Compagnie Lombard Odier SCmA Buys 4,705 Shares of Exelon Co. (NASDAQ:EXC)

Compagnie Lombard Odier SCmA increased its holdings in shares of Exelon Co. (NASDAQ:EXC) by 58.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,730 shares of the company’s stock after acquiring an additional 4,705 shares during the period. Compagnie Lombard Odier SCmA’s holdings in Exelon were worth $479,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EXC. Czech National Bank boosted its holdings in Exelon by 7.0% during the fourth quarter. Czech National Bank now owns 217,868 shares of the company’s stock worth $8,201,000 after purchasing an additional 14,158 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its position in Exelon by 20.8% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,624,805 shares of the company’s stock worth $61,158,000 after acquiring an additional 279,827 shares during the period. HITE Hedge Asset Management LLC increased its position in Exelon by 431.3% during the third quarter. HITE Hedge Asset Management LLC now owns 395,840 shares of the company’s stock worth $16,051,000 after acquiring an additional 321,333 shares during the period. Charles Schwab Investment Management Inc. increased its position in Exelon by 2.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 6,446,408 shares of the company’s stock worth $261,402,000 after acquiring an additional 123,466 shares during the period. Finally, State Street Corp increased its holdings in Exelon by 3.7% in the 3rd quarter. State Street Corp now owns 60,169,219 shares of the company’s stock valued at $2,439,862,000 after buying an additional 2,156,259 shares during the period. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Barclays decreased their target price on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, January 22nd. Scotiabank raised their target price on shares of Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a report on Thursday. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and raised their target price for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Finally, Morgan Stanley reduced their price target 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. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $43.38.

Exelon Stock Down 0.3 %

NASDAQ:EXC opened at $42.85 on Friday. The firm’s 50 day simple moving average is $38.72 and its 200 day simple moving average is $38.87. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.97. Exelon Co. has a one year low of $34.01 and a one year high of $43.45. The company has a market cap of $43.06 billion, a PE ratio of 17.63, a P/E/G ratio of 2.74 and a beta of 0.56.

Exelon (NASDAQ:EXC) last posted its earnings results on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.59 by $0.05. Exelon had a net margin of 10.60% and a return on equity of 9.47%. During the same quarter in the prior year, the firm posted $0.60 EPS. On average, research analysts anticipate that Exelon Co. will post 2.46 earnings per share for the current year.

Exelon Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, February 24th will be issued a dividend of $0.40 per share. This is a positive change from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Monday, February 24th. This represents a $1.60 annualized dividend and a yield of 3.73%. Exelon’s dividend payout ratio (DPR) is presently 62.55%.

Insider Activity

In other news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total value of $59,353.91. Following the completion of the sale, the executive vice president now owns 2,271 shares in the company, valued at $92,134.47. The trade was a 39.18 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.10% of the stock is currently owned by company insiders.

Exelon Company 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.