Union Bancaire Privee UBP SA Buys Shares of 11,294 Exelon Co. (NASDAQ:EXC)

Union Bancaire Privee UBP SA acquired a new stake in Exelon Co. (NASDAQ:EXC - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,294 shares of the company's stock, valued at approximately $402,000.

Several other large investors have also bought and sold shares of the stock. Czech National Bank lifted its position in shares of Exelon by 7.0% in the 4th quarter. Czech National Bank now owns 217,868 shares of the company's stock worth $8,201,000 after purchasing an additional 14,158 shares during the period. Robeco Institutional Asset Management B.V. lifted its holdings in Exelon by 20.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,624,805 shares of the company's stock valued at $61,158,000 after buying an additional 279,827 shares during the period. HITE Hedge Asset Management LLC boosted its position in Exelon by 431.3% during the third quarter. HITE Hedge Asset Management LLC now owns 395,840 shares of the company's stock valued at $16,051,000 after acquiring an additional 321,333 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Exelon by 2.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,446,408 shares of the company's stock worth $261,402,000 after acquiring an additional 123,466 shares during the period. Finally, State Street Corp raised its position in shares of Exelon by 3.7% in the 3rd quarter. State Street Corp now owns 60,169,219 shares of the company's stock worth $2,439,862,000 after acquiring an additional 2,156,259 shares in the last quarter. 80.92% of the stock is owned by institutional investors.

Insider Activity at Exelon

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the company's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $40.57, for a total value of $59,353.91. Following the completion of the sale, the executive vice president now directly owns 2,271 shares of the company's stock, valued at approximately $92,134.47. This represents a 39.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Barclays raised their target price on Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a research note on Tuesday. Guggenheim raised shares of Exelon from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. Morgan Stanley dropped their target price on shares of Exelon from $46.00 to $44.00 and set an "equal weight" rating on the stock in a research report on Friday, November 22nd. Scotiabank raised their price target on shares of Exelon from $42.00 to $44.00 and gave the stock a "sector perform" rating in a report on Thursday, February 13th. Finally, Evercore ISI raised shares of Exelon from an "in-line" rating to an "outperform" rating and lifted their price target for the company from $43.00 to $44.00 in a research note on Tuesday, January 21st. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Exelon has a consensus rating of "Moderate Buy" and a consensus target price of $44.13.

Exelon Stock Up 0.9 %

EXC traded up $0.41 during trading on Friday, hitting $44.20. 12,319,512 shares of the company's stock were exchanged, compared to its average volume of 7,395,975. The stock has a market cap of $44.43 billion, a P/E ratio of 18.04, a PEG ratio of 2.86 and a beta of 0.56. The business's 50 day moving average is $39.99 and its two-hundred day moving average is $39.27. Exelon Co. has a fifty-two week low of $34.01 and a fifty-two week high of $44.46. 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 posted its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates 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 last year, the firm posted $0.60 EPS. As a group, equities analysts expect that Exelon Co. will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, February 24th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, February 24th. This represents a $1.60 annualized dividend and a yield of 3.62%. This is an increase from Exelon's previous quarterly dividend of $0.38. Exelon's dividend payout ratio 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.