Tobam Trimmed Its Consolidated Edison (ED) Position by $3.12 Million as Stock Rose; Private Management Group Has Boosted Its Colfax (CFX) Position by $12.74 Million

Private Management Group Inc increased its stake in Colfax Corp (CFX) by 348.99% based on its latest 2018Q4 regulatory filing with the SEC. Private Management Group Inc bought 636,992 shares as the company’s stock rose 8.93% with the market. The institutional investor held 819,517 shares of the fluid controls company at the end of 2018Q4, valued at $17.13M, up from 182,525 at the end of the previous reported quarter. Private Management Group Inc who had been investing in Colfax Corp for a number of months, seems to be bullish on the $3.36 billion market cap company. The stock increased 1.45% or $0.41 during the last trading session, reaching $28.64. About 1.12 million shares traded. Colfax Corporation (NYSE:CFX) has declined 16.52% since March 15, 2018 and is downtrending. It has underperformed by 20.89% the S&P500.

Tobam decreased its stake in Consolidated Edison Inc (ED) by 3.02% based on its latest 2018Q4 regulatory filing with the SEC. Tobam sold 41,115 shares as the company’s stock rose 5.53% with the market. The institutional investor held 1.32 million shares of the power generation company at the end of 2018Q4, valued at $100.81 million, down from 1.36 million at the end of the previous reported quarter. Tobam who had been investing in Consolidated Edison Inc for a number of months, seems to be less bullish one the $27.40 billion market cap company. The stock increased 0.40% or $0.34 during the last trading session, reaching $85.32. About 903,799 shares traded. Consolidated Edison, Inc. (NYSE:ED) has risen 11.54% since March 15, 2018 and is uptrending. It has outperformed by 7.17% the S&P500. Some Historical ED News: 03/05/2018 – CONSOLIDATED EDISON INC – QTRLY TOTAL OPERATING REVENUES $3,364 MLN VS $3,228 MLN; 24/04/2018 – Consolidated Edison, Inc. Recommends Shareholder Rejection of Mini-Tender Offer by TRC Capital Corporation; 03/05/2018 – CONSOLIDATED EDISON INC ED.N REAFFIRMS FY 2018 ADJUSTED SHR VIEW $4.15 TO $4.35; 29/05/2018 – U.S. Army pulls Mountain Valley natgas pipeline permit in W. Virginia; 03/05/2018 – CONSOLIDATED EDISON INC – QTRLY ADJ SHR $1.38; 03/05/2018 – Consolidated Edison 1Q Net $428M; 21/05/2018 – Con Edison CEO: Smart Meters, Technology and Renewables Will Improve Service to Customers; 12/04/2018 – EPRI Announces Changes to Board of Directors; 07/05/2018 – S&PGR Rts Consolidated Edison Co Of NY’s Sr Unsec Dbntrs ‘A-‘; 22/04/2018 – DJ Consolidated Edison Inc, Inst Holders, 1Q 2018 (ED)

Since September 30, 2018, it had 52 insider purchases, and 0 sales for $156,793 activity. The insider OATES JOSEPH P bought 7 shares worth $551. Another trade for 29 shares valued at $2,229 was made by Moore Elizabeth D on Wednesday, October 31. $2,283 worth of stock was bought by Sanchez Robert on Thursday, January 31. 51 shares were bought by Shukla Saumil P, worth $4,053. $4,507 worth of Consolidated Edison, Inc. (NYSE:ED) shares were bought by Cawley Timothy. The insider McAvoy John bought $2,306.

More notable recent Consolidated Edison, Inc. (NYSE:ED) news were published by: Globenewswire.com which released: “Five Con Edison Employees Win Industry Awards for Research – GlobeNewswire” on March 06, 2019, also Businessinsider.com with their article: “Nasdaq and NYSE file lawsuits against SEC – Business Insider” published on February 15, 2019, 247Wallst.com published: “Top Analyst Upgrades and Downgrades: AEP, Apple, Boeing, Coca-Cola, Eli Lilly, RingCentral, Tellurian, Tesla, Vonage and More – 24/7 Wall St.” on March 12, 2019. More interesting news about Consolidated Edison, Inc. (NYSE:ED) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For March 14, 2019 – Benzinga” published on March 14, 2019 as well as Seekingalpha.com‘s news article titled: “Tilly’s, Inc. (TLYS) CEO Ed Thomas on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: March 15, 2019.

Analysts await Consolidated Edison, Inc. (NYSE:ED) to report earnings on May, 2. They expect $1.43 earnings per share, up 4.38% or $0.06 from last year’s $1.37 per share. ED’s profit will be $459.15M for 14.92 P/E if the $1.43 EPS becomes a reality. After $0.77 actual earnings per share reported by Consolidated Edison, Inc. for the previous quarter, Wall Street now forecasts 85.71% EPS growth.

Tobam, which manages about $5.57 billion and $2.08B US Long portfolio, upped its stake in Wheaton Precious Metals Corp by 52,300 shares to 321,300 shares, valued at $6.27M in 2018Q4, according to the filing. It also increased its holding in Hershey Co/The (NYSE:HSY) by 36,044 shares in the quarter, for a total of 208,532 shares, and has risen its stake in Advanced Micro Devices (NASDAQ:AMD).

Investors sentiment increased to 1.28 in 2018 Q4. Its up 0.34, from 0.94 in 2018Q3. It increased, as 35 investors sold ED shares while 189 reduced holdings. 89 funds opened positions while 197 raised stakes. 187.65 million shares or 7.77% more from 174.11 million shares in 2018Q3 were reported. Baldwin Brothers Ma accumulated 93,607 shares. Advisor Ptnrs Ltd Llc holds 0.12% of its portfolio in Consolidated Edison, Inc. (NYSE:ED) for 9,855 shares. Caprock Group Inc holds 5,816 shares. Deutsche Bankshares Ag holds 2.38M shares or 0.13% of its portfolio. Washington Bank & Trust invested in 840 shares. Bowen Hanes & Inc reported 10,000 shares. 3,000 are held by Rbo And Limited Co. Blume Cap Mngmt holds 0.04% or 971 shares in its portfolio. Raab Moskowitz Asset Limited Liability Company invested 0.31% in Consolidated Edison, Inc. (NYSE:ED). Plante Moran Limited Liability holds 825 shares. Weiss Multi reported 0.22% stake. Cubic Asset Management Limited Co reported 0.18% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Daiwa Secs Gru has 12,012 shares. Lincoln National holds 0.03% in Consolidated Edison, Inc. (NYSE:ED) or 9,744 shares. California Pub Employees Retirement System invested in 0.2% or 1.90M shares.

More notable recent Colfax Corporation (NYSE:CFX) news were published by: Globenewswire.com which released: “Colfax Completes Acquisition of DJO Global, Inc., Schedules 2019 Outlook Conference Call – GlobeNewswire” on February 25, 2019, also Benzinga.com with their article: “58 Biggest Movers From Yesterday – Benzinga” published on February 14, 2019, Seekingalpha.com published: “Colfax Corporation 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” on February 13, 2019. More interesting news about Colfax Corporation (NYSE:CFX) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For March 15, 2019 – Benzinga” published on March 15, 2019 as well as Globenewswire.com‘s news article titled: “GCP Applied Technologies Inc. Announces Agreement with Starboard – GlobeNewswire” with publication date: March 11, 2019.

Private Management Group Inc, which manages about $2.22B and $1.83 billion US Long portfolio, decreased its stake in Allergan Plc by 7,942 shares to 258,156 shares, valued at $34.51 million in 2018Q4, according to the filing. It also reduced its holding in Jbg Smith Pptys by 468,824 shares in the quarter, leaving it with 143,763 shares, and cut its stake in Ishares Tr (IBB).

Colfax Corporation (NYSE:CFX) Institutional Positions Chart