Qtron Investments LLC Purchases New Position in Exelon Co. (NASDAQ:EXC)

Qtron Investments LLC acquired a new stake in shares of Exelon Co. (NASDAQ:EXC - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 15,446 shares of the company's stock, valued at approximately $581,000.

A number of other large investors also recently modified their holdings of the company. Norges Bank bought a new stake in Exelon in the 4th quarter valued at $479,597,000. FMR LLC boosted its stake in Exelon by 46.9% during the fourth quarter. FMR LLC now owns 17,306,652 shares of the company's stock valued at $651,422,000 after buying an additional 5,524,103 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Exelon by 109.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,884,282 shares of the company's stock worth $238,608,000 after acquiring an additional 3,068,309 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Exelon by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 127,335,351 shares of the company's stock worth $4,792,903,000 after acquiring an additional 3,064,673 shares in the last quarter. Finally, Invesco Ltd. boosted its position in shares of Exelon by 25.8% during the 4th quarter. Invesco Ltd. now owns 13,718,745 shares of the company's stock valued at $516,374,000 after acquiring an additional 2,817,174 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company's stock.

Insider Transactions at Exelon

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $40.57, for a total transaction 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 trade represents a 39.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.10% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on EXC shares. Scotiabank increased their price objective 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. Guggenheim upgraded Exelon from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Morgan Stanley boosted their price objective on Exelon from $46.00 to $48.00 and gave the company an "equal weight" rating in a report on Thursday, March 20th. Evercore ISI reaffirmed an "in-line" rating and issued a $48.00 price target (up previously from $46.00) on shares of Exelon in a research note on Tuesday. Finally, UBS Group raised their target price on shares of Exelon from $45.00 to $47.00 and gave the stock a "neutral" rating in a research report on Friday, March 21st. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $45.63.

Exelon Stock Up 1.6 %

Shares of EXC stock traded up $0.75 during mid-day trading on Friday, hitting $47.26. 7,496,103 shares of the stock traded hands, compared to its average volume of 7,217,168. Exelon Co. has a 52-week low of $34.01 and a 52-week high of $48.11. The stock has a market cap of $47.71 billion, a P/E ratio of 19.29, a P/E/G ratio of 2.86 and a beta of 0.39. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. The stock's fifty day moving average is $44.25 and its two-hundred day moving average is $40.77.

Exelon (NASDAQ:EXC - Get Free Report) last announced its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share 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 prior year, the business earned $0.60 earnings per share. Equities analysts predict that Exelon Co. will post 2.64 EPS for the current year.

Exelon Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were paid a $0.40 dividend. The ex-dividend date was Monday, February 24th. This is a boost from Exelon's previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a yield of 3.39%. Exelon's dividend payout ratio (DPR) is 65.31%.

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.