Wealthcare Capital Partners LLC Invests $588,000 in Exelon Co. (NASDAQ:EXC)

Wealthcare Capital Partners LLC acquired a new stake in shares of Exelon Co. (NASDAQ:EXC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 15,632 shares of the company’s stock, valued at approximately $588,000.

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

Insider Buying and Selling

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction 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. The trade was a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

Exelon Trading Up 1.2 %

Shares of NASDAQ:EXC opened at $41.80 on Tuesday. The firm has a market cap of $42.00 billion, a price-to-earnings ratio of 17.20, a PEG ratio of 2.74 and a beta of 0.56. Exelon Co. has a 12 month low of $33.50 and a 12 month high of $41.88. The company’s fifty day simple moving average is $38.37 and its 200 day simple moving average is $38.74. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.66.

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.