CENTRAL TRUST Co Buys 600 Shares of Exelon Co. (NASDAQ:EXC)

CENTRAL TRUST Co boosted its stake in shares of Exelon Co. (NASDAQ:EXC) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,401 shares of the company’s stock after purchasing an additional 600 shares during the period. CENTRAL TRUST Co’s holdings in Exelon were worth $391,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EXC. U.S. Capital Wealth Advisors LLC purchased a new stake in Exelon during the fourth quarter valued at approximately $235,000. Greenleaf Trust increased its holdings in Exelon by 4.5% during the fourth quarter. Greenleaf Trust now owns 20,802 shares of the company’s stock valued at $783,000 after buying an additional 889 shares during the last quarter. Avantra Family Wealth Inc. purchased a new stake in Exelon during the fourth quarter valued at approximately $340,000. Tokio Marine Asset Management Co. Ltd. increased its holdings in Exelon by 1.8% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 41,988 shares of the company’s stock valued at $1,580,000 after buying an additional 727 shares during the last quarter. Finally, Abundance Wealth Counselors increased its holdings in Exelon by 6.4% during the fourth quarter. Abundance Wealth Counselors now owns 46,674 shares of the company’s stock valued at $1,757,000 after buying an additional 2,823 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Insider Buying and Selling at Exelon

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the 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 owns 2,271 shares in the company, valued at $92,134.47. This trade represents a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.10% of the stock is owned by company insiders.

Exelon Stock Performance

EXC opened at $40.54 on Wednesday. The stock has a market capitalization of $40.74 billion, a price-to-earnings ratio of 16.68, a PEG ratio of 2.66 and a beta of 0.56. The company has a fifty day moving average of $38.25 and a 200 day moving average of $38.60. Exelon Co. has a fifty-two week low of $33.35 and a fifty-two week high of $41.19. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.97 and a current ratio of 1.09.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on EXC. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Scotiabank increased their price objective on shares of Exelon from $40.00 to $42.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 12th. Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $43.00 to $44.00 in a research note on Tuesday, January 21st. Morgan Stanley reduced their price objective 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. Finally, Barclays reduced 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 research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus 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.