Ausdal Financial Partners Inc. boosted its holdings in Exelon Co. (NASDAQ:EXC – Free Report) by 2.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,796 shares of the company’s stock after buying an additional 324 shares during the period. Ausdal Financial Partners Inc.’s holdings in Exelon were worth $444,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of EXC. Millstone Evans Group LLC bought a new stake in shares of Exelon in the fourth quarter valued at about $28,000. Stephens Consulting LLC raised its holdings in Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after acquiring an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. bought a new stake in shares of Exelon in the 4th quarter worth approximately $30,000. Crews Bank & Trust acquired a new stake in shares of Exelon during the 4th quarter worth approximately $34,000. Finally, Capital Advisors Ltd. LLC increased its position in shares of Exelon by 119.6% during the fourth quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock valued at $35,000 after purchasing an additional 513 shares during the period. 80.92% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research analysts recently commented on the company. Morgan Stanley raised their target price on Exelon from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 20th. UBS Group raised their price objective on shares of Exelon from $45.00 to $47.00 and gave the stock a “neutral” rating in a report on Friday, March 21st. Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and upped their target price for the company from $43.00 to $44.00 in a research note on Tuesday, January 21st. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Finally, 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. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Exelon presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.13.
Insider Buying and Selling
In related news, EVP Colette D. Honorable sold 1,463 shares of the business’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 value 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. The trade was a 39.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.10% of the stock is owned by corporate insiders.
Exelon Stock Performance
NASDAQ EXC opened at $44.25 on Friday. Exelon Co. has a 1-year low of $34.01 and a 1-year high of $45.20. The company has a 50 day moving average of $42.40 and a 200-day moving average of $40.09. 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 firm has a market cap of $44.67 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 2.86 and a beta of 0.51.
Exelon (NASDAQ:EXC – Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the business posted $0.60 earnings per share. On average, equities analysts forecast that Exelon Co. will post 2.64 earnings per share for the current fiscal year.
Exelon Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.62%. This is a boost from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, February 24th. Exelon’s payout ratio 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.
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