National Pension Service Increases Stake in Exelon Co. (EXC)

National Pension Service raised its position in Exelon Co. (NYSE:EXC) by 6.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 1,056,349 shares of the energy giant’s stock after buying an additional 64,684 shares during the period. National Pension Service owned about 0.11% of Exelon worth $50,557,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in EXC. Csenge Advisory Group bought a new position in Exelon in the 3rd quarter valued at $26,000. Moody National Bank Trust Division acquired a new position in shares of Exelon in the 4th quarter valued at $26,000. Braun Bostich & Associates Inc. lifted its stake in shares of Exelon by 51.7% in the 4th quarter. Braun Bostich & Associates Inc. now owns 613 shares of the energy giant’s stock valued at $28,000 after purchasing an additional 209 shares during the period. Capital Financial Planning LLC acquired a new position in shares of Exelon in the 4th quarter valued at $29,000. Finally, Semmax Financial Advisors Inc. acquired a new position in shares of Exelon in the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 80.13% of the company’s stock.

In other news, EVP Paymon Aliabadi sold 17,500 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $48.36, for a total transaction of $846,300.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Joseph Nigro sold 53,800 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $49.59, for a total value of $2,667,942.00. Following the sale, the executive vice president now owns 99,574 shares of the company’s stock, valued at approximately $4,937,874.66. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 88,800 shares of company stock valued at $4,352,142. Corporate insiders own 0.27% of the company’s stock.

Several analysts recently commented on the company. Goldman Sachs Group raised Exelon from a “sell” rating to a “neutral” rating and raised their price objective for the stock from $43.00 to $47.00 in a research note on Tuesday, April 9th. Wells Fargo & Co raised Exelon from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $50.00 to $57.00 in a research note on Tuesday, April 2nd. Scotiabank reissued a “buy” rating and issued a $50.00 price target on shares of Exelon in a research note on Wednesday, February 13th. SunTrust Banks reissued a “hold” rating and issued a $49.00 price target on shares of Exelon in a research note on Tuesday, February 12th. Finally, Zacks Investment Research raised Exelon from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a research note on Thursday, January 3rd. Seven investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Exelon currently has an average rating of “Buy” and an average target price of $47.82.

Exelon stock traded up $0.49 during midday trading on Monday, reaching $50.19. 4,504,930 shares of the company’s stock were exchanged, compared to its average volume of 5,366,857. Exelon Co. has a 52 week low of $38.27 and a 52 week high of $50.85. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.02 and a current ratio of 1.17. The stock has a market capitalization of $48.21 billion, a P/E ratio of 16.09, a PEG ratio of 3.89 and a beta of 0.37.

Exelon (NYSE:EXC) last issued its quarterly earnings data on Friday, February 8th. The energy giant reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. Exelon had a return on equity of 9.18% and a net margin of 5.58%. The company had revenue of $8.81 billion during the quarter, compared to analysts’ expectations of $6.60 billion. During the same quarter in the previous year, the company posted $0.55 earnings per share. The business’s revenue was up 5.1% on a year-over-year basis. Research analysts forecast that Exelon Co. will post 3.13 earnings per share for the current year.

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Exelon Profile

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

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Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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