Strategic Advisors LLC Purchases 3,640 Shares of Exelon Co. (NASDAQ:EXC)

Strategic Advisors LLC increased its position in shares of Exelon Co. (NASDAQ:EXC) by 43.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,048 shares of the company’s stock after purchasing an additional 3,640 shares during the period. Strategic Advisors LLC’s holdings in Exelon were worth $453,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stephens Consulting LLC grew its stake in Exelon by 78.1% during the fourth 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. Ashton Thomas Securities LLC purchased a new position in Exelon during the third quarter valued at $32,000. Brown Lisle Cummings Inc. purchased a new position in Exelon during the fourth quarter valued at $30,000. Crews Bank & Trust purchased a new position in Exelon during the fourth quarter valued at $34,000. Finally, Versant Capital Management Inc grew its stake in Exelon by 56.7% during the fourth quarter. Versant Capital Management Inc now owns 1,047 shares of the company’s stock valued at $39,000 after acquiring an additional 379 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Insider Activity at Exelon

In other news, EVP Colette D. Honorable sold 1,463 shares of the business’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 owns 2,271 shares in the company, valued at approximately $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 can be accessed through this hyperlink. 0.10% of the stock is currently owned by company insiders.

Exelon Price Performance

Exelon stock opened at $42.85 on Tuesday. The firm has a 50-day moving average price of $38.93 and a 200-day moving average price of $38.97. The firm has a market capitalization of $43.06 billion, a PE ratio of 17.63, a price-to-earnings-growth ratio of 2.74 and a beta of 0.56. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.66. Exelon Co. has a 12-month low of $34.01 and a 12-month high of $43.45.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data 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 net margin of 10.60% and a return on equity of 9.47%. During the same quarter last year, the business posted $0.60 earnings per share. As a group, equities research analysts forecast that Exelon Co. will post 2.46 EPS for the current year.

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, February 24th will be issued a dividend of $0.40 per share. This is a positive change from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date is Monday, February 24th. This represents a $1.60 dividend on an annualized basis and a yield of 3.73%. Exelon’s dividend payout ratio (DPR) is presently 62.55%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Barclays cut their target price on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a research note on Wednesday, January 22nd. Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $43.00 to $44.00 in a research note on Tuesday, January 21st. Scotiabank lifted their price objective on shares of Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 13th. Morgan Stanley dropped their price objective on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a research note on Friday, November 22nd. Finally, Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. 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, the company currently has an average rating of “Moderate Buy” and an average price target of $43.38.

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.