Exelon Co. (NASDAQ:EXC) Stock Position Lifted by Mather Group LLC.

Mather Group LLC. boosted its stake in Exelon Co. (NASDAQ:EXC) by 19.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,179 shares of the company’s stock after buying an additional 2,683 shares during the quarter. Mather Group LLC.’s holdings in Exelon were worth $608,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. TD Asset Management Inc grew its stake in Exelon by 2.3% in the fourth quarter. TD Asset Management Inc now owns 1,018,676 shares of the company’s stock valued at $36,570,000 after purchasing an additional 23,270 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Exelon by 16.3% during the first quarter. Vanguard Group Inc. now owns 105,310,761 shares of the company’s stock valued at $3,956,525,000 after acquiring an additional 14,749,899 shares during the period. National Bank of Canada FI grew its holdings in Exelon by 33.9% in the 4th quarter. National Bank of Canada FI now owns 1,096,272 shares of the company’s stock valued at $39,968,000 after buying an additional 277,635 shares during the last quarter. Clearbridge Investments LLC increased its position in Exelon by 10.5% during the first quarter. Clearbridge Investments LLC now owns 1,645,737 shares of the company’s stock worth $61,830,000 after acquiring an additional 156,201 shares during the period. Finally, Duality Advisers LP raised its position in shares of Exelon by 225.3% during the fourth quarter. Duality Advisers LP now owns 122,009 shares of the company’s stock valued at $4,380,000 after buying an additional 84,498 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Trading Up 0.2 %

Shares of Exelon stock traded up $0.07 during trading on Tuesday, reaching $37.59. 6,324,867 shares of the company were exchanged, compared to its average volume of 6,865,865. The business has a 50-day moving average price of $35.87 and a 200-day moving average price of $36.28. The firm has a market capitalization of $37.59 billion, a price-to-earnings ratio of 16.20, a P/E/G ratio of 2.79 and a beta of 0.52. The company has a quick ratio of 0.93, a current ratio of 1.03 and a debt-to-equity ratio of 1.66. Exelon Co. has a twelve month low of $33.35 and a twelve month high of $42.15.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.07. Exelon had a return on equity of 9.40% and a net margin of 10.65%. The company had revenue of $5.36 billion during the quarter, compared to analysts’ expectations of $4.98 billion. During the same period in the prior year, the business posted $0.41 EPS. Sell-side analysts anticipate that Exelon Co. will post 2.43 EPS for the current fiscal year.

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 13th. Stockholders of record on Monday, August 12th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date of this dividend is Monday, August 12th. Exelon’s dividend payout ratio is currently 65.52%.

Analyst Ratings Changes

EXC has been the topic of several research reports. Barclays boosted their price target on Exelon from $39.00 to $41.00 and gave the company an “overweight” rating in a research note on Monday, July 22nd. Wells Fargo & Company upped their target price on Exelon from $40.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday. Morgan Stanley reduced their target price on Exelon from $41.00 to $39.00 and set an “equal weight” rating for the company in a research report on Monday, June 24th. BMO Capital Markets boosted their price target on shares of Exelon from $40.00 to $42.00 and gave the company an “outperform” rating in a report on Friday, May 3rd. Finally, Scotiabank dropped their price objective on shares of Exelon from $39.00 to $37.00 and set a “sector perform” rating for the company in a research note on Monday, April 22nd. Eleven analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $39.27.

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.