Published: Sat, May 27, 2017
Money | By Armando Alvarado

Hot Stock to Watch: Exelon Corporation (EXC)

Hot Stock to Watch: Exelon Corporation (EXC)

California-based Wespac Advsr has invested 1.77% in Exelon Corporation (NYSE:EXC).

Stock is now moving with a positive distance from the 200 day simple moving average of approximately 3.4%, and has a solid year to date (YTD) performance of 0.7% which means the stock is constantly adding to its value from the previous fiscal year end price.

Several hedge funds have recently added to or reduced their stakes in the company. During the same period in the prior year, the firm posted $0.68 earnings per share. CT Financial Advisors LLC now owns 4,131 shares of the energy giant's stock worth $149,000 after buying an additional 12 shares in the last quarter. Concert Wealth Management Inc. boosted its stake in Exelon by 2.4% in the third quarter. The institutional investor bought 16,084 shares of the energy giant's stock, valued at approximately $579,000. Cable Hill Partners LLC increased its position in shares of Exelon by 0.8% in the third quarter. State Street Corp increased its position in Exelon by 0.5% in the fourth quarter. Cornerstone Investment Partners LLC increased its stake in shares of Exelon by 0.4% in the first quarter. Institutional investors own 75.83% of the company's stock.

COPYRIGHT VIOLATION NOTICE: "Exelon Co". The company has a 50 day moving average of $35.06 and a 200-day moving average of $34.88.

Exelon Co. has a 1-year low of $29.82 and a 1-year high of $37.70.

Exelon Corporation (EXC) belonging to the Utilities sector has surged 1.34% and closed its last trading session at $35.53. The company reported EPS of $0.65, above the consensus estimate calling for EPS of $0.61 - a positive surprise of 5.78%. The Return on Equity (ROE) and Return on Investment (ROI) values are 7.5 percent and 3.8 percent respectively. The company's quarterly revenue was up 15.6% compared to the same quarter previous year. While in the same Quarter Previous year, the Actual EPS was $0.65. The firm's revenue for the quarter was up 15.6% on a year-over-year basis. Exelon Corporation (NYSE:EXC) has risen 2.57% since May 22, 2016 and is uptrending.

Analysts See $3.02 EPS for Broadcom Ltd (AVGO)
Cognios Capital Llc, a Kansas-based fund reported 91,476 shares. 117 are held by Gemmer Asset Mngmt Limited Liability. Finally, BTC Capital Management Inc. boosted its stake in shares of Broadcom by 13.0% in the first quarter.

The company is scheduled to announce its next quarterly financial results on 08/08/2017 after the market close. Stockholders of record on Monday, May 15th will be given a dividend of $0.3275 per share. This represents a $1.31 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date of this dividend is Thursday, May 11th. Exelon's dividend payout ratio is now 106.50%.

ILLEGAL ACTIVITY WARNING: This story was reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this report on another publication, it was illegally stolen and reposted in violation of global copyright legislation. The legal version of this story can be accessed at Guggenheim upgraded the stock to "Buy" rating in Friday, September 25 report. Zacks Investment Research lowered shares of Exelon from a "buy" rating to a "hold" rating in a report on Tuesday, February 21st.

US based company, Exelon Corporation (EXC)'s latest closing price distance was at 3.40% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 0.08% and 2.39% compared with the 20 Day Moving Average. Credit Suisse Group AG initiated coverage on Exelon in a research note on Wednesday, January 25th.

Price targets show what analysts believes a stock will be worth at the end of a certain time period. The rating was downgraded by Wells Fargo to "Market Perform" on Wednesday, April 5.

According to 5 analysts, Exelon Corporation (NYSE:EXC)'s revenue estimates for the current quarter are $7.7B meanwhile the company has high revenue estimates of $8.71B in contradiction of low revenue estimates of $6.48B.

General Motors Company was covered by a number of analysts recently, 6 rated the stock as Buy, 8 rated Outperform, 8 rated Hold, 0 gave an Underperform and 0 rated sell. The stock has a market capitalization of $33.20B along with 926M outstanding shares. Following the completion of the purchase, the director now directly owns 14,374 shares in the company, valued at $482,535.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Stock's intraday price range hit the peak level of $35.59 and touched the lowest level of $35.29. Following the sale, the senior vice president now directly owns 9,914 shares in the company, valued at approximately $355,119.48. The disclosure for this purchase can be found here. Corporate insiders own 0.80% of the company's stock.

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