6,367 Shares in Exelon Co. (NASDAQ:EXC) Acquired by Callan Family Office LLC

Callan Family Office LLC acquired a new position in Exelon Co. (NASDAQ:EXC) in the 4th quarter, HoldingsChannel reports. The firm acquired 6,367 shares of the company’s stock, valued at approximately $240,000.

Several other institutional investors and hedge funds have also bought and sold shares of EXC. Stephens Consulting LLC lifted its stake in shares of 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 purchasing an additional 343 shares during the period. Brown Lisle Cummings Inc. purchased a new position in shares of Exelon in the 4th quarter valued at approximately $30,000. Ashton Thomas Securities LLC purchased a new position in shares of Exelon in the 3rd quarter valued at approximately $32,000. Crews Bank & Trust purchased a new position in shares of Exelon in the 4th quarter valued at approximately $34,000. Finally, Capital Advisors Ltd. LLC lifted its stake in shares of Exelon by 119.6% in the 4th 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. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Down 0.8 %

Exelon stock opened at $43.40 on Wednesday. The firm has a market cap of $43.63 billion, a price-to-earnings ratio of 17.71, a PEG ratio of 2.86 and a beta of 0.51. The stock has a fifty day simple moving average of $40.98 and a two-hundred day simple moving average of $39.64. Exelon Co. has a 12 month low of $34.01 and a 12 month high of $45.19. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 1.61.

Exelon (NASDAQ:EXC) last posted its earnings results on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, topping 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 period last year, the business posted $0.60 earnings per share. Equities analysts predict that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, February 24th will be issued a $0.40 dividend. 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 dividend yield of 3.69%. Exelon’s dividend payout ratio (DPR) is presently 65.31%.

Insider Buying and Selling

In related news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction on Monday, February 3rd. The stock was 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 of the company’s stock, valued at $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently commented on EXC. Barclays raised their target price on Exelon from $42.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday, February 25th. Scotiabank lifted their price objective on Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research note on Thursday, February 13th. Evercore ISI upgraded Exelon from an “in-line” rating to an “outperform” rating and lifted their price objective for the company from $43.00 to $44.00 in a research note on Tuesday, January 21st. Guggenheim upgraded Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Exelon in a research note on Tuesday, February 4th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $44.13.

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.