Entropy Technologies LP Purchases Shares of 9,725 Exelon Co. (NASDAQ:EXC)

Entropy Technologies LP purchased a new stake in Exelon Co. (NASDAQ:EXC) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 9,725 shares of the company’s stock, valued at approximately $366,000.

A number of other large investors have also recently added to or reduced their stakes in EXC. Foundations Investment Advisors LLC lifted its stake in shares of Exelon by 3.5% during the 3rd quarter. Foundations Investment Advisors LLC now owns 7,533 shares of the company’s stock worth $305,000 after buying an additional 255 shares during the last quarter. Harbor Capital Advisors Inc. raised its stake in Exelon by 1.0% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 28,392 shares of the company’s stock worth $1,151,000 after purchasing an additional 274 shares in the last quarter. Rosenberg Matthew Hamilton raised its stake in Exelon by 12.6% in the 4th quarter. Rosenberg Matthew Hamilton now owns 2,457 shares of the company’s stock worth $92,000 after purchasing an additional 275 shares in the last quarter. Ballentine Partners LLC raised its stake in Exelon by 2.1% in the 3rd quarter. Ballentine Partners LLC now owns 13,922 shares of the company’s stock worth $565,000 after purchasing an additional 285 shares in the last quarter. Finally, Wesbanco Bank Inc. raised its stake in Exelon by 3.1% in the 4th quarter. Wesbanco Bank Inc. now owns 9,951 shares of the company’s stock worth $375,000 after purchasing an additional 296 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Insider Activity at Exelon

In other news, EVP Colette D. Honorable sold 1,463 shares of the company’s stock in a transaction 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 completion of the sale, the executive vice president now owns 2,271 shares in the company, valued at $92,134.47. This represents a 39.18 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.10% of the stock is owned by corporate insiders.

Exelon Stock Up 1.3 %

Shares of NASDAQ EXC opened at $42.89 on Thursday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.97 and a current ratio of 1.09. Exelon Co. has a 52-week low of $33.50 and a 52-week high of $43.09. The company’s 50 day moving average price is $38.52 and its 200-day moving average price is $38.82. The company has a market capitalization of $43.10 billion, a P/E ratio of 17.65, a price-to-earnings-growth ratio of 2.74 and a beta of 0.56.

Exelon (NASDAQ:EXC) last released its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05. Exelon had a net margin of 10.60% and a return on equity of 9.47%. During the same quarter in the prior year, the firm posted $0.60 EPS. Equities analysts forecast that Exelon Co. will post 2.46 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Scotiabank lifted their price objective on shares of Exelon from $40.00 to $42.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 12th. Barclays decreased their target price 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 shares of Exelon from an “in-line” rating to an “outperform” rating and lifted their price target for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Finally, Morgan Stanley cut their target price on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average 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.