Exelon Co. (NASDAQ:EXC) Shares Bought by Key Financial Inc

Key Financial Inc boosted its stake in shares of Exelon Co. (NASDAQ:EXC) by 12.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,462 shares of the company’s stock after buying an additional 718 shares during the quarter. Key Financial Inc’s holdings in Exelon were worth $243,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Stephens Consulting LLC grew its position in shares of Exelon by 78.1% in the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after purchasing an additional 343 shares during the last quarter. Brown Lisle Cummings Inc. acquired a new stake in shares of Exelon in the fourth quarter valued at approximately $30,000. Ashton Thomas Securities LLC acquired a new stake in shares of Exelon in the third quarter valued at approximately $32,000. Crews Bank & Trust acquired a new stake in shares of Exelon in the fourth quarter valued at approximately $34,000. Finally, Versant Capital Management Inc grew its position in shares of Exelon by 56.7% in the fourth quarter. Versant Capital Management Inc now owns 1,047 shares of the company’s stock valued at $39,000 after purchasing an additional 379 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Colette D. Honorable sold 1,463 shares of the firm’s stock in a transaction 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 transaction, the executive vice president now owns 2,271 shares of the company’s stock, valued at approximately $92,134.47. This trade represents a 39.18 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.10% of the company’s stock.

Exelon Stock Performance

NASDAQ:EXC opened at $42.70 on Wednesday. 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 company has a market cap of $42.92 billion, a P/E ratio of 17.43, a P/E/G ratio of 2.84 and a beta of 0.56. Exelon Co. has a fifty-two week low of $34.01 and a fifty-two week high of $43.45. The firm’s 50 day moving average is $39.04 and its two-hundred day moving average is $39.00.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Exelon had a net margin of 10.68% and a return on equity of 9.52%. During the same quarter in the prior year, the company earned $0.60 EPS. Analysts expect that Exelon Co. will post 2.64 EPS for the current year.

Exelon Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, February 24th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date is Monday, February 24th. This is an increase from Exelon’s previous quarterly dividend of $0.38. Exelon’s dividend payout ratio (DPR) is currently 62.04%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Scotiabank raised their target price on shares of Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. Barclays decreased their target price on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 22nd. 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 report on Friday, November 22nd. Finally, Evercore ISI upgraded shares of Exelon from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $43.00 to $44.00 in a research report on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $43.38.

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.