Hudson Bay Capital Management LP Sells 237,224 Shares of Exelon Corporation $EXC

robot
Abstract generation in progress

Hudson Bay Capital Management LP significantly reduced its stake in Exelon Corporation (NASDAQ:EXC) by 44.7% in the third quarter, selling 237,224 shares. Despite this, other institutional investors like Vanguard Group Inc. and State Street Corp increased their positions. Exelon recently beat its earnings estimates, raised its quarterly dividend to $0.42 per share, and has a consensus “Hold” rating from analysts with an average price target of $50.93.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin