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553,984 Shares in Exelon Co. (NASDAQ:EXC) Acquired by Susquehanna Fundamental Investments LLC

Exelon logo with Utilities background

Susquehanna Fundamental Investments LLC bought a new position in shares of Exelon Co. (NASDAQ:EXC - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 553,984 shares of the company's stock, valued at approximately $20,852,000. Susquehanna Fundamental Investments LLC owned 0.06% of Exelon at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

EXC has been the topic of a number of research reports. UBS Group raised their target price on shares of Exelon from $45.00 to $47.00 and gave the company a "neutral" rating in a research note on Friday, March 21st. Scotiabank boosted their price objective on Exelon from $42.00 to $44.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 13th. Evercore ISI reiterated an "in-line" rating and issued a $48.00 target price (up previously from $46.00) on shares of Exelon in a research note on Tuesday, April 15th. Barclays boosted their price target on Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 25th. Finally, Guggenheim set a $47.00 price target on shares of Exelon and gave the company a "buy" rating in a report on Tuesday, April 22nd. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $46.67.

Check Out Our Latest Stock Analysis on Exelon

Insider Buying and Selling

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the 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 sale, the executive vice president now directly owns 2,271 shares of the company's stock, valued at $92,134.47. This trade represents a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is owned by company insiders.

Exelon Stock Up 0.8 %

NASDAQ:EXC traded up $0.37 during mid-day trading on Tuesday, reaching $46.85. The stock had a trading volume of 4,244,818 shares, compared to its average volume of 7,275,564. 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 company has a market capitalization of $47.30 billion, a price-to-earnings ratio of 19.12, a price-to-earnings-growth ratio of 2.86 and a beta of 0.39. Exelon Co. has a 1-year low of $34.01 and a 1-year high of $48.11. The stock's 50 day simple moving average is $44.80 and its two-hundred day simple moving average is $41.10.

Exelon (NASDAQ:EXC - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate 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 EPS. Equities analysts anticipate that Exelon Co. will post 2.64 EPS for the current year.

Exelon Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Monday, May 12th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.42%. Exelon's dividend payout ratio is presently 65.31%.

Exelon Profile

(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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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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