Northpointe Capital LLC Boosts Stake in Exelon Co. (EXC)

Northpointe Capital LLC lifted its position in Exelon Co. (NYSE:EXC) by 7.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 101,343 shares of the energy giant’s stock after buying an additional 7,332 shares during the period. Exelon makes up 1.6% of Northpointe Capital LLC’s holdings, making the stock its 17th largest position. Northpointe Capital LLC’s holdings in Exelon were worth $5,080,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. First Bank & Trust acquired a new stake in shares of Exelon during the first quarter worth $25,000. Moody National Bank Trust Division acquired a new stake in shares of Exelon during the fourth quarter worth $26,000. Csenge Advisory Group acquired a new stake in shares of Exelon during the third quarter worth $26,000. Braun Bostich & Associates Inc. raised its position in shares of Exelon by 51.7% during the fourth quarter. Braun Bostich & Associates Inc. now owns 613 shares of the energy giant’s stock worth $28,000 after purchasing an additional 209 shares during the period. Finally, Capital Financial Planning LLC acquired a new stake in shares of Exelon during the fourth quarter worth $29,000. 80.19% of the stock is currently owned by institutional investors.

NYSE:EXC traded down $0.22 during trading hours on Wednesday, hitting $48.98. 108,715 shares of the company’s stock traded hands, compared to its average volume of 5,433,619. The firm has a market capitalization of $47.72 billion, a price-to-earnings ratio of 15.70, a PEG ratio of 3.92 and a beta of 0.37. Exelon Co. has a twelve month low of $38.40 and a twelve month high of $50.85. The company has a current ratio of 1.17, a quick ratio of 1.02 and a debt-to-equity ratio of 1.04.

Exelon (NYSE:EXC) last posted its quarterly earnings results on Friday, February 8th. The energy giant reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.01. Exelon had a return on equity of 9.18% and a net margin of 5.58%. The firm had revenue of $8.81 billion for the quarter, compared to analyst estimates of $6.60 billion. During the same period in the previous year, the firm earned $0.55 earnings per share. Exelon’s quarterly revenue was up 5.1% on a year-over-year basis. Equities analysts forecast that Exelon Co. will post 3.13 earnings per share for the current year.

In other Exelon news, EVP Joseph Nigro sold 53,800 shares of the business’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $49.59, for a total value of $2,667,942.00. Following the transaction, the executive vice president now owns 99,574 shares in the company, valued at $4,937,874.66. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Paymon Aliabadi sold 17,500 shares of the business’s stock in a transaction dated Tuesday, February 12th. The shares were sold at an average price of $47.88, for a total value of $837,900.00. Following the completion of the transaction, the executive vice president now owns 67,548 shares in the company, valued at approximately $3,234,198.24. The disclosure for this sale can be found here. Insiders sold 88,800 shares of company stock worth $4,352,142 in the last 90 days. Corporate insiders own 0.27% of the company’s stock.

A number of equities research analysts have recently issued reports on EXC shares. Royal Bank of Canada reaffirmed a “buy” rating and set a $51.00 target price on shares of Exelon in a research report on Wednesday, January 23rd. Zacks Investment Research raised Exelon from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a research report on Thursday, January 3rd. Scotiabank reissued a “buy” rating and set a $50.00 price target on shares of Exelon in a research report on Wednesday, February 13th. Morgan Stanley upped their price target on Exelon from $47.00 to $49.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 12th. Finally, SunTrust Banks reissued a “hold” rating and set a $49.00 price target on shares of Exelon in a research report on Tuesday, February 12th. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $47.82.

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About Exelon

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

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Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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