Union Bancaire Privee UBP SA Invests $402,000 in Exelon Co. (NASDAQ:EXC)

Union Bancaire Privee UBP SA purchased a new position in Exelon Co. (NASDAQ:EXC - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 11,294 shares of the company's stock, valued at approximately $402,000.

Several other institutional investors have also recently made changes to their positions in the business. American National Bank & Trust increased its stake in Exelon by 178.8% during the third quarter. American National Bank & Trust now owns 697 shares of the company's stock worth $28,000 after acquiring an additional 447 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in Exelon in the third quarter worth approximately $32,000. Versant Capital Management Inc increased its stake in shares of Exelon by 56.7% during the fourth quarter. Versant Capital Management Inc now owns 1,047 shares of the company's stock valued at $39,000 after buying an additional 379 shares during the period. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Exelon in the 2nd quarter worth approximately $57,000. Finally, UMB Bank n.a. boosted its position in Exelon by 92.7% during the 3rd quarter. UMB Bank n.a. now owns 1,528 shares of the company's stock valued at $62,000 after acquiring an additional 735 shares in the last quarter. Institutional investors own 80.92% of the company's stock.

Analysts Set New Price Targets

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

Exelon Stock Performance

EXC traded down $0.24 on Wednesday, reaching $39.57. The company had a trading volume of 5,795,915 shares, compared to its average volume of 6,456,154. The stock has a 50-day moving average price of $38.16 and a 200-day moving average price of $38.49. The stock has a market capitalization of $39.76 billion, a PE ratio of 16.28, a P/E/G ratio of 2.61 and a beta of 0.55. Exelon Co. has a 1 year low of $33.35 and a 1 year 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.

Exelon (NASDAQ:EXC - Get Free Report) last issued its quarterly earnings data 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. The company had revenue of $6.15 billion during the quarter, compared to analysts' expectations of $5.85 billion. Exelon had a return on equity of 9.47% and a net margin of 10.60%. The firm's revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.67 earnings per share. As a group, research analysts forecast that Exelon Co. will post 2.46 EPS for the current fiscal 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.