Teilinger Capital Ltd decreased its stake in Exelon Corp (EXC) by 64.68% based on its latest 2016Q3 regulatory filing with the SEC. Teilinger Capital Ltd sold 237,480 shares as the company’s stock declined 8.57% while stock markets rallied. The institutional investor held 129,670 shares of the power generation company at the end of 2016Q3, valued at $4.32M, down from 367,150 at the end of the previous reported quarter. Teilinger Capital Ltd who had been investing in Exelon Corp for a number of months, seems to be less bullish one the $32.43 billion market cap company. The stock is up 0.78% or $0.27 hitting $35.33, despite the negative news. About 2.35M shares traded hands. Exelon Corporation (NYSE:EXC) has risen 0.98% since June 7, 2016 and is uptrending. It has underperformed by 6.44% the S&P500.
Teilinger Capital Ltd, which manages about $38.78 million US Long portfolio, upped its stake in Williams Cos Inc Del (NYSE:WMB) by 121,165 shares to 162,765 shares, valued at $5.00M in 2016Q3, according to the filing.
Insitutional Activity: The institutional sentiment increased to 1.05 in 2016 Q3. Its up 0.09, from 0.96 in 2016Q2. The ratio increased, as 54 funds sold all EXC shares owned while 240 reduced positions. 63 funds bought stakes while 245 increased positions. They now own 666.34 million shares or 1.02% less from 673.21 million shares in 2016Q2. Moreover, First Tru Advisors Ltd Partnership has 0.2% invested in Exelon Corporation (NYSE:EXC) for 2.02 million shares. Brick And Kyle has 0.02% invested in the company for 700 shares. Moreover, Ing Groep Nv has 0.16% invested in Exelon Corporation (NYSE:EXC) for 407,028 shares. Envestnet Asset Mgmt last reported 0.02% of its portfolio in the stock. Moreover, Cordasco Finance Networks has 0% invested in Exelon Corporation (NYSE:EXC) for 40 shares. Stifel Financial owns 189,205 shares or 0.03% of their US portfolio. Moreover, Thompson Davis has 0.05% invested in Exelon Corporation (NYSE:EXC) for 883 shares. Intrust Savings Bank Na holds 6,372 shares or 0.08% of its portfolio. Duncker Streett & Co reported 9,610 shares or 0.11% of all its holdings. South Dakota Investment Council reported 637,440 shares or 0.44% of all its holdings. First Personal Svcs, a North Carolina-based fund reported 7,950 shares. Capwealth Advisors Ltd Llc reported 185 shares or 0% of all its holdings. Korea Corp holds 0.24% or 1.33 million shares in its portfolio. Creative Planning owns 71,830 shares or 0.02% of their US portfolio. Altrinsic Glob Advisors Limited Com owns 982,303 shares or 1.2% of their US portfolio.
Insider Transactions: Since July 15, 2016, the stock had 0 insider purchases, and 5 insider sales for $48.85 million net activity. Shares for $15.44M were sold by SHATTUCK MAYO A III. The insider BUTLER CALVIN JR sold 6,403 shares worth $224,105. $1.09M worth of Exelon Corporation (NYSE:EXC) shares were sold by Cornew Kenneth W..
Analysts await Exelon Corporation (NYSE:EXC) to report earnings on February, 1. They expect $0.44 earnings per share, up 15.79% or $0.06 from last year’s $0.38 per share. EXC’s profit will be $403.87M for 20.07 P/E if the $0.44 EPS becomes a reality. After $0.91 actual earnings per share reported by Exelon Corporation for the previous quarter, Wall Street now forecasts -51.65% negative EPS growth.
Another recent and important Exelon Corporation (NYSE:EXC) news was published by Businesswire.com which published an article titled: “Jean Medina Appointed to Lead Exelon Corporate Communications” on January 04, 2017.
According to Zacks Investment Research, “Exelon Corporation is a utility holding company. Its subsidiaries are engaged principally in the production, purchase, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers and the distribution and sale of natural gas to residential, commercial and industrial customers. Exelon is a bold, creative, accountable and committed company, with employees dedicated in their efforts to set the standards for the utility services industry.”
Exelon Corporation (NYSE:EXC) Ratings Coverage
Out of 17 analysts covering Exelon Corporation (NYSE:EXC), 11 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 65% are positive. Exelon Corporation has been the topic of 37 analyst reports since July 21, 2015 according to StockzIntelligence Inc. On Tuesday, August 16 the stock rating was maintained by JP Morgan with “Overweight”. UBS maintained the shares of EXC in a report on Wednesday, August 26 with “Neutral” rating. The stock has “Neutral” rating given by UBS on Thursday, October 13. Wolfe Research downgraded the stock to “Peer Perform” rating in Thursday, March 24 report. The firm has “Buy” rating by Argus Research given on Monday, March 7. On Monday, September 14 the stock rating was upgraded by Suntrust Robinson to “Buy”. The company was reinitiated on Wednesday, April 6 by Morgan Stanley. The company was initiated on Thursday, March 24 by Barclays Capital. The firm has “Buy” rating given on Tuesday, August 25 by Guggenheim. The rating was upgraded by SunTrust to “Buy” on Monday, September 14.
EXC Company Profile
Exelon Corporation, incorporated on February 4, 1999, is a utility services holding company. The Firm operates through its subsidiaries, Exelon Generation Company, LLC (Generation), Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), and Baltimore Gas and Electric Company (BGE). The Firm operates through nine divisions consisting of Generation’s six power marketing divisions, including Mid-Atlantic, Midwest, New England, New York, ERCOT and other regions in Generation; ComEd; PECO, and BGE.
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