Edison International's (EIX) Buy Rating Reaffirmed at SunTrust Banks

Lloyd Doyle
January 13, 2018

The stock plummeted -11.5 percent over the past month and rose 0.44 percent year-to-date. Following the completion of the sale, the insider now directly owns 14,121 shares of the company's stock, valued at approximately $1,157,922. The company has the market capitalization of $20.75 Billion. The stock's quarterly performance represents pessimistic momentum of -18.09 percent. T-Mobile US, Inc. (NYSE:TMUS) has risen 62.63% since January 10, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Always volatility measures make charm for active trader; price volatility of stock was 1.54% for a week and 1.50% for a month. The institutional investor held 25,000 shares of the apparel company at the end of 2017Q3, valued at $1.59 million, down from 35,000 at the end of the previous reported quarter.

Campbell & Company Investment Adviser Llc decreased its stake in Edison Intl (EIX) by 51.8% based on its latest 2017Q3 regulatory filing with the SEC. The utilities provider reported $1.43 EPS for the quarter, beating analysts' consensus estimates of $1.33 by $0.10. About 53,092 shares traded.

Edison International (EIX) stock price fell -10.56 percent over the past one year, while decreased -17.02 percent during the past 6 months. It has underperformed by 4.31% the S&P500. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the company's stock. Therefore 50% are positive. 3 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. The stock of Edison International (NYSE:EIX) has "Buy" rating given on Tuesday, December 26 by SunTrust. The rating was downgraded by B. Riley & Co to "Neutral" on Wednesday, December 13. The rating was maintained by Argus Research with "Buy" on Monday, August 3. Edison International has a consensus rating of "Hold" and a consensus target price of $80.67.

Among 18 analysts covering Edison (NYSE:EIX), 9 have Buy rating, 1 Sell and 8 Hold. The rating was downgraded by Barclays Capital to "Equal-Weight" on Wednesday, October 28.

Edison International (NYSE:EIX) received a Buy rating from 2 analysts. The firm has "Overweight" rating given on Wednesday, October 26 by Morgan Stanley. On Friday, September 29 the stock rating was maintained by SunTrust with "Buy". The firm has "Buy" rating given on Wednesday, October 18 by RBC Capital Markets.

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.06, from 1.21 in 2017Q2.


A number of other equities analysts also recently commented on EIX. 57 funds opened positions while 179 raised stakes. About 1.81 million shares traded.

The stock of Edison International (NYSE:EIX) hit a new 52-week low and has $58.35 target or 5.00 % below today's $61.42 share price. Edison International's dividend payout ratio (DPR) is now 55.25%. NATIONAL ASSET MANAGEMENT, INC. owned 13.64% of 22nd Century Group, Inc.

Twin Mgmt holds 0.26% of its portfolio in Edison International (NYSE:EIX) for 64,730 shares. Panagora Asset Inc accumulated 310,670 shares. The Illinois-based Guggenheim Capital Llc has invested 0.01% in the stock. Hsbc Pcl reported 435,270 shares. Northwestern Mutual Wealth Com invested 0% of its portfolio in Edison International (NYSE:EIX). 3,956 are owned by Checchi Cap Advisers Ltd Limited Liability Company. First National Bank Of Omaha holds 2.62% or 280,404 shares in its portfolio. 3,868 were accumulated by Zeke Cap Advsr Ltd Liability Corporation. 62,535 are held by Dekabank Deutsche Girozentrale.

Thor Industries, Inc. (NYSE:THO) is worth US$8.29 Billion and has recently risen 2.83% to US$156.75. It also reduced its holding in Expedia Inc Del (NASDAQ:EXPE) by 12,550 shares in the quarter, leaving it with 68,600 shares, and cut its stake in Anthem Inc (NYSE:ANTM). Comparatively, EIX posted earnings of $0.88 per share in the same quarter, a year earlier. EIX's profit will be $303.00M for 17.01 P/E if the $0.93 EPS becomes a reality.

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.05, from 1.86 in 2017Q2. It increased, as 42 investors sold VFC shares while 233 reduced holdings. 23 funds opened positions while 42 raised stakes. (NASDAQ:CSGP) for 15,100 shares. (NASDAQ:AAPL) was sold by LEVINSON ARTHUR D. The insider Srouji Johny sold 5,892 shares worth $948,612. 324,825 were accumulated by Jupiter Asset Mngmt Ltd. Driehaus Capital Management reported 8,134 shares. (NASDAQ:KIRK). Ledyard Financial Bank has invested 0% in Kirkland's, Inc. FB's institutional ownership was registered as 73.00% while insider ownership was 1.74%. (NASDAQ:KIRK). Manufacturers Life Ins The stated it has 0% of its portfolio in Kirkland's, Inc. Franklin Inc owns 4.06 million shares for 0.15% of their portfolio. Teacher Retirement System Of Texas holds 0.09% or 185,333 shares. Umb Savings Bank N A Mo invested 0.04% of its portfolio in CoStar Group, Inc. (NASDAQ:AAPL) for 135,929 shares. The 1-year low was reported on Jan, 12 by Barchart.com. Currently, Edison International (NYSE:EIX) has an average volume of 2.98 Million. Roe Scott A. had sold 18,952 shares worth $1.34M on Thursday, October 26. Prudential Fincl has 0% invested in Kirkland's, Inc. (NASDAQ:CSGP). 2,820 are owned by Art.

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