Gyroscope Capital Management Group Has Raised Stake in Firstenergy (FE); Cadiz (CDZI) Holder Elkhorn Partners Limited Partnership Has Lifted Position by $385,000

Cadiz Inc. (NASDAQ:CDZI) Logo

Gyroscope Capital Management Group Llc increased its stake in Firstenergy Corp (FE) by 6.43% based on its latest 2018Q3 regulatory filing with the SEC. Gyroscope Capital Management Group Llc bought 13,050 shares as the company’s stock rose 3.70% while stock markets declined. The institutional investor held 215,940 shares of the central company at the end of 2018Q3, valued at $8.20M, up from 202,890 at the end of the previous reported quarter. Gyroscope Capital Management Group Llc who had been investing in Firstenergy Corp for a number of months, seems to be bullish on the $20.19 billion market cap company. The stock decreased 0.13% or $0.05 during the last trading session, reaching $39.47. About 1.89 million shares traded. FirstEnergy Corp. (NYSE:FE) has risen 20.84% since February 13, 2018 and is uptrending. It has outperformed by 20.84% the S&P500. Some Historical FE News: 15/05/2018 – FirstEnergy Plans to Invest Up to $4.8 Billion From 2018-2021; 09/04/2018 – STEP Energy Services at Roadshow Hosted By GMP FirstEnergy; 23/04/2018 – FIRSTENERGY CEO CHUCK JONES COMMENTS ON EARNINGS CALL; 10/05/2018 – Potomac Edison’s 2018 Tree Trimming Program Underway; 16/03/2018 – Fitch Affirms FirstEnergy Ohio PIRB Special Purpose Trust 2013; 28/03/2018 – FIRSTENERGY – CONTINUES TO WORK TOWARD LEGISLATIVE SOLUTIONS TO KEEP PLANTS OPERATING, BUT WILL ALSO LOOK FOR POTENTIAL BUYERS AS ANOTHER ALTERNATIVE; 02/05/2018 – All-Electric Vehicle Incentives Available for FirstEnergy Customers; 02/04/2018 – FIRSTENERGY SAYS CONTRACTS JEOPARDIZE ABILITY TO REORGANIZE; 29/03/2018 – FIRSTENERGY SOLUTIONS SEEKS DOE ACTION UNDER SECTION 202; 28/03/2018 – FirstEnergy Solutions Files Deactivation Notice for Three Competitive Nuclear Generating Plants in Ohio and Pennsylvania

Elkhorn Partners Limited Partnership increased its stake in Cadiz Inc. (CDZI) by 8.73% based on its latest 2018Q3 regulatory filing with the SEC. Elkhorn Partners Limited Partnership bought 35,000 shares as the company’s stock declined 13.07% with the market. The hedge fund held 436,000 shares of the public utilities company at the end of 2018Q3, valued at $4.86 million, up from 401,000 at the end of the previous reported quarter. Elkhorn Partners Limited Partnership who had been investing in Cadiz Inc. for a number of months, seems to be bullish on the $247.29 million market cap company. The stock decreased 0.59% or $0.06 during the last trading session, reaching $10.08. About 25,297 shares traded. Cadiz Inc. (NASDAQ:CDZI) has declined 27.82% since February 13, 2018 and is downtrending. It has underperformed by 27.82% the S&P500. Some Historical CDZI News: 03/04/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within Cedar Fair, American Public Education, Cadiz, National Rese; 02/05/2018 – Cadiz Inc. Board of Directors to Add Representatives From Water Asset Management; 26/03/2018 – Water Asset Management, LLC, Affiliates Report Stake In Cadiz; 27/03/2018 – CADIZ INC SAYS ON MARCH 27, CO ENTERED INTO AN AT MARKET ISSUANCE SALES AGREEMENT WITH B. RILEY FBR INC – SEC FILING; 26/03/2018 – WATER ASSET MANAGEMENT SAYS ENGAGED IN, & EXPECT TO CONTINUE TO ENGAGE IN, DISCUSSIONS WITH MEMBERS OF CADIZ INC’S MANAGEMENT & BOARD; 02/05/2018 – Cadiz to Add Two New Members to Bd of Directors Designated by WAM; 22/03/2018 – Water District Not Material to Cadiz Water Project Implementation Decides to Take No Action on a Letter of Intent; 14/05/2018 – Sunworks Appoints Stanley Speer, Financial Expert, to Board of Directors; 19/04/2018 – Standard Lithium Completes Successful Gravity Geophysical Survey at Cadiz Dry Lake, California Lithium Project; 03/04/2018 – LNG TANKER CADIZ KNUTSEN DUE IN U.K.’S GRAIN APRIL 8: SHIP DATA

Investors sentiment increased to 1.29 in 2018 Q3. Its up 0.03, from 1.26 in 2018Q2. It increased, as 32 investors sold FE shares while 152 reduced holdings. 80 funds opened positions while 157 raised stakes. 444.59 million shares or 0.07% more from 444.29 million shares in 2018Q2 were reported. First Republic Invest Inc holds 13,564 shares. 2,363 are owned by Kistler. Affinity Inv Ltd Liability reported 5,427 shares. Gam Holdg Ag stated it has 0.11% of its portfolio in FirstEnergy Corp. (NYSE:FE). Envestnet Asset Mngmt invested in 0% or 19,210 shares. Dekabank Deutsche Girozentrale holds 69,554 shares. Gyroscope Cap Mgmt Gru Lc holds 215,940 shares. Aperio Grp Incorporated Lc has 162,090 shares. State Bank Of Nova Scotia has invested 0.02% in FirstEnergy Corp. (NYSE:FE). Jpmorgan Chase Com, New York-based fund reported 820,686 shares. Moreover, Cbre Clarion Securities Limited Liability Company has 0.04% invested in FirstEnergy Corp. (NYSE:FE). Dupont Capital invested in 125,100 shares or 0.1% of the stock. Moreover, Fincl Mngmt Inc has 0% invested in FirstEnergy Corp. (NYSE:FE) for 18 shares. Tiverton Asset Management Limited Liability Corp holds 1,712 shares. 4.94 million are held by Bank & Trust Of America De.

Since January 9, 2019, it had 0 insider purchases, and 1 sale for $1.51 million activity.

More notable recent FirstEnergy Corp. (NYSE:FE) news were published by: Seekingalpha.com which released: “Now That FirstEnergy Increased Their Dividend, Are They An Undervalued Dividend Growth Stock? – Seeking Alpha” on November 15, 2018, also Zacks.com with their article: “FirstEnergy (FE) Expected to Beat Earnings Estimates: Can the Stock Move Higher? – Zacks.com” published on February 12, 2019, Prnewswire.com published: “Three FirstEnergy Pennsylvania Utilities Launch Request for Proposal for Solar Photovoltaic Alternative Energy Credits – PRNewswire” on January 14, 2019. More interesting news about FirstEnergy Corp. (NYSE:FE) were released by: Zacks.com and their article: “Is FirstEnergy (FE) Stock Outpacing Its Utilities Peers This Year? – Zacks.com” published on January 15, 2019 as well as Seekingalpha.com‘s news article titled: “FirstEnergy Solutions wins tentative restructuring agreement – Seeking Alpha” with publication date: January 23, 2019.

Gyroscope Capital Management Group Llc, which manages about $127.73 million and $243.98 million US Long portfolio, decreased its stake in Lockheed Martin Corp (NYSE:LMT) by 1,548 shares to 1,008 shares, valued at $350,000 in 2018Q3, according to the filing. It also reduced its holding in Sherwin Williams Co (NYSE:SHW) by 18,858 shares in the quarter, leaving it with 15,542 shares, and cut its stake in Jefferies Finl Group Inc.

Among 21 analysts covering FirstEnergy (NYSE:FE), 9 have Buy rating, 1 Sell and 11 Hold. Therefore 43% are positive. FirstEnergy had 91 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, April 24, the company rating was maintained by Morgan Stanley. Citigroup maintained FirstEnergy Corp. (NYSE:FE) rating on Wednesday, October 3. Citigroup has “Neutral” rating and $37 target. The firm has “Hold” rating by Mizuho given on Wednesday, October 25. On Tuesday, October 13 the stock rating was upgraded by UBS to “Neutral”. The stock of FirstEnergy Corp. (NYSE:FE) earned “Hold” rating by RBC Capital Markets on Thursday, February 1. RBC Capital Markets downgraded it to “Underperform” rating and $1 target in Thursday, December 17 report. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, October 13. The firm has “Buy” rating given on Thursday, December 3 by Guggenheim. On Tuesday, February 13 the stock rating was maintained by Morgan Stanley with “Overweight”. The firm earned “Hold” rating on Monday, April 23 by RBC Capital Markets.

More notable recent Cadiz Inc. (NASDAQ:CDZI) news were published by: Nasdaq.com which released: “Archived Event: Cadiz, Inc. (CDZI), Interview with Scott Slater, Chief Executive Officer – NASDAQ” on September 05, 2014, also Seekingalpha.com with their article: “Mother Nature Will Determine Future Of Portfolio When It Comes To Climate Change Stocks – Seeking Alpha” published on January 19, 2017, Seekingalpha.com published: “Cadiz: A Risky Potential Short – Seeking Alpha” on April 22, 2018. More interesting news about Cadiz Inc. (NASDAQ:CDZI) were released by: Fool.com and their article: “Why Cadiz, Inc. Stock Just Jumped 33% – The Motley Fool” published on September 05, 2017 as well as Nasdaq.com‘s news article titled: “Monday Sector Laggards: Water Utilities, Cigarettes & Tobacco Stocks – Nasdaq” with publication date: February 11, 2019.

Investors sentiment decreased to 1.23 in Q3 2018. Its down 1.15, from 2.38 in 2018Q2. It worsened, as 9 investors sold CDZI shares while 13 reduced holdings. 10 funds opened positions while 17 raised stakes. 11.14 million shares or 3.62% less from 11.56 million shares in 2018Q2 were reported. Marshall Wace Llp holds 0.01% or 93,008 shares in its portfolio. Schwab Charles Management Inc reported 48,956 shares. Teton Advisors Inc owns 29,900 shares for 0.03% of their portfolio. Invesco Ltd has 0% invested in Cadiz Inc. (NASDAQ:CDZI) for 11,251 shares. Citigroup reported 6,219 shares. Tower Rech Cap Lc (Trc) holds 4,567 shares or 0% of its portfolio. Raymond James & Assoc invested 0% in Cadiz Inc. (NASDAQ:CDZI). Morgan Stanley holds 37,555 shares. Jane Street Gp Ltd Liability Corporation has 0% invested in Cadiz Inc. (NASDAQ:CDZI). Moreover, Bnp Paribas Arbitrage has 0% invested in Cadiz Inc. (NASDAQ:CDZI). Moreover, Ing Groep Nv has 0.01% invested in Cadiz Inc. (NASDAQ:CDZI). Geode Cap Ltd Liability Corporation reported 0% in Cadiz Inc. (NASDAQ:CDZI). 1.49 million were reported by Blackrock. Amundi Pioneer Asset Mgmt holds 0% of its portfolio in Cadiz Inc. (NASDAQ:CDZI) for 7,300 shares. 3,365 were accumulated by Royal Bank & Trust Of Canada.

FirstEnergy Corp. (NYSE:FE) Institutional Positions Chart