Wilmington Savings Fund Society FSB Raises Stake in Exelon Co. (NASDAQ:EXC)

Wilmington Savings Fund Society FSB lifted its position in shares of Exelon Co. (NASDAQ:EXC) by 6.4% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 9,857 shares of the company’s stock after buying an additional 596 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Exelon were worth $371,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Stephens Consulting LLC increased its stake in shares of Exelon by 78.1% during the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after acquiring an additional 343 shares during the last quarter. Brown Lisle Cummings Inc. purchased a new stake in Exelon in the fourth quarter valued at approximately $30,000. Ashton Thomas Securities LLC purchased a new stake in Exelon in the third quarter valued at approximately $32,000. Crews Bank & Trust acquired a new position in Exelon during the fourth quarter worth approximately $34,000. Finally, Versant Capital Management Inc raised its stake in Exelon by 56.7% during the fourth quarter. Versant Capital Management Inc now owns 1,047 shares of the company’s stock worth $39,000 after purchasing an additional 379 shares during the period. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Performance

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

Insider Transactions at Exelon

In other news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $40.57, for a total transaction of $59,353.91. Following the sale, the executive vice president now directly owns 2,271 shares of the company’s stock, valued at approximately $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on EXC shares. Barclays lowered their price objective on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a research note on Wednesday, January 22nd. Guggenheim raised Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Evercore ISI upgraded Exelon from an “in-line” rating to an “outperform” rating and raised their price objective for the stock from $43.00 to $44.00 in a report on Tuesday, January 21st. Morgan Stanley decreased their target price on Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. Finally, Scotiabank increased their target price on shares of Exelon from $40.00 to $42.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock 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.