Exelon Co. (EXC) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in Exelon Co. (NYSE:EXC) by 0.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,694,780 shares of the energy giant’s stock after purchasing an additional 14,665 shares during the period. Dimensional Fund Advisors LP owned about 0.18% of Exelon worth $63,838,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Andra AP fonden grew its position in Exelon by 7.8% in the 3rd quarter. Andra AP fonden now owns 160,000 shares of the energy giant’s stock worth $6,027,000 after purchasing an additional 11,600 shares during the last quarter. Calamos Advisors LLC grew its position in Exelon by 667.0% in the 2nd quarter. Calamos Advisors LLC now owns 714,316 shares of the energy giant’s stock worth $25,765,000 after purchasing an additional 621,188 shares during the last quarter. State of Wisconsin Investment Board grew its position in Exelon by 6.7% in the 3rd quarter. State of Wisconsin Investment Board now owns 1,290,400 shares of the energy giant’s stock worth $48,609,000 after purchasing an additional 80,586 shares during the last quarter. Toronto Dominion Bank grew its position in Exelon by 24.2% in the 2nd quarter. Toronto Dominion Bank now owns 1,453,732 shares of the energy giant’s stock worth $52,426,000 after purchasing an additional 283,664 shares during the last quarter. Finally, CI Global Investments Inc. acquired a new stake in Exelon in the 2nd quarter worth $136,723,000. Institutional investors own 77.26% of the company’s stock.

In related news, Chairman Mayo A. Shattuck III sold 379,337 shares of Exelon stock in a transaction dated Wednesday, October 25th. The shares were sold at an average price of $40.05, for a total transaction of $15,192,446.85. Following the completion of the transaction, the chairman now directly owns 746,986 shares of the company’s stock, valued at approximately $29,916,789.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Mayo A. Shattuck III sold 567,070 shares of Exelon stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $40.12, for a total transaction of $22,750,848.40. Following the transaction, the chairman now directly owns 746,986 shares of the company’s stock, valued at $29,969,078.32. The disclosure for this sale can be found here. Insiders have sold a total of 1,287,788 shares of company stock valued at $51,778,749 over the last three months. 0.70% of the stock is currently owned by insiders.

EXC has been the topic of several research analyst reports. Morgan Stanley raised their price target on shares of Exelon from $37.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Friday, September 8th. ValuEngine upgraded shares of Exelon from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Zacks Investment Research lowered shares of Exelon from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. Goldman Sachs Group lowered shares of Exelon from a “neutral” rating to a “sell” rating and set a $35.00 target price on the stock. in a research report on Wednesday, October 11th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Exelon from $40.00 to $42.00 and gave the company an “overweight” rating in a research report on Thursday, October 12th. Two analysts have rated the stock with a sell rating, four have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Exelon presently has an average rating of “Buy” and an average target price of $40.53.

Shares of Exelon Co. (NYSE:EXC) opened at $39.41 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.89 and a debt-to-equity ratio of 1.06. Exelon Co. has a 12-month low of $33.30 and a 12-month high of $42.67. The firm has a market cap of $37,837.07, a PE ratio of 15.89, a PEG ratio of 3.43 and a beta of 0.30.

Exelon (NYSE:EXC) last issued its earnings results on Thursday, November 2nd. The energy giant reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.01). Exelon had a net margin of 6.59% and a return on equity of 8.19%. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $8.58 billion. During the same quarter last year, the firm posted $0.91 earnings per share. Exelon’s revenue was down 2.6% on a year-over-year basis. analysts anticipate that Exelon Co. will post 2.65 earnings per share for the current year.

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About Exelon

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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Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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