KBC Group NV Has $12.40 Million Stock Position in Exelon Co. (NASDAQ:EXC)

KBC Group NV increased its holdings in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 122.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 329,388 shares of the company's stock after purchasing an additional 181,333 shares during the quarter. KBC Group NV's holdings in Exelon were worth $12,398,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Foundations Investment Advisors LLC grew 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. grew its position in Exelon by 1.0% in the third quarter. Harbor Capital Advisors Inc. now owns 28,392 shares of the company's stock valued at $1,151,000 after purchasing an additional 274 shares in the last quarter. Rosenberg Matthew Hamilton increased its stake in Exelon by 12.6% in the 4th quarter. Rosenberg Matthew Hamilton now owns 2,457 shares of the company's stock valued at $92,000 after buying an additional 275 shares during the last quarter. Ballentine Partners LLC lifted its position in Exelon by 2.1% during the 3rd quarter. Ballentine Partners LLC now owns 13,922 shares of the company's stock worth $565,000 after buying an additional 285 shares in the last quarter. Finally, Wesbanco Bank Inc. boosted its stake in shares of Exelon by 3.1% during the 4th 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. Institutional investors own 80.92% of the company's stock.

Analyst Ratings Changes

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

Exelon Stock Performance

EXC stock traded up $0.53 during mid-day trading on Thursday, hitting $40.10. 2,605,524 shares of the company were exchanged, compared to its average volume of 6,249,975. Exelon Co. has a 1-year low of $33.35 and a 1-year high of $41.19. The business has a 50 day simple moving average of $38.18 and a 200-day simple moving average of $38.49. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.66. The stock has a market capitalization of $40.29 billion, a PE ratio of 16.50, a price-to-earnings-growth ratio of 2.61 and a beta of 0.55.

Exelon (NASDAQ:EXC - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.04. Exelon had a return on equity of 9.47% and a net margin of 10.60%. The firm had revenue of $6.15 billion for the quarter, compared to analysts' expectations of $5.85 billion. During the same quarter last year, the business earned $0.67 EPS. The company's quarterly revenue was up 2.9% compared to the same quarter last year. On average, equities analysts forecast that Exelon Co. will post 2.46 earnings per share for the current year.

Exelon Profile

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.