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Stocks In Action: The Bank of New York Mellon Corporation (BK), Exelon Corporation (EXC), HEALTHSOUTH Corp. (HLS)


The Bank of New York Mellon Corporation (BK) traded within a range of $42.73 to $43.25 after opening the day at $43.16. The company has seen its stock increase in value by 5.91% so far this year. The stock was down close to -1.22% on active volume in last trading session and closed at $42.87 per share. After the recent fall, the stock is currently holding -2.4% below its 52 week high of $44.73 and 34.92% above its 12-month low of $32.2. The shares are up by over 10.57% in the last three months, and the RSI indicator value of 61.48 is neither bullish nor bearish, tempting investors to stay on the sidelines.

The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Management and Investment Services. The company offers investment management; trust and custody; foreign exchange; fund administration; global collateral services; securities lending; depositary receipts; corporate trust; global payment/cash management; banking services; and clearing services. It also provides mutual funds, separate accounts, wealth management and private banking services; and broker-dealer services, registered investment advisory services, prime brokerage services, and working capital solutions. In addition, the company is involved in credit-related activities, business exits, leasing operations, and corporate treasury activities; and the provision of global markets and institutional banking services. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.

Exelon Corporation (EXC) continued its downward trend with the stock declining -1.68% or $-0.56 to close the day at $32.7 on active trading volume of 5.31M shares, compared to its three month average trading volume of 4.81M. The Chicago Illinois 60680 based company has been outperforming the diversified utilities group over the past 52 weeks, with the stock gaining 19.21%, compared to the industry which has advanced 10.71% over the same period. With RSI of 45.01, the stock should still continue to rise and get closer to its one year target estimate of $36.71, making it a hold for now.

Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States and Canada. It owns electric generating facilities, such as nuclear, fossil, and hydroelectric generation facilities, as well as wind and solar facilities. The company also sells renewable energy and other energy-related products and services; and engages in natural gas and oil exploration and production activities, as well as sells electricity and natural gas to wholesale and retail customers. In addition, it is involved in the purchase and regulated retail sale of electricity, and the provision of electricity transmission and distribution services to retail customers in northern Illinois, southeastern Pennsylvania, and central Maryland. Further, the company engages in the purchase and regulated retail sale of natural gas, and the provision of gas distribution services to retail customers in the Pennsylvania counties surrounding the City of Philadelphia, as well as in central Maryland, including the City of Baltimore. It serves distribution utilities, municipalities, cooperatives, and financial institutions, as well as commercial, industrial, governmental, and residential customers. The company was founded in 1887 and is headquartered in Chicago, Illinois.

HEALTHSOUTH Corp. (HLS) gained $1.83 to close the day at a new closing price of $41.09, a 4.66% increase in value from its previous closing price that moved the stock 38.27% above its 52 week low of $30.26. A total of 5.29M shares exchanged hands during the day compared with its three month average trading volume of 635.15K. The stock, which fluctuated between $40.36 and $41.55 during the day, currently situated -4.72% below its 52 week high. The stock is up by 1.91% in the past one month and down by -2.06% over the past three months. With a one year target estimate of $46 and RSI of 57.54, the stock still has upside potential, making it a hold for now.

HealthSouth Corporation owns and operates inpatient rehabilitation hospitals, home health agencies, and hospice agencies in the United States. The company provides specialized rehabilitative treatment on an inpatient and outpatient basis. Its inpatient rehabilitation hospitals offer specialized rehabilitative care services to patients in various disabilities or injuries due to medical conditions, such as strokes, hip fractures, and various debilitating neurological conditions. The company also provides facility-based and home-based post-acute services. As of December 31, 2015, it operated 121 inpatient rehabilitation hospitals in 29 states and Puerto Rico; and managed 3 inpatient rehabilitation units through management contracts. The company was founded in 1983 and is headquartered in Birmingham, Alabama.

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