EPS for Consolidated Edison, Inc. (ED) Expected At $1.33; Noah Holdings Limited (NOAH) Shorts Up By 6.77%

April 25, 2018 - By Nellie Frank

Analysts expect Consolidated Edison, Inc. (NYSE:ED) to report $1.33 EPS on May, 3.They anticipate $0.06 EPS change or 4.72% from last quarter’s $1.27 EPS. ED’s profit would be $413.13 million giving it 14.67 P/E if the $1.33 EPS is correct. After having $0.80 EPS previously, Consolidated Edison, Inc.’s analysts see 66.25% EPS growth. The stock decreased 0.36% or $0.28 during the last trading session, reaching $78.03. About 41,526 shares traded. Consolidated Edison, Inc. (NYSE:ED) has declined 1.18% since April 25, 2017 and is downtrending. It has underperformed by 12.73% the S&P500.

Noah Holdings Limited (NYSE:NOAH) had an increase of 6.77% in short interest. NOAH’s SI was 2.50M shares in April as released by FINRA. Its up 6.77% from 2.34 million shares previously. With 256,500 avg volume, 10 days are for Noah Holdings Limited (NYSE:NOAH)’s short sellers to cover NOAH’s short positions. The SI to Noah Holdings Limited’s float is 14.6%. The stock decreased 1.42% or $0.72 during the last trading session, reaching $49.99. About 5,180 shares traded. Noah Holdings Limited (NYSE:NOAH) has risen 88.63% since April 25, 2017 and is uptrending. It has outperformed by 77.08% the S&P500.

Noah Holdings Limited, through its subsidiaries, operates as a wealth management service well-known provider with focus on wealth investment and asset allocation services for high net worth individuals and enterprises in the People's Republic of China. The company has market cap of $2.85 billion. The Company’s wealth management services and products include fixed income products, such as corporate credit products, real estate credit funds, factoring products, and mezzanine financing products linked to corporate merger and acquisitions and buyouts, and others; private equity products, such as investments in various private equity funds sponsored by domestic and international asset/fund management firms, as well as real estate equity funds and private equity funds of funds; secondary market equity fund products; and insurance products, mutual funds, and other products. It has a 24.74 P/E ratio.

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. RBC Capital Markets maintained Consolidated Edison, Inc. (NYSE:ED) rating on Sunday, October 1. RBC Capital Markets has “Hold” rating and $78.0 target. On Monday, August 10 the stock rating was downgraded by Vetr to “Hold”. On Wednesday, September 21 the stock rating was maintained by Barclays Capital with “Equal-Weight”. As per Sunday, July 23, the company rating was maintained by RBC Capital Markets. Guggenheim maintained it with “Hold” rating and $88.0 target in Tuesday, January 2 report. Morgan Stanley maintained the stock with “Underweight” rating in Monday, November 13 report. The firm earned “Neutral” rating on Friday, August 12 by Citigroup. The company was maintained on Wednesday, October 11 by Jefferies. On Sunday, August 27 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm has “Hold” rating given on Wednesday, August 30 by Jefferies.

Since December 31, 2017, it had 37 buys, and 1 sale for $118,653 activity. $2,344 worth of Consolidated Edison, Inc. (NYSE:ED) was bought by Sanchez Robert on Wednesday, January 31. 1 Consolidated Edison, Inc. (NYSE:ED) shares with value of $76 were bought by RESHESKE FRANCES. Another trade for 26 shares valued at $1,998 was bought by Muccilo Robert. $2,102 worth of Consolidated Edison, Inc. (NYSE:ED) shares were bought by Nadkarni Gurudatta D. Shukla Saumil P also bought $3,832 worth of Consolidated Edison, Inc. (NYSE:ED) shares. Cawley Timothy had bought 47 shares worth $4,094. $2,344 worth of Consolidated Edison, Inc. (NYSE:ED) was bought by McAvoy John on Wednesday, January 31.

Investors sentiment decreased to 1.06 in 2017 Q4. Its down 0.02, from 1.08 in 2017Q3. It dropped, as 41 investors sold Consolidated Edison, Inc. 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. Renaissance owns 2.10 million shares. Rampart Investment Company, a Massachusetts-based fund reported 3,777 shares. Clear Harbor Asset Lc, a New York-based fund reported 15,970 shares. Cubic Asset Limited Liability reported 7,930 shares or 0.19% of all its holdings. Cobblestone Capital Advisors Limited Liability Corporation owns 4,883 shares. Bnp Paribas Asset Hldg Sa invested in 14,562 shares. Spinnaker holds 8,162 shares or 0.08% of its portfolio. New York-based Natl Asset has invested 0.11% in Consolidated Edison, Inc. (NYSE:ED). Thompson Siegel & Walmsley Limited Liability Com invested in 0% or 1,784 shares. 231,774 were accumulated by Cornerstone Mgmt Holding Lc. Moreover, Bank & Trust Of The Ozarks has 0.11% invested in Consolidated Edison, Inc. (NYSE:ED). Wedgewood Prtnrs has invested 0.04% in Consolidated Edison, Inc. (NYSE:ED). New York-based Tiaa Cref Invest Mngmt Limited Liability Corporation has invested 0.04% in Consolidated Edison, Inc. (NYSE:ED). Klingenstein Fields And Lc holds 0.01% of its portfolio in Consolidated Edison, Inc. (NYSE:ED) for 3,920 shares. Millennium Ltd reported 0% in Consolidated Edison, Inc. (NYSE:ED).

Consolidated Edison, Inc., through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses in the United States. The company has market cap of $24.24 billion. The firm offers electric services to approximately 3.4 million clients in New York City and Westchester County; gas to approximately 1.1 million clients in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,649 clients in parts of Manhattan. It has a 15.8 P/E ratio. It also supplies electricity to approximately 0.3 million clients in southeastern New York, and northern New Jersey; and gas to approximately 0.1 million clients in southeastern New York.

Consolidated Edison, Inc. (NYSE:ED) Institutional Positions Chart

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