Kcm Investment Advisors Llc increased its stake in Edison International (NYSE:EIX) by 72.56% based on its latest 2016Q1 regulatory filing with the SEC. Kcm Investment Advisors Llc bought 55,965 shares as the company’s stock rose 21.95% with the market.
The institutional investor held 133,097 shares of the central company at the end of 2016Q1, valued at $9.57 million, up from 77,132 at the end of the previous reported quarter.
Kcm Investment Advisors Llc who had been investing in Edison International for a number of months, seems to be bullish on the $23.32B market cap company. The stock increased 1.20% or $0.85 during the last trading session, hitting $71.63. Edison International (NYSE:EIX) has risen 10.97% since October 23, 2015 and is uptrending. It has outperformed by 9.92% the S&P500.
This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.