Exelon Co. (NYSE:EXC) Position Raised by Savant Capital LLC

Savant Capital LLC increased its holdings in shares of Exelon Co. (NYSE:EXC) by 13.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,536 shares of the energy giant’s stock after purchasing an additional 2,539 shares during the period. Savant Capital LLC’s holdings in Exelon were worth $849,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EXC. Andra AP fonden increased its position in shares of Exelon by 7.8% during the 3rd quarter. Andra AP fonden now owns 160,000 shares of the energy giant’s stock worth $6,027,000 after purchasing an additional 11,600 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in shares of Exelon by 2.0% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 544,544 shares of the energy giant’s stock worth $20,513,000 after purchasing an additional 10,516 shares during the last quarter. State of Wisconsin Investment Board increased its position in shares of Exelon by 6.7% during the 3rd quarter. State of Wisconsin Investment Board now owns 1,290,400 shares of the energy giant’s stock worth $48,609,000 after purchasing an additional 80,586 shares during the last quarter. Toronto Dominion Bank increased its holdings in shares of Exelon by 24.2% during the 2nd quarter. Toronto Dominion Bank now owns 1,453,732 shares of the energy giant’s stock worth $52,426,000 after acquiring an additional 283,664 shares during the last quarter. Finally, Prudential PLC increased its holdings in shares of Exelon by 44.3% during the 2nd quarter. Prudential PLC now owns 421,527 shares of the energy giant’s stock worth $15,204,000 after acquiring an additional 129,368 shares during the last quarter. Hedge funds and other institutional investors own 78.01% of the company’s stock.

Shares of Exelon Co. (NYSE:EXC) opened at $36.60 on Thursday. The company has a current ratio of 1.10, a quick ratio of 0.94 and a debt-to-equity ratio of 1.01. Exelon Co. has a 1 year low of $33.30 and a 1 year high of $42.67. The firm has a market capitalization of $35,715.73, a price-to-earnings ratio of 9.27, a P/E/G ratio of 2.42 and a beta of 0.23.

Exelon (NYSE:EXC) last announced its quarterly earnings data on Wednesday, February 7th. The energy giant reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.05). The business had revenue of $8.38 billion for the quarter, compared to the consensus estimate of $7.66 billion. Exelon had a return on equity of 8.35% and a net margin of 11.53%. Exelon’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.44 earnings per share. analysts predict that Exelon Co. will post 3.06 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Thursday, February 15th will be given a $0.345 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This is an increase from Exelon’s previous quarterly dividend of $0.33. This represents a $1.38 annualized dividend and a yield of 3.77%. Exelon’s dividend payout ratio (DPR) is currently 33.16%.

A number of research analysts recently weighed in on the company. Royal Bank of Canada reissued an “outperform” rating and set a $43.00 target price on shares of Exelon in a report on Wednesday. UBS Group assumed coverage on Exelon in a report on Friday, February 2nd. They set a “buy” rating and a $44.00 target price on the stock. Zacks Investment Research lowered Exelon from a “buy” rating to a “hold” rating in a report on Thursday, February 1st. Morgan Stanley decreased their price objective on Exelon from $42.00 to $41.00 and set an “equal weight” rating on the stock in a report on Thursday, February 8th. Finally, Mizuho raised Exelon from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $36.00 to $40.00 in a report on Tuesday, January 23rd. One analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $41.03.

In other Exelon news, EVP Paymon Aliabadi sold 13,334 shares of the stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $40.62, for a total value of $541,627.08. Following the completion of the transaction, the executive vice president now directly owns 26,435 shares in the company, valued at $1,073,789.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.70% of the stock is currently owned by company insiders.

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Exelon Company Profile

Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.

Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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