SNS Financial Group LLC bought a new stake in shares of Exelon Co. (NYSE:EXC) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 5,205 shares of the energy giant’s stock, valued at approximately $235,000.
Other large investors have also made changes to their positions in the company. Moody National Bank Trust Division purchased a new position in shares of Exelon during the 4th quarter valued at approximately $26,000. Csenge Advisory Group purchased a new position in Exelon in the 3rd quarter valued at $26,000. Patriot Financial Group Insurance Agency LLC lifted its holdings in Exelon by 84.9% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 969 shares of the energy giant’s stock valued at $44,000 after purchasing an additional 445 shares in the last quarter. Financial Gravity Companies Inc. purchased a new position in Exelon in the 4th quarter valued at $49,000. Finally, Ipswich Investment Management Co. Inc. purchased a new position in Exelon in the 4th quarter valued at $48,000. Hedge funds and other institutional investors own 80.71% of the company’s stock.
Several research analysts have recently commented on EXC shares. Royal Bank of Canada reiterated a “buy” rating and set a $46.00 price target on shares of Exelon in a report on Wednesday, November 7th. Zacks Investment Research upgraded Exelon from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a report on Monday, October 29th. ValuEngine upgraded Exelon from a “hold” rating to a “buy” rating in a report on Wednesday, October 24th. Finally, Barclays lifted their price target on Exelon from $46.00 to $47.00 and gave the stock a “hold” rating in a report on Monday, November 19th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the stock. Exelon currently has an average rating of “Hold” and an average price target of $46.53.
Shares of NYSE:EXC opened at $47.72 on Monday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.17 and a quick ratio of 1.02. The stock has a market cap of $46.15 billion, a P/E ratio of 15.29, a price-to-earnings-growth ratio of 3.31 and a beta of 0.39. Exelon Co. has a 12-month low of $35.87 and a 12-month high of $48.17.
Exelon (NYSE:EXC) last issued its quarterly earnings data on Friday, February 8th. The energy giant reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. The firm had revenue of $8.81 billion during the quarter, compared to the consensus estimate of $6.60 billion. Exelon had a return on equity of 9.18% and a net margin of 5.58%. The company’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period last year, the company earned $0.55 EPS. On average, sell-side analysts forecast that Exelon Co. will post 3.16 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 8th. Shareholders of record on Wednesday, February 20th will be given a $0.3625 dividend. This is an increase from Exelon’s previous quarterly dividend of $0.35. This represents a $1.45 annualized dividend and a yield of 3.04%. The ex-dividend date is Tuesday, February 19th. Exelon’s payout ratio is currently 44.23%.
Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. The company owns electric generating facilities, such as nuclear, fossil, wind, hydroelectric, and solar generating facilities. It also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.
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