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Edison International EIX - News Analyzed: 3,873 - Last Week: 100 - Last Month: 500

β†˜ Edison International EIX: Mix of Stock Acquisitions and Sales Amid Varied Financial Results

Edison International EIX: Mix of Stock Acquisitions and Sales Amid Varied Financial Results
Empowered Funds LLC acquired an additional 1,185 shares of Edison International (NYSE:EIX). The company's stock performed worse on Friday compared to competitors. UBS Downgrades conducted a downgrade of Edison International (EIX) while Mitsubishi UFJ Trust & Banking Corp sold off 105,885 shares. The company also announced that 12 lineworker scholarship recipients have been selected. Atomi Financial Group Inc. and QRG Capital Management Inc. expanded their positions in EIX, purchasing shares. The company's stock had a strong day, outperforming competitors. Banco Santander S.A. and Envestnet Portfolio Solutions Inc. on the other hand, have decreased their positions in the company. Swiss National Bank reduced its stakes by selling off 49,800 shares of the company. Despite UBS Group's downgrade, those who invested in the utility company three years ago benefited from a 57% increase. The company's first quarter's earnings for 2024 beat estimates, with a recorded rise in revenue year-over-year. However, the fourth quarter of 2023 results showed performance that missed expectations. Rockefeller Foundation's Economic Opportunity Coalition's new announcement featured Edison International while Geneos Wealth Management Inc. grew its stake in the company. The stock is expected to perform as a promising growth stock in the long term. Analysts gave a consensus rating of 'Hold' to Edison International.

Edison International EIX News Analytics from Thu, 07 Sep 2023 07:00:00 GMT to Sun, 21 Jul 2024 17:41:25 GMT - Rating -2 - Innovation -1 - Information 8 - Rumor 1

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