Exelon Co. (NASDAQ:EXC) Shares Acquired by California Public Employees Retirement System

California Public Employees Retirement System raised its holdings in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 0.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,604,297 shares of the company's stock after purchasing an additional 15,376 shares during the quarter. California Public Employees Retirement System owned 0.46% of Exelon worth $173,306,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. D.A. Davidson & CO. grew its stake in Exelon by 3.1% in the third quarter. D.A. Davidson & CO. now owns 25,851 shares of the company's stock worth $1,048,000 after purchasing an additional 785 shares in the last quarter. Townsquare Capital LLC lifted its holdings in shares of Exelon by 24.1% in the 3rd quarter. Townsquare Capital LLC now owns 16,517 shares of the company's stock worth $670,000 after buying an additional 3,208 shares during the period. CreativeOne Wealth LLC bought a new position in shares of Exelon during the 3rd quarter worth $268,000. Public Sector Pension Investment Board raised its holdings in shares of Exelon by 3.0% in the third quarter. Public Sector Pension Investment Board now owns 174,692 shares of the company's stock valued at $7,084,000 after acquiring an additional 5,100 shares in the last quarter. Finally, Captrust Financial Advisors raised its holdings in shares of Exelon by 4.2% in the third quarter. Captrust Financial Advisors now owns 46,081 shares of the company's stock valued at $1,869,000 after acquiring an additional 1,868 shares in the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

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Exelon Stock Up 0.1 %

Shares of EXC stock traded up $0.05 during trading hours on Wednesday, reaching $45.97. 6,829,861 shares of the company's stock were exchanged, compared to its average volume of 6,860,771. Exelon Co. has a 1 year low of $34.01 and a 1 year high of $46.46. 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 has a market cap of $46.41 billion, a PE ratio of 18.76, a PEG ratio of 2.86 and a beta of 0.51. The stock's fifty day moving average price is $42.75 and its two-hundred day moving average price is $40.23.

Exelon (NASDAQ:EXC - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share (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 quarter last year, the business posted $0.60 EPS. Research analysts predict that Exelon Co. will post 2.64 EPS for the current year.

Exelon Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, February 24th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.48%. This is a boost from Exelon's previous quarterly dividend of $0.38. The ex-dividend date was Monday, February 24th. Exelon's payout ratio is presently 65.31%.

Insider Buying and Selling at Exelon

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of Exelon 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 owns 2,271 shares of the company's stock, valued at approximately $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.10% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on EXC shares. Evercore ISI upgraded shares of Exelon from an "in-line" rating to an "outperform" rating and boosted their price target for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Scotiabank boosted their price objective on shares of Exelon from $42.00 to $44.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 13th. Barclays upped their target price on Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. Guggenheim upgraded Exelon from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Finally, UBS Group raised their price objective on 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 assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $45.13.

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.