Xponance Inc. Has $5.60 Million Holdings in Exelon Co. (NASDAQ:EXC)

Xponance Inc. raised its stake in Exelon Co. (NASDAQ:EXC) by 8.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 148,871 shares of the company’s stock after acquiring an additional 11,488 shares during the quarter. Xponance Inc.’s holdings in Exelon were worth $5,604,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of EXC. JPMorgan Chase & Co. grew its position in shares of Exelon by 109.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,884,282 shares of the company’s stock worth $238,608,000 after buying an additional 3,068,309 shares during the period. Amundi boosted its stake in Exelon by 53.8% during the 4th quarter. Amundi now owns 6,174,458 shares of the company’s stock worth $235,390,000 after acquiring an additional 2,160,201 shares during the last quarter. State Street Corp boosted its stake in Exelon by 3.7% during the 3rd quarter. State Street Corp now owns 60,169,219 shares of the company’s stock worth $2,439,862,000 after acquiring an additional 2,156,259 shares during the last quarter. Nordea Investment Management AB boosted its stake in Exelon by 418.1% during the 4th quarter. Nordea Investment Management AB now owns 2,501,392 shares of the company’s stock worth $94,152,000 after acquiring an additional 2,018,604 shares during the last quarter. Finally, FMR LLC boosted its stake in Exelon by 18.7% during the 3rd quarter. FMR LLC now owns 11,782,549 shares of the company’s stock worth $477,782,000 after acquiring an additional 1,858,502 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Barclays lifted their price objective on shares of Exelon from $42.00 to $48.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 25th. Morgan Stanley reduced their price objective on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Friday, November 22nd. Scotiabank lifted their price objective on shares of Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 13th. BMO Capital Markets reissued an “outperform” rating on shares of Exelon in a research note on Tuesday, February 4th. Finally, Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $43.00 to $44.00 in a research note on Tuesday, January 21st. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $44.13.

Insider Activity

In related news, EVP Colette D. Honorable sold 1,463 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the transaction, the executive vice president now directly owns 2,271 shares in the company, valued at approximately $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.10% of the stock is owned by corporate insiders.

Exelon Stock Performance

Shares of EXC opened at $44.44 on Thursday. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87. Exelon Co. has a twelve month low of $34.01 and a twelve month high of $45.20. The firm’s 50 day moving average price is $41.71 and its two-hundred day moving average price is $39.88. The firm has a market cap of $44.67 billion, a P/E ratio of 18.14, a PEG ratio of 2.86 and a beta of 0.51.

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

Exelon Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were issued a $0.40 dividend. The ex-dividend date was Monday, February 24th. This is an increase from Exelon’s previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.60%. Exelon’s dividend payout ratio (DPR) 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.