Mitsubishi Ufj Securities Holdings Ltd. buys $508,587 stake in Exelon Corporation (EXC)

Exelon Corporation (EXC) : Mitsubishi Ufj Securities Holdings Ltd. scooped up 13,186 additional shares in Exelon Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 14,556 shares of Exelon Corporation which is valued at $508,587.Exelon Corporation makes up approximately 1.60% of Mitsubishi Ufj Securities Holdings Ltd.’s portfolio.

Other Hedge Funds, Including , National Asset Management boosted its stake in EXC in the latest quarter, The investment management firm added 10,904 additional shares and now holds a total of 30,616 shares of Exelon Corporation which is valued at $1,069,723. Exelon Corporation makes up approx 0.21% of National Asset Management’s portfolio.Frontier Investment Mgmt Co reduced its stake in EXC by selling 81,405 shares or 33.89% in the most recent quarter. The Hedge Fund company now holds 158,812 shares of EXC which is valued at $5,548,891. Exelon Corporation makes up approx 0.68% of Frontier Investment Mgmt Co’s portfolio.United Services Automobile Association boosted its stake in EXC in the latest quarter, The investment management firm added 2,047 additional shares and now holds a total of 286,691 shares of Exelon Corporation which is valued at $10,016,984. Exelon Corporation makes up approx 0.03% of United Services Automobile Association’s portfolio.Assetmark Inc boosted its stake in EXC in the latest quarter, The investment management firm added 3,602 additional shares and now holds a total of 3,886 shares of Exelon Corporation which is valued at $135,272.Parkside Financial Bank Trust boosted its stake in EXC in the latest quarter, The investment management firm added 630 additional shares and now holds a total of 914 shares of Exelon Corporation which is valued at $33,425. Exelon Corporation makes up approx 0.02% of Parkside Financial Bank Trust’s portfolio.

On the company’s financial health, Exelon Corporation reported $0.65 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Aug 9, 2016. Analyst had a consensus of $0.56. The company had revenue of $6910.00 million for the quarter, compared to analysts expectations of $6965.80 million. The company’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 EPS.

Many Wall Street Analysts have commented on Exelon Corporation. Company shares were Upgraded by Deutsche Bank on Jul 22, 2016 to ” Buy”, Firm has raised the Price Target to $ 39 from a previous price target of $36 .

Exelon Corporation (Exelon) is a utility services holding company. The Company operates through nine segments consisting of Exelon Generation Company LLC’s (Generation) six marketing segments Commonwealth Edison Company (ComEd) PECO Energy Company (PECO) and Baltimore Gas and Electric Company (BGE). Generation’s business consists of the generation physical delivery and marketing of power across geographical regions. ComEd’s business consists of the purchase and regulated retail sale of electricity and the provision of electricity transmission and distribution services to retail customers. PECO’s business consists of the purchase and regulated retail sale of electricity and the provision of electricity distribution and transmission services. BGE’s business consists of the purchase and regulated retail sale of electricity and natural gas and the provision of electricity distribution and transmission and gas distribution services.

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