Profund Advisors Lifted By $324,792 Its Analog Devices (ADI) Stake; 1 Analysts Are Bullish Consolidated Edison, Inc. (ED) Last Week

July 17, 2017 - By Adrian Erickson

Profund Advisors Llc increased Analog Devices Inc (ADI) stake by 7.33% reported in 2016Q4 SEC filing. Profund Advisors Llc acquired 4,511 shares as Analog Devices Inc (ADI)’s stock declined 1.50%. The Profund Advisors Llc holds 66,030 shares with $4.80 million value, up from 61,519 last quarter. Analog Devices Inc now has $30.35 billion valuation. The stock declined 0.18% or $0.15 reaching $81.4 on the news. About 615,884 shares traded. Analog Devices, Inc. (NASDAQ:ADI) has risen 45.85% since July 17, 2016 and is uptrending. It has outperformed by 29.15% the S&P500.

Among 10 analysts covering Con Edison (NYSE:ED), 1 have Buy rating, 3 Sell and 6 Hold. Therefore 10% are positive. Con Edison had 29 analyst reports since July 29, 2015 according to SRatingsIntel. The company was initiated on Friday, August 12 by Citigroup. Goldman Sachs maintained the stock with “Sell” rating in Wednesday, September 14 report. As per Friday, August 28, the company rating was downgraded by Argus Research. The firm has “Hold” rating given on Monday, August 10 by Vetr. The stock of Consolidated Edison, Inc. (NYSE:ED) earned “Buy” rating by Jefferies on Wednesday, September 14. The rating was maintained by UBS with “Sell” on Monday, May 8. Deutsche Bank upgraded the shares of ED in report on Monday, December 14 to “Hold” rating. UBS maintained the stock with “Sell” rating in Friday, August 14 report. The company was maintained on Monday, August 10 by BMO Capital Markets. The firm has “Sell” rating given on Monday, October 19 by Goldman Sachs. See Consolidated Edison, Inc. (NYSE:ED) latest ratings:

13/06/2017 Broker: Jefferies Old Rating: Buy New Rating: Hold Downgrade
08/05/2017 Broker: UBS Rating: Sell Old Target: $72.00 New Target: $75.00 Maintain
12/04/2017 Broker: Deutsche Bank Rating: Hold Old Target: $72.00 New Target: $74.00 Target Up
25/01/2017 Broker: Credit Suisse Rating: Underperform Initiate

Profund Advisors Llc decreased Barrick Gold Corp (NYSE:ABX) stake by 35,281 shares to 203,401 valued at $3.25 million in 2016Q4. It also reduced Mid Amer Apt Cmntys Inc (NYSE:MAA) stake by 7,528 shares and now owns 5,938 shares. Prudential Plc (NYSE:PUK) was reduced too.

Among 25 analysts covering Analog Devices (NASDAQ:ADI), 14 have Buy rating, 1 Sell and 10 Hold. Therefore 56% are positive. Analog Devices had 81 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, July 23 by Stifel Nicolaus. The firm has “Buy” rating given on Monday, May 29 by BMO Capital Markets. The rating was downgraded by Barclays Capital on Friday, December 4 to “Equal-Weight”. RBC Capital Markets maintained Analog Devices, Inc. (NASDAQ:ADI) rating on Monday, January 30. RBC Capital Markets has “Outperform” rating and $85 target. Bank of America downgraded the stock to “Neutral” rating in Monday, June 27 report. The firm earned “Buy” rating on Tuesday, May 30 by RBC Capital Markets. The stock of Analog Devices, Inc. (NASDAQ:ADI) earned “Neutral” rating by UBS on Wednesday, August 19. The firm has “Buy” rating by SunTrust given on Wednesday, August 19. UBS maintained Analog Devices, Inc. (NASDAQ:ADI) rating on Monday, January 18. UBS has “Neutral” rating and $54 target. The firm earned “Neutral” rating on Friday, January 15 by UBS.

Investors sentiment decreased to 1.11 in Q4 2016. Its down 0.12, from 1.23 in 2016Q3. It dropped, as 37 investors sold ADI shares while 203 reduced holdings. 79 funds opened positions while 187 raised stakes. 278.35 million shares or 3.79% more from 268.18 million shares in 2016Q3 were reported. Joel Isaacson & Ltd Liability Corp stated it has 0.02% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Cls Limited Liability Company reported 316 shares. Intact Invest Mngmt holds 0.24% or 87,400 shares. Bnp Paribas Prtn Sa reported 281,345 shares stake. Cantab Capital Partners Ltd Liability Partnership accumulated 0% or 11,009 shares. 394,506 are owned by Adage Capital Prns Group Incorporated Llc. 21,959 were reported by Liberty Mutual Asset. 2.76 million are owned by Goldman Sachs. State Of Wisconsin Inv Board holds 212,835 shares. 18,211 were accumulated by Amica Mutual. Atlantic Grp Inc Ltd Co invested in 27,262 shares or 0.01% of the stock. Teachers Insur & Annuity Association Of America stated it has 0.25% in Analog Devices, Inc. (NASDAQ:ADI). Old Mutual Customised Solutions (Proprietary) holds 8,600 shares or 0.11% of its portfolio. Primecap Co Ca, a California-based fund reported 4.26M shares. Automobile Association reported 509,354 shares or 0.12% of all its holdings.

Since January 20, 2017, it had 1 buying transaction, and 17 sales for $19.67 million activity. The insider STATA RAY sold 50,000 shares worth $4.15M. SEIF MARGARET K also sold $247,500 worth of Analog Devices, Inc. (NASDAQ:ADI) on Tuesday, February 21. $291,410 worth of Analog Devices, Inc. (NASDAQ:ADI) was sold by Real Peter. Cotter Martin sold $160,080 worth of stock. 15,000 shares valued at $1.24 million were sold by NOVICH NEIL S on Monday, March 13. 81 shares were sold by CHAMPY JAMES, worth $6,538. 47,500 shares were sold by ROCHE VINCENT, worth $4.11M on Tuesday, May 30.

Investors sentiment decreased to 1.03 in 2016 Q4. Its down 0.02, from 1.05 in 2016Q3. It worsened, as 53 investors sold Consolidated Edison, Inc. shares while 225 reduced holdings. 55 funds opened positions while 231 raised stakes. 162.74 million shares or 3.26% more from 157.60 million shares in 2016Q3 were reported. Delta Lloyd Nv stated it has 0.13% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Adage Ptnrs Grp Incorporated Limited Liability Corp stated it has 0.05% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Dt Invest Prtn Lc accumulated 9,529 shares. Airain Ltd, Guernsey-based fund reported 7,066 shares. Finemark Bankshares holds 6,251 shares or 0.04% of its portfolio. Federated Invsts Pa holds 0.68% or 3.07 million shares in its portfolio. Moreover, Pension Ser has 0.12% invested in Consolidated Edison, Inc. (NYSE:ED) for 235,774 shares. Legal General Gp Public Ltd Company accumulated 2.53M shares. Alley Ltd Liability Corporation owns 3,626 shares or 0.12% of their US portfolio. Aqr Cap Management Ltd Liability holds 4.25 million shares or 0.43% of its portfolio. Conning holds 0.02% or 7,598 shares. Alpine Woods Capital Investors Ltd Liability Co holds 13,410 shares. Verition Fund Mngmt Limited invested in 42,500 shares. Synovus Financial owns 0.03% invested in Consolidated Edison, Inc. (NYSE:ED) for 18,233 shares. Cobblestone Cap Advsr Limited Liability reported 0.06% stake.

Since January 31, 2017, it had 45 insider purchases, and 0 sales for $178,676 activity. 32 shares valued at $2,341 were bought by McAvoy John on Tuesday, January 31. On Tuesday, February 28 the insider HOGLUND ROBERT N bought $2,299. OATES JOSEPH P bought 24 shares worth $1,854. SANFORD LINDA S bought $71,766 worth of Consolidated Edison, Inc. (NYSE:ED) on Wednesday, May 17. $2,225 worth of Consolidated Edison, Inc. (NYSE:ED) was bought by Moore Elizabeth D. Nadkarni Gurudatta D also bought $2,048 worth of Consolidated Edison, Inc. (NYSE:ED) shares. Cawley Timothy had bought 29 shares worth $2,320 on Wednesday, May 31.

Consolidated Edison, Inc. is a holding company. The company has market cap of $24.86 billion. The Firm operates through its subsidiaries, which include Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R), Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses) and Con Edison Transmission, Inc. (Con Edison Transmission). It has a 18.67 P/E ratio. CECONY’s principal business are its regulated electric, gas and steam delivery businesses.

About 414,389 shares traded. Consolidated Edison, Inc. (NYSE:ED) has risen 11.89% since July 17, 2016 and is uptrending. It has underperformed by 4.81% the S&P500.

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