Blackrock (BLK) Holder Heritage Investors Management Has Upped Position; Private Bank & Trust Co Holds Stake in Edison International (EIX)

June 19, 2018 - By whatsonthorold

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Heritage Investors Management Corp increased its stake in Blackrock Inc (BLK) by 2.85% based on its latest 2018Q1 regulatory filing with the SEC. Heritage Investors Management Corp bought 780 shares as the company’s stock declined 4.32% with the market. The institutional investor held 28,114 shares of the finance company at the end of 2018Q1, valued at $15.23 million, up from 27,334 at the end of the previous reported quarter. Heritage Investors Management Corp who had been investing in Blackrock Inc for a number of months, seems to be bullish on the $85.01 billion market cap company. The stock increased 0.58% or $3.02 during the last trading session, reaching $527.54. About 483,477 shares traded. BlackRock, Inc. (NYSE:BLK) has risen 32.79% since June 19, 2017 and is uptrending. It has outperformed by 20.22% the S&P500. Some Historical BLK News: 08/03/2018 – MarketAxess and BlackRock Expand Global Strategic Trading Alliance Into Asia; 30/05/2018 – BLACKROCK – INITIATIVES TO REDUCE POTENTIAL CONFLICTS OF INTEREST, RAISE INVESTOR TRANSPARENCY HAVE ACCELERATED ADOPTION OF FEE-BASED ADVISORY MODELS; 06/03/2018 – American Outdoor Brands Corporation Publishes Response to BlackRock lnquiries; 17/04/2018 – BlackRock Smaller Companies Trust Plc: Change in Investment Management Fee; 07/05/2018 – MEXICAN PRESIDENTIAL FRONTRUNNER LOPEZ OBRADOR HELD ”AFFABLE” MEETING WITH BLACKROCK CEO LARRY FINK ON MONDAY – CANDIDATE ADVISOR; 17/04/2018 – BlackRock World Mining Trust Plc: Research Update; 04/04/2018 – BlackRock’s Peter Hayes Is a Little Bit Cautious on High-Yield (Video); 15/03/2018 – BLACKROCK NAMES BILL FORD, PEGGY JOHNSON, MARK WILSON TO BOARD; 08/05/2018 – BLACKROCK REPORTS 3.4% STAKE IN BIGLARI HOLDINGS AS OF APRIL 30; 22/03/2018 – Blackrock Restates 2017 Revenue to $13.6 Billion From $12.49 Billion

Gregg J. Powers increased its stake in Edison International (EIX) by 145.97% based on its latest 2018Q1 regulatory filing with the SEC. Private Bank & Trust Co bought 5,662 shares as the company’s stock rose 2.21% while stock markets declined. The hedge fund run by Gregg J. Powers held 9,541 shares of the central company at the end of 2018Q1, valued at $607,000, up from 3,879 at the end of the previous reported quarter. Private Bank & Trust Co who had been investing in Edison International for a number of months, seems to be bullish on the $19.71B market cap company. The stock increased 0.08% or $0.05 during the last trading session, reaching $60.49. About 1.50 million shares traded. Edison International (NYSE:EIX) has declined 21.23% since June 19, 2017 and is downtrending. It has underperformed by 33.80% the S&P500. Some Historical EIX News: 07/05/2018 – Edison Opto Corp. Apr Rev NT$204.3M Vs NT$194.9M; 09/04/2018 – Edison Opto Corp. Mar Rev NT$217.8M Vs NT$303.9M; 07/05/2018 – Tetragon Financial Group Access Event Set By Edison for May. 14; 30/05/2018 – Moody’s Affirms Ratings of Ohio Edison, Cleveland Electric Illuminating and Toledo Edison; 10/05/2018 – Ohio Edison’s 2018 Tree Trimming Program Underway; 09/04/2018 – Secoo x Edison Chen will Release Limited Products, Fashion Brand Starts to Treasure Luxury E-Commerce; 12/04/2018 – Mazda’s Revolutionary SKYACTIV-X Engine Awarded ‘Gold’ at Edison Awards for Innovation Achievements; 30/04/2018 – Fidelity Select Utilities Adds Edison International; 23/04/2018 – Edison, PG&E Seek Mercy From Courts Over Doomsday Fire Payouts; 10/04/2018 – EDISON CEO CONFIDENT FIRE LIABILITY ISSUE WILL BE RESOLVED

Investors sentiment decreased to 0.99 in Q1 2018. Its down 0.20, from 1.19 in 2017Q4. It turned negative, as 51 investors sold BLK shares while 357 reduced holdings. 99 funds opened positions while 306 raised stakes. 129.75 million shares or 0.11% more from 129.61 million shares in 2017Q4 were reported. Lucas Cap Mgmt holds 0.2% or 388 shares in its portfolio. Wealthtrust holds 0.02% or 75 shares in its portfolio. Weik Cap Mgmt holds 0.15% or 576 shares in its portfolio. First Mercantile accumulated 3,058 shares. Oakwood Mngmt Lc Ca stated it has 15,355 shares. The Alabama-based Oakworth has invested 0.04% in BlackRock, Inc. (NYSE:BLK). Caprock holds 0.11% of its portfolio in BlackRock, Inc. (NYSE:BLK) for 941 shares. Trust Of Vermont reported 23,827 shares. Korea Inv Corporation reported 0.44% in BlackRock, Inc. (NYSE:BLK). Bkd Wealth Advisors Limited Liability Company holds 0.02% or 422 shares. Asset Corporation owns 17,970 shares. California-based Advisor Prns Limited Co has invested 0.24% in BlackRock, Inc. (NYSE:BLK). Renaissance Technologies Ltd Liability Corp holds 0.01% of its portfolio in BlackRock, Inc. (NYSE:BLK) for 14,000 shares. Old Natl Bancorp In holds 0.76% or 26,510 shares. 15,317 are owned by Adell Harriman & Carpenter Inc.

More notable recent BlackRock, Inc. (NYSE:BLK) news were published by: Seekingalpha.com which released: “BlackRock: Wait For A Better Price” on May 22, 2018, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: BlackRock, Chevron, Disney, Intel, Kinder Morgan, Zillow and More” published on June 18, 2018, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For June 18, 2018” on June 18, 2018. More interesting news about BlackRock, Inc. (NYSE:BLK) were released by: Seekingalpha.com and their article: “Recent Purchase: BlackRock” published on June 18, 2018 as well as Seekingalpha.com‘s news article titled: “ETF price wars: BlackRock slashes more fees” with publication date: June 05, 2018.

Heritage Investors Management Corp, which manages about $1.74B and $1.60B US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 16,452 shares to 417,108 shares, valued at $38.07 million in 2018Q1, according to the filing. It also reduced its holding in Cisco Systems Inc (NASDAQ:CSCO) by 29,741 shares in the quarter, leaving it with 729,942 shares, and cut its stake in Amgen Inc (NASDAQ:AMGN).

Among 18 analysts covering BlackRock (NYSE:BLK), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. BlackRock had 90 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of BlackRock, Inc. (NYSE:BLK) has “Buy” rating given on Friday, April 6 by Deutsche Bank. The stock of BlackRock, Inc. (NYSE:BLK) has “Buy” rating given on Thursday, March 17 by Deutsche Bank. Deutsche Bank maintained BlackRock, Inc. (NYSE:BLK) on Friday, January 8 with “Buy” rating. The stock of BlackRock, Inc. (NYSE:BLK) has “Overweight” rating given on Friday, September 8 by Barclays Capital. Keefe Bruyette & Woods maintained it with “Hold” rating and $41200 target in Friday, June 23 report. The firm earned “Outperform” rating on Thursday, October 15 by RBC Capital Markets. The rating was maintained by Deutsche Bank on Thursday, October 15 with “Buy”. Jefferies maintained BlackRock, Inc. (NYSE:BLK) on Tuesday, October 10 with “Hold” rating. Credit Suisse maintained BlackRock, Inc. (NYSE:BLK) rating on Thursday, April 5. Credit Suisse has “Buy” rating and $67800 target. The company was maintained on Friday, August 5 by Deutsche Bank.

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.32, from 1.25 in 2017Q4. It turned negative, as 63 investors sold EIX shares while 183 reduced holdings. 69 funds opened positions while 161 raised stakes. 260.97 million shares or 1.08% more from 258.17 million shares in 2017Q4 were reported. South Dakota Council holds 22,400 shares. Toronto Dominion Retail Bank invested 0.02% in Edison International (NYSE:EIX). Frontier Mgmt Comm Lc has invested 0% in Edison International (NYSE:EIX). First Mercantile Trust Co accumulated 13,383 shares. 1,666 were accumulated by Regions Corporation. 99,800 were reported by Andra Ap. Oakbrook Invests Ltd Com reported 0.05% in Edison International (NYSE:EIX). Reilly Fincl Advsr Limited Liability Company stated it has 0.06% of its portfolio in Edison International (NYSE:EIX). Wedge Capital L Lp Nc reported 182,306 shares. 2.26M were accumulated by Goldman Sachs Inc. 26,861 are owned by Bridgewater Associate L P. Pinebridge Invests LP invested in 0% or 1,258 shares. Cwm Ltd Com holds 932 shares or 0% of its portfolio. Zeke Capital Advsrs Ltd Liability Company has 0.11% invested in Edison International (NYSE:EIX). Mai Cap Mngmt holds 0.02% or 4,913 shares in its portfolio.

Among 21 analysts covering Edison (NYSE:EIX), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 52% are positive. Edison had 75 analyst reports since August 3, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Citigroup on Wednesday, July 20. The stock of Edison International (NYSE:EIX) earned “Buy” rating by RBC Capital Markets on Sunday, September 17. As per Friday, January 12, the company rating was initiated by J.P. Morgan. On Monday, February 12 the stock rating was maintained by SunTrust with “Buy”. The firm has “Neutral” rating given on Friday, June 1 by JP Morgan. The rating was maintained by SunTrust with “Buy” on Friday, February 23. The stock of Edison International (NYSE:EIX) earned “Outperform” rating by Wells Fargo on Monday, June 11. The firm has “Sell” rating given on Wednesday, December 27 by Edward Jones. Jefferies maintained it with “Hold” rating and $8300 target in Monday, June 12 report. The rating was downgraded by Evercore on Wednesday, October 28 to “Hold”.

Private Bank & Trust Co, which manages about $3.20 billion and $732.22 million US Long portfolio, decreased its stake in Vanguard (VGK) by 5,450 shares to 5,160 shares, valued at $300,000 in 2018Q1, according to the filing. It also reduced its holding in Jp Morgan Chase & Co (NYSE:JPM) by 10,741 shares in the quarter, leaving it with 37,019 shares, and cut its stake in Diageo Plc New Adr (NYSE:DEO).

Another recent and important Edison International (NYSE:EIX) news was published by Globenewswire.com which published an article titled: “Investor Expectations to Drive Momentum within Edison International, Capital One Financial, CF Industries, Moody’s …” on June 12, 2018.

Edison International (NYSE:EIX) Institutional Positions Chart

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