Mizuho Securities Usa adds Exelon Corporation (EXC) to its portfolio

Exelon Corporation (EXC) : Mizuho Securities Usa added new position in Exelon Corporation during the most recent quarter end. The investment management firm now holds 180,700 shares of Exelon Corporation which is valued at $6,759,987 , the company said in a statement filed on Jul 20, 2016 with the SEC.Exelon Corporation makes up approximately 1.23% of Mizuho Securities Usa’s portfolio.

Other Hedge Funds, Including , Hartford Investment Management Co reduced its stake in EXC by selling 4,943 shares or 2.18% in the most recent quarter. The Hedge Fund company now holds 221,986 shares of EXC which is valued at $8,304,496. Exelon Corporation makes up approx 0.17% of Hartford Investment Management Co’s portfolio.Charter Trust Co reduced its stake in EXC by selling 255 shares or 1.21% in the most recent quarter. The Hedge Fund company now holds 20,885 shares of EXC which is valued at $757,081. Exelon Corporation makes up approx 0.09% of Charter Trust Co’s portfolio.Hexavest reduced its stake in EXC by selling 840,175 shares or 58.11% in the most recent quarter. The Hedge Fund company now holds 605,626 shares of EXC which is valued at $22,208,305. Exelon Corporation makes up approx 0.33% of Hexavest’s portfolio.

Exelon Corporation closed down -0.33 points or -0.90% at $36.25 with 31,66,486 shares getting traded on Wednesday. Post opening the session at $36.55, the shares hit an intraday low of $36.24 and an intraday high of $36.6 and the price fluctuated in this range throughout the day.Shares ended Wednesday 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. 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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