Caisse Des Depots ET Consignations Invests $4.28 Million in Exelon Co. (NASDAQ:EXC)

Caisse Des Depots ET Consignations acquired a new position in shares of Exelon Co. (NASDAQ:EXC - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 113,783 shares of the company's stock, valued at approximately $4,283,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Millstone Evans Group LLC bought a new position in Exelon during the fourth quarter worth $28,000. Stephens Consulting LLC raised its holdings in Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company's stock valued at $29,000 after acquiring an additional 343 shares during the period. Brown Lisle Cummings Inc. acquired a new stake in Exelon during the fourth quarter worth approximately $30,000. Crews Bank & Trust acquired a new stake in Exelon during the fourth quarter worth approximately $34,000. Finally, Capital Advisors Ltd. LLC boosted its holdings in shares of Exelon by 119.6% during the fourth quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock worth $35,000 after acquiring an additional 513 shares during the period. 80.92% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EXC has been the topic of a number of research reports. BMO Capital Markets reaffirmed an "outperform" rating on shares of Exelon in a report on Tuesday, February 4th. Scotiabank upped their price target on shares of Exelon from $42.00 to $44.00 and gave the company a "sector perform" rating in a research note on Thursday, February 13th. Evercore ISI upgraded shares of Exelon from an "in-line" rating to an "outperform" rating and lifted their price objective for the stock from $43.00 to $44.00 in a research note on Tuesday, January 21st. Guggenheim upgraded shares of Exelon from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. Finally, UBS Group lifted their price target on shares of Exelon from $45.00 to $47.00 and gave the company a "neutral" rating in a research report on Friday, March 21st. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, Exelon currently has a consensus rating of "Moderate Buy" and an average target price of $45.13.

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Exelon Price Performance

NASDAQ EXC traded up $0.88 during trading on Monday, hitting $45.59. 4,976,212 shares of the company's stock were exchanged, compared to its average volume of 6,800,115. The company has a market cap of $46.02 billion, a PE ratio of 18.59, a P/E/G ratio of 2.86 and a beta of 0.51. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 1.61. The stock's 50 day moving average price is $42.51 and its two-hundred day moving average price is $40.15. Exelon Co. has a fifty-two week low of $34.01 and a fifty-two week high of $46.19.

Exelon (NASDAQ:EXC - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.05. Exelon had a return on equity of 9.52% and a net margin of 10.68%. During the same period in the prior year, the company earned $0.60 earnings per share. Research analysts expect that Exelon Co. will post 2.64 EPS for the current year.

Exelon Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were paid a $0.40 dividend. This is a positive change from Exelon's previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date of this dividend was Monday, February 24th. Exelon's dividend payout ratio is currently 65.31%.

Insider Buying and Selling at Exelon

In related news, EVP Colette D. Honorable sold 1,463 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the transaction, the executive vice president now directly owns 2,271 shares of the company's stock, valued at $92,134.47. This represents a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.10% of the company's stock.

Exelon Company 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.