BTG Pactual Asset Management US LLC grew its holdings in Exelon Co. (NASDAQ:EXC - Free Report) by 68.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 267,764 shares of the company's stock after buying an additional 108,463 shares during the quarter. Exelon makes up about 1.0% of BTG Pactual Asset Management US LLC's investment portfolio, making the stock its 18th largest holding. BTG Pactual Asset Management US LLC's holdings in Exelon were worth $10,079,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Millstone Evans Group LLC bought a new stake in Exelon during the 4th quarter valued at approximately $28,000. Stephens Consulting LLC grew its stake in Exelon by 78.1% in the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company's stock worth $29,000 after purchasing an additional 343 shares during the period. Brown Lisle Cummings Inc. purchased a new stake in Exelon in the fourth quarter worth $30,000. Crews Bank & Trust bought a new position in Exelon in the fourth quarter worth $34,000. Finally, Capital Advisors Ltd. LLC lifted its position in Exelon by 119.6% during the fourth quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock valued at $35,000 after buying an additional 513 shares during the period. 80.92% of the stock is currently owned by institutional investors.
Exelon Stock Performance
Shares of EXC stock traded up $0.75 during trading hours on Friday, reaching $47.26. The company had a trading volume of 7,496,103 shares, compared to its average volume of 7,217,168. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87. The business has a fifty day moving average price of $44.25 and a 200-day moving average price of $40.77. Exelon Co. has a one year low of $34.01 and a one year high of $48.11. The firm has a market cap of $47.71 billion, a PE ratio of 19.29, a price-to-earnings-growth ratio of 2.86 and a beta of 0.39.
Exelon (NASDAQ:EXC - Get Free Report) last posted its earnings results on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.05. Exelon had a net margin of 10.68% and a return on equity of 9.52%. During the same period in the prior year, the firm posted $0.60 earnings per share. Sell-side analysts predict that Exelon Co. will post 2.64 earnings per share for the current fiscal year.
Exelon Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were given a dividend of $0.40 per share. The ex-dividend date was Monday, February 24th. This represents a $1.60 annualized dividend and a dividend yield of 3.39%. This is a positive change from Exelon's previous quarterly dividend of $0.38. Exelon's dividend payout ratio is presently 65.31%.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the stock. Barclays upped their target price on shares of Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 25th. Evercore ISI reiterated an "in-line" rating and set a $48.00 target price (up from $46.00) on shares of Exelon in a report on Tuesday. Scotiabank boosted their price target on Exelon from $42.00 to $44.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 13th. BMO Capital Markets reaffirmed an "outperform" rating on shares of Exelon in a research report on Tuesday, February 4th. Finally, Guggenheim raised Exelon from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $45.63.
Read Our Latest Analysis on EXC
Insider Buying and Selling
In other news, EVP Colette D. Honorable sold 1,463 shares of the firm's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $40.57, for a total value of $59,353.91. Following the transaction, the executive vice president now owns 2,271 shares of the company's stock, valued at $92,134.47. This trade represents a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.10% of the stock is currently owned by insiders.
Exelon Profile
(
Free Report)
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.
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