Monetary Management Group Inc. Has $173,000 Stock Position in Exelon Co. (NASDAQ:EXC)

Monetary Management Group Inc. increased its position in shares of Exelon Co. (NASDAQ:EXC) by 820.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,600 shares of the company’s stock after acquiring an additional 4,100 shares during the quarter. Monetary Management Group Inc.’s holdings in Exelon were worth $173,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Millstone Evans Group LLC acquired a new position in shares of Exelon in the 4th quarter valued at $28,000. Stephens Consulting LLC increased its holdings in Exelon by 78.1% in the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after purchasing an additional 343 shares during the last quarter. Brown Lisle Cummings Inc. acquired a new position in Exelon in the fourth quarter valued at about $30,000. Crews Bank & Trust acquired a new position in Exelon in the fourth quarter valued at about $34,000. Finally, Capital Advisors Ltd. LLC boosted its holdings in Exelon by 119.6% during the fourth quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock worth $35,000 after buying an additional 513 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Trading Up 1.9 %

Shares of NASDAQ:EXC opened at $45.12 on Friday. The firm has a market cap of $45.55 billion, a price-to-earnings ratio of 18.42, a PEG ratio of 2.86 and a beta of 0.39. Exelon Co. has a 12 month low of $34.01 and a 12 month high of $48.11. The company’s fifty day simple moving average is $43.70 and its 200 day simple moving average is $40.55. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate 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 period in the prior year, the business posted $0.60 EPS. As a group, research analysts forecast that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, February 24th were given a dividend of $0.40 per share. The ex-dividend date was Monday, February 24th. This represents a $1.60 dividend on an annualized basis and a yield of 3.55%. This is an increase from Exelon’s previous quarterly dividend of $0.38. Exelon’s dividend payout ratio is 65.31%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Guggenheim raised Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Barclays upped their target price on shares of Exelon from $42.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday, February 25th. UBS Group lifted their price target on shares of Exelon from $45.00 to $47.00 and gave the stock a “neutral” rating in a research report on Friday, March 21st. Morgan Stanley upped their price objective on shares of Exelon from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Thursday, March 20th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.13.

Insider Transactions at Exelon

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

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.