Gqg Partners Reduces $123M in Exelon Corporation ($EXC)
Key Points
- Gqg Partners changed its Exelon Corporation ($EXC) stake by 10.8% last quarter, cutting to 22,278,201 shares worth $1.01 billion.
- Wall Street's consensus rating on $EXC is Hold and an average price target of $49.33.
- $EXC last traded around $45.51.
Gqg Partners reduced its position in Exelon Corporation ($EXC) by 10.8% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,278,201 shares of Exelon Corporation after selling 2,701,373 shares during the quarter. Gqg Partners's holdings in Exelon Corporation were worth $1.01 billion as of its most recent filing.
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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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