KLCM Advisors Inc. Increases Stake in Exelon Co. (NASDAQ:EXC)

KLCM Advisors Inc. increased its holdings in shares of Exelon Co. (NASDAQ:EXC) by 32.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,876 shares of the company’s stock after buying an additional 2,423 shares during the period. KLCM Advisors Inc.’s holdings in Exelon were worth $372,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in EXC. Exchange Traded Concepts LLC purchased a new stake in shares of Exelon in the 3rd quarter valued at approximately $366,000. Creative Planning increased its position in shares of Exelon by 49.1% in the 3rd quarter. Creative Planning now owns 201,264 shares of the company’s stock valued at $8,161,000 after purchasing an additional 66,287 shares during the last quarter. Bleakley Financial Group LLC increased its position in shares of Exelon by 3.5% in the 3rd quarter. Bleakley Financial Group LLC now owns 10,634 shares of the company’s stock valued at $431,000 after purchasing an additional 362 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of Exelon by 28.2% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 150,728 shares of the company’s stock valued at $6,112,000 after purchasing an additional 33,121 shares during the last quarter. Finally, Aaron Wealth Advisors LLC increased its position in shares of Exelon by 11.8% in the 3rd quarter. Aaron Wealth Advisors LLC now owns 7,583 shares of the company’s stock valued at $307,000 after purchasing an additional 802 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Stock Down 0.3 %

Shares of Exelon stock opened at $42.85 on Monday. The company has a market cap of $43.06 billion, a P/E ratio of 17.63, a PEG ratio of 2.74 and a beta of 0.56. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.97 and a current ratio of 1.09. Exelon Co. has a one year low of $34.01 and a one year high of $43.45. The firm has a fifty day moving average of $38.82 and a two-hundred day moving average of $38.94.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Exelon had a net margin of 10.60% and a return on equity of 9.47%. During the same quarter in the prior year, the company posted $0.60 earnings per share. On average, analysts forecast that Exelon Co. will post 2.46 earnings per share for the current year.

Exelon Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, February 24th will be issued a $0.40 dividend. The ex-dividend date is Monday, February 24th. This is a boost from Exelon’s previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a yield of 3.73%. Exelon’s dividend payout ratio (DPR) is 62.55%.

Insider Buying and Selling at Exelon

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

Analyst Ratings Changes

A number of brokerages have commented on EXC. Scotiabank increased their price objective on shares of Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research report on Thursday. Barclays lowered their target price on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a report on Wednesday, January 22nd. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Morgan Stanley lowered their target price on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. Finally, Evercore ISI upgraded shares of Exelon from an “in-line” rating to an “outperform” rating and upped their target price for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Exelon currently has an average rating of “Moderate Buy” and a consensus target price of $43.38.

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.