As New Residential Invt (NRZ) Share Price Declined, Joel Isaacson & Company Has Upped Its Position; As Consolidated Edison (ED) Valuation Rose, Albion Financial Group Has Raised Holding by $771,840

February 17, 2018 - By Richard Conner

Albion Financial Group increased its stake in Consolidated Edison Inc. (ED) by 22.48% based on its latest 2017Q3 regulatory filing with the SEC. Albion Financial Group bought 9,648 shares as the company’s stock rose 9.35% with the market. The institutional investor held 52,559 shares of the power generation company at the end of 2017Q3, valued at $4.24M, up from 42,911 at the end of the previous reported quarter. Albion Financial Group who had been investing in Consolidated Edison Inc. for a number of months, seems to be bullish on the $24.11 billion market cap company. The stock increased 0.86% or $0.66 during the last trading session, reaching $77.77. About 3.35M shares traded or 61.81% up from the average. Consolidated Edison, Inc. (NYSE:ED) has risen 11.89% since February 17, 2017 and is uptrending. It has underperformed by 4.81% the S&P500.

Joel Isaacson & Company Llc increased its stake in New Residential Invt Corp (NRZ) by 139.85% based on its latest 2017Q3 regulatory filing with the SEC. Joel Isaacson & Company Llc bought 40,000 shares as the company’s stock declined 0.74% while stock markets rallied. The institutional investor held 68,603 shares of the real estate investment trusts company at the end of 2017Q3, valued at $1.15M, up from 28,603 at the end of the previous reported quarter. Joel Isaacson & Company Llc who had been investing in New Residential Invt Corp for a number of months, seems to be bullish on the $5.68B market cap company. The stock decreased 0.41% or $0.07 during the last trading session, reaching $16.89. About 2.57 million shares traded. New Residential Investment Corp. (NYSE:NRZ) has risen 22.04% since February 17, 2017 and is uptrending. It has outperformed by 5.34% the S&P500.

Among 8 analysts covering New Residential Investment Corp (NYSE:NRZ), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. New Residential Investment Corp had 24 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of New Residential Investment Corp. (NYSE:NRZ) earned “Buy” rating by FBR Capital on Friday, June 23. The stock of New Residential Investment Corp. (NYSE:NRZ) has “Buy” rating given on Tuesday, September 12 by Keefe Bruyette & Woods. The rating was upgraded by Piper Jaffray to “Overweight” on Monday, October 19. As per Thursday, October 6, the company rating was initiated by Wedbush. FBR Capital maintained the shares of NRZ in report on Wednesday, February 22 with “Outperform” rating. Wedbush downgraded the stock to “Neutral” rating in Tuesday, June 20 report. The firm has “Mkt Outperform” rating by JMP Securities given on Wednesday, December 23. As per Friday, September 9, the company rating was reinitiated by Piper Jaffray. The firm earned “Neutral” rating on Wednesday, May 18 by Compass Point. The firm has “Overweight” rating given on Tuesday, October 24 by Barclays Capital.

Joel Isaacson & Company Llc, which manages about $2.52B and $546.58M US Long portfolio, decreased its stake in Cisco Sys Inc (NASDAQ:CSCO) by 34,805 shares to 17,431 shares, valued at $586,000 in 2017Q3, according to the filing. It also reduced its holding in Vanguard Index Fds (VO) by 3,375 shares in the quarter, leaving it with 224,886 shares, and cut its stake in Spdr Series Trust (SDY).

Investors sentiment increased to 1.4 in Q3 2017. Its up 0.28, from 1.12 in 2017Q2. It is positive, as 31 investors sold NRZ shares while 67 reduced holdings. 37 funds opened positions while 100 raised stakes. 143.66 million shares or 1.96% more from 140.89 million shares in 2017Q2 were reported. Utd Capital Advisers Ltd Liability has invested 0.01% in New Residential Investment Corp. (NYSE:NRZ). Susquehanna Grp Llp holds 0% in New Residential Investment Corp. (NYSE:NRZ) or 543,265 shares. Paloma Prtn stated it has 20,418 shares. Acadian Asset Mgmt Ltd Liability holds 67,251 shares. The Connecticut-based Cubist Systematic Strategies Lc has invested 0.02% in New Residential Investment Corp. (NYSE:NRZ). Quantitative Investment Mgmt Ltd Liability Corporation holds 90,900 shares. Swift Run Ltd Limited Liability Company holds 3.05% of its portfolio in New Residential Investment Corp. (NYSE:NRZ) for 344,925 shares. Bancorp Of America Corporation De has 4.62M shares. Vident Invest Advisory Limited Liability holds 0.01% or 12,239 shares. Loomis Sayles & Com Lp has 18,475 shares for 0% of their portfolio. Ngam Advisors Lp, Massachusetts-based fund reported 320,392 shares. Sageworth stated it has 1,000 shares. Advsr Asset Management Incorporated holds 0.37% in New Residential Investment Corp. (NYSE:NRZ) or 1.32M shares. Metropolitan Life Co accumulated 0% or 9,201 shares. Chicago Equity Ltd holds 1.05 million shares.

Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.04, from 1.12 in 2017Q2. It turned negative, as 31 investors sold ED shares while 224 reduced holdings. 60 funds opened positions while 215 raised stakes. 169.54 million shares or 1.03% more from 167.81 million shares in 2017Q2 were reported. Lipe Dalton owns 1,179 shares or 0.07% of their US portfolio. Thompson Rubinstein Mgmt Inc Or holds 0.12% or 4,419 shares in its portfolio. Cibc Asset Management invested in 58,097 shares or 0.03% of the stock. Tarbox Family Office Inc holds 0% of its portfolio in Consolidated Edison, Inc. (NYSE:ED) for 7 shares. Louisiana State Employees Retirement System holds 19,300 shares or 0.07% of its portfolio. 19.20 million are held by State Street. Deutsche Commercial Bank Ag holds 0.29% of its portfolio in Consolidated Edison, Inc. (NYSE:ED) for 5.21M shares. Commerzbank Aktiengesellschaft Fi reported 0.05% stake. Wellington Shields Mgmt Ltd Company holds 0.04% or 3,740 shares in its portfolio. Raymond James Financial Ser Advsr reported 70,043 shares or 0.04% of all its holdings. Howe And Rusling reported 465 shares. Orrstown Fincl Services invested in 750 shares. Principal Fincl Grp Inc invested 0.04% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Chemical Retail Bank owns 6,962 shares or 0.06% of their US portfolio. Old Second Fincl Bank Of Aurora owns 370 shares or 0.01% of their US portfolio.

Since August 23, 2017, it had 19 insider buys, and 1 sale for $100,922 activity. Cawley Timothy bought $2,344 worth of stock or 29 shares. Another trade for 77 shares valued at $6,707 was made by Nadkarni Gurudatta D on Sunday, December 31. Shares for $160,024 were sold by OATES JOSEPH P on Wednesday, August 23. 27 shares valued at $2,183 were bought by Moore Elizabeth D on Wednesday, January 31. HOGLUND ROBERT N bought $8,536 worth of stock. 1 shares were bought by Ivey Craig S, worth $87 on Sunday, December 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 49 analyst reports since July 29, 2015 according to SRatingsIntel. UBS maintained Consolidated Edison, Inc. (NYSE:ED) rating on Monday, February 22. UBS has “Sell” rating and $62 target. As per Thursday, July 14, the company rating was maintained by Jefferies. The firm has “Neutral” rating given on Wednesday, July 29 by Mizuho. Morgan Stanley maintained Consolidated Edison, Inc. (NYSE:ED) rating on Monday, November 13. Morgan Stanley has “Underweight” rating and $84 target. The rating was maintained by Guggenheim with “Hold” on Thursday, February 15. Morgan Stanley maintained the shares of ED in report on Friday, September 8 with “Underweight” rating. The company was maintained on Sunday, August 27 by RBC Capital Markets. The firm earned “Hold” rating on Sunday, July 23 by RBC Capital Markets. The stock of Consolidated Edison, Inc. (NYSE:ED) has “Hold” rating given on Wednesday, October 18 by KeyBanc Capital Markets. The firm earned “Market Perform” rating on Monday, August 10 by BMO Capital Markets.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>