MUFG Securities EMEA plc increased its stake in shares of Exelon Corporation (NASDAQ:EXC – Free Report) by 114.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,452 shares of the company’s stock after acquiring an additional 22,120 shares during the quarter. MUFG Securities EMEA plc’s holdings in Exelon were worth $1,807,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Optima Capital LLC bought a new stake in Exelon in the 4th quarter valued at $25,000. Beacon Financial Strategies CORP bought a new stake in Exelon in the 4th quarter valued at $26,000. Leonteq Securities AG bought a new stake in Exelon in the 4th quarter valued at $26,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Exelon by 289.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock valued at $34,000 after buying an additional 578 shares during the period. Finally, Jackson Grant Investment Advisers Inc. increased its holdings in Exelon by 861.2% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 817 shares of the company’s stock valued at $36,000 after buying an additional 732 shares during the period. Institutional investors own 80.92% of the company’s stock.
Exelon Stock Down 2.0%
Shares of NASDAQ EXC opened at $44.71 on Tuesday. The firm’s 50-day simple moving average is $46.69 and its 200 day simple moving average is $46.02. The company has a market cap of $45.75 billion, a price-to-earnings ratio of 16.38, a price-to-earnings-growth ratio of 2.64 and a beta of 0.32. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. Exelon Corporation has a 12-month low of $42.11 and a 12-month high of $50.65.
Exelon Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be given a dividend of $0.42 per share. The ex-dividend date is Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. Exelon’s dividend payout ratio is presently 61.54%.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on EXC. JPMorgan Chase & Co. boosted their price target on shares of Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. Morgan Stanley lowered their price target on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Barclays lowered shares of Exelon from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $50.00 to $49.00 in a report on Friday, April 17th. TD Cowen lowered their price target on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Finally, Citigroup began coverage on shares of Exelon in a report on Thursday, March 26th. They issued a “buy” rating and a $58.00 target price on the stock. Four equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $50.27.
Get Our Latest Report on Exelon
Exelon Company Profile
Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.
Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.
See Also
- Five stocks we like better than Exelon
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
Want to see what other hedge funds are holding EXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exelon Corporation (NASDAQ:EXC – Free Report).
Receive News & Ratings for Exelon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exelon and related companies with MarketBeat.com's FREE daily email newsletter.
