Exelon Co. (NASDAQ:EXC) Shares Bought by Versor Investments LP

Versor Investments LP increased its position in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 58.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 54,100 shares of the company's stock after purchasing an additional 20,000 shares during the period. Versor Investments LP's holdings in Exelon were worth $2,036,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC purchased a new position in shares of Exelon during the 4th quarter worth about $4,289,000. Mn Services Vermogensbeheer B.V. lifted its holdings in Exelon by 1.7% during the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 388,100 shares of the company's stock valued at $14,608,000 after buying an additional 6,400 shares in the last quarter. New York Life Investment Management LLC lifted its holdings in Exelon by 1.0% during the 4th quarter. New York Life Investment Management LLC now owns 155,638 shares of the company's stock valued at $5,858,000 after buying an additional 1,495 shares in the last quarter. Cable Hill Partners LLC bought a new stake in Exelon during the 4th quarter valued at about $347,000. Finally, Oregon Public Employees Retirement Fund lifted its holdings in Exelon by 0.6% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 86,151 shares of the company's stock valued at $3,243,000 after buying an additional 520 shares in the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Stock Up 0.9 %

Shares of NASDAQ:EXC traded up $0.41 during trading hours on Friday, hitting $44.20. The company's stock had a trading volume of 12,319,512 shares, compared to its average volume of 7,400,085. 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 $44.43 billion, a price-to-earnings ratio of 18.04, a P/E/G ratio of 2.86 and a beta of 0.56. The firm's fifty day moving average price is $40.13 and its 200 day moving average price is $39.35. Exelon Co. has a 52 week low of $34.01 and a 52 week high of $44.46.

Exelon (NASDAQ:EXC - Get Free Report) last posted its earnings results on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, beating 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 quarter in the previous year, the business earned $0.60 earnings per share. As a group, research analysts expect that Exelon Co. will post 2.64 EPS for the current year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, February 24th will be given a dividend of $0.40 per share. This is a boost from Exelon's previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Monday, February 24th. This represents a $1.60 dividend on an annualized basis and a yield of 3.62%. Exelon's dividend payout ratio is presently 65.31%.

Insider Activity at Exelon

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the transaction, the executive vice president now owns 2,271 shares in the company, 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 can be accessed through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on EXC. Evercore ISI upgraded shares of Exelon from an "in-line" rating to an "outperform" rating and lifted their price objective for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Barclays lifted their price objective on shares of Exelon from $42.00 to $48.00 and gave the company an "overweight" rating in a report on Tuesday, February 25th. Morgan Stanley decreased their price objective on shares of Exelon from $46.00 to $44.00 and set an "equal weight" rating for the company in a report on Friday, November 22nd. Scotiabank lifted their price objective on shares of Exelon from $42.00 to $44.00 and gave the company a "sector perform" rating in a report on Thursday, February 13th. Finally, Guggenheim upgraded shares of Exelon from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $44.13.

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.