The stock of Exelon Corporation (NYSE:EXC) is a huge mover today! About 3.27 million shares traded hands. Exelon Corporation (NYSE:EXC) has declined 8.54% since April 18, 2016 and is downtrending. It has underperformed by 12.97% the S&P500.
The move comes after 7 months positive chart setup for the $29.88B company. It was reported on Nov, 18 by Barchart.com. We have $40.16 PT which if reached, will make NYSE:EXC worth $8.07B more.
Exelon Corporation (NYSE:EXC) Ratings Coverage
Out of 17 analysts covering Exelon Corporation (NYSE:EXC), 10 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 59% are positive. Exelon Corporation has been the topic of 36 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Exelon Corporation (NYSE:EXC) earned “Sector Perform” rating by Howard Weil on Tuesday, November 17. The firm has “Buy” rating given on Wednesday, January 27 by Citigroup. As per Friday, September 25, the company rating was upgraded by Guggenheim. The stock of Exelon Corporation (NYSE:EXC) has “Neutral” rating given on Thursday, October 13 by UBS. The stock of Exelon Corporation (NYSE:EXC) earned “Neutral” rating by UBS on Wednesday, August 26. Deutsche Bank maintained it with “Buy” rating and $40 target price in Thursday, August 11 report. Barclays Capital initiated it with “Overweight” rating and $39 target price in Thursday, March 24 report. On Wednesday, August 31 the stock rating was maintained by Barclays Capital with “Overweight”. Goldman Sachs maintained the stock with “Neutral” rating in Monday, April 11 report. The firm earned “Sell” rating on Tuesday, February 23 by Citigroup.
According to Zacks Investment Research, “Exelon Corporation is a utility holding company. Its subsidiaries are engaged principally in the production, purchase, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers and the distribution and sale of natural gas to residential, commercial and industrial customers. Exelon is a bold, creative, accountable and committed company, with employees dedicated in their efforts to set the standards for the utility services industry.”
Insitutional Activity: The institutional sentiment increased to 1.05 in Q2 2016. Its up 0.09, from 0.96 in 2016Q1. The ratio improved, as 56 funds sold all Exelon Corporation shares owned while 256 reduced positions. 66 funds bought stakes while 235 increased positions. They now own 673.21 million shares or 2.78% less from 692.44 million shares in 2016Q1.
Natl Bank last reported 10,629 shares in the company. Ww Asset last reported 98,187 shares in the company. Guardian Capital Ltd Partnership holds 0% of its portfolio in Exelon Corporation (NYSE:EXC) for 6,663 shares. Hancock Holdg holds 0.68% of its portfolio in Exelon Corporation (NYSE:EXC) for 450,557 shares. Bessemer Grp, a New Jersey-based fund reported 5,506 shares. Covington Investment Advsr has invested 0.58% of its portfolio in Exelon Corporation (NYSE:EXC). First Savings Bank Na holds 7,390 shares or 0.05% of its portfolio. Mai Capital owns 49,586 shares or 0.14% of their US portfolio. Brown Advisory holds 0% of its portfolio in Exelon Corporation (NYSE:EXC) for 20,070 shares. Old Second Comml Bank Of Aurora has 8,154 shares for 0.14% of their US portfolio. Moreover, Employees Retirement System Of Texas has 0.08% invested in Exelon Corporation (NYSE:EXC) for 168,000 shares. Smithfield Trust accumulated 100 shares or 0% of the stock. Advisory Ser Net Limited Liability Company owns 860 shares or 0.01% of their US portfolio. Joel Isaacson Limited Liability reported 557 shares or 0% of all its holdings. Aperio Grp Inc Ltd Liability Company last reported 556,207 shares in the company.
Insider Transactions: Since July 15, 2016, the stock had 0 buys, and 2 selling transactions for $1.32 million net activity. $224,105 worth of Exelon Corporation (NYSE:EXC) was sold by BUTLER CALVIN JR on Thursday, September 22. On Friday, July 15 Cornew Kenneth W. sold $1.09M worth of the stock or 30,000 shares.
EXC Company Profile
Exelon Corporation, incorporated on February 4, 1999, is a utility services holding company. The Firm operates through its subsidiaries, Exelon Generation Company, LLC (Generation), Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), and Baltimore Gas and Electric Company (BGE). The Firm operates through nine divisions consisting of Generation’s six power marketing divisions, including Mid-Atlantic, Midwest, New England, New York, ERCOT and other regions in Generation; ComEd; PECO, and BGE.
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