Gurudatta Nadkarni the VP – Strategic Planning of Consolidated Edison, Inc. (ED), Purchased 27 Shares of the Company; Algert Global Trimmed Nn (NNBR) Stake By $1.04 Million

Algert Global Llc decreased Nn Inc (NNBR) stake by 46.8% reported in 2017Q3 SEC filing. Algert Global Llc sold 37,047 shares as Nn Inc (NNBR)’s stock rose 37.50%. The Algert Global Llc holds 42,116 shares with $1.22 million value, down from 79,163 last quarter. Nn Inc now has $676.93M valuation. The stock increased 2.51% or $0.6 during the last trading session, reaching $24.55. About 87,661 shares traded. NN, Inc. (NASDAQ:NNBR) has risen 80.09% since March 6, 2017 and is uptrending. It has outperformed by 63.39% the S&P500.

Gurudatta Nadkarni; that is an insider in Consolidated Edison Inc who is the latest to acquire shares in the company for which he is the current VP – Strategic Planning. He not a long ago paid for 27 shares of the company, all priced at approximately $2,075 USD, that is a price per share of roughly $76.9. In the last 30 days, he also purchased 26 shares with a total value of about $2,102 USD. Right now, Gurudatta Nadkarni owns 6,187 shares which are around 0.00% of the Company’s market capitalization (total value of the shares outstanding).

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 $23.62 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 15.4 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.

Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.04, from 1.12 in 2017Q2. It is negative, as 31 investors sold Consolidated Edison, Inc. shares while 224 reduced holdings. 60 funds opened positions while 215 raised stakes. 169.54 million shares or 1.03% more from 167.81 million shares in 2017Q2 were reported. Fjarde Ap holds 99,790 shares or 0.15% of its portfolio. Assetmark holds 0.01% or 7,823 shares in its portfolio. King Wealth Ltd Llc has 0.68% invested in Consolidated Edison, Inc. (NYSE:ED) for 22,617 shares. Aviance Partners Ltd Llc invested 0.08% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Moreover, Ipswich Inv Mgmt has 0.18% invested in Consolidated Edison, Inc. (NYSE:ED) for 4,875 shares. New York-based Mathes Co has invested 0.47% in Consolidated Edison, Inc. (NYSE:ED). Albion Group Ut holds 52,559 shares or 0.65% of its portfolio. 140,107 were accumulated by Sadoff Ltd. Mufg Americas accumulated 8,673 shares. M&T Natl Bank reported 105,433 shares. Iowa Savings Bank holds 0.53% or 13,826 shares. Autus Asset Mgmt Llc reported 73,133 shares stake. Palisade Capital Management Ltd Liability Corp Nj holds 0.02% or 7,500 shares. Apg Asset Management Nv reported 4.06M shares. Apriem Advisors reported 81,980 shares.

Since December 31, 2017, it had 19 insider buys, and 0 sales for $59,102 activity. Shares for $2,344 were bought by HOGLUND ROBERT N on Wednesday, January 31. 26 shares were bought by Nadkarni Gurudatta D, worth $2,102 on Wednesday, January 31. Shares for $4,094 were bought by Cawley Timothy on Sunday, December 31. Another trade for 7 shares valued at $566 was bought by OATES JOSEPH P. 29 shares valued at $2,344 were bought by Sanchez Robert on Wednesday, January 31. $2,183 worth of Consolidated Edison, Inc. (NYSE:ED) was bought by Moore Elizabeth D on Wednesday, January 31. Another trade for 1 shares valued at $87 was made by Ivey Craig S on Sunday, December 31.

The stock increased 2.34% or $1.74 during the last trading session, reaching $76.09. About 2.36M shares traded or 11.96% up from the average. Consolidated Edison, Inc. (NYSE:ED) has risen 11.89% since March 6, 2017 and is uptrending. It has underperformed by 4.81% the S&P500.

Analysts await Consolidated Edison, Inc. (NYSE:ED) to report earnings on May, 3. They expect $1.35 EPS, up 6.30% or $0.08 from last year’s $1.27 per share. ED’s profit will be $419.03M for 14.09 P/E if the $1.35 EPS becomes a reality. After $0.80 actual EPS reported by Consolidated Edison, Inc. for the previous quarter, Wall Street now forecasts 68.75% EPS growth.

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 0.78% above currents $76.09 stock price. Con Edison had 49 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Mizuho on Thursday, May 12. The company was maintained on Friday, September 8 by Morgan Stanley. The firm has “Hold” rating by RBC Capital Markets given on Sunday, July 23. The rating was maintained by Morgan Stanley with “Underweight” on Tuesday, February 13. J.P. Morgan initiated Consolidated Edison, Inc. (NYSE:ED) rating on Friday, January 12. J.P. Morgan has “Sell” rating and $78.0 target. Barclays Capital maintained the shares of ED in report on Wednesday, September 21 with “Equal-Weight” rating. The firm earned “Hold” rating on Thursday, July 14 by Jefferies. Goldman Sachs downgraded Consolidated Edison, Inc. (NYSE:ED) on Monday, October 19 to “Sell” rating. Citigroup initiated it with “Neutral” rating and $76 target in Friday, August 12 report. The stock of Consolidated Edison, Inc. (NYSE:ED) earned “Hold” rating by Guggenheim on Tuesday, January 2.

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.99, from 1.95 in 2017Q2. It fall, as 23 investors sold NNBR shares while 30 reduced holdings. 14 funds opened positions while 37 raised stakes. 24.40 million shares or 3.04% more from 23.68 million shares in 2017Q2 were reported. Poplar Forest Limited Liability Co accumulated 0.09% or 33,929 shares. G2 Invest Ptnrs Mngmt Limited Liability stated it has 49,000 shares. Meeder Asset Mgmt accumulated 91 shares. Royal Bankshares Of Canada reported 2.60M shares or 0.04% of all its holdings. Skylands Cap Limited Co stated it has 421,000 shares. Renaissance Technology Llc holds 0% of its portfolio in NN, Inc. (NASDAQ:NNBR) for 76,686 shares. Swiss Commercial Bank owns 43,280 shares. Raymond James And Associate reported 131,422 shares or 0.01% of all its holdings. 43,690 are owned by Morgan Stanley. Ameritas Prtnrs has invested 0% in NN, Inc. (NASDAQ:NNBR). Rbf stated it has 10,000 shares. Moreover, American International Gp has 0% invested in NN, Inc. (NASDAQ:NNBR) for 18,164 shares. Lsv Asset Management owns 115,502 shares for 0.01% of their portfolio. State Board Of Administration Of Florida Retirement reported 11,200 shares. Daruma Cap Mngmt Ltd Co reported 1.18 million shares stake.

Algert Global Llc increased Exactech Inc (NASDAQ:EXAC) stake by 28,292 shares to 77,068 valued at $2.54M in 2017Q3. It also upped Startek Inc (NYSE:SRT) stake by 44,473 shares and now owns 158,066 shares. Ceragon Networks Ltd (NASDAQ:CRNT) was raised too.

Analysts await NN, Inc. (NASDAQ:NNBR) to report earnings on March, 7 after the close. They expect $0.31 earnings per share, down 11.43% or $0.04 from last year’s $0.35 per share. NNBR’s profit will be $8.55 million for 19.80 P/E if the $0.31 EPS becomes a reality. After $0.29 actual earnings per share reported by NN, Inc. for the previous quarter, Wall Street now forecasts 6.90% EPS growth.

Since September 14, 2017, it had 0 insider buys, and 4 insider sales for $447,005 activity. On Thursday, September 14 WARSHAW STEVEN T sold $135,390 worth of NN, Inc. (NASDAQ:NNBR) or 5,000 shares. On Wednesday, October 25 BURWELL THOMAS C. Jr. sold $64,000 worth of NN, Inc. (NASDAQ:NNBR) or 2,000 shares.