11,294 Shares in Exelon Co. (NASDAQ:EXC) Bought by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA bought a new position in Exelon Co. (NASDAQ:EXC) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 11,294 shares of the company’s stock, valued at approximately $402,000.

Other institutional investors also recently bought and sold shares of the company. World Equity Group Inc. raised its holdings in Exelon by 10.9% during the fourth 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 during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Exelon by 1,451.9% during the fourth 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 during the period. Lansing Street Advisors bought a new stake in Exelon during the fourth quarter valued at about $470,000. Howard Capital Management Inc. raised its holdings in Exelon by 29.9% during the fourth 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 during the period. Finally, TCW Group Inc. raised its holdings in Exelon by 2.6% during the fourth quarter. TCW Group Inc. now owns 13,976 shares of the company’s stock valued at $526,000 after acquiring an additional 357 shares during the period. 80.92% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the business’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 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 is available at this link. 0.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

EXC has been the topic of a number of recent analyst reports. BMO Capital Markets reissued an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. Morgan Stanley decreased their price target on Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. Scotiabank raised their price target on Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a report on Thursday, February 13th. Guggenheim upgraded Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Finally, Evercore ISI upgraded Exelon from an “in-line” rating to an “outperform” rating and raised their price objective for the company from $43.00 to $44.00 in a research report on Tuesday, January 21st. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Exelon currently has a consensus rating of “Moderate Buy” and an average target price of $43.38.

Exelon Trading Down 0.1 %

Shares of Exelon stock opened at $43.35 on Tuesday. The firm has a market cap of $43.58 billion, a price-to-earnings ratio of 17.69, a PEG ratio of 2.86 and a beta of 0.56. Exelon Co. has a twelve month low of $34.01 and a twelve month high of $44.01. 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 business has a 50-day moving average price of $39.56 and a 200-day moving average price of $39.15.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 EPS 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 earned $0.60 earnings per share. Equities research analysts anticipate that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, February 24th will be given a $0.40 dividend. The ex-dividend date of this dividend is Monday, February 24th. This represents a $1.60 annualized dividend and a yield of 3.69%. This is a positive change from Exelon’s previous quarterly dividend of $0.38. Exelon’s dividend payout ratio (DPR) is currently 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.