Exelon Co. (NASDAQ:EXC) Shares Purchased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC grew its stake in shares of Exelon Co. (NASDAQ:EXC) by 14.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 20,181 shares of the company’s stock after acquiring an additional 2,541 shares during the period. Chicago Partners Investment Group LLC’s holdings in Exelon were worth $771,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Ashton Thomas Securities LLC purchased a new stake in shares of Exelon in the 3rd quarter valued at approximately $32,000. Crews Bank & Trust purchased a new stake in shares of Exelon in the fourth quarter valued at $34,000. Versant Capital Management Inc boosted its position in shares of Exelon by 56.7% in the fourth quarter. Versant Capital Management Inc now owns 1,047 shares of the company’s stock worth $39,000 after buying an additional 379 shares during the period. UMB Bank n.a. raised its position in Exelon by 92.7% during the third quarter. UMB Bank n.a. now owns 1,528 shares of the company’s stock valued at $62,000 after buying an additional 735 shares during the period. Finally, Catalyst Capital Advisors LLC lifted its stake in Exelon by 63.4% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 1,598 shares of the company’s stock worth $65,000 after acquiring an additional 620 shares in the last quarter. 80.92% of the stock is owned by institutional investors.

Exelon Price Performance

NASDAQ EXC opened at $40.00 on Monday. Exelon Co. has a fifty-two week low of $33.35 and a fifty-two week high of $41.19. The stock’s 50-day moving average is $38.22 and its two-hundred day moving average is $38.56. The firm has a market cap of $40.19 billion, a P/E ratio of 16.46, a price-to-earnings-growth ratio of 2.63 and a beta of 0.55. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.97.

Analyst Upgrades and Downgrades

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