/As Edison Intl (EIX) Market Value Rose, Shareholder Rare Infrastructure LTD Has Decreased Position; Summit Securities Group Has Cut International Business Machs (Put) (IBM) Position by $388.09 Million; Stock Value Rose (via Qpute.com)
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As Edison Intl (EIX) Market Value Rose, Shareholder Rare Infrastructure LTD Has Decreased Position; Summit Securities Group Has Cut International Business Machs (Put) (IBM) Position by $388.09 Million; Stock Value Rose (via Qpute.com)


Edison International (NYSE:EIX) Logo

Summit Securities Group Llc decreased its stake in International Business Machs (Put) (IBM) by 99.85% based on its latest 2018Q4 regulatory filing with the SEC. Summit Securities Group Llc sold 34,148 shares as the company’s stock rose 12.54% with the market. The institutional investor held 52 shares of the computer manufacturing company at the end of 2018Q4, valued at $591,000, down from 34,200 at the end of the previous reported quarter. Summit Securities Group Llc who had been investing in International Business Machs (Put) for a number of months, seems to be less bullish one the $112.60 billion market cap company. The stock decreased 1.99% or $2.58 during the last trading session, reaching $126.99. About 3.01 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 10.00% since June 1, 2018 and is downtrending. It has underperformed by 14.37% the S&P500. Some Historical IBM News: 06/03/2018 – BayCare Hospitals Named Among Nation’s 100 Top Hospitals by IBM Watson Health; 17/04/2018 – IBM Expects FY18 Operating EPS of at Least $13.80; 10/04/2018 – iWave Appoints Gerry Lawless CTO & Chief Evangelist; 20/03/2018 – IBM Tool Seeks to Bridge AI Skills Gap; 17/04/2018 – IBM – QTRLY OPERATING (NON-GAAP) EPS OF $2.45, UP 4 PERCENT; 17/04/2018 – IBM Generated Net Cash From Operating Activities of $4.6 Billion in 1Q; 17/05/2018 – IBM and Keio University Announce Collaborations with JSR, MUFG Bank, Mizuho Financial Group and Mitsubishi Chemical to Accelerate Quantum Computing in Japan; 17/04/2018 – IBM 1Q Rev $19.07B; 20/03/2018 – INTERNATIONAL BUSINESS MACHINES CORP IBM.N FY2018 SHR VIEW $13.83 — THOMSON REUTERS l/B/E/S; 15/05/2018 – Berkshire Exits IBM, Cuts Wells Fargo, Buys More Apple: 13F

Rare Infrastructure Ltd decreased its stake in Edison Intl (EIX) by 15.74% based on its latest 2018Q4 regulatory filing with the SEC. Rare Infrastructure Ltd sold 202,883 shares as the company’s stock rose 13.39% with the market. The institutional investor held 1.09M shares of the central company at the end of 2018Q4, valued at $61.64M, down from 1.29 million at the end of the previous reported quarter. Rare Infrastructure Ltd who had been investing in Edison Intl for a number of months, seems to be less bullish one the $19.34B market cap company. The stock decreased 0.55% or $0.33 during the last trading session, reaching $59.37. About 1.67M shares traded. Edison International (NYSE:EIX) has risen 2.16% since June 1, 2018 and is uptrending. It has underperformed by 2.21% the S&P500. Some Historical EIX News: 10/05/2018 – Potomac Edison’s 2018 Tree Trimming Program Underway; 30/05/2018 – The Equity Research Company Edison Publishes an Initiation of Coverage Report on ASIT Biotech; 18/04/2018 – Cal EMA Spills: SPILL Report – So CA Edison – 04/18/2018 05:46 PM; 10/04/2018 – EDISON CEO CONFIDENT FIRE LIABILITY ISSUE WILL BE RESOLVED; 23/04/2018 – S&P REVISES METROPOLITAN EDISON CO. OUTLOOK TO ‘POSITIVE’ FROM ‘STABLE’; RATING ‘BBB-‘; 12/03/2018 – Cal EMA Spills: SPILL Report – Southern CA Edison – 03/12/2018 07:35 PM; 11/04/2018 – MOODY’S CHANGES EDISON INTL OUTLOOKS TO NEGATIVE FROM STABLE; 03/04/2018 – Cal EMA Spills: SPILL Report – Southern California Edison – 04/03/2018 05:06 PM; 24/05/2018 – MINERVA NAMES EDISON TICLE AS CFO; 23/04/2018 – S&P REVISES OHIO EDISON FINANCING TRUST OUTLOOK TO ‘POSITIVE’ FROM ‘STABLE’; RATING ‘BBB-‘

Investors sentiment decreased to 0.59 in Q4 2018. Its down 0.32, from 0.91 in 2018Q3. It is negative, as 129 investors sold IBM shares while 678 reduced holdings. 121 funds opened positions while 353 raised stakes. 523.62 million shares or 6.28% more from 492.69 million shares in 2018Q3 were reported. Fukoku Mutual Life Commerce, Japan-based fund reported 3,390 shares. Ironwood Invest Counsel Ltd Liability Company has invested 1.08% in International Business Machines Corporation (NYSE:IBM). Rnc Management Llc has invested 0.02% in International Business Machines Corporation (NYSE:IBM). Lifeplan Group Inc reported 28 shares. Coastline Tru has 7,788 shares. 66,003 are owned by Segall Bryant And Hamill Ltd Liability Co. Oakbrook Limited Liability Co reported 7,901 shares. M Holding Securities has invested 0.22% of its portfolio in International Business Machines Corporation (NYSE:IBM). Federated Investors Pa reported 124,043 shares. Asset Inc accumulated 310,463 shares. Riggs Asset Managment Com holds 0.1% or 1,228 shares. Fiduciary Trust owns 0.33% invested in International Business Machines Corporation (NYSE:IBM) for 95,160 shares. Signaturefd Ltd Com reported 9,451 shares. Willingdon Wealth Mgmt has 36,565 shares for 1.2% of their portfolio. Warren Averett Asset Mgmt Limited Liability Company, Alabama-based fund reported 2,988 shares.

Summit Securities Group Llc, which manages about $1.15B US Long portfolio, upped its stake in Blackstone Group LP (NYSE:BX) by 48,588 shares to 49,230 shares, valued at $1.47M in 2018Q4, according to the filing. It also increased its holding in Enterprise Prods Partners L (NYSE:EPD) by 19,500 shares in the quarter, for a total of 36,400 shares, and has risen its stake in United Technologies Corp (Call) (NYSE:UTX).

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Investorideas.com which released: “Investorideas.com Newswire – The AI Eye: IBM (NYSE:IBM) Expands “New Collar” to Ready France for Digital Economy, Accenture (NYSE:ACN) Introduces INTIENT Platform and NICE (NasdaqGS:NICE) Announces Smart Digital Conversations – InvestorIdeas.com” on May 16, 2019, also Seekingalpha.com with their article: “IBM launches $20B debt offering – Seeking Alpha” published on May 08, 2019, Streetinsider.com published: “IBM (IBM) Watson Health Highlights New Data Demonstrating Real-World Progress of AI in Oncology at ASCO 2019 Meetings – StreetInsider.com” on May 31, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Fool.com and their article: “Why Microsoft Wants to Understand Your Voice – Motley Fool” published on June 01, 2019 as well as Fool.com‘s news article titled: “Better Buy: Berkshire Hathaway vs. IBM – Motley Fool” with publication date: May 30, 2019.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on July, 17. They expect $3.06 earnings per share, down 0.65% or $0.02 from last year’s $3.08 per share. IBM’s profit will be $2.71B for 10.38 P/E if the $3.06 EPS becomes a reality. After $2.25 actual earnings per share reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 36.00% EPS growth.

Analysts await Edison International (NYSE:EIX) to report earnings on July, 25. They expect $0.86 EPS, up 2.38% or $0.02 from last year’s $0.84 per share. EIX’s profit will be $280.19 million for 17.26 P/E if the $0.86 EPS becomes a reality. After $0.63 actual EPS reported by Edison International for the previous quarter, Wall Street now forecasts 36.51% EPS growth.

Investors sentiment decreased to 0.95 in Q4 2018. Its down 0.14, from 1.09 in 2018Q3. It worsened, as 50 investors sold EIX shares while 164 reduced holdings. 64 funds opened positions while 139 raised stakes. 268.73 million shares or 1.96% more from 263.57 million shares in 2018Q3 were reported. Rare stated it has 4.68% of its portfolio in Edison International (NYSE:EIX). Manchester Mngmt Lc stated it has 0.01% of its portfolio in Edison International (NYSE:EIX). Brookstone Capital Management accumulated 0.03% or 6,793 shares. Massachusetts Services Ma holds 0.03% in Edison International (NYSE:EIX) or 1.16M shares. Mariner Lc reported 0.01% in Edison International (NYSE:EIX). Jarislowsky Fraser Limited has 5,600 shares. Karp Cap Mgmt Corp stated it has 560 shares or 0.02% of all its holdings. Moreover, Private Asset Mgmt Incorporated has 0.07% invested in Edison International (NYSE:EIX). Lawson Kroeker Mngmt Ne has invested 0.18% in Edison International (NYSE:EIX). Kentucky-based Kentucky Retirement System has invested 0.09% in Edison International (NYSE:EIX). Cap Fund Mgmt invested in 10,459 shares or 0.01% of the stock. Intrust Commercial Bank Na owns 3,978 shares. Invesco Ltd invested in 0.05% or 2.36M shares. New York-based Howe Rusling Inc has invested 1.03% in Edison International (NYSE:EIX). City Holdg Company invested 0.01% of its portfolio in Edison International (NYSE:EIX).

Edison International (NYSE:EIX) Institutional Positions Chart

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