Exelon Co. (NASDAQ:EXC) Shares Bought by Capital Square LLC

Capital Square LLC increased its stake in Exelon Co. (NASDAQ:EXC) by 30.8% in the third quarter, HoldingsChannel.com reports. The firm owned 9,809 shares of the company’s stock after acquiring an additional 2,312 shares during the quarter. Capital Square LLC’s holdings in Exelon were worth $398,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in EXC. CreativeOne Wealth LLC acquired a new position in Exelon during the first quarter worth $247,000. BOKF NA lifted its stake in Exelon by 7.6% in the 1st quarter. BOKF NA now owns 17,722 shares of the company’s stock valued at $660,000 after buying an additional 1,257 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in Exelon by 1.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,390,685 shares of the company’s stock worth $52,249,000 after buying an additional 16,661 shares in the last quarter. SVB Wealth LLC increased its position in Exelon by 6.5% during the 1st quarter. SVB Wealth LLC now owns 12,542 shares of the company’s stock worth $471,000 after purchasing an additional 769 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. raised its stake in Exelon by 10.3% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 22,248 shares of the company’s stock valued at $841,000 after purchasing an additional 2,075 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on EXC. Wells Fargo & Company lifted their price target on shares of Exelon from $40.00 to $42.00 and gave the stock an “equal weight” rating in a report on Friday, August 2nd. Barclays increased their price target on Exelon from $41.00 to $44.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 15th. Scotiabank lifted their price objective on Exelon from $37.00 to $40.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 20th. Jefferies Financial Group assumed coverage on Exelon in a research note on Thursday, September 19th. They issued a “buy” rating and a $46.00 price target on the stock. Finally, 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. Eleven analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $41.25.

Exelon Trading Up 1.1 %

Shares of Exelon stock traded up $0.44 during trading hours on Monday, hitting $39.15. The company’s stock had a trading volume of 239,123 shares, compared to its average volume of 6,713,462. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.66. The company has a market capitalization of $39.34 billion, a PE ratio of 15.93, a P/E/G ratio of 2.76 and a beta of 0.54. The business has a fifty day moving average of $39.64 and a 200 day moving average of $37.83. Exelon Co. has a 1-year low of $33.35 and a 1-year high of $41.42.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.67 by $0.04. Exelon had a return on equity of 9.47% and a net margin of 10.60%. The company had revenue of $6.15 billion for the quarter, compared to analyst estimates of $5.85 billion. During the same period last year, the company posted $0.67 earnings per share. The firm’s revenue was up 2.9% compared to the same quarter last year. As a group, equities analysts forecast that Exelon Co. will post 2.46 EPS for the current year.

Exelon Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Monday, November 11th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date is Friday, November 8th. Exelon’s dividend payout ratio is presently 62.55%.

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.