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Hedge funds boost stakes in Exelon as Q4 earnings beat expectations, dividend rises.
Hedge funds, including Machina Capital S.A.S., have increased their stakes in Exelon Co. (NASDAQ: EXC).
Exelon's Q4 earnings of $0.64 per share beat expectations, and the company announced a quarterly dividend of $0.40 per share, a 6.67% increase.
Brokerages like Guggenheim and Barclays have upgraded their ratings and price targets for the stock.
Exelon is a utility company involved in energy distribution and transmission in the U.S. and Canada.
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Los fondos de cobertura aumentan las participaciones en Exelon a medida que las ganancias del Q4 superan las expectativas, los dividendos aumentan.