Exelon Co. (NASDAQ:EXC) Shares Purchased by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 114.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 197,095 shares of the company's stock after acquiring an additional 105,286 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund's holdings in Exelon were worth $7,992,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of EXC. Foundations Investment Advisors LLC boosted its position in Exelon by 3.5% in the third quarter. Foundations Investment Advisors LLC now owns 7,533 shares of the company's stock valued at $305,000 after buying an additional 255 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position in Exelon by 1.0% in the third quarter. Harbor Capital Advisors Inc. now owns 28,392 shares of the company's stock valued at $1,151,000 after buying an additional 274 shares during the last quarter. Black Diamond Financial LLC boosted its position in Exelon by 2.0% in the second quarter. Black Diamond Financial LLC now owns 14,067 shares of the company's stock valued at $487,000 after buying an additional 279 shares during the last quarter. Ballentine Partners LLC boosted its position in Exelon by 2.1% in the third quarter. Ballentine Partners LLC now owns 13,922 shares of the company's stock valued at $565,000 after buying an additional 285 shares during the last quarter. Finally, Aptus Capital Advisors LLC boosted its position in Exelon by 3.3% in the second quarter. Aptus Capital Advisors LLC now owns 9,412 shares of the company's stock valued at $326,000 after buying an additional 304 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on EXC shares. Wells Fargo & Company upped their target price on Exelon from $40.00 to $42.00 and gave the company an "equal weight" rating in a research report on Friday, August 2nd. Barclays upped their price objective on Exelon from $41.00 to $44.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 15th. Scotiabank upped their price objective on Exelon from $37.00 to $40.00 and gave the stock a "sector perform" rating in a research report on Tuesday, August 20th. UBS Group upped their price objective on Exelon from $40.00 to $43.00 and gave the stock a "neutral" rating in a research report on Friday, September 20th. Finally, Morgan Stanley lowered their price objective on Exelon from $46.00 to $44.00 and set an "equal weight" rating on the stock in a research report on Friday, November 22nd. Eleven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $41.25.

Exelon Stock Up 0.1 %

NASDAQ EXC opened at $39.56 on Friday. The business has a fifty day moving average price of $39.59 and a 200 day moving average price of $37.89. Exelon Co. has a one year low of $33.35 and a one year high of $41.42. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.97 and a current ratio of 1.09. The company has a market cap of $39.75 billion, a P/E ratio of 16.28, a P/E/G ratio of 2.82 and a beta of 0.54.

Exelon (NASDAQ:EXC - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.67 by $0.04. Exelon had a return on equity of 9.47% and a net margin of 10.60%. The firm had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $5.85 billion. During the same period in the prior year, the company earned $0.67 EPS. The firm's revenue was up 2.9% compared to the same quarter last year. Research analysts anticipate that Exelon Co. will post 2.45 EPS for the current fiscal year.

Exelon Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Monday, November 11th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date of this dividend is Friday, November 8th. Exelon's dividend payout ratio (DPR) is presently 62.55%.

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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