Weather Gauge Advisory LLC Buys 1,063 Shares of Exelon Co. (EXC)

Weather Gauge Advisory LLC grew its stake in shares of Exelon Co. (NYSE:EXC) by 2.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 47,243 shares of the energy giant’s stock after acquiring an additional 1,063 shares during the period. Exelon accounts for approximately 2.3% of Weather Gauge Advisory LLC’s portfolio, making the stock its 14th largest holding. Weather Gauge Advisory LLC’s holdings in Exelon were worth $2,368,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. First Bank & Trust bought a new position in shares of Exelon in the first quarter worth $25,000. Csenge Advisory Group bought a new position in shares of Exelon in the third quarter worth $26,000. Moody National Bank Trust Division bought a new position in shares of Exelon in the fourth quarter worth $26,000. Braun Bostich & Associates Inc. increased its holdings in shares of Exelon by 51.7% in the fourth quarter. Braun Bostich & Associates Inc. now owns 613 shares of the energy giant’s stock worth $28,000 after purchasing an additional 209 shares during the period. Finally, Capital Financial Planning LLC bought a new position in shares of Exelon in the fourth quarter worth $29,000. Hedge funds and other institutional investors own 80.13% of the company’s stock.

EXC traded up $0.49 during trading on Monday, reaching $50.19. The stock had a trading volume of 4,844,190 shares, compared to its average volume of 5,366,857. The stock has a market cap of $48.21 billion, a PE ratio of 16.09, a P/E/G ratio of 3.89 and a beta of 0.37. The company has a quick ratio of 1.02, a current ratio of 1.17 and a debt-to-equity ratio of 1.04. Exelon Co. has a one year low of $38.27 and a one year high of $50.85.

Exelon (NYSE:EXC) last released its earnings results on Friday, February 8th. The energy giant reported $0.58 EPS for the quarter, beating the Zacks’ consensus estimate of $0.57 by $0.01. The business had revenue of $8.81 billion for the quarter, compared to analysts’ expectations of $6.60 billion. Exelon had a return on equity of 9.18% and a net margin of 5.58%. The firm’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.55 earnings per share. As a group, equities analysts anticipate that Exelon Co. will post 3.13 earnings per share for the current year.

In other Exelon news, EVP Paymon Aliabadi sold 17,500 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $48.36, for a total transaction of $846,300.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Joseph Nigro sold 53,800 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $49.59, for a total transaction of $2,667,942.00. Following the sale, the executive vice president now owns 99,574 shares of the company’s stock, valued at $4,937,874.66. The disclosure for this sale can be found here. In the last three months, insiders sold 88,800 shares of company stock worth $4,352,142. 0.27% of the stock is owned by insiders.

Several research analysts have recently weighed in on the stock. Scotiabank reaffirmed a “buy” rating and issued a $50.00 price target on shares of Exelon in a report on Wednesday, February 13th. Goldman Sachs Group cut shares of Exelon from a “neutral” rating to a “sell” rating and set a $43.00 price target on the stock. in a report on Friday, January 4th. Zacks Investment Research raised shares of Exelon from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a report on Thursday, January 3rd. Royal Bank of Canada reaffirmed a “buy” rating and issued a $51.00 price target on shares of Exelon in a report on Wednesday, January 23rd. Finally, Morgan Stanley upped their price target on shares of Exelon from $47.00 to $49.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 12th. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $47.82.

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Exelon Company 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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