Robeco Institutional Asset Management B.V. grew its holdings in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 20.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,624,805 shares of the company's stock after purchasing an additional 279,827 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.16% of Exelon worth $61,158,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the stock. American National Bank & Trust raised its holdings in Exelon by 178.8% during the 3rd quarter. American National Bank & Trust now owns 697 shares of the company's stock worth $28,000 after buying an additional 447 shares during the period. Ashton Thomas Securities LLC purchased a new position in Exelon during the 3rd quarter worth approximately $32,000. Versant Capital Management Inc raised its stake in Exelon by 56.7% during the 4th quarter. Versant Capital Management Inc now owns 1,047 shares of the company's stock valued at $39,000 after purchasing an additional 379 shares during the period. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Exelon in the second quarter worth $57,000. Finally, UMB Bank n.a. grew its holdings in shares of Exelon by 92.7% during the third quarter. UMB Bank n.a. now owns 1,528 shares of the company's stock valued at $62,000 after buying an additional 735 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company's stock.
Analyst Ratings Changes
EXC has been the subject of a number of research reports. Scotiabank raised their price objective 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 lowered their price objective on shares of Exelon from $46.00 to $44.00 and set an "equal weight" rating on the stock in a research report on Friday, November 22nd. Barclays cut their target price on shares of Exelon from $44.00 to $42.00 and set an "overweight" rating for the company in a research report on Wednesday, January 22nd. Evercore ISI upgraded shares of Exelon from an "in-line" rating to an "outperform" rating and boosted their price target for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Finally, Guggenheim upgraded Exelon from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $43.13.
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Exelon Stock Performance
NASDAQ EXC traded up $0.46 during trading on Thursday, hitting $40.03. The company's stock had a trading volume of 1,400,167 shares, compared to its average volume of 6,172,613. Exelon Co. has a 52 week low of $33.35 and a 52 week high of $41.19. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.66. The firm has a market cap of $40.22 billion, a P/E ratio of 16.47, a price-to-earnings-growth ratio of 2.61 and a beta of 0.55. The firm has a 50 day moving average price of $38.18 and a 200 day moving average price of $38.49.
Exelon (NASDAQ:EXC - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.71 EPS for the quarter, beating analysts' consensus estimates of $0.67 by $0.04. Exelon had a net margin of 10.60% and a return on equity of 9.47%. The business had revenue of $6.15 billion during the quarter, compared to analyst estimates of $5.85 billion. During the same quarter in the prior year, the business earned $0.67 earnings per share. The firm's revenue for the quarter was up 2.9% on a year-over-year basis. Equities research analysts forecast that Exelon Co. will post 2.46 earnings per share for the current fiscal year.
Exelon Company Profile
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Free Report)
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.
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