XTX Topco Ltd Raises Position in Exelon Co. (NASDAQ:EXC)

XTX Topco Ltd raised its position in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 144.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,273 shares of the company's stock after acquiring an additional 7,250 shares during the period. XTX Topco Ltd's holdings in Exelon were worth $462,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Czech National Bank raised its stake in shares of Exelon by 7.0% in the 4th quarter. Czech National Bank now owns 217,868 shares of the company's stock valued at $8,201,000 after buying an additional 14,158 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Exelon by 20.8% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,624,805 shares of the company's stock worth $61,158,000 after buying an additional 279,827 shares in the last quarter. Greenup Street Wealth Management LLC acquired a new stake in Exelon during the 4th quarter valued at $2,274,000. Principal Financial Group Inc. boosted its stake in Exelon by 3.3% in the third quarter. Principal Financial Group Inc. now owns 1,159,783 shares of the company's stock worth $47,029,000 after purchasing an additional 36,734 shares in the last quarter. Finally, Principal Securities Inc. grew its holdings in Exelon by 10.6% during the 4th quarter. Principal Securities Inc. now owns 22,612 shares of the company's stock worth $851,000 after acquiring an additional 2,160 shares during the last quarter. Institutional investors own 80.92% of the company's stock.

Analyst Ratings Changes

Several brokerages recently weighed in on EXC. Guggenheim upgraded shares of Exelon from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Barclays increased their price target on Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. Morgan Stanley boosted their price objective on shares of Exelon from $46.00 to $48.00 and gave the company an "equal weight" rating in a research report on Thursday, March 20th. 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, Evercore ISI restated an "in-line" rating and issued a $48.00 price objective (up previously from $46.00) on shares of Exelon in a report on Tuesday, April 15th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $45.63.

Insider Transactions 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.

Exelon Trading Up 2.5 %

Exelon stock traded up $1.14 during mid-day trading on Tuesday, hitting $47.37. 7,381,381 shares of the stock were exchanged, compared to its average volume of 7,240,251. Exelon Co. has a 12 month low of $34.01 and a 12 month high of $48.11. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61. The firm's fifty day simple moving average is $44.50 and its two-hundred day simple moving average is $40.90. The stock has a market capitalization of $47.82 billion, a price-to-earnings ratio of 19.33, a PEG ratio of 2.86 and a beta of 0.39.

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

Exelon Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were issued a dividend of $0.40 per share. This is a boost from Exelon's previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date was Monday, February 24th. Exelon's dividend payout ratio (DPR) is currently 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.