Capital Research Global Investors Acquires 5,418 Shares of Exelon Co. (NASDAQ:EXC)

Capital Research Global Investors lifted its position in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 0.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,209,639 shares of the company's stock after purchasing an additional 5,418 shares during the quarter. Capital Research Global Investors owned 0.32% of Exelon worth $120,811,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Covalis Capital LLP bought a new stake in Exelon during the 4th quarter worth approximately $15,276,000. Dimensional Fund Advisors LP grew its holdings in Exelon by 1.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,343,943 shares of the company's stock worth $125,866,000 after buying an additional 34,219 shares in the last quarter. First Trust Advisors LP raised its position in Exelon by 4.6% in the 4th quarter. First Trust Advisors LP now owns 3,900,962 shares of the company's stock valued at $146,832,000 after buying an additional 169,833 shares during the last quarter. Commerce Bank lifted its stake in Exelon by 1.2% during the 4th quarter. Commerce Bank now owns 49,895 shares of the company's stock valued at $1,878,000 after acquiring an additional 605 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its holdings in Exelon by 3.5% during the 4th quarter. Canada Pension Plan Investment Board now owns 2,400,110 shares of the company's stock worth $90,340,000 after acquiring an additional 81,652 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors.

Insider Activity

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the company's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total value of $59,353.91. Following the completion of the transaction, the executive vice president now directly owns 2,271 shares in the company, valued at approximately $92,134.47. This represents a 39.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on EXC shares. UBS Group raised 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. Morgan Stanley lifted their target price on shares of Exelon from $46.00 to $48.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 20th. Barclays upped their target price on Exelon from $42.00 to $48.00 and gave the company an "overweight" rating in a report on Tuesday, February 25th. Guggenheim set a $47.00 price target on Exelon and gave the stock a "buy" rating in a report on Tuesday. Finally, BMO Capital Markets restated an "outperform" rating on shares of Exelon in a research note on Tuesday, February 4th. Five 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 stock has an average rating of "Hold" and a consensus price target of $45.78.

Exelon Stock Performance

Shares of Exelon stock traded down $0.11 during trading hours on Friday, reaching $46.22. The company had a trading volume of 6,269,519 shares, compared to its average volume of 7,251,798. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. 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 $46.66 billion, a PE ratio of 18.87, a price-to-earnings-growth ratio of 2.86 and a beta of 0.39. The business has a fifty day simple moving average of $44.65 and a 200 day simple moving average of $40.99.

Exelon (NASDAQ:EXC - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, beating 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 last year, the company earned $0.60 earnings per share. On average, analysts anticipate that Exelon Co. will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were given a $0.40 dividend. This is an increase from Exelon's previous quarterly dividend of $0.38. The ex-dividend date was Monday, February 24th. This represents a $1.60 dividend on an annualized basis and a yield of 3.46%. Exelon's payout ratio is presently 65.31%.

About Exelon

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.