Narwhal Capital Management buys $3,540,417 stake in Exelon Corporation (EXC)

Exelon Corporation (EXC) : Narwhal Capital Management scooped up 1,215 additional shares in Exelon Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 20, 2016. The investment management firm now holds a total of 103,855 shares of Exelon Corporation which is valued at $3,540,417.Exelon Corporation makes up approximately 1.13% of Narwhal Capital Management’s portfolio.

Exelon Corporation opened for trading at $33.57 and hit $34.1599 on the upside on Friday, eventually ending the session at $34.09, with a gain of 2.19% or 0.73 points. The heightened volatility saw the trading volume jump to 46,71,317 shares. Company has a market cap of $31,360 M.

Other Hedge Funds, Including , Community Bank N.a. boosted its stake in EXC in the latest quarter, The investment management firm added 168 additional shares and now holds a total of 41,901 shares of Exelon Corporation which is valued at $1,428,405. Exelon Corporation makes up approx 0.34% of Community Bank N.a.’s portfolio.Barry Investment Advisors boosted its stake in EXC in the latest quarter, The investment management firm added 170 additional shares and now holds a total of 18,841 shares of Exelon Corporation which is valued at $642,290. Exelon Corporation makes up approx 0.20% of Barry Investment Advisors’s portfolio.Dnb Asset Management As boosted its stake in EXC in the latest quarter, The investment management firm added 34,100 additional shares and now holds a total of 73,539 shares of Exelon Corporation which is valued at $2,527,535. Exelon Corporation makes up approx 0.05% of Dnb Asset Management As’s portfolio.Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in EXC in the latest quarter, The investment management firm added 43,101 additional shares and now holds a total of 210,670 shares of Exelon Corporation which is valued at $7,240,728. Exelon Corporation makes up approx 0.17% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.

On the company’s financial health, Exelon Corporation reported $0.38 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Feb 3, 2016. Analyst had a consensus of $0.39. The company had revenue of $6682.00 million for the quarter, compared to analysts expectations of $7139.43 million. The company’s revenue was down -3.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.48 EPS.

Many Wall Street Analysts have commented on Exelon Corporation. Exelon Corporation was Resumed by Goldman to “Neutral” on Apr 11, 2016. Morgan Stanley Resumed Exelon Corporation on Apr 6, 2016 to “Equal-Weight”, Price Target of the shares are set at $38.Barclays Resumed Exelon Corporation on Mar 24, 2016 to “Overweight”, Price Target of the shares are set at $39.

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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