We Are One Seven LLC purchased a new position in shares of Exelon Co. (NYSE:EXC) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,116 shares of the energy giant’s stock, valued at approximately $185,000.
Several other institutional investors and hedge funds also recently modified their holdings of EXC. Balasa Dinverno & Foltz LLC boosted its stake in shares of Exelon by 6.9% in the 3rd quarter. Balasa Dinverno & Foltz LLC now owns 37,598 shares of the energy giant’s stock valued at $1,642,000 after purchasing an additional 2,437 shares in the last quarter. Russell Investments Group Ltd. boosted its position in Exelon by 31.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 3,733,728 shares of the energy giant’s stock worth $161,330,000 after buying an additional 902,458 shares during the period. UMB Bank N A MO boosted its position in Exelon by 66.7% during the 3rd quarter. UMB Bank N A MO now owns 8,697 shares of the energy giant’s stock worth $380,000 after buying an additional 3,480 shares during the period. DT Investment Partners LLC boosted its position in Exelon by 7.5% during the 3rd quarter. DT Investment Partners LLC now owns 97,482 shares of the energy giant’s stock worth $4,256,000 after buying an additional 6,763 shares during the period. Finally, Cerebellum GP LLC acquired a new stake in Exelon during the 3rd quarter worth approximately $185,000. 78.65% of the stock is currently owned by institutional investors.
NYSE:EXC opened at $47.72 on Monday. The firm has a market capitalization of $46.15 billion, a PE ratio of 15.29, a P/E/G ratio of 3.33 and a beta of 0.39. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.33 and a quick ratio of 1.16. Exelon Co. has a twelve month low of $35.87 and a twelve month high of $48.17.
Exelon (NYSE:EXC) last released its quarterly earnings data on Friday, February 8th. The energy giant reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.01. The company had revenue of $8.81 billion during the quarter, compared to analyst estimates of $6.60 billion. Exelon had a net margin of 10.67% and a return on equity of 9.35%. Exelon’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.55 EPS. Analysts forecast that Exelon Co. will post 3.16 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 8th. Shareholders of record on Wednesday, February 20th will be issued a dividend of $0.3625 per share. This represents a $1.45 dividend on an annualized basis and a yield of 3.04%. This is an increase from Exelon’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Tuesday, February 19th. Exelon’s payout ratio is currently 44.23%.
EXC has been the topic of several recent research reports. Wells Fargo & Co reiterated a “hold” rating on shares of Exelon in a research report on Friday. SunTrust Banks reiterated a “hold” rating and set a $48.00 target price on shares of Exelon in a research report on Monday, December 3rd. Zacks Investment Research upgraded shares of Exelon from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a research report on Friday, December 7th. Barclays raised their price target on shares of Exelon from $46.00 to $47.00 and gave the stock a “hold” rating in a report on Monday, November 19th. Finally, Morgan Stanley set a $48.00 price target on shares of Exelon and gave the stock a “hold” rating in a report on Friday, November 2nd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the company. Exelon has a consensus rating of “Hold” and a consensus price target of $46.53.
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Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. The company owns electric generating facilities, such as nuclear, fossil, wind, hydroelectric, and solar generating facilities. It also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.
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