Caisse Des Depots ET Consignations Makes New $4.28 Million Investment in Exelon Co. (NASDAQ:EXC)

Caisse Des Depots ET Consignations bought a new stake in shares of Exelon Co. (NASDAQ:EXC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 113,783 shares of the company’s stock, valued at approximately $4,283,000.

A number of other large investors have also recently made changes to their positions in EXC. JPMorgan Chase & Co. grew its holdings in shares of Exelon by 109.0% in the third quarter. JPMorgan Chase & Co. now owns 5,884,282 shares of the company’s stock worth $238,608,000 after acquiring an additional 3,068,309 shares during the period. Vanguard Group Inc. grew its stake in shares of Exelon by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 127,335,351 shares of the company’s stock valued at $4,792,903,000 after purchasing an additional 3,064,673 shares during the period. Amundi increased its position in shares of Exelon by 53.8% during the 4th quarter. Amundi now owns 6,174,458 shares of the company’s stock valued at $235,390,000 after purchasing an additional 2,160,201 shares during the last quarter. State Street Corp lifted its stake in shares of Exelon by 3.7% in the 3rd quarter. State Street Corp now owns 60,169,219 shares of the company’s stock worth $2,439,862,000 after purchasing an additional 2,156,259 shares during the period. Finally, Nordea Investment Management AB grew its position in Exelon by 418.1% during the fourth quarter. Nordea Investment Management AB now owns 2,501,392 shares of the company’s stock valued at $94,152,000 after buying an additional 2,018,604 shares during the period. 80.92% of the stock is currently owned by institutional investors.

Exelon Price Performance

EXC stock opened at $44.02 on Thursday. The company has a market capitalization of $44.44 billion, a PE ratio of 17.97, a price-to-earnings-growth ratio of 2.86 and a beta of 0.51. The company’s fifty day moving average price is $42.31 and its 200-day moving average price is $40.06. Exelon Co. has a one year low of $34.01 and a one year high of $45.20. 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 (NASDAQ:EXC) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, beating the consensus estimate 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 quarter in the prior year, the firm posted $0.60 earnings per share. On average, equities analysts anticipate that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were given a dividend of $0.40 per share. 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 3.63%. The ex-dividend date of this dividend was Monday, February 24th. Exelon’s dividend payout ratio is currently 65.31%.

Insider Activity at Exelon

In other news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total value of $59,353.91. Following the completion of the transaction, the executive vice president now owns 2,271 shares in the company, 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 Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

EXC has been the topic of several analyst reports. Barclays lifted their price target 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. Scotiabank upped their price target on Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Exelon in a research report on Tuesday, February 4th. UBS Group increased their target price on shares of Exelon from $45.00 to $47.00 and gave the stock a “neutral” rating in a report on Friday, March 21st. Finally, Morgan Stanley lifted their price target on shares of Exelon from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Thursday, March 20th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $45.13.

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.