An Insider Gurudatta Nadkarni Buys 91 shares of Consolidated Edison, Inc. (ED); Gillette Co Has 1.38 Sentiment

April 6, 2018 - By Jerrie Dane

Genpact Limited (NYSE:G) Logo

Sentiment for Gillette Co (G)

Gillette Co (G) investors sentiment decreased to 1.38 in Q4 2017. It’s down -0.34, from 1.72 in 2017Q3. The ratio dropped, as 119 funds opened new and increased stock positions, while 86 cut down and sold stock positions in Gillette Co. The funds in our database now have: 173.35 million shares, down from 174.78 million shares in 2017Q3. Also, the number of funds holding Gillette Co in top ten stock positions decreased from 5 to 4 for a decrease of 1. Sold All: 16 Reduced: 70 Increased: 77 New Position: 42.

The stock increased 1.51% or $0.48 during the last trading session, reaching $32.21. About 896,248 shares traded or 14.20% up from the average. Genpact Limited (G) has risen 29.74% since April 6, 2017 and is uptrending. It has outperformed by 18.19% the S&P500.

Analysts await Genpact Limited (NYSE:G) to report earnings on May, 3. They expect $0.33 EPS, up 13.79% or $0.04 from last year’s $0.29 per share. G’s profit will be $63.85 million for 24.40 P/E if the $0.33 EPS becomes a reality. After $0.38 actual EPS reported by Genpact Limited for the previous quarter, Wall Street now forecasts -13.16% negative EPS growth.

Genpact Limited provides business process outsourcing and information technology management services worldwide. The company has market cap of $6.23 billion. The firm offers finance and accounting services, including accounts payable comprising document management, invoice processing, approval, resolution management, and T&E processing; order to cash services, such as customer master data management, credit and contract management, fulfillment, billing, collections, and dispute management services; record to report services consisting of accounting, closing and reporting, treasury, tax, and product cost accounting services; enterprise performance management, including budgeting, forecasting, business performance reporting, and analytics; and enterprise risk and compliance services comprising SOX advisory, enterprise risk management, internal audit, FCPA, and IT risk management services. It has a 24.04 P/E ratio. It also provides analytics and research services; core industry operation services; business and enterprise risk consulting services; transformation services; and supply chain and procurement services, including direct and indirect strategic sourcing, category management, spend analytics, procurement operations, master data management, and other procurement and supply chain advisory services.

Bain Capital Investors Llc holds 28.55% of its portfolio in Genpact Limited for 40.54 million shares. Dalton Investments Llc owns 902,119 shares or 10.79% of their US portfolio. Moreover, Hahn Capital Management Llc has 3.12% invested in the company for 1.04 million shares. The North Carolina-based Global Endowment Management Lp has invested 2.69% in the stock. Hillman Co, a Pennsylvania-based fund reported 313,950 shares.

Analysts await Consolidated Edison, Inc. (NYSE:ED) to report earnings on May, 3. They expect $1.35 earnings per share, up 6.30% or $0.08 from last year’s $1.27 per share. ED’s profit will be $419.03 million for 14.61 P/E if the $1.35 EPS becomes a reality. After $0.80 actual earnings per share reported by Consolidated Edison, Inc. for the previous quarter, Wall Street now forecasts 68.75% EPS growth.

Since December 31, 2017, it had 27 insider buys, and 1 sale for $74,481 activity. OATES JOSEPH P bought $538 worth of stock or 7 shares. Shukla Saumil P also bought $3,832 worth of Consolidated Edison, Inc. (NYSE:ED) on Sunday, December 31. The insider Cawley Timothy bought 30 shares worth $2,306. Ivey Craig S had bought 1 shares worth $87. Another trade for 29 shares valued at $2,229 was made by Moore Elizabeth D on Wednesday, February 28. Muccilo Robert had bought 26 shares worth $1,998 on Wednesday, February 28. 30 shares were bought by Sanchez Robert, worth $2,306.

Investors sentiment decreased to 1.06 in Q4 2017. Its down 0.02, from 1.08 in 2017Q3. It fall, as 41 investors sold Consolidated Edison, Inc. shares while 213 reduced holdings. 63 funds opened positions while 207 raised stakes. 169.29 million shares or 0.15% less from 169.54 million shares in 2017Q3 were reported. Rockland Tru Co holds 57,893 shares or 0.63% of its portfolio. Spirit Of America Mgmt New York holds 7,790 shares. Fulton Bank Na accumulated 3,860 shares or 0.02% of the stock. Bp Public Limited Com stated it has 36,000 shares. Global X Management Llc invested in 120,716 shares or 0.23% of the stock. Dekabank Deutsche Girozentrale has 0.07% invested in Consolidated Edison, Inc. (NYSE:ED). First Quadrant L P Ca has 7,896 shares. Lipe And Dalton holds 0.07% or 1,179 shares in its portfolio. Japan-based Nomura has invested 0.01% in Consolidated Edison, Inc. (NYSE:ED). Towercrest Cap Mngmt reported 2,374 shares stake. Private Tru Company Na has 6,167 shares for 0.11% of their portfolio. Arvest Retail Bank Trust Division holds 0.02% or 2,543 shares. Barclays Public Ltd Company stated it has 0.05% in Consolidated Edison, Inc. (NYSE:ED). Opus Mngmt reported 0.48% in Consolidated Edison, Inc. (NYSE:ED). Cordasco Net reported 0.04% in Consolidated Edison, Inc. (NYSE:ED).

Consolidated Edison Inc VP – Strategic Planning Gurudatta Nadkarni on the April 5, 2018 acquired a total of 91 shares of the New York-based company worth roughly $6,942 U.S Dollars. This is calculated with average price per share of $76.3 U.S Dollars. He also bought 27 shares worth approximately $2,075 USD in the last 30 days. These insider shares were bought on April 05, 2018 and the filing that contains the public information, filed with the SEC can be found here. At present, Gurudatta Nadkarni possess 6,278 shares or 0.00% of Consolidated Edison Inc’s market cap.

Consolidated Edison, Inc., through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses in the United States. The company has market cap of $24.49 billion. The firm offers electric services to approximately 3.4 million clients in New York City and Westchester County; gas to approximately 1.1 million clients in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,649 clients in parts of Manhattan. It has a 15.97 P/E ratio. It also supplies electricity to approximately 0.3 million clients in southeastern New York, and northern New Jersey; and gas to approximately 0.1 million clients in southeastern New York.

The stock increased 0.79% or $0.62 during the last trading session, reaching $78.89. About 2.03M shares traded. Consolidated Edison, Inc. (NYSE:ED) has declined 1.18% since April 6, 2017 and is downtrending. It has underperformed by 12.73% 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 has $88.0 highest and $58 lowest target. $76.68’s average target is -2.80% below currents $78.89 stock price. Con Edison had 49 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Wednesday, September 21 by Barclays Capital. The company was maintained on Monday, August 10 by BMO Capital Markets. The firm earned “Sell” rating on Monday, August 10 by Deutsche Bank. Guggenheim maintained it with “Hold” rating and $88.0 target in Tuesday, January 2 report. On Friday, August 28 the stock rating was downgraded by Argus Research to “Buy”. The rating was maintained by Morgan Stanley on Tuesday, February 13 with “Underweight”. UBS maintained the stock with “Sell” rating in Monday, February 22 report. RBC Capital Markets maintained it with “Hold” rating and $7800 target in Sunday, July 23 report. Goldman Sachs maintained it with “Sell” rating and $70 target in Wednesday, September 14 report. Citigroup initiated the shares of ED in report on Friday, August 12 with “Neutral” rating.

Consolidated Edison, Inc. (NYSE:ED) Institutional Positions Chart