Exelon Co. (NYSE:EXC) Shares Purchased by TRUE Private Wealth Advisors

TRUE Private Wealth Advisors boosted its holdings in shares of Exelon Co. (NYSE:EXC) by 44.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,387 shares of the energy giant’s stock after buying an additional 1,969 shares during the quarter. TRUE Private Wealth Advisors’ holdings in Exelon were worth $308,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in EXC. Vanguard Group Inc. increased its position in shares of Exelon by 0.6% in the 2nd quarter. Vanguard Group Inc. now owns 81,817,730 shares of the energy giant’s stock valued at $3,922,342,000 after purchasing an additional 476,323 shares during the last quarter. BlackRock Inc. increased its position in shares of Exelon by 2.1% in the 2nd quarter. BlackRock Inc. now owns 73,786,054 shares of the energy giant’s stock valued at $3,537,307,000 after purchasing an additional 1,551,062 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Exelon by 37.0% in the 1st quarter. AQR Capital Management LLC now owns 24,339,629 shares of the energy giant’s stock valued at $1,216,738,000 after purchasing an additional 6,567,683 shares during the last quarter. Invesco Ltd. grew its position in shares of Exelon by 2.8% in the 2nd quarter. Invesco Ltd. now owns 17,288,295 shares of the energy giant’s stock valued at $828,800,000 after buying an additional 463,906 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of Exelon by 2.0% in the 2nd quarter. Northern Trust Corp now owns 13,239,469 shares of the energy giant’s stock valued at $634,699,000 after buying an additional 255,204 shares during the last quarter. Institutional investors own 78.99% of the company’s stock.

EXC stock opened at $47.19 on Thursday. Exelon Co. has a one year low of $42.44 and a one year high of $51.18. The stock has a market capitalization of $47.07 billion, a PE ratio of 15.12, a price-to-earnings-growth ratio of 4.50 and a beta of 0.26. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.77 and a current ratio of 0.90. The company has a fifty day moving average of $47.55 and a 200-day moving average of $48.37.



Exelon (NYSE:EXC) last posted its earnings results on Thursday, August 1st. The energy giant reported $0.60 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.03). Exelon had a net margin of 6.43% and a return on equity of 8.47%. The business had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.03 billion. During the same quarter last year, the business posted $0.71 earnings per share. The business’s revenue was down 4.8% compared to the same quarter last year. Equities analysts forecast that Exelon Co. will post 3.14 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th were issued a dividend of $0.363 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $1.45 annualized dividend and a yield of 3.08%. Exelon’s dividend payout ratio (DPR) is currently 46.47%.

EXC has been the topic of a number of recent analyst reports. SunTrust Banks set a $49.00 target price on shares of Exelon and gave the company a “hold” rating in a research report on Tuesday, September 3rd. UBS Group increased their target price on shares of Exelon from $53.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, September 6th. Barclays reaffirmed a “buy” rating and issued a $54.00 target price on shares of Exelon in a research report on Thursday, September 26th. Argus reaffirmed a “buy” rating and issued a $53.00 target price on shares of Exelon in a research report on Wednesday, September 18th. Finally, Morgan Stanley raised shares of Exelon from an “equal weight” rating to an “overweight” rating in a research report on Friday, September 6th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Exelon currently has an average rating of “Buy” and an average target price of $52.29.

Exelon Profile

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

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Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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