Plato Investment Management Ltd Has $1.20 Million Stock Position in Exelon Co. (NASDAQ:EXC)

Plato Investment Management Ltd lifted its position in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 67,163.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 29,596 shares of the company's stock after purchasing an additional 29,552 shares during the quarter. Plato Investment Management Ltd's holdings in Exelon were worth $1,199,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Foundations Investment Advisors LLC lifted its stake in shares of Exelon by 3.5% during the third quarter. Foundations Investment Advisors LLC now owns 7,533 shares of the company's stock worth $305,000 after purchasing an additional 255 shares in the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Exelon by 1.0% during the third quarter. Harbor Capital Advisors Inc. now owns 28,392 shares of the company's stock worth $1,151,000 after purchasing an additional 274 shares in the last quarter. Black Diamond Financial LLC boosted its stake in shares of Exelon by 2.0% in the second quarter. Black Diamond Financial LLC now owns 14,067 shares of the company's stock valued at $487,000 after purchasing an additional 279 shares during the period. Ballentine Partners LLC grew its holdings in Exelon by 2.1% during the 3rd quarter. Ballentine Partners LLC now owns 13,922 shares of the company's stock valued at $565,000 after purchasing an additional 285 shares in the last quarter. Finally, Aptus Capital Advisors LLC increased its stake in Exelon by 3.3% during the 2nd quarter. Aptus Capital Advisors LLC now owns 9,412 shares of the company's stock worth $326,000 after buying an additional 304 shares during the period. Institutional investors and hedge funds own 80.92% of the company's stock.

Wall Street Analyst Weigh In

EXC has been the subject of a number of analyst reports. Jefferies Financial Group began coverage on shares of Exelon in a research report on Thursday, September 19th. They issued a "buy" rating and a $46.00 price objective for the company. Morgan Stanley raised their price target on shares of Exelon from $42.00 to $45.00 and gave the stock an "equal weight" rating in a research report on Wednesday, September 25th. Barclays boosted their target price on shares of Exelon from $41.00 to $44.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 15th. UBS Group boosted their price target on Exelon from $40.00 to $43.00 and gave the company a "neutral" rating in a report on Friday, September 20th. Finally, Wells Fargo & Company increased their target price on shares of Exelon from $40.00 to $42.00 and gave the stock an "equal weight" rating in a report on Friday, August 2nd. Eleven research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $41.33.

Exelon Stock Down 0.1 %

EXC opened at $38.12 on Friday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.97 and a current ratio of 1.09. The company has a market capitalization of $38.30 billion, a PE ratio of 15.69, a P/E/G ratio of 2.72 and a beta of 0.54. The stock's fifty day moving average is $39.66 and its 200-day moving average is $37.78. Exelon Co. has a one year low of $33.35 and a one year high of $41.42.

Exelon (NASDAQ:EXC - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.71 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.04. Exelon had a net margin of 10.60% and a return on equity of 9.47%. The company had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $5.85 billion. During the same period in the prior year, the company earned $0.67 EPS. Exelon's revenue was up 2.9% on a year-over-year basis. On average, equities analysts predict that Exelon Co. will post 2.45 EPS for the current fiscal year.

Exelon Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Monday, November 11th will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date is Friday, November 8th. Exelon's payout ratio is 62.55%.

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.