SG Americas Securities LLC Cuts Stock Holdings in Exelon Co. (NASDAQ:EXC)

SG Americas Securities LLC cut its holdings in shares of Exelon Co. (NASDAQ:EXC) by 97.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,428 shares of the company’s stock after selling 410,701 shares during the quarter. SG Americas Securities LLC’s holdings in Exelon were worth $393,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Ashton Thomas Securities LLC purchased a new position in Exelon in the 3rd quarter worth approximately $32,000. Versant Capital Management Inc increased its holdings in shares of Exelon by 56.7% in the fourth quarter. Versant Capital Management Inc now owns 1,047 shares of the company’s stock valued at $39,000 after purchasing an additional 379 shares during the period. UMB Bank n.a. grew its holdings in Exelon by 92.7% during the third 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 period. Catalyst Capital Advisors LLC boosted its position in Exelon by 63.4% during the third quarter. Catalyst Capital Advisors LLC now owns 1,598 shares of the company’s stock worth $65,000 after purchasing an additional 620 shares in the last quarter. Finally, ST Germain D J Co. Inc. lifted its position in shares of Exelon by 29.5% in the third quarter. ST Germain D J Co. Inc. now owns 1,647 shares of the company’s stock valued at $67,000 after acquiring an additional 375 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the company. Barclays lowered their target price on Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a research note on Wednesday, January 22nd. Evercore ISI raised Exelon from an “in-line” rating to an “outperform” rating and raised their price target for the stock from $43.00 to $44.00 in a research report on Tuesday, January 21st. Morgan Stanley cut their price objective on Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Scotiabank boosted 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, Guggenheim upgraded Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $43.13.

Exelon Trading Up 1.4 %

Shares of EXC stock opened at $40.57 on Tuesday. The stock has a market capitalization of $40.77 billion, a price-to-earnings ratio of 16.70, a price-to-earnings-growth ratio of 2.66 and a beta of 0.55. Exelon Co. has a 12-month low of $33.35 and a 12-month high of $41.19. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.66. The stock’s 50-day moving average price is $38.22 and its 200-day moving average price is $38.57.

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.