Exelon Co. (NASDAQ:EXC) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its position in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,343,943 shares of the company's stock after acquiring an additional 34,219 shares during the period. Dimensional Fund Advisors LP owned approximately 0.33% of Exelon worth $125,866,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Norges Bank purchased a new position in Exelon in the 4th quarter worth about $479,597,000. FMR LLC raised its holdings in shares of Exelon by 46.9% during the fourth quarter. FMR LLC now owns 17,306,652 shares of the company's stock valued at $651,422,000 after acquiring an additional 5,524,103 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Exelon by 109.0% in the 3rd 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. boosted its stake in Exelon by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 127,335,351 shares of the company's stock worth $4,792,903,000 after purchasing an additional 3,064,673 shares during the period. Finally, Invesco Ltd. grew its position in Exelon by 25.8% during 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. 80.92% of the stock is currently owned by institutional investors.

Insider Activity at Exelon

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total value of $59,353.91. Following the sale, 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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.10% of the stock is currently owned by company insiders.

Exelon Trading Down 0.2 %

Exelon stock opened at $46.22 on Friday. Exelon Co. has a one year low of $34.01 and a one year high of $48.11. The company's fifty day moving average price is $44.73 and its two-hundred day moving average price is $41.04. The company has a market capitalization of $46.66 billion, a price-to-earnings ratio of 18.87, a PEG 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.

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

Exelon Increases Dividend

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

Analysts Set New Price Targets

Several research firms recently weighed in on EXC. Evercore ISI reissued an "in-line" rating and set a $48.00 price target (up from $46.00) on shares of Exelon in a research report on Tuesday, April 15th. Guggenheim set a $47.00 price objective on shares of Exelon and gave the company a "buy" rating in a research report on Tuesday. Morgan Stanley increased 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. Scotiabank boosted their price target on shares of Exelon from $42.00 to $44.00 and gave the company a "sector perform" rating in a report on Thursday, February 13th. Finally, BMO Capital Markets reiterated an "outperform" rating on shares of Exelon in a report on Tuesday, February 4th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $45.78.

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.

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