Exelon Co. (NASDAQ:EXC) Holdings Lifted by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. boosted its holdings in Exelon Co. (NASDAQ:EXC) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,288 shares of the company’s stock after acquiring an additional 1,935 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Exelon were worth $1,742,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Oppenheimer & Co. Inc. lifted its stake in Exelon by 7.1% during the third quarter. Oppenheimer & Co. Inc. now owns 33,393 shares of the company’s stock valued at $1,354,000 after purchasing an additional 2,208 shares during the last quarter. KBC Group NV increased its holdings in shares of Exelon by 65.5% in the third quarter. KBC Group NV now owns 148,055 shares of the company’s stock valued at $6,004,000 after buying an additional 58,620 shares in the last quarter. OneDigital Investment Advisors LLC boosted its stake in shares of Exelon by 10.1% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,955 shares of the company’s stock worth $282,000 after acquiring an additional 638 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Exelon by 8.8% in the 3rd quarter. Empowered Funds LLC now owns 16,980 shares of the company’s stock worth $689,000 after acquiring an additional 1,367 shares during the last quarter. Finally, Natixis Advisors LLC raised its position in shares of Exelon by 34.0% during the third quarter. Natixis Advisors LLC now owns 502,454 shares of the company’s stock worth $20,375,000 after purchasing an additional 127,493 shares during the period. 80.92% of the stock is owned by institutional investors and hedge funds.

Exelon Price Performance

Shares of NASDAQ:EXC opened at $44.39 on Tuesday. The firm has a market cap of $44.62 billion, a price-to-earnings ratio of 18.12, a P/E/G ratio of 2.86 and a beta of 0.51. Exelon Co. has a 1 year low of $34.01 and a 1 year high of $45.20. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 1.61. The business has a fifty day simple moving average of $41.45 and a 200 day simple moving average of $39.80.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Exelon had a return on equity of 9.52% and a net margin of 10.68%. During the same quarter in the prior year, the firm posted $0.60 earnings per share. As a group, sell-side analysts predict that Exelon Co. will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, February 24th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.60%. This is an increase from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, February 24th. Exelon’s payout ratio is currently 65.31%.

Insider Transactions at Exelon

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

Analyst Ratings Changes

EXC has been the subject of a number of recent analyst reports. Scotiabank increased their price target on Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research report on Thursday, February 13th. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Evercore ISI upgraded shares of Exelon from an “in-line” rating to an “outperform” rating and upped their price target for the company from $43.00 to $44.00 in a research report on Tuesday, January 21st. Morgan Stanley lowered their price objective on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Finally, Barclays increased their target price on Exelon from $42.00 to $48.00 and gave the company an “overweight” rating in a report on Tuesday, February 25th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $44.13.

Exelon 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.