Chapman Financial Group LLC acquired a new stake in shares of Exelon Co. (NASDAQ:EXC – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,433 shares of the company’s stock, valued at approximately $54,000.
A number of other institutional investors also recently modified their holdings of the company. Millstone Evans Group LLC bought a new stake in Exelon during the 4th quarter worth approximately $28,000. Stephens Consulting LLC raised its position in Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after buying an additional 343 shares during the last quarter. Brown Lisle Cummings Inc. bought a new position in Exelon during the 4th quarter valued at $30,000. Crews Bank & Trust purchased a new position in Exelon during the 4th quarter worth $34,000. Finally, Capital Advisors Ltd. LLC grew its stake in shares of Exelon by 119.6% in the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock worth $35,000 after acquiring an additional 513 shares in the last quarter. 80.92% of the stock is owned by institutional investors and hedge funds.
Exelon Trading Down 1.0 %
Shares of Exelon stock opened at $46.00 on Tuesday. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87. The stock has a market capitalization of $46.44 billion, a P/E ratio of 18.78, a P/E/G ratio of 2.86 and a beta of 0.43. Exelon Co. has a 52-week low of $34.01 and a 52-week high of $48.11. The stock’s 50-day simple moving average is $45.10 and its 200 day simple moving average is $41.31.
Exelon Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Monday, May 12th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.48%. Exelon’s payout ratio is 59.48%.
Analysts Set New Price Targets
EXC has been the topic of several analyst reports. Barclays boosted their price target on shares of Exelon from $42.00 to $48.00 and gave the stock an “overweight” rating in a report on Tuesday, February 25th. UBS Group increased their price target on Exelon from $45.00 to $47.00 and gave the company a “neutral” rating in a research report on Friday, March 21st. Guggenheim boosted their price objective on Exelon from $47.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday. BMO Capital Markets raised their target price on Exelon from $46.00 to $50.00 and gave the company an “outperform” rating in a research report on Monday, April 28th. Finally, Scotiabank boosted their price target on shares of Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a report on Thursday, February 13th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Exelon has an average rating of “Hold” and a consensus price target of $48.22.
View Our Latest Research Report on Exelon
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.
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