Cambridge Advisors buys $362,826 stake in Exelon Corporation (EXC)

Exelon Corporation (EXC) : Cambridge Advisors scooped up 22 additional shares in Exelon Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 9,916 shares of Exelon Corporation which is valued at $362,826.Exelon Corporation makes up approximately 0.16% of Cambridge Advisors’s portfolio.

Other Hedge Funds, Including , Retirement Systems Of Alabama boosted its stake in EXC in the latest quarter, The investment management firm added 5,017 additional shares and now holds a total of 469,944 shares of Exelon Corporation which is valued at $17,195,251. Exelon Corporation makes up approx 0.10% of Retirement Systems Of Alabama’s portfolio.Huntington National Bank reduced its stake in EXC by selling 11,574 shares or 20.15% in the most recent quarter. The Hedge Fund company now holds 45,851 shares of EXC which is valued at $1,677,688. Exelon Corporation makes up approx 0.04% of Huntington National Bank’s portfolio.Pennsylvania Trust Co reduced its stake in EXC by selling 535 shares or 2.67% in the most recent quarter. The Hedge Fund company now holds 19,490 shares of EXC which is valued at $706,513. Exelon Corporation makes up approx 0.06% of Pennsylvania Trust Co’s portfolio.Cutler Group Lp reduced its stake in EXC by selling 33,579 shares or 82.97% in the most recent quarter. The Hedge Fund company now holds 6,891 shares of EXC which is valued at $253,244. Exelon Corporation makes up approx 0.02% of Cutler Group Lp’s portfolio.

Exelon Corporation opened for trading at $36.82 and hit $37.4 on the upside on Friday, eventually ending the session at $37.28, with a gain of 1.14% or 0.42 points. The heightened volatility saw the trading volume jump to 47,09,518 shares. Company has a market cap of $33,079 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.

Investors should note that on Jul 26, 2016, Exelon Corporation announced a cash dividend of $0.3180. The company’s management has announced Aug 11, 2016 as the ex-dividend date and fixed the record date on Aug 15, 2016. The payable date has been fixed on Sep 9, 2016.

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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