Boyd Watterson Asset Management LLC OH Sells 1,600 Shares of Exelon Co. (EXC)

Boyd Watterson Asset Management LLC OH reduced its stake in Exelon Co. (NYSE:EXC) by 15.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,847 shares of the energy giant’s stock after selling 1,600 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Exelon were worth $349,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Andra AP fonden grew its stake in shares of Exelon by 7.8% in the third quarter. Andra AP fonden now owns 160,000 shares of the energy giant’s stock worth $6,027,000 after acquiring an additional 11,600 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in shares of Exelon by 2.0% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 544,544 shares of the energy giant’s stock worth $20,513,000 after acquiring an additional 10,516 shares during the last quarter. State of Wisconsin Investment Board grew its stake in shares of Exelon by 6.7% in the third quarter. State of Wisconsin Investment Board now owns 1,290,400 shares of the energy giant’s stock worth $48,609,000 after acquiring an additional 80,586 shares during the last quarter. Toronto Dominion Bank grew its stake in shares of Exelon by 24.2% in the second quarter. Toronto Dominion Bank now owns 1,453,732 shares of the energy giant’s stock worth $52,426,000 after acquiring an additional 283,664 shares during the last quarter. Finally, Prudential PLC lifted its holdings in shares of Exelon by 44.3% during the second quarter. Prudential PLC now owns 421,527 shares of the energy giant’s stock valued at $15,204,000 after purchasing an additional 129,368 shares in the last quarter. 77.26% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Co. (NYSE:EXC) opened at $38.41 on Friday. Exelon Co. has a 1-year low of $33.30 and a 1-year high of $42.67. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.03 and a quick ratio of 0.89. The firm has a market capitalization of $36,910.00, a PE ratio of 17.22, a price-to-earnings-growth ratio of 3.09 and a beta of 0.30.

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

A number of research analysts have recently issued reports on the company. Mizuho assumed coverage on Exelon in a report on Friday, December 15th. They set an “underperform” rating and a $36.00 price target on the stock. Morgan Stanley upped their price target on Exelon from $42.00 to $43.00 and gave the company an “equal weight” rating in a report on Wednesday, December 13th. Royal Bank of Canada reaffirmed a “buy” rating and set a $43.00 price target on shares of Exelon in a report on Tuesday, November 7th. Bank of America assumed coverage on Exelon in a report on Tuesday, October 24th. They set a “buy” rating and a $43.00 price target on the stock. Finally, Zacks Investment Research raised Exelon from a “sell” rating to a “hold” rating in a report on Friday, October 20th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. Exelon has a consensus rating of “Buy” and a consensus price target of $40.53.

In other Exelon news, Chairman Mayo A. Shattuck III sold 100,000 shares of the company’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $41.13, for a total value of $4,113,000.00. Following the completion of the sale, the chairman now owns 267,649 shares in the company, valued at $11,008,403.37. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Paymon Aliabadi sold 13,334 shares of the company’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $40.62, for a total value of $541,627.08. Following the completion of the sale, the executive vice president now owns 26,435 shares of the company’s stock, valued at approximately $1,073,789.70. The disclosure for this sale can be found here. In the last three months, insiders sold 1,287,788 shares of company stock worth $51,778,749. 0.70% of the stock is owned by corporate insiders.

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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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