Exelon Co. (NASDAQ:EXC) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. cut its holdings in Exelon Co. (NASDAQ:EXC) by 1.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 35,452 shares of the company’s stock after selling 585 shares during the period. Foster & Motley Inc.’s holdings in Exelon were worth $1,334,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. American National Bank & Trust lifted its position in Exelon by 178.8% in the 3rd quarter. American National Bank & Trust now owns 697 shares of the company’s stock valued at $28,000 after purchasing an additional 447 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in Exelon in the 3rd quarter valued at about $32,000. Versant Capital Management Inc lifted its position in Exelon by 56.7% in the 4th quarter. Versant Capital Management Inc now owns 1,047 shares of the company’s stock valued at $39,000 after purchasing an additional 379 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in Exelon in the 2nd quarter valued at about $57,000. Finally, UMB Bank n.a. lifted its position in Exelon by 92.7% in the 3rd quarter. UMB Bank n.a. now owns 1,528 shares of the company’s stock valued at $62,000 after purchasing an additional 735 shares during the last quarter. 80.92% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Exelon Stock Up 1.1 %

NASDAQ EXC opened at $40.02 on Friday. 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 company’s 50 day simple moving average is $38.18 and its 200 day simple moving average is $38.49. Exelon Co. has a 12 month low of $33.35 and a 12 month high of $41.19. The company has a market capitalization of $40.21 billion, a P/E ratio of 16.47, a PEG ratio of 2.61 and a beta of 0.55.

Exelon (NASDAQ:EXC) last released its earnings results on Wednesday, October 30th. The company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.04. Exelon had a net margin of 10.60% and a return on equity of 9.47%. The business had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $5.85 billion. During the same period in the previous year, the firm earned $0.67 EPS. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. Equities research analysts expect that Exelon Co. will post 2.46 earnings per share for the current fiscal year.

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.