Regal Investment Advisors LLC Buys 4,319 Shares of Exelon Co. (EXC)

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Regal Investment Advisors LLC increased its stake in shares of Exelon Co. (NYSE:EXC) by 29.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,139 shares of the energy giant’s stock after acquiring an additional 4,319 shares during the quarter. Regal Investment Advisors LLC’s holdings in Exelon were worth $836,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of EXC. State Treasurer State of Michigan grew its position in Exelon by 71.6% during the 2nd quarter. State Treasurer State of Michigan now owns 4,185,797 shares of the energy giant’s stock worth $178,315,000 after acquiring an additional 1,746,700 shares during the last quarter. Glenmede Trust Co. NA grew its position in Exelon by 1,187.3% during the 2nd quarter. Glenmede Trust Co. NA now owns 1,187,053 shares of the energy giant’s stock worth $50,568,000 after acquiring an additional 1,094,843 shares during the last quarter. Russell Investments Group Ltd. grew its position in Exelon by 31.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 3,733,728 shares of the energy giant’s stock worth $161,330,000 after acquiring an additional 902,458 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in Exelon by 18.8% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 5,166,583 shares of the energy giant’s stock worth $220,097,000 after acquiring an additional 816,893 shares during the last quarter. Finally, BlackRock Inc. grew its position in Exelon by 1.0% during the 2nd quarter. BlackRock Inc. now owns 71,949,812 shares of the energy giant’s stock worth $3,065,064,000 after acquiring an additional 721,483 shares during the last quarter. Institutional investors and hedge funds own 78.89% of the company’s stock.

NYSE EXC opened at $45.04 on Friday. Exelon Co. has a fifty-two week low of $35.57 and a fifty-two week high of $45.29. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.33 and a quick ratio of 1.16. The company has a market capitalization of $43.20 billion, a price-to-earnings ratio of 14.41, a price-to-earnings-growth ratio of 2.87 and a beta of 0.26.

Exelon (NYSE:EXC) last released its quarterly earnings data on Thursday, November 1st. The energy giant reported $0.88 earnings per share for the quarter, hitting the consensus estimate of $0.88. Exelon had a return on equity of 9.35% and a net margin of 10.67%. The business had revenue of $8.08 billion during the quarter, compared to analysts’ expectations of $8.74 billion. During the same quarter last year, the business posted $0.85 EPS. The business’s revenue was up 5.4% on a year-over-year basis. As a group, research analysts expect that Exelon Co. will post 3.12 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 10th. Shareholders of record on Thursday, November 15th will be issued a $0.345 dividend. This represents a $1.38 annualized dividend and a yield of 3.06%. The ex-dividend date is Wednesday, November 14th. Exelon’s dividend payout ratio (DPR) is currently 53.08%.

Several equities analysts recently issued reports on the company. Royal Bank of Canada restated a “buy” rating and set a $46.00 price target on shares of Exelon in a research report on Wednesday. Credit Suisse Group raised their price target on Exelon from $47.00 to $48.00 and gave the stock an “outperform” rating in a research report on Tuesday. Morgan Stanley set a $48.00 price target on Exelon and gave the stock a “hold” rating in a research report on Friday, November 2nd. ValuEngine lowered Exelon from a “buy” rating to a “hold” rating in a research report on Thursday, November 1st. Finally, Zacks Investment Research upgraded Exelon from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a research report on Monday, October 29th. Ten research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $46.00.

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About Exelon

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. The company owns electric generating facilities, such as nuclear, fossil, wind, hydroelectric, and solar generating facilities. It also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

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Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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