Tokio Marine Asset Management Co. Ltd. Purchases 727 Shares of Exelon Co. (NASDAQ:EXC)

Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Exelon Co. (NASDAQ:EXC) by 1.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,988 shares of the company’s stock after acquiring an additional 727 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Exelon were worth $1,580,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC bought a new stake in shares of Exelon during the third quarter valued at approximately $32,000. Crews Bank & Trust bought a new stake in shares of Exelon during the fourth quarter valued at approximately $34,000. Versant Capital Management Inc raised its position in shares of Exelon by 56.7% during the fourth quarter. Versant Capital Management Inc now owns 1,047 shares of the company’s stock valued at $39,000 after buying an additional 379 shares during the last quarter. UMB Bank n.a. raised its position in shares of Exelon by 92.7% during the third quarter. UMB Bank n.a. now owns 1,528 shares of the company’s stock valued at $62,000 after buying an additional 735 shares during the last quarter. Finally, Catalyst Capital Advisors LLC grew its holdings in shares of Exelon by 63.4% in the third quarter. Catalyst Capital Advisors LLC now owns 1,598 shares of the company’s stock valued at $65,000 after purchasing an additional 620 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Analysts Set New Price Targets

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

Exelon Stock Performance

EXC stock opened at $40.57 on Tuesday. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.97. The business has a 50-day moving average price of $38.22 and a 200 day moving average price of $38.57. The company has a market capitalization of $40.77 billion, a P/E ratio of 16.70, a PEG ratio of 2.66 and a beta of 0.55. Exelon Co. has a 1-year low of $33.35 and a 1-year high of $41.19.

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.