Exelon Co. (NASDAQ:EXC) EVP Sells $59,353.91 in Stock

Exelon Co. (NASDAQ:EXC) EVP Colette D. Honorable sold 1,463 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total value of $59,353.91. Following the completion of the transaction, the executive vice president now directly owns 2,271 shares of the company’s stock, valued at $92,134.47. This represents a 39.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Exelon Trading Down 0.1 %

Shares of Exelon stock traded down $0.03 on Tuesday, reaching $40.54. 5,254,560 shares of the company’s stock were exchanged, compared to its average volume of 6,454,882. The company has a market capitalization of $40.74 billion, a P/E ratio of 16.68, a price-to-earnings-growth ratio of 2.66 and a beta of 0.56. Exelon Co. has a 52 week low of $33.35 and a 52 week high of $41.19. The firm’s 50-day moving average is $38.25 and its two-hundred day moving average is $38.60. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.97 and a current ratio of 1.09.

Hedge Funds Weigh In On Exelon

Institutional investors and hedge funds have recently modified their holdings of the business. Stephens Consulting LLC lifted its holdings in shares of Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock worth $29,000 after purchasing an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. bought a new position in shares of Exelon in the 4th quarter worth $30,000. Ashton Thomas Securities LLC bought a new position in shares of Exelon in the 3rd quarter worth $32,000. Crews Bank & Trust bought a new position in shares of Exelon in the 4th quarter worth $34,000. Finally, Capital Advisors Ltd. LLC lifted its holdings in shares of Exelon by 119.6% in the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock worth $35,000 after purchasing an additional 513 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on EXC. Evercore ISI raised Exelon from an “in-line” rating to an “outperform” rating and upped their price objective for the company from $43.00 to $44.00 in a research note on Tuesday, January 21st. Morgan Stanley lowered their price objective on Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a research note on Friday, November 22nd. Barclays decreased their target price on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a research report on Wednesday, January 22nd. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Finally, Scotiabank increased their target price 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. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $43.13.

About Exelon

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.