Consolidated Edison (ED) Valuation Declined While National Pension Service Has Lifted Position; Amazon Com (AMZN) Shareholder Parus Finance Uk LTD Lifted Its Stake by $3.69 Million

April 20, 2018 - By Marie Mckinney

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Parus Finance Uk Ltd increased its stake in Amazon Com Inc (AMZN) by 40.1% based on its latest 2017Q4 regulatory filing with the SEC. Parus Finance Uk Ltd bought 3,160 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 11,040 shares of the consumer services company at the end of 2017Q4, valued at $12.91 million, up from 7,880 at the end of the previous reported quarter. Parus Finance Uk Ltd who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $738.72B market cap company. The stock decreased 1.99% or $30.96 during the last trading session, reaching $1525.95. About 5.21 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since April 20, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

National Pension Service increased its stake in Consolidated Edison Inc (ED) by 2.42% based on its latest 2017Q4 regulatory filing with the SEC. National Pension Service bought 6,923 shares as the company’s stock declined 8.41% with the market. The institutional investor held 292,622 shares of the power generation company at the end of 2017Q4, valued at $24.86M, up from 285,699 at the end of the previous reported quarter. National Pension Service who had been investing in Consolidated Edison Inc for a number of months, seems to be bullish on the $24.10B market cap company. The stock decreased 0.65% or $0.51 during the last trading session, reaching $77.6. About 1.36 million shares traded. Consolidated Edison, Inc. (NYSE:ED) has declined 1.18% since April 20, 2017 and is downtrending. It has underperformed by 12.73% the S&P500.

Investors sentiment decreased to 1.06 in 2017 Q4. Its down 0.02, from 1.08 in 2017Q3. It turned negative, as 41 investors sold ED shares while 213 reduced holdings. 63 funds opened positions while 207 raised stakes. 169.29 million shares or 0.15% less from 169.54 million shares in 2017Q3 were reported. Sumitomo Mitsui Trust Hldg Inc has invested 0.12% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). 370 are held by Old Second Commercial Bank Of Aurora. 82,590 are held by Creative Planning. Palladium Lc reported 0.12% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Moreover, Aperio Grp Inc Ltd Company has 0.31% invested in Consolidated Edison, Inc. (NYSE:ED). Segall Bryant Hamill Lc has 5,071 shares. Brown Brothers Harriman & holds 0% or 637 shares. Abner Herrman And Brock Ltd reported 3,060 shares. Alliancebernstein Ltd Partnership reported 552,348 shares. Covington Investment holds 0.15% or 5,175 shares in its portfolio. Nelson Van Denburg Campbell Wealth Grp Inc Ltd Limited Liability Company holds 0% of its portfolio in Consolidated Edison, Inc. (NYSE:ED) for 11 shares. Clifford Swan Invest Counsel Limited accumulated 20,628 shares. Fiera invested in 2,377 shares. Rbo And Co Limited Co stated it has 3,000 shares. Liberty Mgmt owns 100 shares for 0% of their portfolio.

National Pension Service, which manages about $20.03 billion US Long portfolio, decreased its stake in Red Hat Inc (NYSE:RHT) by 6,535 shares to 177,257 shares, valued at $21.29M in 2017Q4, according to the filing. It also reduced its holding in Ameriprise Finl Inc (NYSE:AMP) by 3,826 shares in the quarter, leaving it with 162,326 shares, and cut its stake in Price T Rowe Group Inc (NASDAQ:TROW).

Among 17 analysts covering Con Edison (NYSE:ED), 1 have Buy rating, 6 Sell and 10 Hold. Therefore 6% are positive. Con Edison had 51 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Buy” rating by Argus Research given on Friday, August 28. The stock of Consolidated Edison, Inc. (NYSE:ED) earned “Hold” rating by Jefferies on Wednesday, August 30. The firm has “Hold” rating by RBC Capital Markets given on Sunday, November 5. RBC Capital Markets maintained the stock with “Hold” rating in Sunday, August 27 report. The stock of Consolidated Edison, Inc. (NYSE:ED) has “Hold” rating given on Wednesday, October 18 by KeyBanc Capital Markets. The rating was maintained by Deutsche Bank on Monday, August 10 with “Sell”. The firm has “Hold” rating given on Thursday, February 1 by RBC Capital Markets. On Monday, August 10 the stock rating was maintained by BMO Capital Markets with “Market Perform”. As per Monday, April 16, the company rating was maintained by Morgan Stanley. The rating was upgraded by Deutsche Bank on Monday, October 24 to “Hold”.

Since December 31, 2017, it had 37 insider purchases, and 1 sale for $118,653 activity. Moore Elizabeth D had bought 46 shares worth $4,007 on Sunday, December 31. On Sunday, December 31 OATES JOSEPH P bought $697 worth of Consolidated Edison, Inc. (NYSE:ED) or 8 shares. Cawley Timothy also bought $2,344 worth of Consolidated Edison, Inc. (NYSE:ED) shares. Shares for $76 were bought by RESHESKE FRANCES on Saturday, March 31. 29 shares were bought by HOGLUND ROBERT N, worth $2,344. $3,815 worth of Consolidated Edison, Inc. (NYSE:ED) shares were bought by Sanchez Robert.

Among 54 analysts covering Amazon.com (NASDAQ:AMZN), 50 have Buy rating, 0 Sell and 4 Hold. Therefore 93% are positive. Amazon.com had 283 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Aegis Capital on Friday, January 20. BMO Capital Markets maintained the stock with “Buy” rating in Friday, July 28 report. The company was maintained on Friday, April 29 by Credit Suisse. The rating was maintained by Wedbush with “Outperform” on Friday, April 29. On Friday, July 29 the stock rating was maintained by UBS with “Buy”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Friday, August 25 by Needham. The company was maintained on Friday, July 29 by JMP Securities. The firm has “Buy” rating by Cowen & Co given on Thursday, December 7. On Tuesday, February 27 the stock rating was maintained by Cowen & Co with “Buy”. The rating was maintained by Piper Jaffray with “Buy” on Wednesday, October 11.

Investors sentiment increased to 1.29 in 2017 Q4. Its up 0.03, from 1.26 in 2017Q3. It increased, as 69 investors sold AMZN shares while 578 reduced holdings. 168 funds opened positions while 667 raised stakes. 280.02 million shares or 0.09% more from 279.77 million shares in 2017Q3 were reported. Carlton Hofferkamp Jenks Wealth Mgmt Ltd Limited Liability Company holds 1,288 shares. Night Owl Cap Mgmt Ltd has 8.28% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 15,189 shares. Banque Pictet Cie invested in 5.71% or 244,278 shares. Pinebridge Invests LP owns 14,708 shares. 62,700 are held by Hhr Asset Llc. California State Teachers Retirement has invested 1.68% in Amazon.com, Inc. (NASDAQ:AMZN). 42,997 were reported by Dnb Asset Management As. 10,320 are held by Arrow Fincl. 814,054 were reported by Alliancebernstein L P. Interest Ca has invested 0.38% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Tnb Fincl reported 10,872 shares or 2.38% of all its holdings. Geller Family Office Services Ltd holds 0.18% or 305 shares in its portfolio. 222 were accumulated by Alesco Advisors Lc. 394 were reported by Leavell Invest Management Inc. Carret Asset Ltd Limited Liability Company owns 571 shares or 0.1% of their US portfolio.

Parus Finance Uk Ltd, which manages about $553.24M US Long portfolio, decreased its stake in Alphabet Inc by 1,875 shares to 110,124 shares, valued at $116.01 million in 2017Q4, according to the filing. It also reduced its holding in Alibaba Group Hldg Ltd (NYSE:BABA) by 3,115 shares in the quarter, leaving it with 279,125 shares, and cut its stake in Vipshop Hldgs Ltd (NYSE:VIPS).

Since December 7, 2017, it had 0 buys, and 13 sales for $45.88 million activity. $18.50 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares were sold by Blackburn Jeffrey M. Shares for $788,924 were sold by WILKE JEFFREY A on Tuesday, March 20. The insider Zapolsky David sold 2,216 shares worth $3.24M. Reynolds Shelley sold $795,502 worth of stock or 544 shares. ALBERG TOM A had sold 2,285 shares worth $3.35M on Thursday, February 15. On Thursday, February 15 the insider Jassy Andrew R sold $2.90M.

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