Yousif Capital Administration LLC elevated its holdings in shares of Edison Worldwide (NYSE:EIX – Get Score) by 4.1% throughout the 4th quarter, in keeping with its most up-to-date Type 13F submitting with the Securities and Trade Fee. The agency owned 79,908 shares of the utilities supplier’s inventory after shopping for a further 3,170 shares throughout the quarter. Yousif Capital Administration LLC’s holdings in Edison Worldwide have been price $5,084,000 as of its most up-to-date submitting with the Securities and Trade Fee.
A number of different giant traders have additionally lately added to or decreased their stakes in EIX. CI Investments Inc. lifted its place in Edison Worldwide by 980.9% throughout the third quarter. CI Investments Inc. now owns 508 shares of the utilities supplier’s inventory price $29,000 after shopping for a further 461 shares throughout the interval. Ancora Advisors LLC acquired a brand new stake in Edison Worldwide throughout the first quarter price about $41,000. Lazard Asset Administration LLC elevated its stake in Edison Worldwide by 975.7% throughout the third quarter. Lazard Asset Administration LLC now owns 796 shares of the utilities supplier’s inventory price $44,000 after buying a further 722 shares over the past quarter. NuWave Funding Administration LLC acquired a brand new stake in Edison Worldwide throughout the third quarter price about $45,000. Lastly, First Command Financial institution acquired a brand new stake in Edison Worldwide throughout the third quarter price about $46,000. 87.19% of the inventory is presently owned by hedge funds and different institutional traders.
Analyst Rankings Adjustments
EIX has been the topic of a number of analysis analyst reviews. StockNews.com initiated protection on Edison Worldwide in a analysis notice on Thursday. They set a “maintain” score for the corporate. Credit score Suisse Group dropped their value goal on Edison Worldwide from $68.00 to $67.00 and set a “impartial” score for the corporate in a analysis notice on Friday, February twenty fourth. UBS Group upgraded Edison Worldwide from a “impartial” score to a “purchase” score and upped their value goal for the inventory from $69.00 to $75.00 in a analysis notice on Tuesday, January third. Morgan Stanley lowered their goal value on Edison Worldwide from $57.00 to $54.00 and set an “underweight” score for the corporate in a analysis notice on Wednesday, February twenty second. Lastly, Wells Fargo & Firm lowered Edison Worldwide from an “chubby” score to an “equal weight” score and lowered their goal value for the corporate from $76.00 to $73.00 in a analysis notice on Wednesday, February 1st. Two analysis analysts have rated the inventory with a promote score, six have assigned a maintain score and two have given a purchase score to the corporate. In accordance with MarketBeat, the inventory has a consensus score of “Maintain” and a consensus value goal of $69.64.
Edison Worldwide Buying and selling Down 1.8 %
Shares of EIX opened at $67.76 on Friday. The corporate has a market capitalization of $25.92 billion, a P/E ratio of 42.35, a P/E/G ratio of 4.92 and a beta of 0.78. Edison Worldwide has a one 12 months low of $54.45 and a one 12 months excessive of $73.32. The corporate has a debt-to-equity ratio of 1.74, a fast ratio of 0.64 and a present ratio of 0.68. The inventory has a 50-day shifting common value of $67.51 and a 200 day shifting common value of $64.47.
Edison Worldwide (NYSE:EIX – Get Score) final issued its quarterly earnings outcomes on Thursday, February twenty third. The utilities supplier reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.07. The agency had income of $4.02 billion throughout the quarter, in comparison with the consensus estimate of $3.61 billion. Edison Worldwide had a return on fairness of 12.05% and a internet margin of 4.48%. Throughout the identical quarter within the prior 12 months, the enterprise posted $1.16 earnings per share. Promote-side analysts forecast that Edison Worldwide will submit 4.72 EPS for the present fiscal 12 months.
Edison Worldwide Dividend Announcement
The agency additionally lately declared a quarterly dividend, which will probably be paid on Sunday, April thirtieth. Buyers of file on Friday, March thirty first will probably be issued a $0.7375 dividend. This represents a $2.95 dividend on an annualized foundation and a yield of 4.35%. The ex-dividend date is Thursday, March thirtieth. Edison Worldwide’s dividend payout ratio is presently 184.38%.
Edison Worldwide Firm Profile
Edison Worldwide is a renewable power firm, which via its subsidiaries, generates and distributes electrical energy, and invests in power providers and applied sciences. The corporate was based on July 4, 1886, and is headquartered in Rosemead, CA.
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