Does Exelon Corporation (NYSE:EXC) Have Gas After Even Less Sellers Involved?

April 26, 2018 - By Winifred Garcia

Exelon Corporation (NYSE:EXC) Logo

Investors sentiment increased to 1.13 in Q4 2017. Its up 0.08, from 1.05 in 2017Q3. It is positive, as 38 investors sold Exelon Corporation shares while 240 reduced holdings. 86 funds opened positions while 229 raised stakes. 727.68 million shares or 0.14% more from 726.69 million shares in 2017Q3 were reported.
First Allied Advisory Svcs holds 28,145 shares. Lord Abbett & Co Lc owns 645,100 shares. Millennium Management Lc stated it has 2.79M shares or 0.15% of all its holdings. Element Capital Management Ltd Co has 1.02M shares. owns 22.10 million shares. Wellington Mgmt Group Llp has 23.90 million shares. Gideon Capital Advsrs reported 0.94% in Exelon Corporation (NYSE:EXC). Stevens Capital Mgmt Ltd Partnership holds 0.37% in Exelon Corporation (NYSE:EXC) or 239,078 shares. Quantitative Investment Mgmt Limited Liability Company invested in 610,900 shares or 0.35% of the stock. Aull Monroe Invest Mgmt reported 9,138 shares stake. Utd Fire Grp reported 5,723 shares. Moreover, Private Advisor Group Inc Ltd Liability Corp has 0.06% invested in Exelon Corporation (NYSE:EXC). Hussman Strategic Inc stated it has 101,000 shares or 1.14% of all its holdings. Cambridge Inv Research Inc holds 0.05% or 103,389 shares in its portfolio. Mcf Advsr Limited Liability Com holds 303 shares.

Since March 15, 2018, it had 0 insider buys, and 1 sale for $948,500 activity.

The stock of Exelon Corporation (NYSE:EXC) registered a decrease of 23.27% in short interest. EXC’s total short interest was 20.01 million shares in April as published by FINRA. Its down 23.27% from 26.08 million shares, reported previously. With 6.88M shares average volume, it will take short sellers 3 days to cover their EXC’s short positions. The short interest to Exelon Corporation’s float is 2.09%.

The stock increased 0.92% or $0.36 during the last trading session, reaching $39.52. About 2.94M shares traded. Exelon Corporation (NYSE:EXC) has risen 7.34% since April 26, 2017 and is uptrending. It has underperformed by 4.21% the S&P500.

Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States and Canada. The company has market cap of $38.14 billion. It owns electric generating facilities, such as nuclear, fossil, wind, hydroelectric, and solar generating facilities. It has a 9.95 P/E ratio. The firm also sells renewable energy and other energy-related services and products; and sells electricity and natural gas to wholesale and retail customers.

Exelon Corporation (NYSE:EXC) Ratings Coverage

Among 10 analysts covering Exelon (NYSE:EXC), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Exelon had 20 analyst reports since November 5, 2017 according to SRatingsIntel. JP Morgan maintained the stock with “Overweight” rating in Wednesday, February 21 report. As per Thursday, February 8, the company rating was maintained by Morgan Stanley. Morgan Stanley maintained Exelon Corporation (NYSE:EXC) on Monday, April 16 with “Equal-Weight” rating. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Friday, February 9 report. The firm earned “Buy” rating on Tuesday, January 2 by Guggenheim. The firm has “Hold” rating given on Wednesday, April 4 by Credit Suisse. SunTrust maintained the shares of EXC in report on Monday, December 4 with “Buy” rating. Goldman Sachs upgraded the stock to “Hold” rating in Wednesday, March 28 report. The stock has “Neutral” rating by Mizuho on Tuesday, January 23. As per Wednesday, December 13, the company rating was maintained by Morgan Stanley.

Exelon Corporation (NYSE:EXC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.