Sei Investments Co. Acquires 12,845 Shares of Exelon Co. (NASDAQ:EXC)

Sei Investments Co. raised its position in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 2.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 671,317 shares of the company's stock after purchasing an additional 12,845 shares during the period. Sei Investments Co. owned 0.07% of Exelon worth $25,269,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of EXC. Millstone Evans Group LLC acquired a new position in shares of Exelon during the fourth quarter valued at $28,000. Stephens Consulting LLC grew its position in Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company's stock valued at $29,000 after buying an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. acquired a new position in Exelon during the 4th quarter valued at about $30,000. Crews Bank & Trust acquired a new position in Exelon during the 4th quarter valued at about $34,000. Finally, Capital Advisors Ltd. LLC raised its position in shares of Exelon by 119.6% during 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 in the last quarter. Institutional investors own 80.92% of the company's stock.

Exelon Trading Up 1.0 %

Shares of Exelon stock traded up $0.46 on Friday, reaching $44.71. 8,285,209 shares of the company were exchanged, compared to its average volume of 6,806,051. Exelon Co. has a fifty-two week low of $34.01 and a fifty-two week high of $45.20. The firm has a market capitalization of $45.14 billion, a price-to-earnings ratio of 18.25, a price-to-earnings-growth ratio of 2.86 and a beta of 0.51. 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 fifty day moving average price of $42.51 and a 200-day moving average price of $40.15.

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

Exelon Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, February 24th were given a $0.40 dividend. This is an increase from Exelon's previous quarterly dividend of $0.38. The ex-dividend date was Monday, February 24th. This represents a $1.60 dividend on an annualized basis and a yield of 3.58%. Exelon's dividend payout ratio is presently 65.31%.

Analyst Upgrades and Downgrades

EXC has been the subject of several recent analyst reports. UBS Group increased their price objective on shares of Exelon from $45.00 to $47.00 and gave the company a "neutral" rating in a report on Friday, March 21st. Scotiabank increased their price target on Exelon from $42.00 to $44.00 and gave the company a "sector perform" rating in a research note on Thursday, February 13th. Morgan Stanley boosted their price objective on Exelon from $46.00 to $48.00 and gave the stock an "equal weight" rating in a research note on Thursday, March 20th. BMO Capital Markets restated an "outperform" rating on shares of Exelon in a report on Tuesday, February 4th. Finally, Guggenheim raised Exelon from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Exelon has a consensus rating of "Moderate Buy" and an average target price of $45.13.

Insider Buying and Selling at Exelon

In related news, EVP Colette D. Honorable sold 1,463 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the transaction, the executive vice president now owns 2,271 shares of the company's stock, 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.10% of the company's stock.

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.