November 25, 2016 - By Marguerite Chambers · 0 Comments
Exelon Corp (NYSE:EXC) institutional sentiment increased to 1.05 in 2016 Q2. Its up 0.09, from 0.96 in 2016Q1. The ratio increased, as 301 institutional investors started new and increased holdings, while 312 sold and reduced their stock positions in Exelon Corp. The institutional investors in our partner’s database now own: 673.21 million shares, down from 692.44 million shares in 2016Q1. Also, the number of institutional investors holding Exelon Corp in their top 10 holdings increased from 7 to 8 for an increase of 1. Sold All: 56 Reduced: 256 Increased: 235 New Position: 66.
Exelon Corporation is a utility services holding company. The company has a market cap of $30.02 billion. The Firm operates through nine divisions consisting of Exelon Generation Company, LLC’s six power marketing divisions, including Mid-Atlantic, Midwest, New England, New York, ERCOT and other regions; Commonwealth Edison Company (ComEd); PECO Energy Company (PECO), and Baltimore Gas and Electric Company (BGE). It has a 24.35 P/E ratio. The Company’s Generation segment consists of generation, physical delivery and marketing of power across geographical regions.
About 132,755 shares traded hands. Exelon Corporation (NYSE:EXC) has declined 5.22% since April 22, 2016 and is downtrending. It has underperformed by 10.63% the S&P500.
Analysts await Exelon Corporation (NYSE:EXC) to report earnings on February, 1. They expect $0.44 earnings per share, up 15.79% or $0.06 from last year’s $0.38 per share. EXC’s profit will be $404.34M for 18.58 P/E if the $0.44 EPS becomes a reality. After $0.91 actual earnings per share reported by Exelon Corporation for the previous quarter, Wall Street now forecasts -51.65% negative EPS growth.
According to Zacks Investment Research, “Exelon Corporation is a utility holding company. Its subsidiaries are engaged principally in the production, purchase, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers and the distribution and sale of natural gas to residential, commercial and industrial customers. Exelon is a bold, creative, accountable and committed company, with employees dedicated in their efforts to set the standards for the utility services industry.”
Teilinger Capital Ltd. holds 84.48% of its portfolio in Exelon Corporation for 367,150 shares. Vega Energy Gp Llc owns 925,100 shares or 27.39% of their US portfolio. Moreover, Edgar Lomax Co Va has 5.15% invested in the company for 2.26 million shares. The Georgia-based Equity Investment Corp Ga has invested 4.78% in the stock. Lesa Sroufe & Co, a Washington-based fund reported 113,650 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 2 insider sales for $1.32 million net activity.
Ratings analysis reveals 65% of Exelon Corporation’s analysts are positive. Out of 17 Wall Street analysts rating Exelon Corporation, 11 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $27 while the high is $40. The stock’s average target of $35.53 is 8.75% above today’s ($32.67) share price. EXC was included in 37 notes of analysts from July 21, 2015. The stock has “Sector Perform” rating given by Howard Weil on Tuesday, November 17. Deutsche Bank maintained the shares of EXC in a report on Thursday, February 4 with “Buy” rating. UBS maintained the shares of EXC in a report on Thursday, October 13 with “Neutral” rating. The firm has “Sell” rating given on Friday, September 18 by Citigroup. Citigroup maintained the stock with “Sell” rating in Wednesday, July 20 report. The rating was upgraded by Deutsche Bank on Friday, July 22 to “Buy”. Barclays Capital initiated it with “Overweight” rating and $39 target price in Thursday, March 24 report. The stock of Exelon Corporation (NYSE:EXC) earned “Peer Perform” rating by Wolfe Research on Thursday, March 24. As per Tuesday, August 16, the company rating was maintained by JP Morgan. Deutsche Bank maintained Exelon Corporation (NYSE:EXC) on Thursday, August 11 with “Buy” rating.
Exelon Corporation, incorporated on February 4, 1999, is a utility services holding company. The Firm operates through its subsidiaries, Exelon Generation Company, LLC (Generation), Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), and Baltimore Gas and Electric Company (BGE). The Firm operates through nine divisions consisting of Generation’s six power marketing divisions, including Mid-Atlantic, Midwest, New England, New York, ERCOT and other regions in Generation; ComEd; PECO, and BGE.
Another recent and important Exelon Corporation (NYSE:EXC) news was published by Businesswire.com which published an article titled: “ICF Awarded Approximately $110 Million in Contracts by Exelon Corporation” on November 21, 2016.
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By Marguerite Chambers