Indiana Trust & Investment Management Co Sells 525 Shares of Exelon Co. (NASDAQ:EXC)

Indiana Trust & Investment Management Co decreased its holdings in Exelon Co. (NASDAQ:EXC) by 21.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,889 shares of the company’s stock after selling 525 shares during the period. Indiana Trust & Investment Management Co’s holdings in Exelon were worth $71,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Foundations Investment Advisors LLC lifted its holdings in Exelon by 3.5% during the 3rd quarter. Foundations Investment Advisors LLC now owns 7,533 shares of the company’s stock worth $305,000 after buying an additional 255 shares during the period. Harbor Capital Advisors Inc. lifted its stake in shares of Exelon by 1.0% in the third quarter. Harbor Capital Advisors Inc. now owns 28,392 shares of the company’s stock worth $1,151,000 after acquiring an additional 274 shares during the period. Rosenberg Matthew Hamilton boosted its holdings in Exelon by 12.6% in the fourth quarter. Rosenberg Matthew Hamilton now owns 2,457 shares of the company’s stock valued at $92,000 after acquiring an additional 275 shares during the last quarter. Ballentine Partners LLC boosted its holdings in Exelon by 2.1% in the third quarter. Ballentine Partners LLC now owns 13,922 shares of the company’s stock valued at $565,000 after acquiring an additional 285 shares during the last quarter. Finally, Wesbanco Bank Inc. raised its holdings in Exelon by 3.1% during the 4th quarter. Wesbanco Bank Inc. now owns 9,951 shares of the company’s stock worth $375,000 after purchasing an additional 296 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Exelon

In related news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total transaction of $59,353.91. Following the transaction, the executive vice president now owns 2,271 shares of the company’s stock, valued at $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is currently owned by company insiders.

Exelon Trading Up 1.3 %

NASDAQ EXC opened at $42.36 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.66. Exelon Co. has a 52 week low of $33.50 and a 52 week high of $42.46. The business has a 50 day moving average price of $38.44 and a 200-day moving average price of $38.78. The company has a market cap of $42.56 billion, a price-to-earnings ratio of 17.43, a P/E/G ratio of 2.74 and a beta of 0.56.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Morgan Stanley reduced their price objective on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Friday, November 22nd. Barclays cut their price target on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 22nd. Evercore ISI upgraded Exelon from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $43.00 to $44.00 in a report on Tuesday, January 21st. Scotiabank raised their target price on Exelon from $40.00 to $42.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 12th. Finally, Guggenheim raised Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Exelon has a consensus rating of “Moderate Buy” and an average price target of $43.13.

Exelon Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.