Park National Boosted By $302,064 Its Consolidated Edison (ED) Position; Delta Apparel (DLA) Has 2.08 Sentiment

May 16, 2018 - By Jerrie Dane

Delta Apparel Inc (DLA) investors sentiment increased to 2.08 in 2017 Q4. It’s up 1.08, from 1 in 2017Q3. The ratio has improved, as 27 active investment managers opened new and increased stock positions, while 13 decreased and sold their equity positions in Delta Apparel Inc. The active investment managers in our database now hold: 4.55 million shares, down from 4.66 million shares in 2017Q3. Also, the number of active investment managers holding Delta Apparel Inc in top ten stock positions was flat from 2 to 2 for the same number . Sold All: 3 Reduced: 10 Increased: 17 New Position: 10.

Park National Corp increased Consolidated Edison Inc (ED) stake by 15.77% reported in 2017Q4 SEC filing. Park National Corp acquired 3,596 shares as Consolidated Edison Inc (ED)’s stock declined 8.41%. The Park National Corp holds 26,393 shares with $2.24M value, up from 22,797 last quarter. Consolidated Edison Inc now has $23.27B valuation. The stock decreased 1.34% or $1.01 during the last trading session, reaching $74.9. About 1.72 million shares traded. Consolidated Edison, Inc. (NYSE:ED) has declined 1.18% since May 16, 2017 and is downtrending. It has underperformed by 12.73% the S&P500.

Park National Corp decreased Texas Instruments Inc (NASDAQ:TXN) stake by 12,055 shares to 77,664 valued at $8.11M in 2017Q4. It also reduced Jacobs Engineering Group Inc (NYSE:JEC) stake by 16,553 shares and now owns 73,756 shares. Wells Fargo & Co (New) (NYSE:WFC) was reduced too.

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. $76.89’s average target is 2.66% above currents $74.9 stock price. Con Edison had 51 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Consolidated Edison, Inc. (NYSE:ED) earned “Underperform” rating by Credit Suisse on Wednesday, January 25. RBC Capital Markets maintained Consolidated Edison, Inc. (NYSE:ED) rating on Sunday, August 27. RBC Capital Markets has “Hold” rating and $78.0 target. The firm earned “Sell” rating on Monday, May 8 by UBS. The rating was downgraded by Vetr on Monday, August 10 to “Hold”. Morgan Stanley maintained the shares of ED in report on Tuesday, February 13 with “Underweight” rating. RBC Capital Markets maintained the shares of ED in report on Thursday, February 1 with “Hold” rating. Deutsche Bank maintained Consolidated Edison, Inc. (NYSE:ED) on Monday, August 10 with “Sell” rating. BMO Capital Markets maintained Consolidated Edison, Inc. (NYSE:ED) rating on Monday, August 10. BMO Capital Markets has “Market Perform” rating and $66 target. Barclays Capital maintained Consolidated Edison, Inc. (NYSE:ED) on Wednesday, September 21 with “Equal-Weight” rating. The firm has “Hold” rating by RBC Capital Markets given on Sunday, November 5.

Since December 31, 2017, it had 45 insider buys, and 1 insider sale for $134,948 activity. $3,815 worth of Consolidated Edison, Inc. (NYSE:ED) was bought by Sanchez Robert on Saturday, March 31. Cawley Timothy also bought $4,094 worth of Consolidated Edison, Inc. (NYSE:ED) shares. Another trade for 76 shares valued at $6,620 was made by Muccilo Robert on Sunday, December 31. On Monday, April 30 the insider Nadkarni Gurudatta D bought $2,105. 54 shares were bought by Moore Elizabeth D, worth $4,120. OATES JOSEPH P had bought 7 shares worth $538. On Saturday, March 31 McAvoy John bought $4,577 worth of Consolidated Edison, Inc. (NYSE:ED) or 60 shares.

Investors sentiment decreased to 1.06 in 2017 Q4. Its down 0.02, from 1.08 in 2017Q3. It is negative, as 41 investors sold ED 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. Birinyi Associate invested in 0.26% or 6,935 shares. Fiduciary Tru holds 0.01% of its portfolio in Consolidated Edison, Inc. (NYSE:ED) for 3,459 shares. Hartford Mgmt owns 25 shares. Alexandria Llc owns 0.09% invested in Consolidated Edison, Inc. (NYSE:ED) for 7,404 shares. Raymond James Associate holds 141,273 shares. Advisory Ntwk owns 5,214 shares or 0.04% of their US portfolio. Tci Wealth Advsrs Inc holds 0.03% or 826 shares. Vanguard Group Inc Incorporated has invested 0.09% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Amundi Pioneer Asset Mgmt holds 0.08% of its portfolio in Consolidated Edison, Inc. (NYSE:ED) for 640,734 shares. Iberiabank Corp has 42,918 shares for 0.57% of their portfolio. M&T Bancorporation Corp holds 106,928 shares. Woodley Farra Manion Portfolio holds 54,115 shares. Macquarie Grp Inc Limited owns 109,600 shares. 3,000 were accumulated by Cullinan Associates. Prudential Public Limited Company invested 0.01% in Consolidated Edison, Inc. (NYSE:ED).

More recent Consolidated Edison, Inc. (NYSE:ED) news were published by: Seekingalpha.com which released: “Consolidated Edison Had A Solid First Quarter” on May 07, 2018. Also Globenewswire.com published the news titled: “Con Edison Reports 2018 First Quarter Earnings” on May 03, 2018. Globenewswire.com‘s news article titled: “Con Edison Declares Common Stock Dividend” with publication date: April 19, 2018 was also an interesting one.

The stock decreased 1.37% or $0.26 during the last trading session, reaching $18.74. About 17,489 shares traded. Delta Apparel, Inc. (DLA) has risen 6.05% since May 16, 2017 and is uptrending. It has underperformed by 5.50% the S&P500.

Analysts await Delta Apparel, Inc. (NYSEAMERICAN:DLA) to report earnings on August, 7. They expect $0.59 EPS, up 3.51% or $0.02 from last year’s $0.57 per share. DLA’s profit will be $4.21 million for 7.94 P/E if the $0.59 EPS becomes a reality. After $0.48 actual EPS reported by Delta Apparel, Inc. for the previous quarter, Wall Street now forecasts 22.92% EPS growth.

Delta Apparel, Inc. (NYSEAMERICAN:DLA) Institutional Positions Chart