Jennison Associates Has Lifted Its Exelon (EXC) Stake; Last Week Centerra Gold Inc. (TSE:CG) Coverage

June 13, 2017 - By Louis Casey

Jennison Associates Llc increased Exelon Corp (EXC) stake by 15.13% reported in 2016Q4 SEC filing. Jennison Associates Llc acquired 645,287 shares as Exelon Corp (EXC)’s stock declined 1.46%. The Jennison Associates Llc holds 4.91M shares with $174.31 million value, up from 4.27M last quarter. Exelon Corp now has $33.65 billion valuation. It closed at $36.48 lastly. It is down 2.57% since June 13, 2016 and is uptrending. It has underperformed by 14.13% the S&P500.

Among 9 analysts covering Centerra Gold Inc. (TSE:CG), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. Centerra Gold Inc. had 42 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating given on Friday, December 16 by National Bank Canada. TD Securities maintained the stock with “Hold” rating in Monday, February 27 report. RBC Capital Markets maintained the shares of CG in report on Thursday, March 23 with “Underperform” rating. RBC Capital Markets maintained the stock with “Underperform” rating in Tuesday, May 2 report. The stock has “Sector Perform” rating by Scotia Capital on Wednesday, March 29. The firm has “Underperform” rating by RBC Capital Markets given on Wednesday, December 23. The company was maintained on Thursday, November 17 by Scotia Capital. The firm has “Sector Perform” rating by Scotia Capital given on Tuesday, January 17. The stock of Centerra Gold Inc. (TSE:CG) earned “Underperform” rating by RBC Capital Markets on Tuesday, January 17. RBC Capital Markets maintained the shares of CG in report on Wednesday, July 6 with “Sector Perform” rating. See Centerra Gold Inc. (TSE:CG) latest ratings:

02/05/2017 Broker: RBC Capital Markets Rating: Underperform Maintain
29/03/2017 Broker: Scotia Capital Rating: Sector Perform New Target: $8.00 Maintain
24/03/2017 Broker: Credit Suisse Rating: Outperform Old Target: $10.25 New Target: $10.00 Target Down
23/03/2017 Broker: RBC Capital Markets Rating: Underperform Maintain
27/02/2017 Broker: Scotia Capital Rating: Sector Perform New Target: $8.00 Maintain
27/02/2017 Broker: TD Securities Rating: Hold New Target: $7.00 Maintain
24/02/2017 Broker: RBC Capital Markets Rating: Underperform Maintain
03/02/2017 Broker: Desjardins Securities Rating: Old Target: $7.50 New Target: $6.75 Target Down
24/01/2017 Broker: TD Securities Rating: Hold New Target: $7.00 Maintain
17/01/2017 Broker: Canaccord Genuity Old Rating: Buy New Rating: Hold Old Target: $8.50 New Target: $7.50 Downgrade

Investors sentiment increased to 1.09 in 2016 Q4. Its up 0.04, from 1.05 in 2016Q3. It increased, as 49 investors sold EXC shares while 241 reduced holdings. 84 funds opened positions while 233 raised stakes. 679.60 million shares or 1.99% more from 666.34 million shares in 2016Q3 were reported. 274,831 are held by Natixis. Credit Agricole S A stated it has 538,362 shares or 0.06% of all its holdings. Bnp Paribas Arbitrage Sa holds 0.03% or 158,441 shares. Lehman Fincl Resources Inc reported 22,162 shares. Moreover, Sound Shore Mgmt Ct has 2.2% invested in Exelon Corporation (NYSE:EXC). Motco reported 1,424 shares. Mason Street Advsrs Llc reported 0.12% stake. Mairs & Inc has 0% invested in Exelon Corporation (NYSE:EXC) for 6,708 shares. Klingenstein Fields Comm Limited Liability Corporation invested in 0.02% or 11,298 shares. Zimmer Lp owns 0.16% invested in Exelon Corporation (NYSE:EXC) for 141,689 shares. Balasa Dinverno Foltz Lc owns 25,244 shares for 0.15% of their portfolio. Advisor Ltd Liability Corp has 8,169 shares. Kcg Holdg Inc holds 71,815 shares or 0.06% of its portfolio. United Asset Strategies holds 0.11% of its portfolio in Exelon Corporation (NYSE:EXC) for 9,765 shares. Moreover, Quantitative Inv Mngmt Limited Co has 0.35% invested in Exelon Corporation (NYSE:EXC) for 390,100 shares.

Among 20 analysts covering Exelon Corporation (NYSE:EXC), 13 have Buy rating, 1 Sell and 6 Hold. Therefore 65% are positive. Exelon Corporation had 45 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Peer Perform” rating by Wolfe Research on Thursday, March 24. The stock of Exelon Corporation (NYSE:EXC) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, March 28. The rating was maintained by Jefferies on Friday, April 21 with “Buy”. The rating was upgraded by KeyBanc Capital Markets on Tuesday, February 14 to “Overweight”. On Wednesday, April 6 the stock rating was reinitiated by Morgan Stanley with “Equal-Weight”. Jefferies maintained it with “Buy” rating and $36 target in Monday, October 10 report. The rating was downgraded by Deutsche Bank to “Hold” on Monday, April 18. The company was initiated on Thursday, March 24 by Barclays Capital. Citigroup downgraded Exelon Corporation (NYSE:EXC) on Tuesday, February 23 to “Sell” rating. The firm earned “Buy” rating on Thursday, August 11 by Deutsche Bank.

Since February 21, 2017, it had 1 insider purchase, and 1 insider sale for $78,390 activity. The insider DesParte Duane M sold $179,100. 3,000 shares were bought by ROGERS JOHN W JR, worth $100,710.

Jennison Associates Llc decreased Hunt J B Trans Svcs Inc (NASDAQ:JBHT) stake by 13,971 shares to 726,942 valued at $70.56 million in 2016Q4. It also reduced Pg&E Corp (NYSE:PCG) stake by 984,735 shares and now owns 5.56M shares. Digital Rlty Tr Inc (NYSE:DLR) was reduced too.

Investors sentiment increased to 1.25 in Q4 2016. Its up 0.20, from 1.05 in 2016Q3. It improved, as 16 investors sold Centerra Gold Inc. shares while 28 reduced holdings. 18 funds opened positions while 37 raised stakes. 31.78 million shares or 10.10% more from 28.87 million shares in 2016Q3 were reported. Artemis Inv Mngmt Limited Liability Partnership has 0.77% invested in Centerra Gold Inc. (TSE:CG). Kcg Inc accumulated 49,844 shares. Comml Bank Of Montreal Can holds 24,051 shares or 0% of its portfolio. Financial Architects reported 0% stake. Ameriprise Fincl has invested 0% in Centerra Gold Inc. (TSE:CG). Manufacturers Life Communication The owns 2,382 shares. Hightower Advisors Ltd has 0% invested in Centerra Gold Inc. (TSE:CG) for 13,450 shares. Citadel Advsrs Lc, a Illinois-based fund reported 69,056 shares. Asset Mgmt owns 19,346 shares for 0.06% of their portfolio. Nebraska-based Cwm Ltd Liability has invested 0% in Centerra Gold Inc. (TSE:CG). Fincl Bank Of Mellon invested in 0% or 17,001 shares. 14,900 are owned by Elkhorn Partnership. Balyasny Asset Management Lc accumulated 244,522 shares or 0.02% of the stock. Us Bancorporation De has invested 0% of its portfolio in Centerra Gold Inc. (TSE:CG). Carret Asset Mngmt Limited Liability owns 10,000 shares for 0.03% of their portfolio.

Since May 3, 2017, it had 0 insider purchases, and 1 insider sale for $172,747 activity. Bentley Pamela L also sold $172,747 worth of Centerra Gold Inc. (TSE:CG) on Wednesday, May 3.