Exelon Co. (NASDAQ:EXC) Given Consensus Rating of "Hold" by Brokerages

Exelon Co. (NASDAQ:EXC - Get Free Report) has been assigned a consensus recommendation of "Hold" from the fourteen brokerages that are presently covering the stock, Marketbeat.com reports. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $41.33.

A number of equities analysts recently weighed in on the stock. Barclays boosted their target price on shares of Exelon from $41.00 to $44.00 and gave the stock an "overweight" rating in a report on Tuesday, October 15th. Morgan Stanley upped their target price on shares of Exelon from $42.00 to $45.00 and gave the company an "equal weight" rating in a report on Wednesday, September 25th. Scotiabank lifted their price target on Exelon from $37.00 to $40.00 and gave the stock a "sector perform" rating in a report on Tuesday, August 20th. UBS Group upped their price objective on Exelon from $40.00 to $43.00 and gave the company a "neutral" rating in a research note on Friday, September 20th. Finally, Jefferies Financial Group began coverage on Exelon in a research report on Thursday, September 19th. They issued a "buy" rating and a $46.00 price objective for the company.

Exelon Stock Up 0.1 %

Shares of Exelon stock traded up $0.03 during trading hours on Tuesday, reaching $40.53. 5,737,963 shares of the company's stock were exchanged, compared to its average volume of 6,421,600. The stock has a market cap of $40.55 billion, a P/E ratio of 16.68, a P/E/G ratio of 2.96 and a beta of 0.53. The company has a 50 day moving average of $39.31 and a two-hundred day moving average of $37.57. The company has a current ratio of 1.03, a quick ratio of 0.93 and a debt-to-equity ratio of 1.66. Exelon has a fifty-two week low of $33.35 and a fifty-two week high of $41.48.

Exelon (NASDAQ:EXC - Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.40 by $0.07. The firm had revenue of $5.36 billion during the quarter, compared to analysts' expectations of $4.98 billion. Exelon had a return on equity of 9.40% and a net margin of 10.65%. During the same period in the prior year, the firm posted $0.41 earnings per share. On average, sell-side analysts forecast that Exelon will post 2.45 EPS for the current fiscal year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Monday, August 12th were paid a $0.38 dividend. The ex-dividend date was Monday, August 12th. This represents a $1.52 annualized dividend and a dividend yield of 3.75%. Exelon's dividend payout ratio (DPR) is presently 62.55%.

Institutional Investors Weigh In On Exelon

A number of large investors have recently added to or reduced their stakes in the stock. Register Financial Advisors LLC acquired a new position in shares of Exelon during the 1st quarter worth $26,000. Crewe Advisors LLC acquired a new stake in shares of Exelon during the first quarter valued at about $26,000. Versant Capital Management Inc raised its holdings in Exelon by 646.2% in the 2nd quarter. Versant Capital Management Inc now owns 776 shares of the company's stock valued at $27,000 after buying an additional 672 shares during the last quarter. J.Safra Asset Management Corp acquired a new stake in Exelon during the 2nd quarter worth approximately $28,000. Finally, American National Bank & Trust grew its holdings in Exelon by 178.8% during the 3rd quarter. American National Bank & Trust now owns 697 shares of the company's stock worth $28,000 after acquiring an additional 447 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company's stock.

About Exelon

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.