American Century Companies Inc. Grows Holdings in Exelon Co. (NASDAQ:EXC)

American Century Companies Inc. lifted its position in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 17.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 543,158 shares of the company's stock after acquiring an additional 80,268 shares during the quarter. American Century Companies Inc. owned approximately 0.05% of Exelon worth $20,445,000 at the end of the most recent reporting period.

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

Exelon Stock Up 0.1 %

NASDAQ:EXC traded up $0.03 during trading hours on Wednesday, reaching $45.95. The company had a trading volume of 3,909,421 shares, compared to its average volume of 7,624,810. The business's 50-day simple moving average is $42.75 and its two-hundred day simple moving average is $40.23. Exelon Co. has a twelve month low of $34.01 and a twelve month high of $46.47. The firm has a market cap of $46.39 billion, a price-to-earnings ratio of 18.76, a P/E/G ratio of 2.86 and a beta of 0.51. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61.

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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 return on equity of 9.52% and a net margin of 10.68%. During the same quarter in the prior year, the business earned $0.60 earnings per share. On average, equities analysts expect that Exelon Co. will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, February 24th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.48%. This is a positive change from Exelon's previous quarterly dividend of $0.38. The ex-dividend date was Monday, February 24th. Exelon's dividend payout ratio (DPR) is 65.31%.

Insider Activity

In other 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 transaction, the executive vice president now owns 2,271 shares in the company, valued at $92,134.47. This trade represents a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.10% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on EXC shares. Morgan Stanley raised their price objective on Exelon from $46.00 to $48.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 20th. UBS Group raised their price target on shares of Exelon from $45.00 to $47.00 and gave the stock a "neutral" rating in a report on Friday, March 21st. Barclays boosted their price target on shares of Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 25th. Guggenheim raised shares of Exelon from a "neutral" rating to a "buy" rating in a research note on Thursday, January 23rd. Finally, Scotiabank upped their price target 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. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $45.13.

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.