Allstate Corp Has Decreased Its Consolidated Edison INC (ED) Position by $4.79 Million

Investors sentiment increased to 1.31 in 2019 Q1. Its up 0.03, from 1.28 in 2018Q4. It improved, as 37 investors sold ED shares while 196 reduced holdings. 88 funds opened positions while 217 raised stakes. 185.66 million shares or 1.06% less from 187.65 million shares in 2018Q4 were reported. Conning reported 0.02% in Consolidated Edison, Inc. (NYSE:ED). Regentatlantic Capital Lc stated it has 0.82% in Consolidated Edison, Inc. (NYSE:ED). Pennsylvania Tru holds 0.03% or 61,910 shares. Geller Limited Liability Com accumulated 8,235 shares or 0.28% of the stock. Sumitomo Mitsui Asset Mngmt invested in 0.04% or 27,423 shares. Ubs Asset Mgmt Americas reported 0% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Blackhill Capital has 0% invested in Consolidated Edison, Inc. (NYSE:ED). Donaldson reported 11,157 shares or 0.08% of all its holdings. Pennsylvania-based Cordasco Fin Network has invested 0.11% in Consolidated Edison, Inc. (NYSE:ED). Moreover, Wellington Mngmt Gru Llp has 0% invested in Consolidated Edison, Inc. (NYSE:ED). Boston Advsr Limited accumulated 0.01% or 2,372 shares. Quantitative Management Ltd reported 0.11% in Consolidated Edison, Inc. (NYSE:ED). Spinnaker Trust has 0.06% invested in Consolidated Edison, Inc. (NYSE:ED). The Texas-based Cullen Frost Bankers has invested 0.02% in Consolidated Edison, Inc. (NYSE:ED). Orrstown Fincl Ser holds 0.12% in Consolidated Edison, Inc. (NYSE:ED) or 975 shares.

Since February 28, 2019, it had 50 insider buys, and 0 sales for $156,590 activity. Shukla Saumil P bought $4,334 worth of stock. On Wednesday, July 31 McAvoy John bought $2,358 worth of Consolidated Edison, Inc. (NYSE:ED) or 27 shares. $9,817 worth of Consolidated Edison, Inc. (NYSE:ED) was bought by HOGLUND ROBERT N on Sunday, June 30. Moore Elizabeth D also bought $4,569 worth of Consolidated Edison, Inc. (NYSE:ED) on Sunday, March 31. OATES JOSEPH P bought $524 worth of stock. 26 shares valued at $2,271 were bought by Sanchez Robert on Wednesday, July 31.

Allstate Corp decreased its stake in Consolidated Edison Inc (ED) by 67.15% based on its latest 2019Q1 regulatory filing with the SEC. Allstate Corp sold 57,070 shares as the company’s stock declined 0.32% . The institutional investor held 27,919 shares of the power generation company at the end of 2019Q1, valued at $2.37M, down from 84,989 at the end of the previous reported quarter. Allstate Corp who had been investing in Consolidated Edison Inc for a number of months, seems to be less bullish one the $28.55 billion market cap company. The stock decreased 0.90% or $0.78 during the last trading session, reaching $85.97. About 1.49 million shares traded. Consolidated Edison, Inc. (NYSE:ED) has risen 8.70% since August 14, 2018 and is uptrending. It has outperformed by 8.70% the S&P500.

Allstate Corp, which manages about $3.71 billion US Long portfolio, upped its stake in Ishares Tr (LQD) by 162,262 shares to 791,681 shares, valued at $94.26M in 2019Q1, according to the filing. It also increased its holding in Ishares Tr (CIU) by 501,817 shares in the quarter, for a total of 2.83 million shares, and has risen its stake in International Business Machs (NYSE:IBM).

More notable recent Consolidated Edison, Inc. (NYSE:ED) news were published by: Fool.com which released: “This High-Yield Dividend Stock Just Keeps Getting Better – Motley Fool” on July 30, 2019, also Globenewswire.com with their article: “Con Edison Reports 2018 Earnings NYSE:ED – GlobeNewswire” published on February 21, 2019, Globenewswire.com published: “Con Edison Announces Proposed Common Share Offering – GlobeNewswire” on November 13, 2018. More interesting news about Consolidated Edison, Inc. (NYSE:ED) were released by: Fool.com and their article: “Is Crestwood Equity Partners a Buy? – Motley Fool” published on August 12, 2019 as well as Finance.Yahoo.com‘s news article titled: “Does DICK’S Sporting Goods, Inc.’s (NYSE:DKS) CEO Pay Matter? – Yahoo Finance” with publication date: August 12, 2019.

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

Among 5 analysts covering Con Edison (NYSE:ED), 0 have Buy rating, 2 Sell and 3 Hold. Therefore 0 are positive. Con Edison had 14 analyst reports since February 22, 2019 according to SRatingsIntel. The rating was initiated by Mizuho on Monday, March 11 with “Hold”. Credit Suisse maintained it with “Underperform” rating and $8600 target in Thursday, August 8 report. Credit Suisse maintained the stock with “Underperform” rating in Monday, February 25 report. The firm earned “Hold” rating on Wednesday, March 20 by Barclays Capital. The company was maintained on Friday, February 22 by UBS. The stock has “Sell” rating by Morgan Stanley on Wednesday, March 13.

Consolidated Edison, Inc. (NYSE:ED) Institutional Positions Chart

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