D.A. Davidson & CO. Increases Holdings in Exelon Co. (NASDAQ:EXC)

D.A. Davidson & CO. raised its holdings in shares of Exelon Co. (NASDAQ:EXCFree Report) by 14.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,602 shares of the company’s stock after purchasing an additional 2,876 shares during the period. D.A. Davidson & CO.’s holdings in Exelon were worth $854,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of EXC. U.S. Capital Wealth Advisors LLC bought a new position in Exelon during the 1st quarter valued at approximately $270,000. Cibc World Market Inc. raised its position in Exelon by 21.4% during the 1st quarter. Cibc World Market Inc. now owns 19,872 shares of the company’s stock valued at $947,000 after purchasing an additional 3,509 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Exelon by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,063,174 shares of the company’s stock worth $98,262,000 after acquiring an additional 12,105 shares during the period. Vontobel Holding Ltd. grew its holdings in shares of Exelon by 8.8% during the 1st quarter. Vontobel Holding Ltd. now owns 4,639 shares of the company’s stock worth $219,000 after acquiring an additional 376 shares during the period. Finally, Sei Investments Co. grew its holdings in shares of Exelon by 77.9% during the 1st quarter. Sei Investments Co. now owns 380,426 shares of the company’s stock worth $18,117,000 after acquiring an additional 166,614 shares during the period. Institutional investors own 81.38% of the company’s stock.

Exelon Stock Performance

Exelon stock opened at $34.38 on Tuesday. The stock’s 50 day moving average is $35.90 and its 200 day moving average is $38.31. The company has a quick ratio of 0.77, a current ratio of 0.85 and a debt-to-equity ratio of 1.56. Exelon Co. has a twelve month low of $33.35 and a twelve month high of $43.71. The company has a market capitalization of $34.22 billion, a P/E ratio of 16.07, a PEG ratio of 2.48 and a beta of 0.53.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Morgan Stanley downgraded Exelon from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $45.00 to $38.00 in a report on Monday, December 18th. Mizuho upgraded Exelon from a “neutral” rating to a “buy” rating and upped their target price for the stock from $36.00 to $39.00 in a report on Wednesday, January 10th. StockNews.com upgraded Exelon from a “sell” rating to a “hold” rating in a report on Tuesday, January 30th. Seaport Res Ptn downgraded Exelon from a “buy” rating to a “neutral” rating in a report on Monday, January 8th. Finally, UBS Group downgraded Exelon from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $47.00 to $37.00 in a report on Tuesday, January 2nd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $39.36.

Read Our Latest Research Report on EXC

Exelon Profile

(Free Report)

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.

See Also

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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