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

Exelon Co. (NASDAQ:EXC) EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the completion of the transaction, 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Exelon Trading Down 0.1 %

Shares of EXC opened at $40.54 on Wednesday. Exelon Co. has a 52-week low of $33.35 and a 52-week high of $41.19. The stock has a market cap of $40.74 billion, a PE ratio of 16.68, a price-to-earnings-growth ratio of 2.66 and a beta of 0.56. The firm’s fifty day moving average is $38.25 and its two-hundred day moving average is $38.60. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.66.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Exelon

A number of institutional investors and hedge funds have recently bought and sold shares of EXC. Stephens Consulting LLC grew its holdings in Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after buying an additional 343 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of Exelon during the 3rd quarter valued at about $32,000. Brown Lisle Cummings Inc. purchased a new stake in shares of Exelon in the fourth quarter valued at about $30,000. Crews Bank & Trust acquired a new stake in Exelon during the fourth quarter worth about $34,000. Finally, Capital Advisors Ltd. LLC raised its stake in Exelon by 119.6% during the fourth quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock worth $35,000 after purchasing an additional 513 shares during the period. 80.92% of the stock is currently owned by institutional investors and hedge funds.

About Exelon

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.