Consolidated Edison Stock News

Shulman DeMeo Asset Management LLC acquired a new stake in Consolidated Edison, Inc. (NYSE:ED) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,419 shares of the utilities providers stock, valued at approximately $539,000. Several other institutional investors and hedge funds []

West Family Investments Inc. cut its position in shares of Consolidated Edison, Inc. (NYSE:ED) by 52.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 4,763 shares of the utilities providers stock after selling 5,352 shares during the period. West Family Investments Inc.s holdings in Consolidated Edison were worth $346,000 at the end of []

PGGM Investments lowered its holdings in shares of Consolidated Edison, Inc. (NYSE:ED) by 43.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 45,391 shares of the utilities providers stock after selling 35,159 shares during the quarter. PGGM Investments holdings in Consolidated Edison were worth $3,295,000 as of its most recent filing with the []

Consolidated Edison (NYSE:ED) had its target price upped by stock analysts at Citigroup from $77.00 to $84.00 in a report issued on Wednesday, The Fly reports. The firm currently has a neutral rating on the utilities providers stock. Citigroups target price would indicate a potential upside of 2.84% from the stocks previous close. Several other []

Consolidated Edison (NYSE:ED) had its price objective upped by research analysts at Citigroup from $77.00 to $84.00 in a research report issued on Wednesday, The Fly reports. The firm presently has a neutral rating on the utilities providers stock. Citigroups target price indicates a potential upside of 2.84% from the stocks current price. A number []

The Department of Transportation said it is currently reviewing Con Edison''s permit application, but did not tell CBS2 how long the process might take.

StoneX Group Inc. lifted its position in Consolidated Edison, Inc. (NYSE:ED) by 5.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,354 shares of the utilities providers stock after buying an additional 162 shares during the quarter. StoneX []

Consolidated Edison with ticker code (ED) now have 16 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 83.78 and 66 with the average target price sitting at 75.42. Given that the stocks previous close was at 80.53 this indicates there is a potential downside of -6.3%. The day 50 moving average is 76.1 while the 200 day moving average is 75.15. The company has a market capitalisation of $28,816m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="ED" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Consolidated Edison, through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.5 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,576 customers in parts of Manhattan.

Assenagon Asset Management S.A. increased its stake in shares of Consolidated Edison, Inc. (NYSE:ED) by 177.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 68,216 shares of the utilities providers stock after purchasing an additional 43,605 shares during the quarter. Assenagon Asset []

Consolidated Edison, Inc. (NYSE:ED) shares hit a new 52-week high during trading on Monday . The company traded as high as $81.42 and last traded at $81.22, with a volume of 11593 shares. The stock had previously closed at $80.53. A number of research firms recently weighed in on ED. TheStreet raised Consolidated Edison from []

Consolidated Edison, Inc. (NYSE:ED) Research analysts at KeyCorp dropped their FY2021 earnings per share estimates for shares of Consolidated Edison in a research report issued on Friday, December 3rd. KeyCorp analyst S. Karp now anticipates that the utilities provider will post earnings per share of $4.16 for the year, down from their prior estimate [] The post FY2021 Earnings Estimate for Consolidated Edison, Inc. Issued By KeyCorp (NYSE:ED) appeared first on ETF Daily News .

Utility companies like Consolidated Edison, American Electric Power Company, and NextEra Energy are sought after by investors for their predictability, and ability to pay steady and growing dividend.

Asset Dedication LLC increased its stake in Consolidated Edison, Inc. (NYSE:ED) by 57.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 3,783 shares of the utilities providers stock after purchasing an additional 1,382 shares during the quarter. Asset Dedication LLCs holdings in Consolidated Edison were worth $275,000 at the end of the most recent []

Intersect Capital LLC lessened its holdings in Consolidated Edison, Inc. (NYSE:ED) by 10.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 5,903 shares of the utilities providers stock after selling 654 shares during the period. Intersect Capital LLCs holdings in Consolidated Edison were worth $428,000 at the end of the most recent reporting period. []