Timberland Bancorp, Inc. (TSBK) Reaches $23.45 52-Week High; Riverhead Capital Management Has Lowered Consolidated Edison (ED) Holding

June 13, 2017 - By Adrian Erickson

Riverhead Capital Management Llc decreased Consolidated Edison Inc (ED) stake by 33.68% reported in 2016Q4 SEC filing. Riverhead Capital Management Llc sold 19,500 shares as Consolidated Edison Inc (ED)’s stock rose 9.35%. The Riverhead Capital Management Llc holds 38,399 shares with $2.83 million value, down from 57,899 last quarter. Consolidated Edison Inc now has $25.25 billion valuation. The stock declined 0.78% or $0.65 reaching $82.65 per share. About 441,526 shares traded. Consolidated Edison, Inc. (NYSE:ED) has risen 11.89% since June 13, 2016 and is uptrending. It has underperformed by 4.81% the S&P500.

The stock of Timberland Bancorp, Inc. (NASDAQ:TSBK) hit a new 52-week high and has $25.33 target or 8.00% above today’s $23.45 share price. The 6 months bullish chart indicates low risk for the $172.72M company. The 1-year high was reported on Jun, 13 by Barchart.com. If the $25.33 price target is reached, the company will be worth $13.82M more. About 3,933 shares traded. Timberland Bancorp, Inc. (NASDAQ:TSBK) has risen 56.96% since June 13, 2016 and is uptrending. It has outperformed by 40.26% the S&P500.

Since May 16, 2017, it had 0 insider purchases, and 2 sales for $72,819 activity. 2,900 shares valued at $65,105 were sold by BASICH MARCI A on Thursday, May 18. Shares for $7,714 were sold by CLINTON ANDREA M on Tuesday, May 16.

Analysts await Timberland Bancorp, Inc. (NASDAQ:TSBK) to report earnings on July, 25.

Investors sentiment increased to 2.25 in 2016 Q4. Its up 0.11, from 2.14 in 2016Q3. It improved, as 4 investors sold Timberland Bancorp, Inc. shares while 4 reduced holdings. 7 funds opened positions while 11 raised stakes. 2.89 million shares or 2.15% more from 2.83 million shares in 2016Q3 were reported. Natl Bank Of Ny Mellon holds 0% or 10,162 shares in its portfolio. James Invest stated it has 0% in Timberland Bancorp, Inc. (NASDAQ:TSBK). Bridgeway Mngmt Incorporated owns 120,022 shares. Blackrock Fund Advisors holds 1,813 shares or 0% of its portfolio. Moreover, Blackrock Investment Mngmt Lc has 0% invested in Timberland Bancorp, Inc. (NASDAQ:TSBK) for 1,038 shares. Wellington Management Grp Ltd Liability Partnership invested in 23,497 shares. 40,000 are owned by California Public Employees Retirement. Moreover, Geode Cap Management Limited Liability Com has 0% invested in Timberland Bancorp, Inc. (NASDAQ:TSBK). Vanguard Inc owns 325,434 shares. Federated Investors Pa reported 204 shares. Wells Fargo & Mn accumulated 1 shares. Eagle Advsrs Ltd Liability Com owns 0.02% invested in Timberland Bancorp, Inc. (NASDAQ:TSBK) for 29,275 shares. 255,800 were reported by Renaissance Tech. Morgan Stanley owns 5,119 shares or 0% of their US portfolio. Tower Capital Llc (Trc) has invested 0% in Timberland Bancorp, Inc. (NASDAQ:TSBK).

Timberland Bancorp, Inc. is the holding firm for Timberland Savings Bank, SSB . The company has market cap of $172.72 million. The Bank is a community-oriented bank, which offers a range of savings products to its retail clients while concentrating its lending activities on real estate mortgage loans and commercial business loans. It has a 14.71 P/E ratio. The Bank offers personal banking solutions, business solutions, lending solutions and additional services.

Among 10 analysts covering Con Edison (NYSE:ED), 2 have Buy rating, 3 Sell and 5 Hold. Therefore 20% are positive. Con Edison had 28 analyst reports since July 29, 2015 according to SRatingsIntel. The company was downgraded on Monday, April 18 by Deutsche Bank. On Thursday, May 12 the stock rating was maintained by Mizuho with “Neutral”. Credit Suisse initiated Consolidated Edison, Inc. (NYSE:ED) on Wednesday, January 25 with “Underperform” rating. The firm has “Hold” rating by Vetr given on Monday, August 17. Barclays Capital maintained Consolidated Edison, Inc. (NYSE:ED) on Wednesday, September 21 with “Equal-Weight” rating. The firm has “Sell” rating by UBS given on Friday, August 14. Argus Research downgraded Consolidated Edison, Inc. (NYSE:ED) on Friday, August 28 to “Buy” rating. The stock of Consolidated Edison, Inc. (NYSE:ED) has “Sell” rating given on Wednesday, September 14 by Goldman Sachs. The rating was maintained by Jefferies with “Hold” on Thursday, July 14. Citigroup initiated it with “Neutral” rating and $76 target in Friday, August 12 report.

Investors sentiment decreased to 1.03 in 2016 Q4. Its down 0.02, from 1.05 in 2016Q3. It worsened, as 53 investors sold ED shares while 225 reduced holdings. 55 funds opened positions while 231 raised stakes. 162.74 million shares or 3.26% more from 157.60 million shares in 2016Q3 were reported. Aspiriant Lc holds 0.03% of its portfolio in Consolidated Edison, Inc. (NYSE:ED) for 3,771 shares. Cubist Systematic Strategies Llc owns 10,946 shares. Pinnacle Associates Ltd reported 23,039 shares stake. Caisse De Depot Et Placement Du Quebec has 0.08% invested in Consolidated Edison, Inc. (NYSE:ED) for 433,603 shares. Telos Mgmt Incorporated accumulated 3,200 shares or 0.1% of the stock. Swiss Comml Bank accumulated 1.81M shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 255,910 shares. Peoples Svcs owns 1,456 shares. 479,100 are owned by Renaissance Tech Limited Liability Corporation. Baker Ellis Asset Mngmt Ltd Liability Corp invested in 1,967 shares or 0.04% of the stock. British Columbia Invest Corporation owns 152,422 shares for 0.1% of their portfolio. Northern Tru holds 4.32M shares. 3,247 were reported by Teacher Retirement Sys Of Texas. Raymond James Serv Advisors invested in 60,945 shares. Fmr Ltd Limited Liability Company accumulated 222,804 shares or 0% of the stock.

Since December 15, 2016, it had 57 insider buys, and 0 sales for $223,094 activity. Muccilo Robert bought $2,003 worth of stock or 27 shares. Shares for $2,195 were bought by Moore Elizabeth D. $2,000 worth of Consolidated Edison, Inc. (NYSE:ED) shares were bought by Sanchez Robert. The insider Nadkarni Gurudatta D bought 83 shares worth $6,411. Shares for $2,320 were bought by McAvoy John. HOGLUND ROBERT N had bought 32 shares worth $2,341 on Tuesday, January 31. Ivey Craig S bought $4,077 worth of stock or 57 shares.