Crypto ATM Chain Coinme Collects $1.5M from Ripple Xpring and Blockchain Finance Fund

One of the global leaders in cryptocurrency ATM manufacturer, Coinme, … secured $1.5 million from Ripple’s Xpring and Blockchain Finance Fund.
Coinme crypto ATM

One of the global leaders in cryptocurrency ATM manufacturer, Coinme, has recently kick-started its new A-1 funding round to accelerate global expansion. The interesting thing is that the company has successfully secured $1.5 million from Ripple’s Xpring and Blockchain Finance Fund.

Founded in 2014, Coinme is a leading blockchain financial services provider which aims to make cryptocurrencies prevalent across the globe with crypto ATMs. It became the first state-licensed Bitcoin ATM company in the U.S. and now operates the largest Bitcoin kiosk network in the world through the partnership with Coinstar.

The company is building a vertically-integrated network of cryptocurrency ATMs, crypto wallet, and other payment services using crypto to facilitate the client with an easy, secure and efficient medium-of-exchange and store-of-value.

After its inception, the company has been growing continuously and today operates one of the largest crypto ATM networks in the United States. To expand the services and accomplish its goal the firm has recently announced a new funding round and got fresh investment worth $1.5 million from Ripple’s Xpring and the newly established Blockchain Finance Fund.

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Xpring is Ripple’s investment and development arm which focuses on investments in companies deeply associated with blockchain technology. It will be Xpring’s first investment in the digital currency kiosk industry.

Neil Bergquist, co-founder, and CEO of Coinme said:

“We are bolstered by this vote of confidence by Ripple and Blockchain Finance Fund in our vision and the exciting opportunity to provide access to digital currencies for millions of people around the world.”

Coinme has been developing a platform that accelerates the growth of digital currency economy. “We can now bring that infrastructure to a global audience,” Bergquist added.

Coinme is planning to utilize the capital from the funding round to expand its services across the United States. The company may also acquire additional licenses to take its business in the key international market. The capital might also be used in the development of other key features in its integrated online wallet to facilitate seamless crypto transactions.

Appreciating Coinme’s initiative to bring the crypto forth for everyone to access its mainstream applications and use them for payments and cash-based remittances, Ripple’s vice president Ethan Beard said that the firm is excited to partner with Coinme. He stated:

“At Xpring, we support mission-driven companies that have the potential to transform money. The Coinme team brings a perfect blend of experience to tackle this mission, and we’re excited to partner with them.”

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Pulling Back the Curtain on Finisar Corporation (NasdaqGS:FNSR) Shares

The ERP5 of Finisar Corporation (NasdaqGS:FNSR) is 11083. The lower the ERP5 rank, the more undervalued a company is thought to be.

The ERP5 Rank is an investment tool that analysts use to discover undervalued companies. The ERP5 looks at the Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC. The ERP5 of Finisar Corporation (NasdaqGS:FNSR) is 11083. The lower the ERP5 rank, the more undervalued a company is thought to be.

Successful investors have typically created a diversified portfolio that has included proper risk analysis and is designed to withstand various market environments. Once the portfolio is set up, investors can work on managing the portfolio for the long-term. Every investor may have a different set of personal goals and expectations for what they intend to get from the market in terms of returns. Expecting too much from the market can often times leave the investor disappointed. Although many people will try to predict returns with pinpoint accuracy, nobody can say for sure what the market will provide. Keeping expectations realistic can help the individual investor better set themselves up for achieving those goals in the future.

FCF Yield 5yr Avg

The FCF Yield 5yr Average is calculated by taking the five year average free cash flow of a company, and dividing it by the current enterprise value. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The average FCF of a company is determined by looking at the cash generated by operations of the company. The Free Cash Flow Yield 5 Year Average of Finisar Corporation (NasdaqGS:FNSR) is 0.002939.

Technicals & Ratios

The EBITDA Yield is a great way to determine a company’s profitability. This number is calculated by dividing a company’s earnings before interest, taxes, depreciation and amortization by the company’s enterprise value. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The EBITDA Yield for Finisar Corporation (NasdaqGS:FNSR) is 0.034182.

The Earnings to Price yield of Finisar Corporation (NasdaqGS:FNSR) is -0.01574. This is calculated by taking the earnings per share and dividing it by the last closing share price. This is one of the most popular methods investors use to evaluate a company’s financial performance. Earnings Yield is calculated by taking the operating income or earnings before interest and taxes (EBIT) and dividing it by the Enterprise Value of the company. The Earnings Yield for Finisar Corporation (NasdaqGS:FNSR) is -0.005696.

Earnings Yield helps investors measure the return on investment for a given company. Similarly, the Earnings Yield Five Year Average is the five year average operating income or EBIT divided by the current enterprise value. The Earnings Yield Five Year average for Finisar Corporation is 0.031408.

Q.i. Value

The Q.i. Value of Finisar Corporation (NasdaqGS:FNSR) is 59. The Q.i. Value is another helpful tool in determining if a company is undervalued or not. The Q.i. Value is calculated using the following ratios: EBITDA Yield, Earnings Yield, FCF Yield, and Liquidity. The lower the Q.i. value, the more undervalued the company is thought to be.

Quant Scores

The M-Score, conceived by accounting professor Messod Beneish, is a model for detecting whether a company has manipulated their earnings numbers or not. Finisar Corporation (NasdaqGS:FNSR) has an M-Score of -2.759796. The M-Score is based on 8 different variables: Days’ sales in receivables index, Gross Margin Index, Asset Quality Index, Sales Growth Index, Depreciation Index, Sales, General and Administrative expenses Index, Leverage Index and Total Accruals to Total Assets. A score higher than -1.78 is an indicator that the company might be manipulating their numbers.

The Value Composite One (VC1) is a method that investors use to determine a company’s value. The VC1 of Finisar Corporation (NasdaqGS:FNSR) is 56. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings. Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield. The Value Composite Two of Finisar Corporation (NasdaqGS:FNSR) is 63.

Investors may be interested in viewing the Gross Margin score on shares of Finisar Corporation (NasdaqGS:FNSR). The name currently has a score of 38. This score is derived from the Gross Margin (Marx) stability and growth over the previous eight years. The Gross Margin score lands on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative.

At the time of writing, Finisar Corporation (NasdaqGS:FNSR) has a Piotroski F-Score of 6. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. A single point is assigned to each test that a stock passes. Typically, a stock scoring an 8 or 9 would be seen as strong. On the other end, a stock with a score from 0-2 would be viewed as weak.

For investors just starting out, having clear investment goals can be a big asset when approaching the stock market. If individuals can’t see clearly where they want to go, they may end up somewhere that they don’t necessarily want to be. Taking the time to actually develop a plan and goals can help get the ball rolling. Keeping these goals in mind as the investment process progresses may help the investor stay on track when the ride gets rough. The stock market can be an intimidating place for those who are new to the investing world. Accumulating knowledge and staying focused can help the investor slowly peel away the layers of uncertainty.

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HP Inc. (NYSE:HPQ) Shares Sold by BlackRock Inc.

AQR Capital Management LLC grew its holdings in HP by 44.2% in the first quarter. AQR Capital Management LLC now owns 18,796,913 shares of …

HP logoBlackRock Inc. lowered its holdings in shares of HP Inc. (NYSE:HPQ) by 4.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 99,715,046 shares of the computer maker’s stock after selling 4,705,003 shares during the period. BlackRock Inc. owned about 6.62% of HP worth $2,073,077,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in HPQ. FMR LLC raised its position in shares of HP by 1.6% in the first quarter. FMR LLC now owns 20,390,859 shares of the computer maker’s stock valued at $396,194,000 after buying an additional 313,469 shares during the last quarter. Geode Capital Management LLC grew its holdings in HP by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 20,246,617 shares of the computer maker’s stock valued at $413,637,000 after purchasing an additional 385,515 shares during the period. AQR Capital Management LLC grew its holdings in HP by 44.2% in the first quarter. AQR Capital Management LLC now owns 18,796,913 shares of the computer maker’s stock valued at $362,686,000 after purchasing an additional 5,761,703 shares during the period. LSV Asset Management grew its holdings in HP by 8.1% in the first quarter. LSV Asset Management now owns 16,092,374 shares of the computer maker’s stock valued at $312,674,000 after purchasing an additional 1,199,670 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ grew its holdings in HP by 2.1% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 11,469,669 shares of the computer maker’s stock valued at $238,454,000 after purchasing an additional 240,758 shares during the period. Institutional investors own 79.81% of the company’s stock.

A number of research firms recently issued reports on HPQ. Evercore ISI began coverage on shares of HP in a report on Wednesday, June 5th. They issued an “outperform” rating and a $23.00 target price for the company. Sanford C. Bernstein downgraded shares of HP from an “outperform” rating to a “market perform” rating and set a $20.00 target price for the company. in a report on Monday, September 9th. Citigroup set a $20.00 target price on shares of HP and gave the company a “hold” rating in a report on Friday, August 23rd. Barclays lowered their target price on shares of HP from $21.00 to $20.00 and set an “equal weight” rating for the company in a report on Friday, August 23rd. Finally, UBS Group lowered their target price on shares of HP from $28.00 to $26.00 and set a “buy” rating for the company in a report on Friday, August 23rd. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $22.07.

HPQ opened at $19.08 on Friday. The company has a market cap of $27.79 billion, a P/E ratio of 8.64, a P/E/G ratio of 2.64 and a beta of 1.43. The company has a 50 day moving average of $19.26 and a two-hundred day moving average of $19.85. HP Inc. has a 52-week low of $17.10 and a 52-week high of $27.08.

HP (NYSE:HPQ) last announced its earnings results on Thursday, August 22nd. The computer maker reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.03. The business had revenue of $14.60 billion during the quarter, compared to the consensus estimate of $14.58 billion. HP had a net margin of 7.18% and a negative return on equity of 265.02%. The business’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.52 earnings per share. As a group, equities research analysts anticipate that HP Inc. will post 2.21 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 11th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $0.64 annualized dividend and a dividend yield of 3.35%. HP’s dividend payout ratio (DPR) is presently 31.68%.

In other news, insider Dion J. Weisler sold 437,171 shares of the company’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $18.01, for a total value of $7,873,449.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Claire Bramley sold 16,852 shares of the company’s stock in a transaction on Wednesday, June 26th. The shares were sold at an average price of $20.81, for a total transaction of $350,690.12. Following the completion of the transaction, the insider now owns 16,852 shares of the company’s stock, valued at $350,690.12. The disclosure for this sale can be found here. Insiders sold 606,987 shares of company stock valued at $11,420,336 over the last 90 days. Insiders own 0.25% of the company’s stock.

About HP

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.

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Want to see what other hedge funds are holding HPQ?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HP Inc. (NYSE:HPQ).

Institutional Ownership by Quarter for HP (NYSE:HPQ)

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As 3M Co (MMM) Share Value Declined, Holder Delta Asset Management Lifted Its Stake; Charles …

… FOR CEO COMPENSATION – SEC FILING; 04/04/2018 – 3M Selects C3 IoT As Strategic Al Software Platform; 24/04/2018 – 3M 1Q Adj EPS $2.50.

3M Company (NYSE:MMM) Logo

Delta Asset Management Llc increased its stake in 3M Co (MMM) by 3.59% based on its latest 2019Q2 regulatory filing with the SEC. Delta Asset Management Llc bought 5,322 shares as the company’s stock declined 6.10% . The institutional investor held 153,449 shares of the medical and dental instruments company at the end of 2019Q2, valued at $26.60M, up from 148,127 at the end of the previous reported quarter. Delta Asset Management Llc who had been investing in 3M Co for a number of months, seems to be bullish on the $98.17B market cap company. The stock increased 0.50% or $0.86 during the last trading session, reaching $171.44. About 2.35M shares traded. 3M Company (NYSE:MMM) has declined 14.82% since September 15, 2018 and is downtrending. It has underperformed by 14.82% the S&P500. Some Historical MMM News: 23/04/2018 – Orthodontic Supplies Market to Hit 8.9% CAGR to 2023, Led by Align Technology, Inc. (US), 3M Company (US), and Danaher; 05/03/2018 – 3M NAMES MICHAEL ROMAN CEO REPORTS NEW LEADERSHIP APPOINTMENTS; 16/05/2018 – Amphenol Corporation vs 3M Innovative Properties Company | Terminated-Settled | 05/16/2018; 21/05/2018 – ALJ REGIONAL HOLDINGS INC – REAFFIRMS GUIDANCE RANGE FOR FULL FISCAL YEAR ENDING SEPT 30, 2018 – SEC FILING; 09/03/2018 – FDA: 3M Company – Health Care Business- ACE (TM) BRAND, DELUXE ANKLE BRACE, 207736, UPC 0 51131 20387 7; 04/04/2018 – 3M Announces New Leadership Appointment; 25/05/2018 – Hartford Value HLS Adds US Foods Holding, Exits 3M Co; 09/05/2018 – 3M CO – STOCKHOLDERS DID NOT APPROVE STOCKHOLDER PROPOSAL ON SETTING TARGET AMOUNTS FOR CEO COMPENSATION – SEC FILING; 04/04/2018 – 3M Selects C3 IoT As Strategic Al Software Platform; 24/04/2018 – 3M 1Q Adj EPS $2.50

Enterprise Financial Services Corp decreased its stake in Charles Sch (Call) (SCHW) by 99.81% based on its latest 2019Q2 regulatory filing with the SEC. Enterprise Financial Services Corp sold 3,614 shares as the company’s stock declined 5.14% . The institutional investor held 7 shares of the investment bankers and brokers and service company at the end of 2019Q2, valued at $1,000, down from 3,621 at the end of the previous reported quarter. Enterprise Financial Services Corp who had been investing in Charles Sch (Call) for a number of months, seems to be less bullish one the $57.02 billion market cap company. The stock increased 1.28% or $0.55 during the last trading session, reaching $43.62. About 6.55 million shares traded. The Charles Schwab Corporation (NYSE:SCHW) has declined 15.78% since September 15, 2018 and is downtrending. It has underperformed by 15.78% the S&P500. Some Historical SCHW News: 25/04/2018 – Taking Charles Schwab to Europe ‘Unlikely,’ CEO Says (Video); 15/05/2018 – Most Americans Don’t Have a Financial Plan, and Many Think Their Wealth Doesn’t Deserve One; 16/04/2018 – Schwab Reports Record Quarterly Net Income of $783 Million, Up 39%; 24/04/2018 – Schwab Intelligent Advisory™ Named Winner of a Celent 2018 Model Wealth Manager Award; 25/04/2018 – Charles Schwab CEO Sees Competition Among Traders, Indexes, and Advice Side (Video); 14/03/2018 – CHARLES SCHWAB CORP – TOTAL CLIENT ASSETS WERE $3.33 TRILLION AS OF MONTH-END FEBRUARY, UP 15% FROM FEBRUARY 2017; 19/03/2018 – Schwab US Broad Market ETF Closes Below 50-D-MA: Technicals; 25/05/2018 – Schwab International Equity ETF Goes Below 50-D-MA: Technicals; 12/04/2018 – Schwab U.S. REIT ETF Closes Below 50-Day Average: Technicals; 23/03/2018 – Schwab Intermediate-Term U.S. Treasury ETF Closes Above 50D-MA

Investors sentiment decreased to 0.86 in 2019 Q2. Its down 0.12, from 0.98 in 2019Q1. It worsened, as 82 investors sold MMM shares while 561 reduced holdings. 112 funds opened positions while 440 raised stakes. 375.71 million shares or 0.03% less from 375.82 million shares in 2019Q1 were reported. 342,801 were reported by Fifth Third Comml Bank. Riggs Asset Managment invested 0.01% of its portfolio in 3M Company (NYSE:MMM). Diker Ltd Liability Corporation stated it has 3,935 shares. Winfield Inc invested in 0.55% or 6,102 shares. Findlay Park Prtn Llp accumulated 412,668 shares or 0.64% of the stock. Highstreet Asset Management reported 198,374 shares or 1.66% of all its holdings. Voloridge Inv Mngmt Limited holds 0.45% or 93,240 shares in its portfolio. Moreover, Cibc Asset has 0.05% invested in 3M Company (NYSE:MMM). Keybank Natl Association Oh stated it has 0.77% in 3M Company (NYSE:MMM). Umb Fincl Bank N A Mo holds 52,365 shares or 0.22% of its portfolio. Cincinnati Specialty Underwriters Insur Company has invested 4.29% in 3M Company (NYSE:MMM). Federated Inc Pa stated it has 17,328 shares or 0.01% of all its holdings. Mirae Asset Invs Comm Ltd has invested 0.03% of its portfolio in 3M Company (NYSE:MMM). Wills Grp holds 1.09% or 9,669 shares in its portfolio. Bollard Grp Ltd Liability Co reported 0.25% stake.

Since May 9, 2019, it had 1 insider purchase, and 0 sales for $176,260 activity.

More notable recent 3M Company (NYSE:MMM) news were published by: Digitaljournal.com which released: “NYSE:MMM Shareholder Notice: Lawsuit Alleges Misleading Statements by 3M Company – Press Release – Digital Journal” on August 20, 2019, also Globenewswire.com with their article: “SHAREHOLDER ALERT: MMM CTST GTT CAH: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines – GlobeNewswire” published on September 05, 2019, Finance.Yahoo.com published: “Why Is 3M (MMM) Down 12.5% Since Last Earnings Report? – Yahoo Finance” on August 24, 2019. More interesting news about 3M Company (NYSE:MMM) were released by: Globenewswire.com and their article: “CLASS ACTION UPDATE for MMM, EROS, LB and NGHC: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire” published on August 20, 2019 as well as Globenewswire.com‘s news article titled: “CLASS ACTION UPDATE for MMM, LB, CAH and PS: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire” with publication date: September 03, 2019.

Since May 3, 2019, it had 2 insider purchases, and 0 selling transactions for $215,617 activity. Ruffel Charles A. bought $115,250 worth of stock.

Analysts await The Charles Schwab Corporation (NYSE:SCHW) to report earnings on October, 21. They expect $0.67 earnings per share, up 3.08% or $0.02 from last year’s $0.65 per share. SCHW’s profit will be $875.81 million for 16.28 P/E if the $0.67 EPS becomes a reality. After $0.66 actual earnings per share reported by The Charles Schwab Corporation for the previous quarter, Wall Street now forecasts 1.52% EPS growth.

More notable recent The Charles Schwab Corporation (NYSE:SCHW) news were published by: Finance.Yahoo.com which released: “Does Charles Schwab (NYSE:SCHW) Deserve A Spot On Your Watchlist? – Yahoo Finance” on August 26, 2019, also Finance.Yahoo.com with their article: “What Should You Know About The Charles Schwab Corporation’s (NYSE:SCHW) Growth? – Yahoo Finance” published on May 30, 2019, Finance.Yahoo.com published: “Does Charles Schwab’s (NYSE:SCHW) Share Price Gain of 74% Match Its Business Performance? – Yahoo Finance” on May 03, 2019. More interesting news about The Charles Schwab Corporation (NYSE:SCHW) were released by: Seekingalpha.com and their article: “Wolfe goes bullish on Schwab – Seeking Alpha” published on September 03, 2019 as well as Finance.Yahoo.com‘s news article titled: “Should You Buy The Charles Schwab Corporation (NYSE:SCHW) For Its Upcoming Dividend In 4 Days? – Yahoo Finance” with publication date: August 03, 2019.

Investors sentiment decreased to 1.25 in 2019 Q2. Its down 0.43, from 1.68 in 2019Q1. It dived, as 47 investors sold SCHW shares while 286 reduced holdings. 105 funds opened positions while 311 raised stakes. 995.17 million shares or 2.31% less from 1.02 billion shares in 2019Q1 were reported. 70,881 are owned by Spinnaker Trust. Chilton Mngmt Lc invested 0.79% in The Charles Schwab Corporation (NYSE:SCHW). Public Employees Retirement Association Of Colorado has 0.38% invested in The Charles Schwab Corporation (NYSE:SCHW). Metropolitan Life New York reported 237,560 shares. Wellington Management Limited Liability Partnership has 0.05% invested in The Charles Schwab Corporation (NYSE:SCHW) for 5.79 million shares. Geode Capital Limited Liability holds 0.15% or 15.02M shares in its portfolio. 11,187 are owned by Oak Ridge Ltd Com. University Of Notre Dame Du Lac stated it has 202,700 shares. Bb&T Securities Ltd Liability Co owns 378,627 shares. Essex Investment Mngmt Lc reported 0.21% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Jacobs & Communication Ca reported 137,837 shares stake. Moreover, Legal General Public Limited Liability Company has 0.15% invested in The Charles Schwab Corporation (NYSE:SCHW) for 7.05M shares. New York-based M&R Capital Mgmt has invested 0.01% in The Charles Schwab Corporation (NYSE:SCHW). Royal State Bank Of Canada invested 0.06% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Cibc Ww Corporation invested in 443,382 shares.

The Charles Schwab Corporation (NYSE:SCHW) Institutional Positions Chart

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Edison International (EIX) Market Value Rose While Centre Asset Management LLC Has Trimmed …

Bridgewater Associates Lp has 0.01% invested in Edison International (NYSE:EIX). Tobam reported 633,043 shares. Community Fincl Bank Na has …

Edison International (NYSE:EIX) LogoInvestors sentiment decreased to 0.98 in Q2 2019. Its down 0.12, from 1.1 in 2019Q1. It dropped, as 44 investors sold EIX shares while 167 reduced holdings. 67 funds opened positions while 139 raised stakes. 268.68 million shares or 2.04% more from 263.31 million shares in 2019Q1 were reported. Highstreet Asset Mngmt owns 39,065 shares. Ny State Common Retirement Fund holds 805,381 shares or 0.07% of its portfolio. Bridgewater Associates Lp has 0.01% invested in Edison International (NYSE:EIX). Tobam reported 633,043 shares. Community Fincl Bank Na has 1,597 shares for 0.02% of their portfolio. The Mississippi-based Trustmark Commercial Bank Tru Department has invested 0% in Edison International (NYSE:EIX). Amica Retiree Medical Trust holds 3,165 shares or 0.17% of its portfolio. Manchester Capital Management Ltd Liability Com has invested 0.01% in Edison International (NYSE:EIX). Kornitzer Cap Management Inc Ks reported 13,950 shares. City Hldg stated it has 690 shares or 0.01% of all its holdings. South Dakota Invest Council holds 0.03% or 18,131 shares. Carroll Financial Assoc holds 0% or 74 shares. Whittier Tru reported 4,284 shares stake. Aqr Lc reported 553,028 shares or 0.04% of all its holdings. Andra Ap, a Alabama-based fund reported 102,900 shares.

Centre Asset Management Llc decreased its stake in Edison International (EIX) by 95.53% based on its latest 2019Q2 regulatory filing with the SEC. Centre Asset Management Llc sold 90,220 shares as the company’s stock rose 23.64% . The institutional investor held 4,220 shares of the central company at the end of 2019Q2, valued at $284,000, down from 94,440 at the end of the previous reported quarter. Centre Asset Management Llc who had been investing in Edison International for a number of months, seems to be less bullish one the $25.76B market cap company. The stock decreased 0.84% or $0.61 during the last trading session, reaching $71.93. About 1.13M shares traded. Edison International (NYSE:EIX) has risen 13.49% since September 15, 2018 and is uptrending. It has outperformed by 13.49% the S&P500.

Analysts await Edison International (NYSE:EIX) to report earnings on October, 29. They expect $1.59 earnings per share, up 1.92 % or $0.03 from last year’s $1.56 per share. EIX’s profit will be $569.35M for 11.31 P/E if the $1.59 EPS becomes a reality. After $1.58 actual earnings per share reported by Edison International for the previous quarter, Wall Street now forecasts 0.63 % EPS growth.

More notable recent Edison International (NYSE:EIX) news were published by: Seekingalpha.com which released: “Edison Q2 2019 Earnings Preview – Seeking Alpha” on July 24, 2019, also Finance.Yahoo.com with their article: “Is Edison International (EIX) A Good Stock To Buy? – Yahoo Finance” published on June 20, 2019, Finance.Yahoo.com published: “Does Edison International (NYSE:EIX) Have A Place In Your Dividend Stock Portfolio? – Yahoo Finance” on June 26, 2019. More interesting news about Edison International (NYSE:EIX) were released by: Seekingalpha.com and their article: “Edison International: Wildfires Act As Headwinds – Seeking Alpha” published on May 28, 2019 as well as Finance.Yahoo.com‘s news article titled: “Could The Edison International (NYSE:EIX) Ownership Structure Tell Us Something Useful? – Yahoo Finance” with publication date: May 21, 2019.

Edison International (NYSE:EIX) Ratings Coverage

Among 6 analysts covering Edison International (NYSE:EIX), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Edison International has $8700 highest and $6500 lowest target. $74’s average target is 2.88% above currents $71.93 stock price. Edison International had 12 analyst reports since March 20, 2019 according to SRatingsIntel. The stock of Edison International (NYSE:EIX) has “Equal-Weight” rating given on Wednesday, September 4 by Barclays Capital. Barclays Capital maintained Edison International (NYSE:EIX) on Wednesday, March 20 with “Hold” rating. The firm has “Market Perform” rating given on Wednesday, May 29 by Wells Fargo. The stock of Edison International (NYSE:EIX) has “Market Perform” rating given on Monday, April 15 by Wells Fargo. UBS upgraded the shares of EIX in report on Tuesday, June 4 to “Buy” rating. The rating was maintained by Mizuho on Tuesday, June 25 with “Buy”. Morgan Stanley maintained it with “Equal-Weight” rating and $8400 target in Thursday, May 16 report. The firm earned “Buy” rating on Monday, August 12 by SunTrust. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, June 14 report. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, August 16 report.

Edison International (NYSE:EIX) Institutional Positions Chart

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