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As Edison International (EIX) Market Value Declined, Gideon Capital Advisors Has Raised Holding by $1.22 Million; Proffitt & Goodson Lifted Its General Electric Co (GE) Position by $514,165

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Proffitt & Goodson Inc increased its stake in General Electric Co (GE) by 69.48% based on its latest 2017Q4 regulatory filing with the SEC. Proffitt & Goodson Inc bought 30,245 shares as the company’s stock declined 23.20% with the market. The institutional investor held 73,774 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.29M, up from 43,529 at the end of the previous reported quarter. Proffitt & Goodson Inc who had been investing in General Electric Co for a number of months, seems to be bullish on the $126.81B market cap company. The stock increased 2.96% or $0.42 during the last trading session, reaching $14.6. About 105.41M shares traded or 45.20% up from the average. General Electric Company (NYSE:GE) has declined 54.35% since May 25, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Gideon Capital Advisors Inc increased its stake in Edison International (EIX) by 493.4% based on its latest 2017Q4 regulatory filing with the SEC. Gideon Capital Advisors Inc bought 19,356 shares as the company’s stock declined 3.19% with the market. The hedge fund held 23,279 shares of the central company at the end of 2017Q4, valued at $1.47 million, up from 3,923 at the end of the previous reported quarter. Gideon Capital Advisors Inc who had been investing in Edison International for a number of months, seems to be bullish on the $20.40B market cap company. The stock increased 0.43% or $0.27 during the last trading session, reaching $62.62. About 1.27M shares traded. Edison International (NYSE:EIX) has declined 21.55% since May 25, 2017 and is downtrending. It has underperformed by 33.10% the S&P500.

Among 20 analysts covering Edison (NYSE:EIX), 10 have Buy rating, 1 Sell and 9 Hold. Therefore 50% are positive. Edison had 72 analyst reports since August 3, 2015 according to SRatingsIntel. Citigroup maintained Edison International (NYSE:EIX) rating on Wednesday, July 20. Citigroup has “Neutral” rating and $79 target. The firm earned “Buy” rating on Friday, February 23 by SunTrust. The stock has “Hold” rating by Jefferies on Thursday, July 13. The rating was maintained by SunTrust with “Buy” on Monday, January 8. The firm earned “Hold” rating on Monday, June 12 by Jefferies. The stock of Edison International (NYSE:EIX) has “Hold” rating given on Monday, January 22 by Citigroup. SunTrust maintained the shares of EIX in report on Monday, March 19 with “Buy” rating. The company was upgraded on Thursday, January 19 by Evercore. The firm earned “Buy” rating on Tuesday, January 26 by Evercore. The stock has “Hold” rating by Jefferies on Friday, October 16.

Investors sentiment increased to 1.25 in 2017 Q4. Its up 0.10, from 1.15 in 2017Q3. It increased, as 54 investors sold EIX shares while 157 reduced holdings. 71 funds opened positions while 192 raised stakes. 258.17 million shares or 0.70% less from 259.99 million shares in 2017Q3 were reported. Checchi Capital Advisers Ltd invested in 3,833 shares. Teacher Retirement Systems Of Texas holds 0.1% or 229,677 shares in its portfolio. Moreover, Natl Insurance Tx has 0.12% invested in Edison International (NYSE:EIX) for 39,025 shares. Advantus Cap Mgmt invested in 0.05% or 32,748 shares. Prudential Finance holds 0.05% in Edison International (NYSE:EIX) or 552,325 shares. Sigma Planning invested in 3,680 shares. Oppenheimer & Communications accumulated 5,402 shares or 0.01% of the stock. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Corporation owns 39,700 shares. Comml Bank Of America De owns 1.65M shares. Moreover, Sei Investments has 0.08% invested in Edison International (NYSE:EIX) for 386,685 shares. Etrade Ltd Liability accumulated 25,828 shares. Nwq Ltd Liability holds 0.03% or 39,100 shares. Aviva Public Ltd Co holds 176,421 shares. Cornerstone Advsrs Inc invested in 0.08% or 1,953 shares. Secor Capital Limited Partnership has 0.04% invested in Edison International (NYSE:EIX) for 14,217 shares.

Gideon Capital Advisors Inc, which manages about $340.51M and $113.44M US Long portfolio, decreased its stake in Fortinet Inc (NASDAQ:FTNT) by 8,310 shares to 5,294 shares, valued at $231,000 in 2017Q4, according to the filing. It also reduced its holding in Consolidated Edison Inc (NYSE:ED) by 5,908 shares in the quarter, leaving it with 6,904 shares, and cut its stake in Copa Holdings S A Cl A (NYSE:CPA).

Another recent and important Edison International (NYSE:EIX) news was published by Seekingalpha.com which published an article titled: “Edison International (EIX) Q1 2018 Results – Earnings Call Transcript” on May 02, 2018.

Since January 26, 2018, it had 1 buying transaction, and 0 insider sales for $43,446 activity.

Proffitt & Goodson Inc, which manages about $273.50 million and $241.06M US Long portfolio, decreased its stake in Zimmer Biomet Hldgs Inc (ZMH) by 5,658 shares to 3,576 shares, valued at $432,000 in 2017Q4, according to the filing.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “Wabtec and GE Transportation to merge” on May 21, 2018, also Marketwatch.com with their article: “GE’s stock selloff started from ‘irrational’ level, analyst says” published on May 24, 2018, Seekingalpha.com published: “GE: Exhaustion In A Corporate Restructuring” on May 21, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Benzinga.com and their article: “The Market In 5 Minutes: GE, Tariffs, Summit, Jobless Claims And More” published on May 24, 2018 as well as Seekingalpha.com‘s news article titled: “General Electric: Market Gyrations Continue” with publication date: May 24, 2018.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 103 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by TheStreet given on Wednesday, August 26. The firm has “Buy” rating given on Wednesday, October 14 by S&P Research. The firm has “Hold” rating given on Monday, July 17 by Oppenheimer. The stock has “Market Perform” rating by Bernstein on Tuesday, July 26. The firm earned “Hold” rating on Thursday, October 19 by Cowen & Co. The firm has “Sell” rating given on Monday, October 30 by Deutsche Bank. The stock of General Electric Company (NYSE:GE) earned “Focus List” rating by Credit Suisse on Wednesday, September 16. The company was maintained on Wednesday, April 11 by Cowen & Co. The stock has “Sell” rating by Deutsche Bank on Tuesday, November 21. maintained General Electric Company (NYSE:GE) rating on Monday, October 10. has “Buy” rating and $35 target.

Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. It is negative, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Beaumont Ltd Company accumulated 76,770 shares. Convergence Investment Ptnrs Limited Liability Corp has invested 0.34% in General Electric Company (NYSE:GE). Carlson Capital Mngmt stated it has 12,261 shares. D L Carlson Inv Incorporated reported 21,930 shares or 0.11% of all its holdings. Blume Capital Mgmt Inc invested in 2.69% or 300,836 shares. Amer Century reported 0.28% in General Electric Company (NYSE:GE). Dearborn Prtnrs holds 0.02% of its portfolio in General Electric Company (NYSE:GE) for 15,978 shares. Moreover, Stellar Capital Mgmt Limited Liability has 1.24% invested in General Electric Company (NYSE:GE). Old Point Tru Fincl N A has invested 1.95% in General Electric Company (NYSE:GE). The Connecticut-based Conning has invested 0.15% in General Electric Company (NYSE:GE). 40,000 are owned by Paw. 639,568 were accumulated by Webster Retail Bank N A. 5,712 are owned by Kessler Gp Limited Com. Washington Management Incorporated holds 1.4% or 80,265 shares. Fairview Capital Inv Mngmt Llc accumulated 22,766 shares or 0.02% of the stock.

Edison International (NYSE:EIX) Institutional Positions Chart

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