114,754 Shares in Exelon Co. (NASDAQ:EXC) Acquired by Headlands Technologies LLC

Headlands Technologies LLC bought a new stake in shares of Exelon Co. (NASDAQ:EXC - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 114,754 shares of the company's stock, valued at approximately $4,319,000.

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

Exelon Trading Down 4.0 %

Shares of Exelon stock traded down $1.88 on Friday, hitting $45.35. The stock had a trading volume of 13,934,023 shares, compared to its average volume of 6,940,422. The stock has a 50 day moving average of $43.17 and a 200 day moving average of $40.35. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87. Exelon Co. has a twelve month low of $34.01 and a twelve month high of $48.11. The firm has a market capitalization of $45.78 billion, a P/E ratio of 18.51, a PEG ratio of 2.86 and a beta of 0.39.

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Exelon (NASDAQ:EXC - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share (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 previous year, the company posted $0.60 earnings per share. Sell-side 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. Stockholders of record on Monday, February 24th were paid a $0.40 dividend. This is a boost from Exelon's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, February 24th. This represents a $1.60 annualized dividend and a dividend yield of 3.53%. Exelon's dividend payout ratio is presently 65.31%.

Analyst Ratings Changes

EXC has been the topic of a number of research analyst reports. Scotiabank raised their target price on Exelon from $42.00 to $44.00 and gave the company a "sector perform" rating in a report on Thursday, February 13th. Morgan Stanley lifted their target price on Exelon from $46.00 to $48.00 and gave the company an "equal weight" rating in a research report on Thursday, March 20th. Guggenheim raised shares of Exelon from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Evercore ISI raised shares of Exelon from an "in-line" rating to an "outperform" rating and lifted their price target for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Finally, Barclays upped their price objective 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. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $45.13.

Insider Transactions at Exelon

In other news, EVP Colette D. Honorable sold 1,463 shares of the company'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 sale, the executive vice president now directly owns 2,271 shares of the company's stock, valued at approximately $92,134.47. This represents a 39.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.10% of the stock is owned by corporate insiders.

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.