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

Exelon Co. (NASDAQ:EXC) EVP Colette D. Honorable sold 1,463 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total value of $59,353.91. Following the completion of the transaction, the executive vice president now directly owns 2,271 shares in the company, valued at $92,134.47. This represents a 39.18 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Exelon Stock Performance

Shares of EXC opened at $41.12 on Friday. Exelon Co. has a 52 week low of $33.35 and a 52 week high of $41.26. 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 company has a market capitalization of $41.32 billion, a PE ratio of 16.92, a PEG ratio of 2.66 and a beta of 0.56. The company’s 50 day moving average price is $38.30 and its 200 day moving average price is $38.65.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on EXC. Scotiabank lifted their target price 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 cut their price objective on Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. Evercore ISI upgraded shares of Exelon from an “in-line” rating to an “outperform” rating and raised their target price for the stock 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 report on Thursday, January 23rd. Finally, Barclays decreased 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. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $43.13.

Institutional Trading of Exelon

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

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.