Exelon Co. (NASDAQ:EXC) Shares Acquired by Summit Trail Advisors LLC

Summit Trail Advisors LLC boosted its position in Exelon Co. (NASDAQ:EXC) by 23.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,484 shares of the company’s stock after purchasing an additional 3,567 shares during the quarter. Summit Trail Advisors LLC’s holdings in Exelon were worth $696,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Czech National Bank boosted its position in shares of Exelon by 7.0% during the fourth quarter. Czech National Bank now owns 217,868 shares of the company’s stock worth $8,201,000 after buying an additional 14,158 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in Exelon by 20.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,624,805 shares of the company’s stock valued at $61,158,000 after acquiring an additional 279,827 shares in the last quarter. HITE Hedge Asset Management LLC raised its stake in Exelon by 431.3% during the 3rd quarter. HITE Hedge Asset Management LLC now owns 395,840 shares of the company’s stock valued at $16,051,000 after acquiring an additional 321,333 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Exelon by 2.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,446,408 shares of the company’s stock worth $261,402,000 after acquiring an additional 123,466 shares during the period. Finally, State Street Corp grew its stake in shares of Exelon by 3.7% in the third quarter. State Street Corp now owns 60,169,219 shares of the company’s stock worth $2,439,862,000 after purchasing an additional 2,156,259 shares in the last quarter. 80.92% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Exelon

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total value of $59,353.91. Following the sale, the executive vice president now owns 2,271 shares of the company’s stock, valued at $92,134.47. This trade represents a 39.18 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.10% of the stock is owned by corporate insiders.

Exelon Stock Up 1.3 %

Shares of EXC stock opened at $42.36 on Wednesday. The company has a market capitalization of $42.56 billion, a price-to-earnings ratio of 17.43, a PEG ratio of 2.74 and a beta of 0.56. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.97 and a current ratio of 1.09. The stock’s 50 day simple moving average is $38.44 and its 200 day simple moving average is $38.78. Exelon Co. has a twelve month low of $33.50 and a twelve month high of $42.46.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on EXC. Morgan Stanley cut their price objective on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Friday, November 22nd. Barclays dropped their price target on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 22nd. Evercore ISI upgraded shares of Exelon from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, Scotiabank upped their target price on Exelon from $40.00 to $42.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. 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, the company currently has a consensus rating of “Moderate Buy” and an average 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.