Aviso Wealth Management Acquires 17,433 Shares of Exelon Co. (NASDAQ:EXC)

Aviso Wealth Management lifted its position in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 188.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,702 shares of the company's stock after purchasing an additional 17,433 shares during the period. Aviso Wealth Management's holdings in Exelon were worth $1,083,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in EXC. Clearbridge Investments LLC grew its position in Exelon by 10.5% in the first quarter. Clearbridge Investments LLC now owns 1,645,737 shares of the company's stock valued at $61,830,000 after acquiring an additional 156,201 shares during the last quarter. Czech National Bank lifted its stake in Exelon by 8.8% in the 2nd quarter. Czech National Bank now owns 190,537 shares of the company's stock valued at $6,594,000 after purchasing an additional 15,389 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in Exelon in the first quarter valued at approximately $681,000. Andra AP fonden grew its stake in shares of Exelon by 56.4% during the second quarter. Andra AP fonden now owns 138,100 shares of the company's stock worth $4,780,000 after buying an additional 49,800 shares during the last quarter. Finally, Cetera Advisors LLC increased its holdings in shares of Exelon by 33.6% during the first quarter. Cetera Advisors LLC now owns 57,114 shares of the company's stock worth $2,146,000 after buying an additional 14,366 shares in the last quarter. Institutional investors own 80.92% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on EXC. Morgan Stanley raised their price objective on Exelon from $42.00 to $45.00 and gave the company an "equal weight" rating in a report on Wednesday, September 25th. Barclays boosted their target price on shares of Exelon from $41.00 to $44.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 15th. UBS Group upped their price objective on shares of Exelon from $40.00 to $43.00 and gave the company a "neutral" rating in a report on Friday, September 20th. Jefferies Financial Group started coverage on shares of Exelon in a report on Thursday, September 19th. They issued a "buy" rating and a $46.00 price target on the stock. Finally, Scotiabank lifted their target price on shares of Exelon from $37.00 to $40.00 and gave the stock a "sector perform" rating in a research note on Tuesday, August 20th. Eleven analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $41.33.

Exelon Stock Performance

NASDAQ:EXC traded up $0.22 during mid-day trading on Monday, hitting $39.33. 3,557,174 shares of the company traded hands, compared to its average volume of 6,741,974. Exelon Co. has a one year low of $33.35 and a one year high of $41.42. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.66. The firm has a market cap of $39.52 billion, a price-to-earnings ratio of 16.09, a price-to-earnings-growth ratio of 2.79 and a beta of 0.54. The stock's fifty day moving average price is $39.68 and its 200-day moving average price is $37.79.

Exelon (NASDAQ:EXC - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.67 by $0.04. The company had revenue of $6.15 billion during the quarter, compared to analyst estimates of $5.85 billion. Exelon had a net margin of 10.60% and a return on equity of 9.47%. Exelon's quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.67 earnings per share. Research analysts anticipate that Exelon Co. will post 2.45 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Monday, November 11th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend is Friday, November 8th. Exelon's payout ratio is currently 62.55%.

Exelon Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.