VSM Wealth Advisory LLC acquired a new position in Exelon Co. (NASDAQ:EXC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,355 shares of the company's stock, valued at approximately $277,000.
A number of other institutional investors have also recently bought and sold shares of EXC. Stephens Consulting LLC increased its stake in shares of Exelon by 78.1% in the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company's stock worth $29,000 after acquiring an additional 343 shares during the last quarter. Brown Lisle Cummings Inc. acquired a new position in Exelon in the 4th quarter worth about $30,000. Crews Bank & Trust purchased a new stake in shares of Exelon during the 4th quarter worth about $34,000. Capital Advisors Ltd. LLC lifted its holdings in shares of Exelon by 119.6% during the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock valued at $35,000 after buying an additional 513 shares during the last quarter. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Exelon in the 4th quarter valued at approximately $36,000. 80.92% of the stock is currently owned by institutional investors and hedge funds.
Exelon Stock Performance
EXC traded down $0.79 during midday trading on Friday, reaching $43.80. The company's stock had a trading volume of 15,732,187 shares, compared to its average volume of 6,260,096. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 1.61. The company has a fifty day simple moving average of $41.97 and a 200 day simple moving average of $39.96. The stock has a market cap of $44.03 billion, a P/E ratio of 17.88, a PEG ratio of 2.86 and a beta of 0.51. Exelon Co. has a twelve month low of $34.01 and a twelve month high of $45.20.
Exelon (NASDAQ:EXC - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate 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 in the prior year, the business earned $0.60 EPS. Research analysts expect that Exelon Co. will post 2.64 earnings per share for the current year.
Exelon Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.65%. The ex-dividend date of this dividend was Monday, February 24th. This is a boost from Exelon's previous quarterly dividend of $0.38. Exelon's dividend payout ratio (DPR) is presently 65.31%.
Insider Buying and Selling
In related news, EVP Colette D. Honorable sold 1,463 shares of the firm's 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 completion of the transaction, 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 document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.10% of the stock is owned by company insiders.
Analyst Ratings Changes
A number of analysts have issued reports on the stock. Scotiabank lifted their target price on shares of Exelon from $42.00 to $44.00 and gave the company a "sector perform" rating in a research note on Thursday, February 13th. UBS Group lifted their price objective on shares of Exelon from $45.00 to $47.00 and gave the company a "neutral" rating in a research note on Friday. Evercore ISI raised shares of Exelon from an "in-line" rating to an "outperform" rating and increased their target price for the stock from $43.00 to $44.00 in a research report on Tuesday, January 21st. 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 raised Exelon from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $45.13.
Read Our Latest Stock Analysis 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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