Centre Asset Management LLC lessened its holdings in shares of Exelon Co. (NYSE:EXC) by 13.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 12,058 shares of the energy giant’s stock after selling 1,810 shares during the quarter. Centre Asset Management LLC’s holdings in Exelon were worth $550,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in EXC. Kempen Capital Management N.V. acquired a new position in Exelon during the 2nd quarter worth $27,000. Atwater Malick LLC acquired a new position in Exelon during the 3rd quarter worth $27,000. Asset Dedication LLC boosted its position in Exelon by 117.6% during the 3rd quarter. Asset Dedication LLC now owns 555 shares of the energy giant’s stock worth $27,000 after acquiring an additional 300 shares during the period. LFA Lugano Financial Advisors SA acquired a new position in Exelon during the 4th quarter worth $27,000. Finally, Bartlett & Co. LLC boosted its position in Exelon by 77.5% during the 3rd quarter. Bartlett & Co. LLC now owns 678 shares of the energy giant’s stock worth $33,000 after acquiring an additional 296 shares during the period. Institutional investors own 78.99% of the company’s stock.

Shares of Exelon stock traded down $0.38 during trading on Tuesday, hitting $45.81. The stock had a trading volume of 6,197,053 shares, compared to its average volume of 5,859,452. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.90 and a quick ratio of 0.77. The firm has a market cap of $44.97 billion, a P/E ratio of 14.68, a PEG ratio of 4.50 and a beta of 0.26. The business has a fifty day moving average of $45.06 and a two-hundred day moving average of $46.25. Exelon Co. has a fifty-two week low of $43.42 and a fifty-two week high of $51.18.

Exelon (NYSE:EXC) last announced its quarterly earnings data on Thursday, October 31st. The energy giant reported $0.92 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.03. The business had revenue of $9.40 billion during the quarter, compared to analyst estimates of $8.70 billion. Exelon had a return on equity of 8.47% and a net margin of 6.43%. The company’s revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.88 earnings per share. As a group, research analysts forecast that Exelon Co. will post 3.14 earnings per share for the current year.

EXC has been the subject of a number of analyst reports. Barclays reiterated a “buy” rating and set a $54.00 price target on shares of Exelon in a research report on Thursday, September 26th. Argus reiterated a “buy” rating and set a $53.00 price target on shares of Exelon in a research report on Wednesday, September 18th. Credit Suisse Group reduced their price target on Exelon from $51.00 to $50.00 and set an “outperform” rating for the company in a research report on Friday, October 18th. Wells Fargo & Co set a $54.00 price target on Exelon and gave the stock a “buy” rating in a research report on Friday, November 1st. Finally, Mizuho reduced their price target on Exelon from $49.00 to $47.00 and set a “neutral” rating for the company in a research report on Wednesday, October 16th. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $52.25.

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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