Global X MANAGEMENT CO LLC lifted its stake in shares of Exelon Corporation (NYSE:EXC) by 14.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,465 shares of the energy giant’s stock after acquiring an additional 1,826 shares during the period. Global X MANAGEMENT CO LLC’s holdings in Exelon Corporation were worth $545,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. Jennison Associates LLC lifted its position in shares of Exelon Corporation by 1.2% during the 3rd quarter. Jennison Associates LLC now owns 6,461,814 shares of the energy giant’s stock valued at $243,417,000 after acquiring an additional 76,073 shares during the period. Brown Advisory Securities LLC lifted its position in shares of Exelon Corporation by 18.5% during the 3rd quarter. Brown Advisory Securities LLC now owns 11,075 shares of the energy giant’s stock valued at $419,000 after acquiring an additional 1,730 shares during the period. Advantus Capital Management Inc lifted its position in shares of Exelon Corporation by 4.9% during the 3rd quarter. Advantus Capital Management Inc now owns 223,510 shares of the energy giant’s stock valued at $8,419,000 after acquiring an additional 10,379 shares during the period. ZWJ Investment Counsel Inc. lifted its position in shares of Exelon Corporation by 1.0% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 534,299 shares of the energy giant’s stock valued at $20,127,000 after acquiring an additional 5,451 shares during the period. Finally, Swiss National Bank lifted its position in shares of Exelon Corporation by 0.9% during the 3rd quarter. Swiss National Bank now owns 3,412,630 shares of the energy giant’s stock valued at $128,554,000 after acquiring an additional 29,300 shares during the period. Institutional investors own 77.37% of the company’s stock.

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Shares of Exelon Corporation (NYSE:EXC) opened at $41.26 on Friday. The company has a market cap of $39,630.00, a PE ratio of 17.09, a PEG ratio of 3.69 and a beta of 0.31. The company has a quick ratio of 0.89, a current ratio of 1.03 and a debt-to-equity ratio of 1.06. Exelon Corporation has a 1-year low of $31.55 and a 1-year high of $42.67.

Exelon Corporation (NYSE:EXC) last announced its earnings results on Thursday, November 2nd. The energy giant reported $0.85 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.86 by ($0.01). The firm had revenue of $8.77 billion during the quarter, compared to analysts’ expectations of $8.58 billion. Exelon Corporation had a net margin of 6.59% and a return on equity of 8.19%. The business’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.91 EPS. sell-side analysts expect that Exelon Corporation will post 2.65 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Wednesday, November 15th will be issued a $0.3275 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $1.31 annualized dividend and a dividend yield of 3.17%. Exelon Corporation’s dividend payout ratio is currently 58.74%.

In other news, EVP Paymon Aliabadi sold 13,333 shares of the stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $38.31, for a total value of $510,787.23. Following the completion of the sale, the executive vice president now owns 39,769 shares in the company, valued at $1,523,550.39. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Kenneth W. Cornew sold 25,000 shares of the stock in a transaction dated Monday, September 25th. The shares were sold at an average price of $37.44, for a total transaction of $936,000.00. Following the completion of the sale, the executive vice president now owns 28,363 shares of the company’s stock, valued at approximately $1,061,910.72. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,312,787 shares of company stock valued at $52,683,909. 0.70% of the stock is currently owned by corporate insiders.

EXC has been the topic of a number of research reports. Morgan Stanley boosted their target price on shares of Exelon Corporation from $37.00 to $40.00 and gave the company an “equal weight” rating in a research report on Friday, September 8th. The Goldman Sachs Group, Inc. downgraded shares of Exelon Corporation from a “neutral” rating to a “sell” rating and set a $35.00 target price on the stock. in a research report on Wednesday, October 11th. BidaskClub upgraded shares of Exelon Corporation from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 26th. Zacks Investment Research upgraded shares of Exelon Corporation from a “sell” rating to a “hold” rating in a research report on Friday, October 20th. Finally, ValuEngine upgraded shares of Exelon Corporation from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $40.64.

About Exelon Corporation

Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.

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Institutional Ownership by Quarter for Exelon Corporation (NYSE:EXC)

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