Nordea Investment Management Adds $104M in Exelon Corporation ($EXC)
Key Points
- Nordea Investment Management changed its Exelon Corporation ($EXC) stake by 27.76% last quarter, boosting to 10,282,589 shares worth $479.37 million.
- Wall Street's consensus rating on $EXC is Hold and an average price target of $48.88.
- $EXC last traded around $46.62.
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Nordea Investment Management increased its position in Exelon Corporation ($EXC) by 27.76% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,282,589 shares of Exelon Corporation after buying 2,234,234 shares during the quarter. Nordea Investment Management's holdings in Exelon Corporation were worth $479.37 million as of its most recent filing.
Exelon Corporation Stock Up 6.1%
Shares of Exelon Corporation ($EXC) traded around $46.62 on Saturday, up 6.1% for the day.
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About Exelon Corporation
Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States. 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. It serves residential, commercial, industrial, and public authorities and electric railroads customers. Exelon Corporation was incorporated in 1999 and is headquartered in Chicago, Illinois.
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