Exelon Co. (NASDAQ:EXC) Shares Acquired by Mariner LLC

Mariner LLC grew its position in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 17.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 138,213 shares of the company's stock after acquiring an additional 20,824 shares during the quarter. Mariner LLC's holdings in Exelon were worth $5,202,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Millstone Evans Group LLC purchased a new stake in Exelon during the 4th quarter valued at $28,000. Stephens Consulting LLC lifted its position in shares of Exelon by 78.1% during the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company's stock worth $29,000 after purchasing an additional 343 shares during the last quarter. Brown Lisle Cummings Inc. bought a new position in shares of Exelon in the fourth quarter worth about $30,000. Crews Bank & Trust bought a new position in shares of Exelon in the fourth quarter worth about $34,000. Finally, Capital Advisors Ltd. LLC increased its stake in Exelon by 119.6% in the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock worth $35,000 after buying an additional 513 shares during the period. 80.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EXC has been the topic of a number of research analyst reports. Morgan Stanley upped their target price on shares of Exelon from $46.00 to $48.00 and gave the stock an "equal weight" rating in a research note on Thursday, March 20th. Guggenheim upgraded Exelon from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. UBS Group increased their price target on Exelon from $45.00 to $47.00 and gave the stock a "neutral" rating in a research report on Friday, March 21st. BMO Capital Markets reaffirmed an "outperform" rating on shares of Exelon in a research note on Tuesday, February 4th. Finally, Scotiabank raised their target price on shares of Exelon from $42.00 to $44.00 and gave the company a "sector perform" rating in a research report on Thursday, February 13th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $45.63.

Exelon Stock Performance

Exelon stock traded up $1.14 during mid-day trading on Tuesday, reaching $47.37. 7,381,381 shares of the company traded hands, compared to its average volume of 7,240,251. Exelon Co. has a fifty-two week low of $34.01 and a fifty-two week high of $48.11. The firm's fifty day moving average is $44.50 and its two-hundred day moving average is $40.90. 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 company has a market capitalization of $47.82 billion, a price-to-earnings ratio of 19.33, a price-to-earnings-growth ratio of 2.86 and a beta of 0.39.

Exelon (NASDAQ:EXC - Get Free Report) last released 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 net margin of 10.68% and a return on equity of 9.52%. During the same period in the prior year, the company posted $0.60 EPS. On average, equities research analysts expect that Exelon Co. will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were given a dividend of $0.40 per share. This is a boost from Exelon's previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a yield of 3.38%. The ex-dividend date of this dividend was Monday, February 24th. Exelon's dividend payout ratio (DPR) is currently 65.31%.

Insider Buying and Selling

In related news, EVP Colette D. Honorable sold 1,463 shares of the business's 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 sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.10% of the stock is currently owned by insiders.

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.