Machina Capital S.A.S. Has $1.01 Million Position in Exelon Co. (NASDAQ:EXC)

Machina Capital S.A.S. grew its position in shares of Exelon Co. (NASDAQ:EXC) by 43.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,758 shares of the company’s stock after purchasing an additional 8,157 shares during the quarter. Machina Capital S.A.S.’s holdings in Exelon were worth $1,007,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its position in Exelon by 47.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 7,246 shares of the company’s stock worth $294,000 after purchasing an additional 2,339 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Exelon by 2.5% during the third quarter. Janney Montgomery Scott LLC now owns 123,357 shares of the company’s stock worth $5,002,000 after acquiring an additional 3,045 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Exelon by 3.3% in the third quarter. Principal Financial Group Inc. now owns 1,159,783 shares of the company’s stock worth $47,029,000 after acquiring an additional 36,734 shares during the period. Summit Global Investments bought a new stake in Exelon in the third quarter valued at approximately $367,000. Finally, Stiles Financial Services Inc acquired a new stake in Exelon during the 3rd quarter valued at approximately $213,000. 80.92% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total transaction of $59,353.91. Following the completion of the sale, the executive vice president now directly owns 2,271 shares of the company’s stock, valued at approximately $92,134.47. The trade was a 39.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Evercore ISI upgraded shares of Exelon from an “in-line” rating to an “outperform” rating and boosted their price target for the stock from $43.00 to $44.00 in a research report on Tuesday, January 21st. Morgan Stanley dropped their target price on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. Barclays increased their price target on Exelon from $42.00 to $48.00 and gave the stock an “overweight” rating in a report on Tuesday, February 25th. Guggenheim raised Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Exelon in a research note on Tuesday, February 4th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $44.13.

Exelon Stock Performance

Shares of EXC opened at $43.11 on Friday. Exelon Co. has a one year low of $34.01 and a one year high of $45.19. The company has a market cap of $43.33 billion, a PE ratio of 17.60, a P/E/G ratio of 2.86 and a beta of 0.51. The stock has a 50-day moving average of $40.63 and a 200-day moving average of $39.49. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05. Exelon had a return on equity of 9.52% and a net margin of 10.68%. During the same period in the previous year, the firm earned $0.60 earnings per share. On average, equities research analysts predict that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, February 24th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date is Monday, February 24th. This is a positive change from Exelon’s previous quarterly dividend of $0.38. Exelon’s payout ratio is 65.31%.

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.