Y Intercept Hong Kong Ltd Has $237,000 Stake in Exelon Co. (NASDAQ:EXC)

Y Intercept Hong Kong Ltd lessened its stake in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 85.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,284 shares of the company's stock after selling 36,813 shares during the period. Y Intercept Hong Kong Ltd's holdings in Exelon were worth $237,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Union Bancaire Privee UBP SA acquired a new stake in Exelon during the 4th quarter worth about $402,000. World Equity Group Inc. grew its stake in Exelon by 10.9% during the 4th quarter. World Equity Group Inc. now owns 17,252 shares of the company's stock valued at $649,000 after acquiring an additional 1,702 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in Exelon by 1,451.9% during the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 94,168 shares of the company's stock valued at $3,544,000 after acquiring an additional 88,100 shares in the last quarter. Lansing Street Advisors purchased a new position in Exelon during the 4th quarter valued at about $470,000. Finally, Howard Capital Management Inc. grew its stake in Exelon by 29.9% during the 4th quarter. Howard Capital Management Inc. now owns 36,374 shares of the company's stock valued at $1,369,000 after acquiring an additional 8,371 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company's stock.

Insider Buying and Selling

In other news, EVP Colette D. Honorable sold 1,463 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The stock was 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 directly owns 2,271 shares in the company, valued at $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.10% of the company's stock.

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Wall Street Analysts Forecast Growth

EXC has been the topic of several research analyst reports. BMO Capital Markets reaffirmed an "outperform" rating on shares of Exelon in a research note on Tuesday, February 4th. Barclays lifted their target price on Exelon from $42.00 to $48.00 and gave the company an "overweight" rating in a research note on Tuesday, February 25th. Evercore ISI raised Exelon from an "in-line" rating to an "outperform" rating and lifted their target price for the company from $43.00 to $44.00 in a research note on Tuesday, January 21st. Guggenheim raised Exelon from a "neutral" rating to a "buy" rating in a research note on Thursday, January 23rd. Finally, Scotiabank boosted their price target on Exelon from $42.00 to $44.00 and gave the company a "sector perform" rating in a research note on Thursday, February 13th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $44.13.

Exelon Stock Up 0.5 %

Shares of NASDAQ EXC traded up $0.23 during trading hours on Friday, hitting $43.11. The stock had a trading volume of 6,670,169 shares, compared to its average volume of 7,408,646. The company has a market capitalization of $43.33 billion, a P/E ratio of 17.60, a P/E/G ratio of 2.86 and a beta of 0.51. The firm's 50-day moving average price is $40.63 and its two-hundred day moving average price is $39.49. Exelon Co. has a 52 week low of $34.01 and a 52 week high of $45.19. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87.

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 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 company posted $0.60 earnings per share. Analysts anticipate that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, February 24th will be issued a $0.40 dividend. This is a positive change from Exelon's previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a yield of 3.71%. The ex-dividend date is Monday, February 24th. Exelon's payout ratio is 65.31%.

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.