DRW Securities LLC Increases Stock Holdings in Exelon Co. (NASDAQ:EXC)

DRW Securities LLC increased its stake in Exelon Co. (NASDAQ:EXC - Free Report) by 36.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 314,690 shares of the company's stock after purchasing an additional 84,894 shares during the quarter. Exelon accounts for 0.4% of DRW Securities LLC's portfolio, making the stock its 27th largest position. DRW Securities LLC's holdings in Exelon were worth $11,845,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in Exelon in the 4th quarter worth $479,597,000. FMR LLC boosted its position in shares of Exelon by 46.9% during the fourth quarter. FMR LLC now owns 17,306,652 shares of the company's stock worth $651,422,000 after acquiring an additional 5,524,103 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Exelon by 109.0% during the third quarter. JPMorgan Chase & Co. now owns 5,884,282 shares of the company's stock valued at $238,608,000 after acquiring an additional 3,068,309 shares in the last quarter. Vanguard Group Inc. increased its holdings in Exelon by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 127,335,351 shares of the company's stock valued at $4,792,903,000 after acquiring an additional 3,064,673 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Exelon by 25.8% in the 4th quarter. Invesco Ltd. now owns 13,718,745 shares of the company's stock worth $516,374,000 after purchasing an additional 2,817,174 shares in the last quarter. Institutional investors own 80.92% of the company's stock.

Exelon Stock Up 1.4 %

Shares of EXC stock traded up $0.63 during mid-day trading on Monday, hitting $46.63. 3,417,804 shares of the stock traded hands, compared to its average volume of 7,161,048. Exelon Co. has a 52-week low of $34.01 and a 52-week high of $48.11. The stock has a market cap of $47.07 billion, a P/E ratio of 19.03, a P/E/G ratio of 2.86 and a beta of 0.39. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. The stock's fifty day moving average is $43.81 and its two-hundred day moving average is $40.59.

Exelon (NASDAQ:EXC - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 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 quarter last year, the firm posted $0.60 earnings per share. Equities analysts predict that Exelon Co. will post 2.64 EPS for the current 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 represents a $1.60 annualized dividend and a dividend yield of 3.43%. This is an increase from Exelon's previous quarterly dividend of $0.38. The ex-dividend date was Monday, February 24th. Exelon's dividend payout ratio is presently 65.31%.

Insider Buying and Selling

In related 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 transaction of $59,353.91. Following the sale, the executive vice president now directly 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently commented on EXC. Evercore ISI upgraded Exelon from an "in-line" rating to an "outperform" rating and boosted their target price for the stock from $43.00 to $44.00 in a research report on Tuesday, January 21st. Guggenheim raised shares of Exelon from a "neutral" rating to a "buy" rating in a research note on Thursday, January 23rd. Scotiabank raised their target price on shares of 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 reiterated an "outperform" rating on shares of Exelon in a report on Tuesday, February 4th. Finally, Morgan Stanley lifted their target price on Exelon from $46.00 to $48.00 and gave the company an "equal weight" rating in a research report on Thursday, March 20th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $45.13.

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.