Bernicke Associates Ltd buys $975,001 stake in Exelon Corporation (EXC)

Exelon Corporation (EXC) : Bernicke Associates Ltd scooped up 1,454 additional shares in Exelon Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 27,905 shares of Exelon Corporation which is valued at $975,001.Exelon Corporation makes up approximately 0.90% of Bernicke Associates Ltd’s portfolio.

Other Hedge Funds, Including , Canada Pension Plan Investment Board reduced its stake in EXC by selling 208,952 shares or 31.94% in the most recent quarter. The Hedge Fund company now holds 445,211 shares of EXC which is valued at $15.6 Million. Exelon Corporation makes up approx 0.07% of Canada Pension Plan Investment Board’s portfolio.Bessemer Group Inc reduced its stake in EXC by selling 271 shares or 8.27% in the most recent quarter. The Hedge Fund company now holds 3,006 shares of EXC which is valued at $105,030.Ifp Advisors Inc boosted its stake in EXC in the latest quarter, The investment management firm added 17,754 additional shares and now holds a total of 43,446 shares of Exelon Corporation which is valued at $1.6 Million. Exelon Corporation makes up approx 0.09% of Ifp Advisors Inc’s portfolio.

Exelon Corporation opened for trading at $34.28 and hit $34.31 on the upside on Friday, eventually ending the session at $34.27, with a gain of 0.26% or 0.09 points. The heightened volatility saw the trading volume jump to 37,74,955 shares. Company has a market cap of $30,408 M.

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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