Colette D. Honorable Sells 1,463 Shares of Exelon Co. (NASDAQ:EXC) Stock

Exelon Co. (NASDAQ:EXC) EVP Colette D. Honorable sold 1,463 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total transaction of $59,353.91. Following the transaction, the executive vice president now owns 2,271 shares in the company, valued at approximately $92,134.47. The trade was a 39.18 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Exelon Trading Up 1.2 %

NASDAQ EXC opened at $41.04 on Thursday. Exelon Co. has a twelve month low of $33.35 and a twelve month high of $41.26. The business’s fifty day moving average is $38.27 and its 200 day moving average is $38.63. 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 company has a market cap of $41.24 billion, a price-to-earnings ratio of 16.89, a price-to-earnings-growth ratio of 2.66 and a beta of 0.56.

Institutional Trading of Exelon

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Asahi Life Asset Management CO. LTD. bought a new position in Exelon in the 4th quarter valued at approximately $374,000. Bailard Inc. increased its position in Exelon by 3.1% in the 4th quarter. Bailard Inc. now owns 15,092 shares of the company’s stock valued at $568,000 after acquiring an additional 451 shares during the period. Norden Group LLC raised its stake in shares of Exelon by 5.2% during the fourth quarter. Norden Group LLC now owns 7,227 shares of the company’s stock valued at $272,000 after acquiring an additional 358 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Exelon by 54.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 9,661 shares of the company’s stock worth $364,000 after purchasing an additional 3,409 shares during the period. Finally, Metis Global Partners LLC grew its stake in shares of Exelon by 5.4% in the fourth quarter. Metis Global Partners LLC now owns 89,989 shares of the company’s stock worth $3,387,000 after purchasing an additional 4,589 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Evercore ISI upgraded shares of Exelon from an “in-line” rating to an “outperform” rating and boosted their target price for the company from $43.00 to $44.00 in a research report on Tuesday, January 21st. Morgan Stanley lowered their price objective 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. Barclays reduced their target price on Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, January 22nd. Scotiabank boosted their price target on Exelon from $40.00 to $42.00 and gave the stock a “sector perform” rating in a report on Thursday, December 12th. Finally, Guggenheim raised Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $43.13.

Exelon Company 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.