Healthcare of Ontario Pension Plan Trust Fund Buys 209,292 Shares of Exelon Co. (NASDAQ:EXC)

Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Exelon Co. (NASDAQ:EXC) by 4,279.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 214,183 shares of the company’s stock after purchasing an additional 209,292 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Exelon were worth $9,043,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Princeton Global Asset Management LLC grew its holdings in shares of Exelon by 294.0% during the 4th quarter. Princeton Global Asset Management LLC now owns 587 shares of the company’s stock worth $25,000 after acquiring an additional 438 shares during the period. Albion Financial Group UT bought a new stake in Exelon during the fourth quarter worth about $25,000. Fortis Group Advisors LLC bought a new stake in Exelon during the third quarter worth about $29,000. Advisory Alpha LLC purchased a new stake in Exelon in the third quarter worth about $29,000. Finally, Catalyst Capital Advisors LLC bought a new position in shares of Exelon during the fourth quarter valued at approximately $29,000. Institutional investors own 76.59% of the company’s stock.

In other news, CEO Carim V. Khouzami sold 12,239 shares of the stock in a transaction that occurred on Thursday, March 18th. The shares were sold at an average price of $42.88, for a total value of $524,808.32. Following the transaction, the chief executive officer now owns 635 shares in the company, valued at approximately $27,228.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.34% of the stock is owned by corporate insiders.

Several research firms recently weighed in on EXC. Argus upped their price target on Exelon from $42.00 to $45.00 and gave the stock a “buy” rating in a research note on Friday, December 11th. Bank of America upgraded Exelon from a “neutral” rating to a “buy” rating in a report on Wednesday, January 6th. Credit Suisse Group dropped their price target on shares of Exelon from $49.00 to $47.00 and set an “outperform” rating on the stock in a research note on Monday, March 1st. TheStreet lowered shares of Exelon from a “b” rating to a “c+” rating in a research note on Thursday, March 18th. Finally, Morgan Stanley dropped their target price on shares of Exelon from $56.00 to $55.00 and set an “overweight” rating on the stock in a research note on Thursday, February 25th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $45.18.

Shares of EXC stock opened at $44.95 on Thursday. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 1.02. Exelon Co. has a 12-month low of $33.97 and a 12-month high of $46.02. The stock has a market capitalization of $43.91 billion, a P/E ratio of 18.50, a P/E/G ratio of 5.31 and a beta of 0.41. The firm’s 50 day moving average is $41.95 and its 200 day moving average is $42.07.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Tuesday, February 23rd. The company reported $0.76 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.07. The firm had revenue of $8.12 billion for the quarter, compared to the consensus estimate of $8.30 billion. Exelon had a return on equity of 9.24% and a net margin of 7.15%. During the same period last year, the business posted $0.83 EPS. As a group, equities analysts predict that Exelon Co. will post 3.1 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, March 15th. Shareholders of record on Monday, March 8th were paid a dividend of $0.3825 per share. This is an increase from Exelon’s previous quarterly dividend of $0.38. This represents a $1.53 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date was Friday, March 5th. Exelon’s payout ratio is currently 47.52%.

About Exelon

Exelon Corporation, a utility services holding company, engages in the energy generation, delivery, and marketing businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, biomass, 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.

See Also: What are the FAANG Stocks?

Want to see what other hedge funds are holding EXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exelon Co. (NASDAQ:EXC).

Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

Receive News & Ratings for Exelon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exelon and related companies with MarketBeat.com's FREE daily email newsletter.