Exelon Co. (NASDAQ:EXC) Shares Bought by KBC Group NV

KBC Group NV increased its holdings in Exelon Co. (NASDAQ:EXC) by 122.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 329,388 shares of the company’s stock after buying an additional 181,333 shares during the period. KBC Group NV’s holdings in Exelon were worth $12,398,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of EXC. Foundations Investment Advisors LLC lifted its position in Exelon by 3.5% in the 3rd quarter. Foundations Investment Advisors LLC now owns 7,533 shares of the company’s stock valued at $305,000 after purchasing an additional 255 shares during the last quarter. Harbor Capital Advisors Inc. grew its holdings in Exelon by 1.0% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 28,392 shares of the company’s stock worth $1,151,000 after buying an additional 274 shares in the last quarter. Rosenberg Matthew Hamilton increased its position in Exelon by 12.6% in the 4th quarter. Rosenberg Matthew Hamilton now owns 2,457 shares of the company’s stock valued at $92,000 after acquiring an additional 275 shares during the period. Ballentine Partners LLC raised its stake in Exelon by 2.1% during the 3rd quarter. Ballentine Partners LLC now owns 13,922 shares of the company’s stock valued at $565,000 after acquiring an additional 285 shares in the last quarter. Finally, Wesbanco Bank Inc. boosted its position in Exelon by 3.1% during the 4th quarter. Wesbanco Bank Inc. now owns 9,951 shares of the company’s stock worth $375,000 after acquiring an additional 296 shares during the period. Institutional investors own 80.92% of the company’s stock.

Exelon Trading Down 0.6 %

Shares of NASDAQ EXC opened at $39.57 on Thursday. The firm has a market capitalization of $39.76 billion, a PE ratio of 16.28, a PEG ratio of 2.61 and a beta of 0.55. Exelon Co. has a one year low of $33.35 and a one year high of $41.19. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.66. The business has a 50-day moving average price of $38.16 and a two-hundred day moving average price of $38.49.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.04. Exelon had a net margin of 10.60% and a return on equity of 9.47%. The firm had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $5.85 billion. During the same period in the previous year, the firm posted $0.67 earnings per share. The firm’s revenue was up 2.9% on a year-over-year basis. As a group, analysts predict that Exelon Co. will post 2.46 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Exelon 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.