New Age Alpha Advisors LLC Makes New $3.31 Million Investment in Exelon Co. (NASDAQ:EXC)

New Age Alpha Advisors LLC purchased a new stake in Exelon Co. (NASDAQ:EXC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 88,055 shares of the company's stock, valued at approximately $3,314,000.

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

Insider Activity at Exelon

In related news, EVP Colette D. Honorable sold 1,463 shares of the stock in a transaction dated 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 transaction, the executive vice president now directly owns 2,271 shares of the company's stock, valued at $92,134.47. This represents a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is owned by corporate insiders.

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Exelon Trading Up 0.2 %

NASDAQ:EXC traded up $0.08 during midday trading on Wednesday, reaching $46.00. 4,851,193 shares of the stock traded hands, compared to its average volume of 6,860,547. The stock has a market capitalization of $46.44 billion, a P/E ratio of 18.78, a PEG ratio of 2.86 and a beta of 0.51. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87. The company has a fifty day moving average of $42.75 and a 200 day moving average of $40.23. Exelon Co. has a 12 month low of $34.01 and a 12 month high of $46.46.

Exelon (NASDAQ:EXC - Get Free Report) last issued 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 quarter in the prior year, the business earned $0.60 earnings per share. On average, research analysts predict that Exelon Co. will post 2.64 EPS for the current year.

Exelon Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, February 24th. This is a boost from Exelon's previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a dividend yield of 3.48%. Exelon's payout ratio is 65.31%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. BMO Capital Markets restated an "outperform" rating on shares of Exelon in a research report on Tuesday, February 4th. UBS Group boosted their target price on Exelon from $45.00 to $47.00 and gave the stock a "neutral" rating in a research report on Friday, March 21st. Evercore ISI raised Exelon from an "in-line" rating to an "outperform" rating and upped their target price for the stock from $43.00 to $44.00 in a research note on Tuesday, January 21st. Guggenheim raised shares of Exelon from a "neutral" rating to a "buy" rating in a research note on Thursday, January 23rd. Finally, Morgan Stanley upped their price objective on shares of Exelon from $46.00 to $48.00 and gave the company an "equal weight" rating in a research note on Thursday, March 20th. 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 data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $45.13.

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.