6,625 Shares in Exelon Co. (NASDAQ:EXC) Purchased by Nikulski Financial Inc.

Nikulski Financial Inc. acquired a new position in shares of Exelon Co. (NASDAQ:EXC) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,625 shares of the company’s stock, valued at approximately $249,000.

A number of other hedge funds have also modified their holdings of the stock. Accel Wealth Management acquired a new position in Exelon during the fourth quarter valued at $208,000. Exchange Traded Concepts LLC boosted its holdings in shares of Exelon by 10.4% during the fourth quarter. Exchange Traded Concepts LLC now owns 9,973 shares of the company’s stock worth $375,000 after purchasing an additional 938 shares during the period. Wesbanco Bank Inc. grew its position in Exelon by 3.1% during the fourth quarter. Wesbanco Bank Inc. now owns 9,951 shares of the company’s stock valued at $375,000 after purchasing an additional 296 shares in the last quarter. Simon Quick Advisors LLC acquired a new position in Exelon in the 4th quarter valued at approximately $217,000. Finally, Segment Wealth Management LLC lifted its position in Exelon by 8.0% in the 4th quarter. Segment Wealth Management LLC now owns 7,125 shares of the company’s stock worth $268,000 after buying an additional 530 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a report on Thursday. Scotiabank upped their target price on Exelon from $40.00 to $42.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. Morgan Stanley reduced their price target on Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. 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. Finally, Barclays reduced their target price on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a research note on Wednesday. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $43.13.

Exelon Price Performance

Shares of EXC stock opened at $39.38 on Friday. Exelon Co. has a 52 week low of $33.35 and a 52 week high of $41.19. The stock has a market capitalization of $39.57 billion, a PE ratio of 16.21, a PEG ratio of 2.61 and a beta of 0.55. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.97 and a current ratio of 1.09. The stock’s fifty day moving average is $38.12 and its 200-day moving average is $38.36.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.71 EPS for the quarter, beating 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 firm 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 earned $0.67 EPS. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. Equities research analysts expect that Exelon Co. will post 2.46 EPS for the current fiscal year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, November 11th were given a $0.38 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.52 annualized dividend and a dividend yield of 3.86%. Exelon’s dividend payout ratio is currently 62.55%.

About Exelon

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.