Greenup Street Wealth Management LLC Invests $2.27 Million in Exelon Co. (NASDAQ:EXC)

Greenup Street Wealth Management LLC purchased a new position in shares of Exelon Co. (NASDAQ:EXC - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 60,408 shares of the company's stock, valued at approximately $2,274,000.

A number of other hedge funds also recently modified their holdings of the business. American National Bank & Trust grew its position in Exelon by 178.8% in the third quarter. American National Bank & Trust now owns 697 shares of the company's stock valued at $28,000 after purchasing an additional 447 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of Exelon during the 3rd quarter worth approximately $32,000. Versant Capital Management Inc raised its stake in shares of Exelon by 56.7% during the 4th quarter. Versant Capital Management Inc now owns 1,047 shares of the company's stock worth $39,000 after purchasing an additional 379 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new stake in Exelon in the second quarter valued at $57,000. Finally, UMB Bank n.a. lifted its stake in Exelon by 92.7% in the 3rd quarter. UMB Bank n.a. now owns 1,528 shares of the company's stock valued at $62,000 after purchasing an additional 735 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company's stock.

Exelon Stock Down 1.8 %

Shares of NASDAQ EXC traded down $0.74 during trading on Tuesday, hitting $39.96. The stock had a trading volume of 4,854,873 shares, compared to its average volume of 6,201,323. The firm has a fifty day moving average of $38.15 and a two-hundred day moving average of $38.45. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.97. Exelon Co. has a 12 month low of $33.35 and a 12 month high of $41.19. The company has a market capitalization of $40.15 billion, a PE ratio of 16.44, a PEG ratio of 2.61 and a beta of 0.55.

Exelon (NASDAQ:EXC - Get Free Report) last posted its earnings results on Wednesday, October 30th. The company reported $0.71 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.04. Exelon had a return on equity of 9.47% and a net margin of 10.60%. 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 previous year, the firm earned $0.67 EPS. The company's quarterly revenue was up 2.9% compared to the same quarter last year. As a group, equities research analysts forecast that Exelon Co. will post 2.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

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.