Exelon Co. (NASDAQ:EXC) Shares Sold by True Link Financial Advisors LLC

True Link Financial Advisors LLC reduced its holdings in shares of Exelon Co. (NASDAQ:EXC) by 12.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 5,082 shares of the company’s stock after selling 750 shares during the period. True Link Financial Advisors LLC’s holdings in Exelon were worth $206,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Crewe Advisors LLC purchased a new stake in shares of Exelon during the first quarter worth approximately $26,000. Versant Capital Management Inc increased its stake in Exelon by 646.2% in the 2nd quarter. Versant Capital Management Inc now owns 776 shares of the company’s stock valued at $27,000 after buying an additional 672 shares during the period. J.Safra Asset Management Corp purchased a new position in Exelon during the 2nd quarter worth $28,000. American National Bank & Trust lifted its stake in shares of Exelon by 178.8% in the 3rd quarter. American National Bank & Trust now owns 697 shares of the company’s stock worth $28,000 after acquiring an additional 447 shares during the period. Finally, Abound Wealth Management boosted its holdings in shares of Exelon by 502.7% in the second quarter. Abound Wealth Management now owns 892 shares of the company’s stock valued at $31,000 after acquiring an additional 744 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently issued reports on EXC shares. Morgan Stanley increased their price target on shares of Exelon from $42.00 to $45.00 and gave the stock an “equal weight” rating in a report on Wednesday, September 25th. Scotiabank raised their price target on Exelon from $37.00 to $40.00 and gave the company a “sector perform” rating in a report on Tuesday, August 20th. Wells Fargo & Company upped their price objective on Exelon from $40.00 to $42.00 and gave the stock an “equal weight” rating in a report on Friday, August 2nd. Barclays boosted their target price on shares of Exelon from $41.00 to $44.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. Finally, Jefferies Financial Group began coverage on shares of Exelon in a report on Thursday, September 19th. They issued a “buy” rating and a $46.00 price target for the company. Eleven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $41.33.

Exelon Price Performance

EXC traded down $0.44 during midday trading on Tuesday, reaching $39.79. 198,848 shares of the company’s stock were exchanged, compared to its average volume of 6,705,814. Exelon Co. has a 1-year low of $33.35 and a 1-year high of $41.48. The stock has a market capitalization of $39.81 billion, a PE ratio of 16.56, a P/E/G ratio of 2.90 and a beta of 0.53. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.03 and a quick ratio of 0.93. The business’s 50-day moving average price is $39.55 and its 200 day moving average price is $37.65.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.07. The firm had revenue of $5.36 billion during the quarter, compared to the consensus estimate of $4.98 billion. Exelon had a return on equity of 9.40% and a net margin of 10.65%. During the same period in the previous year, the firm posted $0.41 EPS. As a group, equities analysts anticipate that Exelon Co. will post 2.44 EPS for the current fiscal year.

About Exelon

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.