Exelon Co. (NASDAQ:EXC) Shares Bought by Sciencast Management LP

Sciencast Management LP grew its position in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 18.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 80,864 shares of the company's stock after purchasing an additional 12,336 shares during the period. Exelon makes up about 0.8% of Sciencast Management LP's investment portfolio, making the stock its 14th largest position. Sciencast Management LP's holdings in Exelon were worth $3,044,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Millstone Evans Group LLC bought a new stake in shares of Exelon in the fourth quarter worth $28,000. Stephens Consulting LLC grew its holdings in Exelon by 78.1% during the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company's stock worth $29,000 after acquiring an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. bought a new stake in shares of Exelon in the 4th quarter worth about $30,000. Crews Bank & Trust acquired a new stake in shares of Exelon in the 4th quarter valued at about $34,000. Finally, Capital Advisors Ltd. LLC lifted its holdings in Exelon by 119.6% during the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock worth $35,000 after buying an additional 513 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company's stock.

Insider Buying and Selling

In related news, EVP Colette D. Honorable sold 1,463 shares of the business's stock in a transaction that occurred on 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 owns 2,271 shares of the company's stock, valued at $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.10% of the company's stock.

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Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Guggenheim upgraded Exelon from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. BMO Capital Markets reaffirmed an "outperform" rating on shares of Exelon in a report on Tuesday, February 4th. Scotiabank boosted 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. Morgan Stanley raised their target price on shares of Exelon from $46.00 to $48.00 and gave the stock an "equal weight" rating in a report on Thursday, March 20th. Finally, Barclays upped their target price on Exelon from $42.00 to $48.00 and gave the company an "overweight" rating in a report on Tuesday, February 25th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, Exelon currently has a consensus rating of "Moderate Buy" and an average price target of $45.13.

Exelon Stock Performance

NASDAQ EXC traded up $1.26 on Wednesday, hitting $44.02. The stock had a trading volume of 8,549,226 shares, compared to its average volume of 6,269,755. The company's 50-day moving average is $42.19 and its two-hundred day moving average is $40.03. The stock has a market cap of $44.44 billion, a price-to-earnings ratio of 17.97, a P/E/G ratio of 2.86 and a beta of 0.51. 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 Co. has a one year low of $34.01 and a one year high of $45.20.

Exelon (NASDAQ:EXC - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, topping 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 period last year, the business posted $0.60 earnings per share. On average, analysts expect that Exelon Co. will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were paid a dividend of $0.40 per share. 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 dividend yield of 3.63%. The ex-dividend date was Monday, February 24th. Exelon's payout ratio is currently 65.31%.

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.