Fjarde AP Fonden Fourth Swedish National Pension Fund Has $3.54 Million Stock Holdings in Exelon Co. (NASDAQ:EXC)

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 1,451.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 94,168 shares of the company's stock after purchasing an additional 88,100 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Exelon were worth $3,544,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Czech National Bank increased its stake in shares of Exelon by 7.0% in the 4th quarter. Czech National Bank now owns 217,868 shares of the company's stock valued at $8,201,000 after acquiring an additional 14,158 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Exelon by 20.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,624,805 shares of the company's stock worth $61,158,000 after purchasing an additional 279,827 shares in the last quarter. HITE Hedge Asset Management LLC increased its stake in Exelon by 431.3% during the 3rd quarter. HITE Hedge Asset Management LLC now owns 395,840 shares of the company's stock worth $16,051,000 after purchasing an additional 321,333 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Exelon by 2.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,446,408 shares of the company's stock worth $261,402,000 after purchasing an additional 123,466 shares in the last quarter. Finally, State Street Corp increased its stake in Exelon by 3.7% during the 3rd quarter. State Street Corp now owns 60,169,219 shares of the company's stock worth $2,439,862,000 after purchasing an additional 2,156,259 shares in the last quarter. 80.92% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Colette D. Honorable sold 1,463 shares of the firm's stock in a transaction 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 transaction, the executive vice president now owns 2,271 shares in the company, valued at approximately $92,134.47. This trade represents a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.10% of the stock is owned by company insiders.

Exelon Stock Up 0.9 %

Shares of NASDAQ EXC traded up $0.41 during trading hours on Friday, hitting $44.20. The company had a trading volume of 12,319,512 shares, compared to its average volume of 7,400,085. The firm's 50 day moving average is $40.13 and its 200-day moving average is $39.32. Exelon Co. has a 1-year low of $34.01 and a 1-year high of $44.46. The stock has a market capitalization of $44.43 billion, a P/E ratio of 18.04, a price-to-earnings-growth ratio of 2.86 and a beta of 0.56. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61.

Exelon (NASDAQ:EXC - Get Free Report) last posted its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, topping 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 quarter in the prior year, the company earned $0.60 earnings per share. On average, analysts expect 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 will be paid on Friday, March 14th. Stockholders of record on Monday, February 24th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, February 24th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.62%. This is an increase from Exelon's previous quarterly dividend of $0.38. Exelon's dividend payout ratio (DPR) is currently 65.31%.

Analysts Set New Price Targets

A number of analysts recently issued reports on EXC shares. Barclays increased their target price on Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a research note on Tuesday. Morgan Stanley decreased their price target on shares of Exelon from $46.00 to $44.00 and set an "equal weight" rating for the company in a research note on Friday, November 22nd. BMO Capital Markets reaffirmed an "outperform" rating on shares of Exelon in a research note on Tuesday, February 4th. Scotiabank raised their price target 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. Finally, Evercore ISI raised shares of Exelon from an "in-line" rating to an "outperform" rating and raised their price target for the stock from $43.00 to $44.00 in a research note on Tuesday, January 21st. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $44.13.

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.