As Eastgroup Properties (EGP) Stock Price Rose, Pensionfund Dsm Netherlands Cut Stake; Edison Intl Com (EIX) Stock Rose While Canada Pension Plan Investment Board Has Boosted Holding by $34.52 Million

February 13, 2018 - By Peter Erickson

Canada Pension Plan Investment Board increased its stake in Edison Intl Com (EIX) by 70.26% based on its latest 2017Q3 regulatory filing with the SEC. Canada Pension Plan Investment Board bought 448,300 shares as the company’s stock rose 2.44% with the market. The institutional investor held 1.09 million shares of the central company at the end of 2017Q3, valued at $83.83 million, up from 638,052 at the end of the previous reported quarter. Canada Pension Plan Investment Board who had been investing in Edison Intl Com for a number of months, seems to be bullish on the $19.38 billion market cap company. The stock decreased 0.98% or $0.59 during the last trading session, reaching $59.47. About 201,961 shares traded. Edison International (NYSE:EIX) has risen 12.39% since February 13, 2017 and is uptrending. It has underperformed by 4.31% the S&P500.

Pensionfund Dsm Netherlands decreased its stake in Eastgroup Properties Inc (EGP) by 20.21% based on its latest 2017Q3 regulatory filing with the SEC. Pensionfund Dsm Netherlands sold 5,700 shares as the company’s stock rose 12.74% with the market. The institutional investor held 22,500 shares of the consumer services company at the end of 2017Q3, valued at $1.98 million, down from 28,200 at the end of the previous reported quarter. Pensionfund Dsm Netherlands who had been investing in Eastgroup Properties Inc for a number of months, seems to be less bullish one the $2.74 billion market cap company. The stock decreased 0.34% or $0.27 during the last trading session, reaching $79.79. About 35,501 shares traded. EastGroup Properties, Inc. (NYSE:EGP) has risen 30.21% since February 13, 2017 and is uptrending. It has outperformed by 13.51% the S&P500.

Among 15 analysts covering Eastgroup Properties Inc. (NYSE:EGP), 2 have Buy rating, 0 Sell and 13 Hold. Therefore 13% are positive. Eastgroup Properties Inc. had 34 analyst reports since August 20, 2015 according to SRatingsIntel. The firm earned “Sector Weight” rating on Friday, July 15 by KeyBanc Capital Markets. The rating was downgraded by Stifel Nicolaus on Friday, July 22 to “Hold”. The stock of EastGroup Properties, Inc. (NYSE:EGP) has “Underweight” rating given on Tuesday, September 6 by Morgan Stanley. The firm has “Neutral” rating given on Monday, October 23 by Cantor Fitzgerald. The firm has “Neutral” rating given on Tuesday, December 13 by Citigroup. The firm has “Hold” rating given on Friday, October 21 by Cantor Fitzgerald. Sandler O’Neill upgraded the shares of EGP in report on Tuesday, September 5 to “Buy” rating. The rating was upgraded by Bank of America to “Hold” on Wednesday, August 16. Morgan Stanley maintained the shares of EGP in report on Thursday, December 14 with “Equal-Weight” rating. The firm has “Hold” rating by BMO Capital Markets given on Thursday, March 23.

Investors sentiment increased to 1.43 in Q3 2017. Its up 0.17, from 1.26 in 2017Q2. It improved, as 12 investors sold EGP shares while 53 reduced holdings. 32 funds opened positions while 61 raised stakes. 32.35 million shares or 0.01% less from 32.35 million shares in 2017Q2 were reported. Oppenheimer Asset Mgmt Inc reported 14,135 shares. Moreover, D E Shaw & has 0% invested in EastGroup Properties, Inc. (NYSE:EGP). Hexavest Inc stated it has 1,700 shares. Moreover, Alliancebernstein Limited Partnership has 0% invested in EastGroup Properties, Inc. (NYSE:EGP) for 73,087 shares. Reilly Advsr Ltd holds 0% or 12 shares in its portfolio. Eqis invested in 3,528 shares or 0.02% of the stock. Delta Asset Mgmt Ltd Liability Tn has 0.01% invested in EastGroup Properties, Inc. (NYSE:EGP). Swiss Fincl Bank holds 0.01% or 56,687 shares in its portfolio. Nomura Asset Mgmt Ltd stated it has 0.02% of its portfolio in EastGroup Properties, Inc. (NYSE:EGP). North Carolina-based Fincl Bank Of America Corporation De has invested 0% in EastGroup Properties, Inc. (NYSE:EGP). Aperio Grp Lc holds 0% or 7,763 shares in its portfolio. Profund Advisors Limited Liability Company reported 6,091 shares or 0.02% of all its holdings. Papp L Roy And reported 0.11% stake. 88,013 are held by Tiaa Cref Management Ltd Liability Com. 32,303 were accumulated by Sumitomo Mitsui Tru Holdings.

Canada Pension Plan Investment Board, which manages about $48.95B US Long portfolio, decreased its stake in Costco Whsl Corp New Com (NASDAQ:COST) by 410,475 shares to 51,810 shares, valued at $8.51 million in 2017Q3, according to the filing. It also reduced its holding in Priceline Grp Inc Com New (NASDAQ:PCLN) by 18,061 shares in the quarter, leaving it with 28,810 shares, and cut its stake in Universal Hlth Svcs Inc Cl B (NYSE:UHS).

Investors sentiment decreased to 1.15 in Q3 2017. Its down 0.06, from 1.21 in 2017Q2. It dived, as 33 investors sold EIX shares while 173 reduced holdings. 57 funds opened positions while 179 raised stakes. 259.99 million shares or 1.33% less from 263.50 million shares in 2017Q2 were reported. 2,840 were accumulated by West Oak Cap Limited Liability Company. First Midwest Comml Bank Tru Division holds 0.1% or 10,851 shares. Mcf Advsr invested in 0% or 18 shares. Rnc Capital Ltd Co has invested 0.04% in Edison International (NYSE:EIX). Morgan Stanley stated it has 1.20M shares or 0.03% of all its holdings. Synovus reported 0.01% in Edison International (NYSE:EIX). Credit Agricole S A holds 0.06% or 239,951 shares in its portfolio. Checchi Capital Advisers Lc holds 3,956 shares. Aqr Capital Ltd Limited Liability Company holds 3.82M shares. Uss Invest Management Ltd holds 1.06% or 1.79M shares. The Maryland-based Hussman Strategic Advsrs has invested 0.02% in Edison International (NYSE:EIX). Moreover, Art Advisors Limited Liability Com has 0.13% invested in Edison International (NYSE:EIX) for 33,612 shares. Advisor Prtn Ltd Llc has invested 0.15% in Edison International (NYSE:EIX). Whittier Company owns 4,655 shares. Murphy Mgmt Inc stated it has 0.09% in Edison International (NYSE:EIX).

Among 20 analysts covering Edison (NYSE:EIX), 9 have Buy rating, 1 Sell and 10 Hold. Therefore 45% are positive. Edison had 62 analyst reports since August 3, 2015 according to SRatingsIntel. SunTrust maintained the stock with “Buy” rating in Monday, October 30 report. The firm has “Hold” rating given on Tuesday, May 3 by Jefferies. Citigroup maintained the shares of EIX in report on Tuesday, October 17 with “Neutral” rating. On Monday, April 18 the stock rating was downgraded by Deutsche Bank to “Hold”. Deutsche Bank downgraded Edison International (NYSE:EIX) on Tuesday, August 11 to “Buy” rating. The firm has “Hold” rating given on Wednesday, August 12 by Zacks. Edward Jones downgraded the stock to “Sell” rating in Wednesday, December 27 report. The company was maintained on Monday, October 19 by SunTrust. The stock of Edison International (NYSE:EIX) has “Hold” rating given on Wednesday, October 28 by Evercore. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, October 18 report.

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