As Exelon Corp (EXC) Shares Rose, Shareholder State Treasurer State Of Michigan Increased Stake

June 27, 2018 - By Ashley Bratcher

Exelon Corporation (NYSE:EXC) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 1.04. That’s change of 0.09, from 2017Q4’s 1.13. 50 investors sold all, 252 reduced holdings as EXC ratio dived. 228 increased stakes while 86 funds bought stakes. Funds hold 731.27 million shares thus 0.49% more from 2017Q4’s 727.68 million shares. Checchi Cap Advisers Ltd Liability Com reported 0.04% of its capital in Exelon Corporation (NYSE:EXC). Verition Fund Mngmt Limited has 0.03% invested in Exelon Corporation (NYSE:EXC) for 8,650 shs. Cetera Advsr Ltd Co, a Colorado-based fund reported 18,892 shs. Alpha Windward Limited Liability Com reported 734 shs or 0.02% of all its holdings. Glenmede Tru Company Na reported 92,210 shs stake. Anchor Lc owns 38,943 shs. Mufg Americas Corporation holds 0.02% or 15,011 shs in its capital. Eagle Asset Mgmt Inc owns 70,774 shs or 0.02% of their US capital. Boyd Watterson Asset Mgmt Oh holds 0.33% of its capital in Exelon Corporation (NYSE:EXC) for 17,222 shs. Element Capital Management Limited Liability Co accumulated 0.02% or 17,254 shs. Raymond James Associate holds 0.04% in Exelon Corporation (NYSE:EXC) or 615,711 shs. Norinchukin Financial Bank The holds 142,959 shs. Engy Income Prtn Ltd Liability Corp invested 3.69% of its capital in Exelon Corporation (NYSE:EXC). 11,346 were reported by Fiduciary Tru Co. Community Bank Na, a New York-based fund reported 49,120 shs.

EXC had 1 sale and 0 buys since March 15, 2018. This’s net activity of $948,500.

Based on the latest 2018Q1 regulatory filing with the SEC, State Treasurer State Of Michigan rose its stake in Exelon Corp (EXC) by 766.78%. By buying 2.16M shares State Treasurer State Of Michigan made the stock popped up with 6.94%. At the end of 2018Q1, the 2.44 million shares of the power generation company held by the institutional investor were valued at $95.15M, up from 281,397 at the end of the previous reported quarter. $40.73B is Exelon Corp’s MC. The stock increased 0.38% or $0.16 during the last trading session, reaching $42.19.Currently Exelon Corporation is uptrending after 12.88% change in last June 27, 2017. EXC has 1.47 million shares volume. EXC outperformed the S&P 500 by 0.31%.

State Treasurer State Of Michigan operates about $12.42 billion US Long portfolio. According to a filing the fund reduced its stake in Facebook Inc (NASDAQ:FB) by 133,700 shares to 1.25 million shares, valued at $199.25 million in 2018Q1. State Treasurer State Of Michigan has cut its stake in Eaton Corp Plc (NYSE:ETN) and also reduced its holding in Berkshire Hathaway Inc Del (BRKB) by 1.30M shares in the quarter, for a total of 1.09 million shares.

There’s a significant Exelon Corporation (NYSE:EXC) news posted by Seekingalpha.com. It’s a report titled: “What Are Exelon’s Prospects In The Trump Era?” on June 12, 2018.

Exelon Corporation (NYSE:EXC) Ratings Coverage

In total 10 analysts cover Exelon (NYSE:EXC). “Buy” rating has 7, “Sell” are 0, while 3 are “Hold”. 70% are bullish. 19 are the (NYSE:EXC)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Tuesday, January 23 the stock of Exelon Corporation (NYSE:EXC) earned “Neutral” rating by Mizuho. In Friday, April 13 report Credit Suisse upgraded it to “Buy” rating and $4200 target. On Monday, April 16 the stock of Exelon Corporation (NYSE:EXC) has “Equal-Weight” rating given by Morgan Stanley. On Thursday, May 3 Bank of America maintained Exelon Corporation (NYSE:EXC) with “Buy” rating. On Monday, February 5 the firm earned “Buy” rating by SunTrust. On Tuesday, April 10 JP Morgan maintained Exelon Corporation (NYSE:EXC) with “Overweight” rating. On Thursday, February 8 the stock of Exelon Corporation (NYSE:EXC) earned “Equal-Weight” rating by Morgan Stanley. In Wednesday, April 4 report Credit Suisse downgraded the stock to “Hold” rating. In Wednesday, March 28 report Goldman Sachs upgraded the stock to “Hold” rating. The stock rating was maintained by KeyBanc Capital Markets with “Overweight” on Wednesday, May 30.

Exelon Corporation (NYSE:EXC) Institutional Investors Chart

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