SG Americas Securities LLC Lowers Stock Position in Exelon Co. (NASDAQ:EXC)

SG Americas Securities LLC reduced its position in Exelon Co. (NASDAQ:EXC) by 97.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,428 shares of the company’s stock after selling 410,701 shares during the period. SG Americas Securities LLC’s holdings in Exelon were worth $393,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new stake in shares of Exelon in the 3rd quarter valued at approximately $32,000. Versant Capital Management Inc raised its stake 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 worth $39,000 after acquiring an additional 379 shares during the last quarter. UMB Bank n.a. grew its position in shares of Exelon by 92.7% during the 3rd quarter. UMB Bank n.a. now owns 1,528 shares of the company’s stock worth $62,000 after buying an additional 735 shares during the period. Catalyst Capital Advisors LLC grew its holdings in Exelon by 63.4% during the third quarter. Catalyst Capital Advisors LLC now owns 1,598 shares of the company’s stock valued at $65,000 after purchasing an additional 620 shares during the period. 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 worth $67,000 after purchasing an additional 375 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Trading Up 1.4 %

Exelon stock opened at $40.57 on Tuesday. The stock has a market cap of $40.77 billion, a P/E ratio of 16.70, a P/E/G 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’s fifty day simple moving average is $38.22 and its 200-day simple moving average is $38.57. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.66.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Barclays lowered their price target on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, January 22nd. Evercore ISI raised Exelon from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $43.00 to $44.00 in a research note on Tuesday, January 21st. Morgan Stanley lowered their price objective on Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. Finally, Scotiabank boosted their price target on Exelon from $40.00 to $42.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Exelon has an average rating of “Moderate Buy” and an average 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.