Charter Trust Co buys $685,948 stake in Exelon Corporation (EXC)

Exelon Corporation (EXC) : Charter Trust Co scooped up 92 additional shares in Exelon Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 20,977 shares of Exelon Corporation which is valued at $685,948.Exelon Corporation makes up approximately 0.08% of Charter Trust Co’s portfolio.

Other Hedge Funds, Including , Gierl Augustine Investment Management Inc boosted its stake in EXC in the latest quarter, The investment management firm added 14 additional shares and now holds a total of 5,849 shares of Exelon Corporation which is valued at $191,262. Exelon Corporation makes up approx 0.18% of Gierl Augustine Investment Management Inc’s portfolio.Highland Capital Management reduced its stake in EXC by selling 3,904 shares or 2.84% in the most recent quarter. The Hedge Fund company now holds 133,656 shares of EXC which is valued at $4,390,600. Exelon Corporation makes up approx 0.38% of Highland Capital Management’s portfolio.Community Bank N.a. boosted its stake in EXC in the latest quarter, The investment management firm added 2,475 additional shares and now holds a total of 44,226 shares of Exelon Corporation which is valued at $1,452,824. Exelon Corporation makes up approx 0.34% of Community Bank N.a.’s portfolio.Banced Corp boosted its stake in EXC in the latest quarter, The investment management firm added 7,227 additional shares and now holds a total of 22,650 shares of Exelon Corporation which is valued at $728,198. Exelon Corporation makes up approx 1.45% of Banced Corp’s portfolio.

Exelon Corporation closed down -0.15 points or -0.46% at $32.7 with 45,21,006 shares getting traded on Friday. Post opening the session at $32.83, the shares hit an intraday low of $32.68 and an intraday high of $33.19 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Exelon Corporation reported $0.65 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Aug 9, 2016. Analyst had a consensus of $0.56. The company had revenue of $6910.00 million for the quarter, compared to analysts expectations of $6965.80 million. The company’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 EPS.

Many Wall Street Analysts have commented on Exelon Corporation. Shares were Reiterated by UBS on Oct 13, 2016 to “Neutral” and Lowered the Price Target to $ 33 from a previous price target of $38 .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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