Consolidated Edison (ED) Shareholder Shell Asset Management Co Has Increased Stake; Malaga Cove Capital Maintains Position in Viper Energy Partners LP (VNOM)

February 15, 2018 - By Clifton Ray

Malaga Cove Capital Llc increased its stake in Viper Energy Partners Lp (VNOM) by 81.64% based on its latest 2017Q3 regulatory filing with the SEC. Malaga Cove Capital Llc bought 53,114 shares as the company’s stock rose 2.39% with the market. The institutional investor held 118,174 shares of the oil & gas production company at the end of 2017Q3, valued at $2.20M, up from 65,060 at the end of the previous reported quarter. Malaga Cove Capital Llc who had been investing in Viper Energy Partners Lp for a number of months, seems to be bullish on the $2.65 billion market cap company. The stock increased 0.96% or $0.22 during the last trading session, reaching $23.24. About 402,010 shares traded. Viper Energy Partners LP (NASDAQ:VNOM) has declined 0.22% since February 15, 2017 and is downtrending. It has underperformed by 16.92% the S&P500.




Shell Asset Management Co increased its stake in Consolidated Edison Inc (ED) by 142.52% based on its latest 2017Q3 regulatory filing with the SEC. Shell Asset Management Co bought 216,600 shares as the company’s stock rose 9.35% with the market. The institutional investor held 368,584 shares of the power generation company at the end of 2017Q3, valued at $20.88 million, up from 151,984 at the end of the previous reported quarter. Shell Asset Management Co who had been investing in Consolidated Edison Inc for a number of months, seems to be bullish on the $23.82B market cap company. The stock increased 1.21% or $0.92 during the last trading session, reaching $76.81. About 1.22 million shares traded. Consolidated Edison, Inc. (NYSE:ED) has risen 11.89% since February 15, 2017 and is uptrending. It has underperformed by 4.81% the S&P500.

Among 17 analysts covering Con Edison (NYSE:ED), 1 have Buy rating, 6 Sell and 10 Hold. Therefore 6% are positive. Con Edison had 48 analyst reports since July 29, 2015 according to SRatingsIntel. Jefferies maintained it with “Hold” rating and $83.5000 target in Wednesday, July 19 report. The rating was initiated by Mizuho on Wednesday, July 29 with “Neutral”. Evercore downgraded the stock to “Underperform” rating in Tuesday, September 26 report. KeyBanc Capital Markets maintained Consolidated Edison, Inc. (NYSE:ED) on Wednesday, October 18 with “Hold” rating. The stock has “Sell” rating by J.P. Morgan on Friday, January 12. Deutsche Bank downgraded the shares of ED in report on Monday, April 18 to “Sell” rating. The stock of Consolidated Edison, Inc. (NYSE:ED) has “Sell” rating given on Friday, August 14 by UBS. Deutsche Bank maintained the stock with “Sell” rating in Monday, August 10 report. Jefferies upgraded the stock to “Buy” rating in Wednesday, September 14 report. The firm has “Hold” rating by Vetr given on Monday, August 10.

Since August 23, 2017, it had 19 insider buys, and 1 sale for $100,922 activity. $160,024 worth of Consolidated Edison, Inc. (NYSE:ED) was sold by OATES JOSEPH P. On Sunday, December 31 RESHESKE FRANCES bought $87 worth of Consolidated Edison, Inc. (NYSE:ED) or 1 shares. $4,007 worth of Consolidated Edison, Inc. (NYSE:ED) was bought by Moore Elizabeth D. Shukla Saumil P bought $3,832 worth of Consolidated Edison, Inc. (NYSE:ED) on Sunday, December 31. Shares for $2,021 were bought by Muccilo Robert. Nadkarni Gurudatta D also bought $2,102 worth of Consolidated Edison, Inc. (NYSE:ED) on Wednesday, January 31.

Shell Asset Management Co, which manages about $5.95B US Long portfolio, decreased its stake in Eog Res Inc (NYSE:EOG) by 9,201 shares to 83,013 shares, valued at $8.22M in 2017Q3, according to the filing. It also reduced its holding in Antero Res Corp (NYSE:AR) by 6,606 shares in the quarter, leaving it with 58,048 shares, and cut its stake in Schlumberger Ltd (NYSE:SLB).

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