Resonant Capital Advisors LLC Acquires 1,229 Shares of Exelon Co. (NASDAQ:EXC)

Resonant Capital Advisors LLC raised its position in Exelon Co. (NASDAQ:EXC) by 21.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 6,953 shares of the company’s stock after buying an additional 1,229 shares during the period. Resonant Capital Advisors LLC’s holdings in Exelon were worth $262,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. NewEdge Advisors LLC increased its stake in shares of Exelon by 1.5% in the second quarter. NewEdge Advisors LLC now owns 31,654 shares of the company’s stock valued at $1,096,000 after buying an additional 455 shares during the period. Sanctuary Advisors LLC acquired a new stake in Exelon during the second quarter worth approximately $1,215,000. Czech National Bank grew its stake in Exelon by 6.9% during the third quarter. Czech National Bank now owns 203,710 shares of the company’s stock worth $8,260,000 after purchasing an additional 13,173 shares during the period. GAMMA Investing LLC grew its stake in Exelon by 29.7% during the third quarter. GAMMA Investing LLC now owns 15,778 shares of the company’s stock worth $640,000 after purchasing an additional 3,616 shares during the period. Finally, Cora Capital Advisors LLC acquired a new stake in Exelon in the third quarter valued at approximately $484,000. 80.92% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on EXC shares. Guggenheim upgraded Exelon from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Scotiabank lifted 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. Morgan Stanley dropped their price target 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. Evercore ISI raised Exelon from an “in-line” rating to an “outperform” rating and upped their price target for the company from $43.00 to $44.00 in a research report on Tuesday, January 21st. Finally, Barclays decreased their price objective on Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 22nd. Five equities 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, Exelon presently has a consensus rating of “Moderate Buy” and a consensus target price of $43.13.

Exelon Stock Up 1.4 %

EXC stock opened at $40.57 on Tuesday. Exelon Co. has a twelve month low of $33.35 and a twelve month 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 $40.77 billion, a PE ratio of 16.70, a price-to-earnings-growth ratio of 2.66 and a beta of 0.55. The business has a 50 day moving average of $38.22 and a 200 day moving average of $38.57.

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.