Exelon Co. (NASDAQ:EXC) Position Boosted by Savvy Advisors Inc.

Savvy Advisors Inc. increased its stake in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 70.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,665 shares of the company's stock after purchasing an additional 6,485 shares during the quarter. Savvy Advisors Inc.'s holdings in Exelon were worth $590,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Exelon by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 127,335,351 shares of the company's stock valued at $4,792,903,000 after acquiring an additional 3,064,673 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Exelon by 1.4% in the 4th quarter. Geode Capital Management LLC now owns 26,314,296 shares of the company's stock valued at $988,080,000 after purchasing an additional 368,505 shares during the period. FMR LLC increased its position in Exelon by 46.9% during the fourth quarter. FMR LLC now owns 17,306,652 shares of the company's stock worth $651,422,000 after buying an additional 5,524,103 shares during the period. Invesco Ltd. increased its holdings in Exelon by 25.8% in the fourth quarter. Invesco Ltd. now owns 13,718,745 shares of the company's stock valued at $516,374,000 after buying an additional 2,817,174 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Exelon during the 4th quarter valued at approximately $479,597,000. Institutional investors and hedge funds own 80.92% of the company's stock.

Exelon Stock Performance

EXC stock traded up $0.75 during trading on Friday, hitting $47.26. 7,496,103 shares of the company's stock traded hands, compared to its average volume of 7,228,455. The stock has a market capitalization of $47.71 billion, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of 2.86 and a beta of 0.39. Exelon Co. has a 52 week low of $34.01 and a 52 week high of $48.11. The stock has a fifty day moving average price of $44.35 and a two-hundred day moving average price of $40.81. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61.

Exelon (NASDAQ:EXC - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.05. Exelon had a return on equity of 9.52% and a net margin of 10.68%. During the same quarter last year, the company posted $0.60 earnings per share. As a group, equities analysts anticipate that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, February 24th. This is an increase from Exelon's previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a dividend yield of 3.39%. Exelon's payout ratio is currently 65.31%.

Wall Street Analysts Forecast Growth

EXC has been the subject of several research reports. Evercore ISI reaffirmed an "in-line" rating and set a $48.00 price objective (up from $46.00) on shares of Exelon in a report on Tuesday. Scotiabank upped their price target on Exelon from $42.00 to $44.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 13th. BMO Capital Markets reissued an "outperform" rating on shares of Exelon in a research report on Tuesday, February 4th. Barclays increased 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. Finally, UBS Group increased their price target on Exelon from $45.00 to $47.00 and gave the company a "neutral" rating in a report on Friday, March 21st. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $45.63.

Insider Buying and Selling

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the company's stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total value of $59,353.91. Following the transaction, the executive vice president now owns 2,271 shares of the company's stock, valued at approximately $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 accessible through this hyperlink. Corporate insiders own 0.10% of the company's stock.

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.