Accident Compensation Corp Lowers stake in Exelon Corporation (EXC)

Exelon Corporation (EXC) : Accident Compensation Corp reduced its stake in Exelon Corporation by 27.46% during the most recent quarter end. The investment management company now holds a total of 266,800 shares of Exelon Corporation which is valued at $9.3 Million after selling 101,000 shares in Exelon Corporation , the firm said in a disclosure report filed with the SEC on May 11, 2016.Exelon Corporation makes up approximately 2.57% of Accident Compensation Corp’s portfolio.

Other Hedge Funds, Including , Great Lakes Advisors added EXC to its portfolio by purchasing 10,115 company shares during the most recent quarter which is valued at $353,418. Exelon Corporation makes up approx 0.01% of Great Lakes Advisors’s portfolio.Commonwealth Of Pennsylvania Public School Empls Retrmt Sys boosted its stake in EXC in the latest quarter, The investment management firm added 8,186 additional shares and now holds a total of 68,266 shares of Exelon Corporation which is valued at $2.4 Million. Exelon Corporation makes up approx 0.05% of Commonwealth Of Pennsylvania Public School Empls Retrmt Sys’s portfolio.New York State Common Retirement Fund boosted its stake in EXC in the latest quarter, The investment management firm added 22,547 additional shares and now holds a total of 3,024,915 shares of Exelon Corporation which is valued at $107.9 Million. Exelon Corporation makes up approx 0.17% of New York State Common Retirement Fund’s portfolio. Princeton Alpha Management Lp added EXC to its portfolio by purchasing 13,309 company shares during the most recent quarter which is valued at $474,865. Exelon Corporation makes up approx 0.08% of Princeton Alpha Management Lp’s portfolio.Wedge Capital Management L L Pnc reduced its stake in EXC by selling 153,568 shares or 27.3% in the most recent quarter. The Hedge Fund company now holds 408,912 shares of EXC which is valued at $14.6 Million. Exelon Corporation makes up approx 0.15% of Wedge Capital Management L L Pnc’s portfolio.

Exelon Corporation closed down -0.22 points or -0.63% at $34.72 with 46,56,131 shares getting traded on Monday. Post opening the session at $34.84, the shares hit an intraday low of $34.53 and an intraday high of $35.0165 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Exelon Corporation reported $0.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on May 6, 2016. Analyst had a consensus of $0.66.Analysts expectations of $ 7230.45.During the same quarter in the previous year, the company posted $0.71 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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