Exelon Co. (NASDAQ:EXC) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its holdings in Exelon Co. (NASDAQ:EXC) by 20.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,624,805 shares of the company’s stock after buying an additional 279,827 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Exelon were worth $61,158,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of EXC. American National Bank & Trust raised its holdings in Exelon by 178.8% in the 3rd quarter. American National Bank & Trust now owns 697 shares of the company’s stock valued at $28,000 after acquiring an additional 447 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in shares of Exelon in the third quarter valued at approximately $32,000. Versant Capital Management Inc lifted its position in Exelon by 56.7% during the fourth quarter. Versant Capital Management Inc now owns 1,047 shares of the company’s stock worth $39,000 after buying an additional 379 shares in the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in Exelon in the 2nd quarter valued at $57,000. Finally, UMB Bank n.a. increased its stake in shares of Exelon by 92.7% in the 3rd quarter. UMB Bank n.a. now owns 1,528 shares of the company’s stock worth $62,000 after acquiring an additional 735 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Price Performance

EXC opened at $39.57 on Thursday. The stock’s 50-day moving average price is $38.16 and its 200 day moving average price is $38.49. Exelon Co. has a 12-month low of $33.35 and a 12-month high of $41.19. The firm has a market cap of $39.76 billion, a price-to-earnings ratio of 16.28, a PEG ratio of 2.61 and a beta of 0.55. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.66.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.67 by $0.04. Exelon had a net margin of 10.60% and a return on equity of 9.47%. The business had revenue of $6.15 billion during the quarter, compared to analyst estimates of $5.85 billion. During the same quarter last year, the firm posted $0.67 earnings per share. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. As a group, sell-side analysts expect that Exelon Co. will post 2.46 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on EXC shares. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Morgan Stanley dropped their price target on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a research note on Friday, November 22nd. Barclays cut their price target on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a report on Wednesday, January 22nd. Scotiabank upped their price objective on Exelon from $40.00 to $42.00 and gave the company a “sector perform” rating in a report on Thursday, December 12th. Finally, Evercore ISI raised Exelon from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $43.00 to $44.00 in a research note on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.13.

Exelon Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.