Crossmark Global Holdings Inc. Has $2.27 Million Stock Holdings in Exelon Co. (NASDAQ:EXC)

Crossmark Global Holdings Inc. lifted its holdings in Exelon Co. (NASDAQ:EXC) by 15.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 60,214 shares of the company’s stock after buying an additional 7,880 shares during the period. Crossmark Global Holdings Inc.’s holdings in Exelon were worth $2,266,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Ballentine Partners LLC boosted its position in shares of Exelon by 12.1% in the fourth quarter. Ballentine Partners LLC now owns 15,612 shares of the company’s stock worth $588,000 after buying an additional 1,690 shares during the period. Harbor Investment Advisory LLC raised its holdings in shares of Exelon by 5.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 9,384 shares of the company’s stock worth $353,000 after acquiring an additional 476 shares in the last quarter. SFG Wealth Management LLC. purchased a new stake in shares of Exelon during the fourth quarter worth $269,000. UMB Bank n.a. raised its holdings in shares of Exelon by 49.0% during the fourth quarter. UMB Bank n.a. now owns 2,276 shares of the company’s stock worth $86,000 after acquiring an additional 748 shares in the last quarter. Finally, Clarius Group LLC raised its holdings in shares of Exelon by 27.2% during the fourth quarter. Clarius Group LLC now owns 7,001 shares of the company’s stock worth $264,000 after acquiring an additional 1,498 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Up 0.1 %

EXC stock opened at $39.24 on Friday. Exelon Co. has a twelve month low of $33.35 and a twelve month high of $41.19. The company has a market cap of $39.43 billion, a PE ratio of 16.15, a price-to-earnings-growth ratio of 2.69 and a beta of 0.55. The business’s 50-day simple moving average is $38.09 and its 200 day simple moving average is $38.32. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.66.

Exelon (NASDAQ:EXC) last released its earnings results on Wednesday, October 30th. The company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.04. Exelon had a return on equity of 9.47% and a net margin of 10.60%. The business had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $5.85 billion. During the same period last year, the business earned $0.67 earnings per share. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. On average, research analysts anticipate that Exelon Co. will post 2.46 earnings per share for the current year.

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Monday, November 11th were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date was Friday, November 8th. Exelon’s dividend payout ratio (DPR) is presently 62.55%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on EXC shares. Barclays cut their price objective on Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a report on Wednesday. Evercore ISI upgraded Exelon from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $43.00 to $44.00 in a report on Tuesday. Morgan Stanley cut their price objective on Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. Guggenheim upgraded Exelon from a “neutral” rating to a “buy” rating in a report on Thursday. Finally, Scotiabank raised their target price on Exelon from $40.00 to $42.00 and gave the company a “sector perform” rating in a report on Thursday, December 12th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Exelon presently has a consensus rating of “Moderate Buy” and an average target price of $43.13.

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.