Beech Hill Advisors Inc. Has $988,000 Stock Holdings in Exelon Co. (NASDAQ:EXC)

Beech Hill Advisors Inc. lifted its stake in shares of Exelon Co. (NASDAQ:EXC) by 1.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 26,244 shares of the company’s stock after buying an additional 410 shares during the period. Beech Hill Advisors Inc.’s holdings in Exelon were worth $988,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Foundations Investment Advisors LLC lifted its stake in Exelon by 3.5% during the third quarter. Foundations Investment Advisors LLC now owns 7,533 shares of the company’s stock worth $305,000 after purchasing an additional 255 shares during the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Exelon by 1.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 28,392 shares of the company’s stock worth $1,151,000 after buying an additional 274 shares during the last quarter. Rosenberg Matthew Hamilton boosted its stake in Exelon by 12.6% in the fourth quarter. Rosenberg Matthew Hamilton now owns 2,457 shares of the company’s stock valued at $92,000 after buying an additional 275 shares in the last quarter. Ballentine Partners LLC grew its position in Exelon by 2.1% in the third quarter. Ballentine Partners LLC now owns 13,922 shares of the company’s stock valued at $565,000 after acquiring an additional 285 shares during the last quarter. Finally, Ledyard National Bank raised its stake in Exelon by 5.1% during the third quarter. Ledyard National Bank now owns 6,348 shares of the company’s stock worth $257,000 after acquiring an additional 308 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

EXC has been the topic of a number of research analyst reports. Scotiabank raised their price target on shares of Exelon from $40.00 to $42.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Morgan Stanley decreased their target price on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Friday, November 22nd. Barclays increased their price target on Exelon from $41.00 to $44.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th. UBS Group boosted their price objective on Exelon from $40.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, September 20th. Finally, Jefferies Financial Group assumed coverage on Exelon in a research report on Thursday, September 19th. They issued a “buy” rating and a $46.00 target price for the company. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $42.38.

Exelon Trading Up 1.1 %

Shares of EXC stock traded up $0.40 on Thursday, hitting $38.42. The company had a trading volume of 232,326 shares, compared to its average volume of 5,269,122. Exelon Co. has a twelve month low of $33.35 and a twelve month high of $41.19. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.97 and a current ratio of 1.09. The firm has a market cap of $38.61 billion, a P/E ratio of 15.81, a P/E/G ratio of 2.48 and a beta of 0.55. The stock’s 50-day moving average is $37.96 and its two-hundred day moving average is $38.15.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.04. Exelon had a net margin of 10.60% and a return on equity of 9.47%. The firm had revenue of $6.15 billion during the quarter, compared to analyst estimates of $5.85 billion. During the same quarter last year, the business earned $0.67 EPS. The company’s revenue was up 2.9% compared to the same quarter last year. On average, equities research analysts anticipate that Exelon Co. will post 2.46 earnings per share for the current fiscal year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, November 11th were issued a dividend of $0.38 per share. The ex-dividend date was Friday, November 8th. This represents a $1.52 dividend on an annualized basis and a yield of 3.96%. Exelon’s payout ratio is currently 62.55%.

Exelon 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.