UniSuper Management Pty Ltd Buys 18,243 Shares of Exelon Co. (NASDAQ:EXC)

UniSuper Management Pty Ltd increased its stake in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 25.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 90,396 shares of the company's stock after acquiring an additional 18,243 shares during the period. UniSuper Management Pty Ltd's holdings in Exelon were worth $3,403,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Czech National Bank lifted its position in Exelon by 7.0% during the 4th quarter. Czech National Bank now owns 217,868 shares of the company's stock worth $8,201,000 after buying an additional 14,158 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in shares of Exelon by 20.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,624,805 shares of the company's stock worth $61,158,000 after purchasing an additional 279,827 shares in the last quarter. HITE Hedge Asset Management LLC boosted its holdings in shares of Exelon by 431.3% in the 3rd quarter. HITE Hedge Asset Management LLC now owns 395,840 shares of the company's stock valued at $16,051,000 after buying an additional 321,333 shares during the last quarter. State Street Corp increased its position in Exelon by 3.7% during the third quarter. State Street Corp now owns 60,169,219 shares of the company's stock worth $2,439,862,000 after buying an additional 2,156,259 shares during the last quarter. Finally, Greenup Street Wealth Management LLC bought a new stake in Exelon in the fourth quarter valued at approximately $2,274,000. Institutional investors and hedge funds own 80.92% of the company's stock.

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Insider Buying and Selling

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the completion of the transaction, the executive vice president now owns 2,271 shares in the company, valued at $92,134.47. This trade represents 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 through this link. 0.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. UBS Group increased their price target on Exelon from $45.00 to $47.00 and gave the company a "neutral" rating in a research note on Friday, March 21st. BMO Capital Markets reiterated an "outperform" rating on shares of Exelon in a research note on Tuesday, February 4th. Barclays lifted their price objective on Exelon from $42.00 to $48.00 and gave the company an "overweight" rating in a report on Tuesday, February 25th. Morgan Stanley increased their target price on Exelon from $46.00 to $48.00 and gave the stock an "equal weight" rating in a report on Thursday, March 20th. Finally, Scotiabank raised their price target on Exelon from $42.00 to $44.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 13th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $45.13.

Exelon Trading Up 0.1 %

NASDAQ EXC traded up $0.06 during mid-day trading on Wednesday, reaching $45.98. 2,657,414 shares of the stock were exchanged, compared to its average volume of 6,844,954. The stock has a market cap of $46.41 billion, a P/E ratio of 18.74, a P/E/G ratio of 2.86 and a beta of 0.51. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. Exelon Co. has a one year low of $34.01 and a one year high of $46.46. The stock has a 50 day simple moving average of $42.75 and a 200-day simple moving average of $40.23.

Exelon (NASDAQ:EXC - Get Free Report) last issued 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 period last year, the firm earned $0.60 EPS. On average, analysts anticipate that Exelon Co. will post 2.64 EPS for the current year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were paid a $0.40 dividend. This is a positive change from Exelon's previous quarterly dividend of $0.38. The ex-dividend date was Monday, February 24th. This represents a $1.60 annualized dividend and a dividend yield of 3.48%. Exelon's dividend payout ratio is presently 65.31%.

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.