Economy

Airain ltd Acquires Shares of 26202 Edison International (EIX)

About 855,923 shares traded. Aldeyra Therapeutics Inc (ALDX) has declined 18.94% since September 14, 2016 and is downtrending. It has underperformed by 35.64% the S&P500.

Airain ltd acquired a new stake in Edison International (NYSE:EIX) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Cambridge Investment Research Advisors Inc sold 4,987 shares as Edison (EIX)'s stock rose 2.44%. Edison International now has $26.34 billion valuation. The stock increased 0.02% or $0.02 on September 14, reaching $81.03. (TWX) price hitting a mean target of $105.85 a share, meaning the stock still has potential that could lift the price another 4.49% Also, the recent close suggests the stock is underpriced by 8.59% compared to the most bullish target. Edison International presently has an average rating of "Hold" and a consensus target price of $84.15. It has underperformed by 4.31% the S&P500. Following the completion of the sale, the insider now owns 14,121 shares in the company, valued at $1,137,305.34. General Dynamics Corp (NYSE:GD) was raised too. Nine research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Therefore 44% are positive. Mizuho reaffirmed a "buy" rating and set a $87.00 price objective (up previously from $84.00) on shares of Edison International in a research report on Wednesday, August 23rd. Citigroup maintained the shares of EIX in report on Wednesday, July 20 with "Neutral" rating. Jefferies maintained the stock with "Hold" rating in Monday, June 12 report. The stock has "Overweight" rating by Barclays Capital on Tuesday, July 28. The company was downgraded on Wednesday, May 17 by UBS. The stock of FireEye Inc (NASDAQ:FEYE) has "Market Perform" rating given on Thursday, November 5 by Wells Fargo. Jefferies has "Hold" rating and $72 target. The stock has "Equal-Weight" rating by First Analysis on Friday, February 3.

Analysts await FireEye Inc (NASDAQ:FEYE) to report earnings on November, 2. During the same quarter in the previous year, the firm earned $0.85 EPS. The utilities provider reported $0.85 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.85. Its up 0.29, from 0.92 in 2016Q3. It is negative, as 45 investors sold FEYE shares while 81 reduced holdings. 40 funds opened positions while 80 raised stakes. Ferguson Wellman Management Inc reported 286,747 shares. Tortoise Inv Mngmt Llc invested 0% of its portfolio in FireEye Inc (NASDAQ:FEYE). 58,470 are owned by Proshare Advsrs Limited Liability Corporation. Pittenger Anderson has invested 0% in FireEye Inc (NASDAQ:FEYE). British Columbia Invest Corporation reported 150,000 shares. Pura Vida Investments Llc, a New York-based fund reported 125,000 shares. Moreover, Baystate Wealth Limited Liability Com has 0.04% invested in Edison International (NYSE:EIX) for 3,042 shares. Ray Gerald L Assocs reported 11,070 shares or 0.02% of all its holdings. Ledyard Comml Bank reported 3,060 shares. Ftb Advisors holds 95 shares. Pennsylvania-based Cbre Clarion Lc has invested 0.01% in Edison International (NYSE:EIX). Fiduciary Trust has 6,641 shares for 0.02% of their portfolio. Neuberger Berman Group Incorporated owns 1.70 million shares.

Since March 16, 2017, it had 0 buys, and 4 sales for $2.75 million activity.

In other news, insider Ronald L. Litzinger sold 224,715 shares of the firm's stock in a transaction dated Tuesday, August 15th. BidaskClub upgraded shares of Edison International from a "sell" rating to a "hold" rating in a research note on Tuesday, August 22nd. CHANG VANESSA C L had sold 2,500 shares worth $197,571. Edison International has a 52-week low of $67.44 and a 52-week high of $82.82. Twin Capital Management Inc.'s holdings in Edison International were worth $3,601,000 at the end of the most recent reporting period. They expect $1.30 EPS, up 2.36% or $0.03 from last year's $1.27 per share. EIX's profit will be $423.53 million for 15.55 P/E if the $1.30 EPS becomes a reality.

Investors sentiment increased to 1.21 in 2016 Q4. Its up 0.29, from 0.92 in 2016Q3.

Want to see what other hedge funds are holding EIX? 61 funds opened positions while 175 raised stakes. State Board Of Administration Of Florida Retirement holds 0.11% of its portfolio in Edison International (NYSE:EIX) for 501,314 shares. Livforsakringsbolaget Skandia Omsesidigt owns 30,176 shares.

Edison International (NYSE:EIX) last posted its quarterly earnings results on Thursday, July 27th. Jefferies maintained Edison International (NYSE:EIX) rating on Tuesday, May 3. National Bank Of Ny Mellon holds 0.05% of its portfolio in Edison International (NYSE:EIX) for 2.60 million shares. Liberty Mutual Grp Asset Management accumulated 23,861 shares. Legacy Private Trust holds 49,227 shares or 0.48% of its portfolio. Commerzbank Aktiengesellschaft Fi reported 5,039 shares. Parametric Port Associate Ltd Liability Corp owns 1.00 million shares or 0.1% of their U.S. portfolio.

COPYRIGHT VIOLATION NOTICE: "Airain ltd Acquires Shares of 26,202 Edison International (EIX)" was originally reported by TrueBlueTribune and is the sole property of of TrueBlueTribune.



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