SFG Wealth Management LLC. bought a new stake in shares of Exelon Co. (NASDAQ:EXC - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 7,152 shares of the company's stock, valued at approximately $269,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. UMB Bank n.a. boosted its position in Exelon by 49.0% in the 4th quarter. UMB Bank n.a. now owns 2,276 shares of the company's stock valued at $86,000 after buying an additional 748 shares during the period. Clarius Group LLC raised its stake in shares of Exelon by 27.2% during the fourth quarter. Clarius Group LLC now owns 7,001 shares of the company's stock valued at $264,000 after acquiring an additional 1,498 shares in the last quarter. Aaron Wealth Advisors LLC boosted its holdings in shares of Exelon by 6.2% in the fourth quarter. Aaron Wealth Advisors LLC now owns 8,056 shares of the company's stock valued at $303,000 after purchasing an additional 473 shares during the period. Ameritas Advisory Services LLC grew its stake in Exelon by 94.4% in the fourth quarter. Ameritas Advisory Services LLC now owns 17,334 shares of the company's stock worth $652,000 after purchasing an additional 8,418 shares in the last quarter. Finally, HB Wealth Management LLC increased its holdings in Exelon by 37.8% during the 4th quarter. HB Wealth Management LLC now owns 24,322 shares of the company's stock worth $915,000 after purchasing an additional 6,672 shares during the period. 80.92% of the stock is currently owned by hedge funds and other institutional investors.
Exelon Trading Up 0.2 %
NASDAQ:EXC traded up $0.08 on Monday, hitting $39.42. The stock had a trading volume of 6,140,499 shares, compared to its average volume of 5,853,486. The company has a fifty day moving average price of $38.01 and a two-hundred day moving average price of $38.24. Exelon Co. has a 1-year low of $33.35 and a 1-year high of $41.19. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.66. The stock has a market cap of $39.61 billion, a price-to-earnings ratio of 16.22, a PEG ratio of 2.48 and a beta of 0.55.
Exelon (NASDAQ:EXC - Get Free Report) last announced 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 business had revenue of $6.15 billion during the quarter, compared to analysts' expectations of $5.85 billion. During the same period last year, the business earned $0.67 earnings per share. The business's revenue for the quarter was up 2.9% on a year-over-year basis. Equities research analysts expect that Exelon Co. will post 2.46 earnings per share for the current fiscal year.
Exelon Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, November 11th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 3.86%. The ex-dividend date was Friday, November 8th. Exelon's payout ratio is currently 62.55%.
Analyst Ratings Changes
Several brokerages have recently weighed in on EXC. Morgan Stanley lowered their price target on shares of Exelon from $46.00 to $44.00 and set an "equal weight" rating for the company in a research report on Friday, November 22nd. Barclays increased their target price on Exelon from $41.00 to $44.00 and gave the company an "overweight" rating in a research report on Tuesday, October 15th. Finally, Scotiabank boosted their price target on Exelon from $40.00 to $42.00 and gave the stock a "sector perform" rating in a research report on Thursday, December 12th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $43.29.
Check Out Our Latest Report on Exelon
About Exelon
(
Free Report)
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.
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