Stratos Wealth Partners LTD. Purchases 311 Shares of Exelon Co. (NASDAQ:EXC)

Stratos Wealth Partners LTD. grew its position in shares of Exelon Co. (NASDAQ:EXC) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,505 shares of the company’s stock after purchasing an additional 311 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Exelon were worth $697,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp increased its stake in shares of Exelon by 3.7% in the 3rd quarter. State Street Corp now owns 60,169,219 shares of the company’s stock valued at $2,439,862,000 after acquiring an additional 2,156,259 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Exelon by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 25,945,791 shares of the company’s stock valued at $1,048,823,000 after acquiring an additional 403,542 shares in the last quarter. FMR LLC increased its stake in shares of Exelon by 18.7% in the 3rd quarter. FMR LLC now owns 11,782,549 shares of the company’s stock valued at $477,782,000 after acquiring an additional 1,858,502 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Exelon by 1.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,967,343 shares of the company’s stock valued at $363,626,000 after purchasing an additional 160,313 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Exelon by 2.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,446,408 shares of the company’s stock valued at $261,402,000 after purchasing an additional 123,466 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Trading Up 1.2 %

Shares of EXC opened at $41.80 on Tuesday. The business’s 50-day moving average price is $38.37 and its 200-day moving average price is $38.74. Exelon Co. has a twelve month low of $33.50 and a twelve month high of $41.88. The stock has a market cap of $42.00 billion, a PE ratio of 17.20, a P/E/G ratio of 2.74 and a beta of 0.56. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.66.

Analysts Set New Price Targets

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

Insider Activity

In related news, EVP Colette D. Honorable sold 1,463 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total value of $59,353.91. Following the transaction, the executive vice president now directly owns 2,271 shares in the company, valued at approximately $92,134.47. This represents a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.10% of the company’s stock.

Exelon Company 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.