Exelon Co. (NASDAQ:EXC) Shares Purchased by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. boosted its position in Exelon Co. (NASDAQ:EXC) by 3.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,881 shares of the company’s stock after buying an additional 323 shares during the quarter. Stanley Laman Group Ltd.’s holdings in Exelon were worth $409,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Centre Asset Management LLC raised its stake in shares of Exelon by 3.2% in the 1st quarter. Centre Asset Management LLC now owns 7,584 shares of the company’s stock valued at $349,000 after purchasing an additional 233 shares in the last quarter. Ausdal Financial Partners Inc. raised its stake in shares of Exelon by 2.8% in the 4th quarter. Ausdal Financial Partners Inc. now owns 11,796 shares of the company’s stock valued at $444,000 after purchasing an additional 324 shares in the last quarter. Horizon Investments LLC raised its stake in shares of Exelon by 1.8% in the 4th quarter. Horizon Investments LLC now owns 18,811 shares of the company’s stock valued at $708,000 after purchasing an additional 335 shares in the last quarter. Wedbush Securities Inc. raised its stake in shares of Exelon by 1.8% in the 4th quarter. Wedbush Securities Inc. now owns 19,399 shares of the company’s stock valued at $730,000 after purchasing an additional 342 shares in the last quarter. Finally, Lido Advisors LLC raised its stake in shares of Exelon by 1.3% in the 4th quarter. Lido Advisors LLC now owns 27,570 shares of the company’s stock valued at $1,038,000 after purchasing an additional 353 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Price Performance

NASDAQ EXC opened at $43.25 on Friday. Exelon Co. has a 52 week low of $34.01 and a 52 week high of $48.11. 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 stock has a market cap of $43.66 billion, a price-to-earnings ratio of 17.65, a price-to-earnings-growth ratio of 2.86 and a beta of 0.39. The company has a 50-day moving average price of $44.78 and a two-hundred day moving average price of $42.20.

Exelon (NASDAQ:EXC) last posted its earnings results on Thursday, May 1st. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.86 by $0.06. Exelon had a net margin of 10.68% and a return on equity of 9.52%. The firm had revenue of $6.71 billion during the quarter, compared to analysts’ expectations of $6.30 billion. During the same quarter in the prior year, the firm earned $0.68 EPS. Exelon’s quarterly revenue was up 11.1% on a year-over-year basis. Analysts forecast that Exelon Co. will post 2.64 EPS for the current year.

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, May 12th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.70%. The ex-dividend date of this dividend was Monday, May 12th. Exelon’s dividend payout ratio (DPR) is 59.48%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on EXC shares. Guggenheim upped their target price on shares of Exelon from $47.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, May 2nd. Barclays boosted their price objective on shares of Exelon from $42.00 to $48.00 and gave the company an “overweight” rating in a research report on Tuesday, February 25th. Morgan Stanley lowered their price objective on shares of Exelon from $49.00 to $48.00 and set an “equal weight” rating for the company in a research report on Thursday, May 22nd. UBS Group reaffirmed a “neutral” rating and set a $48.00 price objective (up previously from $46.00) on shares of Exelon in a research report on Monday, June 2nd. Finally, Evercore ISI boosted their price objective on shares of Exelon from $48.00 to $51.00 and gave the company an “in-line” rating in a research report on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Exelon has a consensus rating of “Hold” and a consensus target price of $47.40.

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.