 2017Q1. It dived, as 39 investors sold MSFT shares while 982 reduced holdings. 74 funds opened positions while 236 raised stakes. Ig Inv Management owns 152,892 shares for 0.06% of their portfolio. New York State Common Retirement Fund has 775,023 shares for 0.08% of their portfolio. Robeco Institutional Asset Management Bv holds 51,702 shares or 0.03% of its portfolio. Paloma Partners holds 0.02% in Capital One Financial Corporation (NYSE:COF) or 21,019 shares. Pub Sector Pension Invest Board holds 36,792 shares.

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