Weather Gauge Advisory LLC raised its holdings in shares of Exelon Co. (NYSE:EXC) by 2.3% in the first quarter, HoldingsChannel reports. The firm owned 47,243 shares of the energy giant’s stock after purchasing an additional 1,063 shares during the period. Exelon comprises 2.3% of Weather Gauge Advisory LLC’s portfolio, making the stock its 14th largest holding. Weather Gauge Advisory LLC’s holdings in Exelon were worth $2,368,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Oregon Public Employees Retirement Fund increased its position in shares of Exelon by 4,439.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 23,185,910 shares of the energy giant’s stock valued at $514,000 after acquiring an additional 22,675,097 shares in the last quarter. Norges Bank bought a new stake in Exelon in the 4th quarter worth approximately $319,596,000. BlackRock Inc. grew its position in Exelon by 4.6% in the 4th quarter. BlackRock Inc. now owns 75,231,069 shares of the energy giant’s stock worth $3,392,922,000 after purchasing an additional 3,305,035 shares during the period. Swedbank bought a new stake in Exelon in the 4th quarter worth approximately $115,816,000. Finally, Bessemer Group Inc. grew its position in Exelon by 360.7% in the 4th quarter. Bessemer Group Inc. now owns 1,778,554 shares of the energy giant’s stock worth $80,212,000 after purchasing an additional 1,392,526 shares during the period. 80.13% of the stock is owned by institutional investors and hedge funds.

Shares of Exelon stock traded up $0.49 on Monday, hitting $50.19. 4,844,190 shares of the company’s stock were exchanged, compared to its average volume of 5,366,857. The stock has a market capitalization of $48.21 billion, a PE ratio of 16.09, a P/E/G ratio of 3.89 and a beta of 0.37. Exelon Co. has a 1 year low of $38.27 and a 1 year high of $50.85. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.17 and a quick ratio of 1.02.

Exelon (NYSE:EXC) last issued its quarterly earnings results on Friday, February 8th. The energy giant reported $0.58 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.01. The business had revenue of $8.81 billion for the quarter, compared to analysts’ expectations of $6.60 billion. Exelon had a net margin of 5.58% and a return on equity of 9.18%. The company’s revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.55 EPS. As a group, research analysts anticipate that Exelon Co. will post 3.13 EPS for the current year.

In other news, EVP Joseph Nigro sold 53,800 shares of Exelon stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $49.59, for a total transaction of $2,667,942.00. Following the transaction, the executive vice president now owns 99,574 shares in the company, valued at approximately $4,937,874.66. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Paymon Aliabadi sold 17,500 shares of Exelon stock in a transaction on Tuesday, February 12th. The stock was sold at an average price of $47.88, for a total transaction of $837,900.00. Following 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 have sold a total of 88,800 shares of company stock worth $4,352,142 in the last quarter. Corporate insiders own 0.27% of the company’s stock.

A number of equities research analysts have commented on the stock. Goldman Sachs Group raised shares of Exelon from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $43.00 to $47.00 in a research report on Tuesday, April 9th. Wells Fargo & Co raised shares of Exelon from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $50.00 to $57.00 in a research report on Tuesday, April 2nd. Scotiabank reaffirmed a “buy” rating and issued a $50.00 target price on shares of Exelon in a research report on Wednesday, February 13th. SunTrust Banks reaffirmed a “hold” rating and issued a $49.00 target price on shares of Exelon in a research report on Tuesday, February 12th. Finally, Zacks Investment Research raised shares of Exelon from a “hold” rating to a “buy” rating and set a $49.00 target price for the company in a research report on Thursday, January 3rd. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $47.82.

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Exelon Company Profile

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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