Tobam Trims Position in Exelon Co. (NASDAQ:EXC)

Tobam trimmed its position in Exelon Co. (NASDAQ:EXC) by 22.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,341 shares of the company’s stock after selling 685 shares during the period. Tobam’s holdings in Exelon were worth $88,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Stephens Consulting LLC lifted its position in Exelon by 78.1% during the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after purchasing an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. purchased a new position in shares of Exelon during the 4th quarter valued at about $30,000. Ashton Thomas Securities LLC purchased a new position in shares of Exelon during the 3rd quarter valued at about $32,000. Crews Bank & Trust bought a new position in shares of Exelon during the 4th quarter valued at approximately $34,000. Finally, Versant Capital Management Inc increased its holdings in Exelon by 56.7% in the 4th quarter. Versant Capital Management Inc now owns 1,047 shares of the company’s stock worth $39,000 after acquiring an additional 379 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Insider Activity at Exelon

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the business’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 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 $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 SEC, which is available through this link. 0.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Evercore ISI upgraded shares of Exelon from an “in-line” rating to an “outperform” rating and upped their price target for the stock from $43.00 to $44.00 in a research report on Tuesday, January 21st. Guggenheim upgraded Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Scotiabank boosted their price objective on Exelon from $40.00 to $42.00 and gave the company a “sector perform” rating in a research report on Thursday, December 12th. Barclays cut their target price on Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a research report on Wednesday, January 22nd. Finally, Morgan Stanley lowered their price target on Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $43.13.

Exelon Stock Performance

NASDAQ:EXC opened at $41.31 on Friday. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.97. The company has a market cap of $41.51 billion, a price-to-earnings ratio of 17.00, a PEG ratio of 2.66 and a beta of 0.56. Exelon Co. has a 1 year low of $33.35 and a 1 year high of $41.47. The stock’s 50 day simple moving average is $38.33 and its two-hundred day simple moving average is $38.67.

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.