Exelon Co. (NYSE:EXC) CEO Calvin Butler, Jr. sold 25,000 shares of the business’s stock in a transaction dated Thursday, March 15th. The shares were sold at an average price of $37.94, for a total value of $948,500.00. Following the completion of the transaction, the chief executive officer now directly owns 19,429 shares of the company’s stock, valued at approximately $737,136.26. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
NYSE:EXC opened at $38.63 on Monday. Exelon Co. has a 12 month low of $33.30 and a 12 month high of $42.67. The company has a quick ratio of 0.94, a current ratio of 1.10 and a debt-to-equity ratio of 1.01. The company has a market cap of $37,279.07, a price-to-earnings ratio of 14.86, a PEG ratio of 2.52 and a beta of 0.16.
Exelon (NYSE:EXC) last posted its quarterly earnings data on Wednesday, February 7th. The energy giant reported $0.55 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.05). The firm had revenue of $8.38 billion for the quarter, compared to analysts’ expectations of $7.66 billion. Exelon had a return on equity of 8.35% and a net margin of 11.53%. Exelon’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.44 earnings per share. equities research analysts forecast that Exelon Co. will post 3.06 earnings per share for the current year.
Several equities analysts have recently issued reports on EXC shares. Credit Suisse Group cut Exelon to a “hold” rating and set a $42.00 price objective for the company. in a report on Wednesday, April 4th. JPMorgan Chase cut their price target on Exelon from $42.00 to $40.00 and set an “overweight” rating for the company in a research note on Wednesday, February 21st. Mizuho started coverage on Exelon in a research note on Friday, December 15th. They issued an “underperform” rating and a $36.00 price target for the company. Morgan Stanley lifted their price target on Exelon from $42.00 to $43.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 13th. Finally, Zacks Investment Research upgraded Exelon from a “hold” rating to a “buy” rating and set a $43.00 price target for the company in a research note on Wednesday, January 24th. Five analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $41.41.
Several hedge funds have recently bought and sold shares of the company. Segall Bryant & Hamill LLC grew its position in shares of Exelon by 20.5% in the third quarter. Segall Bryant & Hamill LLC now owns 7,480 shares of the energy giant’s stock valued at $282,000 after purchasing an additional 1,273 shares in the last quarter. ARGI Investment Services LLC grew its position in shares of Exelon by 2.9% in the third quarter. ARGI Investment Services LLC now owns 47,458 shares of the energy giant’s stock valued at $1,788,000 after purchasing an additional 1,343 shares in the last quarter. BKD Wealth Advisors LLC grew its position in shares of Exelon by 13.1% in the fourth quarter. BKD Wealth Advisors LLC now owns 11,694 shares of the energy giant’s stock valued at $461,000 after purchasing an additional 1,354 shares in the last quarter. Fieldpoint Private Securities LLC grew its position in shares of Exelon by 15.0% in the fourth quarter. Fieldpoint Private Securities LLC now owns 10,425 shares of the energy giant’s stock valued at $411,000 after purchasing an additional 1,360 shares in the last quarter. Finally, OLD Second National Bank of Aurora grew its position in shares of Exelon by 29.6% in the fourth quarter. OLD Second National Bank of Aurora now owns 6,125 shares of the energy giant’s stock valued at $241,000 after purchasing an additional 1,400 shares in the last quarter. Institutional investors and hedge funds own 78.09% of the company’s stock.
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Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.
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