Exelon Co. (NASDAQ:EXC) Shares Acquired by Stephens Consulting LLC

Stephens Consulting LLC boosted its stake in Exelon Co. (NASDAQ:EXC) by 78.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 782 shares of the company’s stock after acquiring an additional 343 shares during the period. Stephens Consulting LLC’s holdings in Exelon were worth $29,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of EXC. Foundations Investment Advisors LLC boosted its stake in shares of Exelon by 3.5% in the third quarter. Foundations Investment Advisors LLC now owns 7,533 shares of the company’s stock valued at $305,000 after purchasing an additional 255 shares during the period. Harbor Capital Advisors Inc. boosted its position in Exelon by 1.0% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 28,392 shares of the company’s stock valued at $1,151,000 after buying an additional 274 shares during the period. Rosenberg Matthew Hamilton grew its stake in shares of Exelon by 12.6% in the fourth quarter. Rosenberg Matthew Hamilton now owns 2,457 shares of the company’s stock worth $92,000 after acquiring an additional 275 shares in the last quarter. Ballentine Partners LLC increased its position in shares of Exelon by 2.1% during the third quarter. Ballentine Partners LLC now owns 13,922 shares of the company’s stock worth $565,000 after acquiring an additional 285 shares during the period. Finally, Wesbanco Bank Inc. raised its stake in shares of Exelon by 3.1% in the fourth quarter. Wesbanco Bank Inc. now owns 9,951 shares of the company’s stock valued at $375,000 after acquiring an additional 296 shares in the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on EXC shares. Barclays lowered their price objective on Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a research report on Wednesday, January 22nd. Scotiabank increased their price objective on shares of Exelon from $40.00 to $42.00 and gave the company a “sector perform” rating in a research report on Thursday, December 12th. Evercore ISI upgraded shares of Exelon from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $43.00 to $44.00 in a research note on Tuesday, January 21st. Morgan Stanley cut their price target on Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Friday, November 22nd. Finally, Guggenheim raised Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $43.13.

Exelon Stock Performance

NASDAQ:EXC opened at $40.57 on Tuesday. The stock has a market cap of $40.77 billion, a PE ratio of 16.70, a price-to-earnings-growth ratio of 2.66 and a beta of 0.56. Exelon Co. has a fifty-two week low of $33.35 and a fifty-two week high of $41.19. The firm’s fifty day simple moving average is $38.25 and its 200-day simple moving average is $38.60. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.66.

Exelon Profile

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.