Pictet Asset Management LTD Position in Consolidated Edison (ED) Has Decreased by $1.96 Million as Market Valuation Declined; Financial Counselors Has Cut Its Stake in Apple (AAPL) by $1.67 Million

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Pictet Asset Management Ltd decreased its stake in Consolidated Edison Inc (ED) by 12.64% based on its latest 2019Q2 regulatory filing with the SEC. Pictet Asset Management Ltd sold 22,500 shares as the company’s stock declined 0.32% . The institutional investor held 155,511 shares of the power generation company at the end of 2019Q2, valued at $13.64 million, down from 178,011 at the end of the previous reported quarter. Pictet Asset Management Ltd who had been investing in Consolidated Edison Inc for a number of months, seems to be less bullish one the $28.72 billion market cap company. The stock increased 0.10% or $0.09 during the last trading session, reaching $86.38. About 488,809 shares traded. Consolidated Edison, Inc. (NYSE:ED) has risen 8.70% since December 4, 2018 and is uptrending. It has outperformed by 8.70% the S&P500. Some Historical ED News: 03/05/2018 – Consolidated Edison 1Q Adj EPS $1.38; 07/05/2018 – S&PGR Rts Consolidated Edison Co Of NY’s Sr Unsec Dbntrs ‘A-‘; 23/03/2018 – New Jersey AG opposes eminent domain for PennEast natgas pipeline; 03/05/2018 – CONSOLIDATED EDISON INC – QTRLY ADJ SHR $1.38; 29/05/2018 – U.S. Army pulls Mountain Valley natgas pipeline permit in W. Virginia; 23/04/2018 – CONSOLIDATED EDISON INC ED.N : UBS RAISES TARGET PRICE TO $79 FROM $77; 24/05/2018 – Con Edison’s $1.5B Investment and Technology Get Delivery Systems Ready for Summer; 16/04/2018 – GridBright Helps Con Edison Reduce Subway Delays Caused by Power Outages; 09/04/2018 – Consolidated Edison: Vincent A. Calarco to Retire From Board; 03/05/2018 – CONSOLIDATED EDISON INC – QTRLY TOTAL OPERATING REVENUES $3,364 MLN VS $3,228 MLN

Financial Counselors Inc decreased its stake in Apple Inc (AAPL) by 2.62% based on its latest 2019Q2 regulatory filing with the SEC. Financial Counselors Inc sold 8,467 shares as the company’s stock rose 1.20% . The institutional investor held 314,148 shares of the computer manufacturing company at the end of 2019Q2, valued at $62.18 million, down from 322,615 at the end of the previous reported quarter. Financial Counselors Inc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $ market cap company. The stock increased 1.11% or $2.88 during the last trading session, reaching $262.33. About 11.14M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 12.18% since December 4, 2018 and is uptrending. It has outperformed by 12.18% the S&P500. Some Historical AAPL News: 02/04/2018 – Yet each has benefited from the other’s business model: Apple’s App Store has become one of the primary platforms through which Facebook attracts users. And free apps like Facebook make Apple’s products more attractive; 21/05/2018 – Buffett Bailed Out By Apple as Coke and Wells Lose: Markets Live; 02/04/2018 – Chipmakers Fall Most in Two Years as Apple Ditches Intel Chips; 10/04/2018 – Fleetsmith Launches Secure, Automated Apple Device Management with Zero-Touch Deployment through Apple DEP; 09/04/2018 – Apple Now Globally Powered by 100 Percent Renewable Energy; 13/03/2018 – Fitbit targets the young in tech tussle with Apple; 30/05/2018 – The new plan allows Pandora to compete with rivals Apple Music and Spotify; 24/04/2018 – The Apple Rush Company, inc. announces the partnering with Southern Eagle Distributing, Inc. to re-introduce Apple Rush 100% sp; 24/04/2018 – Analyst downgrades big Apple chip supplier due to declining iPhone demand; 23/03/2018 – CAFC: DSS TECHNOLOGY MANAGEMENT v. APPLE INC. [OPINION] – Appeal #16-2523 – 2018-03-23

More notable recent Consolidated Edison, Inc. (NYSE:ED) news were published by: Nasdaq.com which released: “Nasdaq 100 Movers: KLAC, NTES – Nasdaq” on November 21, 2019, also Finance.Yahoo.com with their article: “Consolidated Edison (ED) Q3 Earnings and Revenues Miss Estimates – Yahoo Finance” published on November 04, 2019, Finance.Yahoo.com published: “How Many Consolidated Edison, Inc. (NYSE:ED) Shares Do Institutions Own? – Yahoo Finance” on July 24, 2019. More interesting news about Consolidated Edison, Inc. (NYSE:ED) were released by: Bizjournals.com and their article: “Mountain Valley co-owner puts cap on investment in pipeline – Pittsburgh Business Times” published on November 05, 2019 as well as Finance.Yahoo.com‘s news article titled: “Does Consolidated Edison, Inc.’s (NYSE:ED) CEO Salary Reflect Performance? – Yahoo Finance” with publication date: November 03, 2019.

Analysts await Consolidated Edison, Inc. (NYSE:ED) to report earnings on February, 20. They expect $0.78 EPS, up 1.30% or $0.01 from last year’s $0.77 per share. ED’s profit will be $259.29M for 27.69 P/E if the $0.78 EPS becomes a reality. After $1.54 actual EPS reported by Consolidated Edison, Inc. for the previous quarter, Wall Street now forecasts -49.35% negative EPS growth.

Investors sentiment increased to 1.34 in Q2 2019. Its up 0.03, from 1.31 in 2019Q1. It is positive, as 30 investors sold ED shares while 193 reduced holdings. 71 funds opened positions while 228 raised stakes. 191.23 million shares or 3.00% more from 185.66 million shares in 2019Q1 were reported. 364,211 are owned by Prudential Fincl Inc. Td Asset Mgmt has invested 0.02% in Consolidated Edison, Inc. (NYSE:ED). Qs Ltd Liability Corporation holds 0.19% or 205,081 shares in its portfolio. Meeder Asset Mngmt Inc holds 0% in Consolidated Edison, Inc. (NYSE:ED) or 746 shares. Parkside National Bank & Trust & Tru owns 221 shares or 0.01% of their US portfolio. Texas Permanent School Fund stated it has 0.09% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Wellington Group Incorporated Ltd Liability Partnership holds 64,682 shares. 7,221 are owned by Intersect Capital Ltd Liability Corp. Arvest Savings Bank Division holds 0.01% or 2,466 shares. Advisory Services Net Ltd Co holds 4,782 shares. Azimuth Capital Mgmt Lc holds 8,320 shares or 0.05% of its portfolio. British Columbia Inv Mngmt reported 0.07% in Consolidated Edison, Inc. (NYSE:ED). Geode Mngmt Ltd Liability Corp stated it has 4.95 million shares. 15,000 are owned by Employees Retirement Of Texas. Orrstown Financial Inc stated it has 400 shares or 0.05% of all its holdings.

Since June 30, 2019, it had 39 buys, and 0 selling transactions for $130,144 activity. On Saturday, August 31 OATES JOSEPH P bought $522 worth of Consolidated Edison, Inc. (NYSE:ED) or 6 shares. 27 shares were bought by Cawley Timothy, worth $2,350. $2,096 worth of Consolidated Edison, Inc. (NYSE:ED) shares were bought by Nadkarni Gurudatta D. McAvoy John had bought 27 shares worth $2,350. $4,714 worth of Consolidated Edison, Inc. (NYSE:ED) shares were bought by Moore Elizabeth D. de la Bastide Lore also bought $816 worth of Consolidated Edison, Inc. (NYSE:ED) shares.

Pictet Asset Management Ltd, which manages about $46.36B US Long portfolio, upped its stake in First Data Corp New by 18,500 shares to 204,109 shares, valued at $5.53M in 2019Q2, according to the filing. It also increased its holding in Discovery Inc (NASDAQ:DISCK) by 21,800 shares in the quarter, for a total of 176,856 shares, and has risen its stake in Colgate Palmolive Co (NYSE:CL).

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on February, 4. They expect $4.53 EPS, up 8.37% or $0.35 from last year’s $4.18 per share. After $3.03 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts 49.50% EPS growth.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: “Apple unveils 16-in MacBook Pro – Seeking Alpha” on November 13, 2019, also Nasdaq.com with their article: “Will Apple Raise Its Dividend in 2020? – Nasdaq” published on November 15, 2019, Seekingalpha.com published: “Apple’s Upcoming Lowest-Priced iPhone Shows New Challenges – Seeking Alpha” on November 19, 2019. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “Apple making mini LED push in 2020 – analyst – Seeking Alpha” published on December 02, 2019 as well as Seekingalpha.com‘s news article titled: “Apple’s Stock Still Has Much Further To Climb – Seeking Alpha” with publication date: November 12, 2019.

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