As Consolidated Edison Com (ED) Share Value Declined, Holder Zeke Capital Advisors Has Cut Stake by $665,819; Solus Alternative Asset Management LP Holding in Loral Space & Communicatns I (LORL) Decreased by $1.37 Million

June 14, 2018 - By Michael Collier

Loral Space & Communications Inc. (NASDAQ:LORL) Logo

Christopher Pucillo decreased its stake in Loral Space & Communicatns I (LORL) by 1.82% based on its latest 2018Q1 regulatory filing with the SEC. Solus Alternative Asset Management Lp sold 33,412 shares as the company’s stock declined 16.63% with the market. The hedge fund run by Christopher Pucillo held 1.81M shares of the technology company at the end of 2018Q1, valued at $75.23 million, down from 1.84M at the end of the previous reported quarter. Solus Alternative Asset Management Lp who had been investing in Loral Space & Communicatns I for a number of months, seems to be less bullish one the $1.19 billion market cap company. The stock increased 1.19% or $0.45 during the last trading session, reaching $38.35. About 11,411 shares traded. Loral Space & Communications Inc. (NASDAQ:LORL) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500. Some Historical LORL News: 16/04/2018 – Telesat Canada Announces Preliminary Revenue and Adjusted EBITDA¹ for the Quarter Ending March 31, 2018; 26/03/2018 – SPACE COM TO PAY LORAL $112M FOR AMOS 8; DELIVERY IN 27 MONTHS; 08/03/2018 Loral Space Closes Below 50-Day Moving Average: Technicals; 16/04/2018 – TELESAT CANADA – FOR QTR ENDING MARCH 31, CO EXPECTS TO REPORT COMPARATIVE REVENUES OF $233 MLN TO $236 MLN VS REPORTED REVENUE OF $235 MLN LAST YR; 21/04/2018 – DJ Loral Space & Communications Inc, Inst Holders, 1Q 2018 (LORL); 26/03/2018 – SPACE COM ORDERS AMOS 8 SATELLITE FROM SPACE SYSTEMS/LORAL

Zeke Capital Advisors Llc decreased its stake in Consolidated Edison Inc Com (ED) by 65.93% based on its latest 2018Q1 regulatory filing with the SEC. Zeke Capital Advisors Llc sold 8,647 shares as the company’s stock declined 1.36% with the market. The hedge fund held 4,468 shares of the power generation company at the end of 2018Q1, valued at $348,000, down from 13,115 at the end of the previous reported quarter. Zeke Capital Advisors Llc who had been investing in Consolidated Edison Inc Com for a number of months, seems to be less bullish one the $22.67B market cap company. The stock increased 0.73% or $0.53 during the last trading session, reaching $72.96. About 1.35M shares traded. Consolidated Edison, Inc. (NYSE:ED) has declined 7.47% since June 14, 2017 and is downtrending. It has underperformed by 20.04% the S&P500.

Solus Alternative Asset Management Lp, which manages about $5.19B and $663.69M US Long portfolio, upped its stake in Visteon Corp (NYSE:VC) by 135,194 shares to 572,212 shares, valued at $63.08 million in 2018Q1, according to the filing.

Investors sentiment decreased to 0.6 in 2018 Q1. Its down 0.40, from 1 in 2017Q4. It fall, as 10 investors sold LORL shares while 33 reduced holdings. 5 funds opened positions while 21 raised stakes. 20.18 million shares or 2.97% less from 20.80 million shares in 2017Q4 were reported. Tower Research Cap Limited Co (Trc) invested in 1,254 shares. The New York-based Tiaa Cref Management Lc has invested 0% in Loral Space & Communications Inc. (NASDAQ:LORL). Bnp Paribas Arbitrage holds 6,683 shares. Voya Management Ltd Liability invested in 6,043 shares or 0% of the stock. Credit Suisse Ag invested 0% of its portfolio in Loral Space & Communications Inc. (NASDAQ:LORL). New York-based Proxima Limited Liability has invested 1.14% in Loral Space & Communications Inc. (NASDAQ:LORL). Horizon Kinetics holds 15,882 shares. Shannon River Fund Management Limited Co invested in 177,229 shares or 1.85% of the stock. 14,718 are owned by Deutsche Bank & Trust Ag. Aperio Lc accumulated 16,037 shares. Manufacturers Life Insurance Company The invested in 0% or 9,811 shares. Citadel Advsr Limited Liability Co has 0% invested in Loral Space & Communications Inc. (NASDAQ:LORL). Parallax Volatility Advisers Lp invested in 1,265 shares. 4,138 are held by Metropolitan Life Ny. Ancora Advsr Ltd Liability Company owns 58,974 shares.

Investors sentiment decreased to 0.89 in 2018 Q1. Its down 0.17, from 1.06 in 2017Q4. It worsened, as 51 investors sold ED shares while 247 reduced holdings. 74 funds opened positions while 192 raised stakes. 173.02 million shares or 2.20% more from 169.29 million shares in 2017Q4 were reported. Nomura Asset Mngmt Co Ltd reported 0.13% stake. Robeco Institutional Asset Mgmt Bv holds 0.56% in Consolidated Edison, Inc. (NYSE:ED) or 1.55 million shares. Gam Holdings Ag has 7,357 shares for 0.02% of their portfolio. First Allied Advisory Incorporated invested in 0.03% or 9,899 shares. Sigma Planning invested in 0.05% or 8,827 shares. Fort Washington Advsr Oh stated it has 0.03% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Tci Wealth Advsr reported 0.03% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Carret Asset Ltd Limited Liability Company reported 0.1% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Burns J W New York holds 0.09% of its portfolio in Consolidated Edison, Inc. (NYSE:ED) for 4,268 shares. 3,471 are owned by Freestone Limited. 489,955 are held by State Teachers Retirement Systems. Live Your Vision Ltd Liability holds 150 shares. Cap One National Association has 0.02% invested in Consolidated Edison, Inc. (NYSE:ED). First Quadrant Limited Partnership Ca holds 0.01% of its portfolio in Consolidated Edison, Inc. (NYSE:ED) for 7,896 shares. Nelson Roberts Invest Advsr Lc has 320 shares for 0.01% of their portfolio.

Analysts await Consolidated Edison, Inc. (NYSE:ED) to report earnings on August, 2. They expect $0.56 earnings per share, down 3.45% or $0.02 from last year’s $0.58 per share. ED’s profit will be $174.01 million for 32.57 P/E if the $0.56 EPS becomes a reality. After $1.37 actual earnings per share reported by Consolidated Edison, Inc. for the previous quarter, Wall Street now forecasts -59.12% negative EPS growth.

Since December 31, 2017, it had 53 buys, and 1 insider sale for $150,984 activity. 30 shares were bought by HOGLUND ROBERT N, worth $2,306 on Wednesday, February 28. The insider RESHESKE FRANCES bought $87. $3,745 worth of Consolidated Edison, Inc. (NYSE:ED) was bought by Sanchez Robert. The insider Cawley Timothy bought $2,306. Nadkarni Gurudatta D bought 77 shares worth $6,707. Muccilo Robert had bought 25 shares worth $2,021 on Wednesday, January 31.

Among 17 analysts covering Con Edison (NYSE:ED), 1 have Buy rating, 6 Sell and 10 Hold. Therefore 6% are positive. Con Edison had 52 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Consolidated Edison, Inc. (NYSE:ED) has “Hold” rating given on Thursday, July 14 by Jefferies. The rating was initiated by J.P. Morgan on Friday, January 12 with “Sell”. The firm earned “Underweight” rating on Monday, November 13 by Morgan Stanley. RBC Capital Markets maintained the shares of ED in report on Sunday, November 5 with “Hold” rating. RBC Capital Markets maintained Consolidated Edison, Inc. (NYSE:ED) on Sunday, October 1 with “Hold” rating. The firm has “Underweight” rating by Morgan Stanley given on Friday, September 8. The company was initiated on Wednesday, January 25 by Credit Suisse. RBC Capital Markets maintained Consolidated Edison, Inc. (NYSE:ED) on Sunday, July 23 with “Hold” rating. As per Monday, April 16, the company rating was maintained by Morgan Stanley. The rating was maintained by UBS on Friday, August 14 with “Sell”.

Loral Space & Communications Inc. (NASDAQ:LORL) Institutional Positions Chart

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