700 Shares in Exelon Co. (NASDAQ:EXC) Acquired by Register Financial Advisors LLC

Register Financial Advisors LLC bought a new position in shares of Exelon Co. (NASDAQ:EXC) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 700 shares of the company’s stock, valued at approximately $26,000.

A number of other large investors have also recently made changes to their positions in the company. Ferguson Wellman Capital Management Inc. increased its stake in Exelon by 2.2% in the first quarter. Ferguson Wellman Capital Management Inc. now owns 14,727 shares of the company’s stock valued at $553,000 after purchasing an additional 310 shares during the last quarter. Redhawk Wealth Advisors Inc. increased its stake in Exelon by 6.2% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 5,912 shares of the company’s stock valued at $212,000 after purchasing an additional 347 shares during the last quarter. Uncommon Cents Investing LLC increased its stake in Exelon by 1.4% in the fourth quarter. Uncommon Cents Investing LLC now owns 25,555 shares of the company’s stock valued at $917,000 after purchasing an additional 360 shares during the last quarter. UNIVEST FINANCIAL Corp increased its stake in Exelon by 5.3% in the fourth quarter. UNIVEST FINANCIAL Corp now owns 7,375 shares of the company’s stock valued at $265,000 after purchasing an additional 374 shares during the last quarter. Finally, Hexagon Capital Partners LLC increased its stake in Exelon by 11.9% in the fourth quarter. Hexagon Capital Partners LLC now owns 3,595 shares of the company’s stock valued at $129,000 after purchasing an additional 382 shares during the last quarter. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Price Performance

Shares of NASDAQ EXC opened at $34.61 on Friday. Exelon Co. has a 1-year low of $33.35 and a 1-year high of $43.53. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.03 and a quick ratio of 0.93. The stock has a fifty day moving average price of $36.84 and a 200 day moving average price of $36.28. The company has a market cap of $34.61 billion, a PE ratio of 14.92, a P/E/G ratio of 2.53 and a beta of 0.52.

Exelon (NASDAQ:EXC) last released its earnings results on Thursday, May 2nd. The company reported $0.69 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.01). Exelon had a net margin of 10.44% and a return on equity of 9.27%. The business had revenue of $6.04 billion during the quarter, compared to analyst estimates of $5.70 billion. Sell-side analysts forecast that Exelon Co. will post 2.42 EPS for the current year.

Exelon Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Monday, May 13th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date of this dividend was Friday, May 10th. Exelon’s dividend payout ratio (DPR) is currently 65.52%.

Analysts Set New Price Targets

Several equities analysts have commented on EXC shares. StockNews.com upgraded shares of Exelon from a “sell” rating to a “hold” rating in a research note on Monday, March 25th. Morgan Stanley lowered their target price on shares of Exelon from $41.00 to $39.00 and set an “equal weight” rating on the stock in a research report on Monday, June 24th. Scotiabank lowered their target price on shares of Exelon from $39.00 to $37.00 and set a “sector perform” rating on the stock in a research report on Monday, April 22nd. Wells Fargo & Company raised their target price on shares of Exelon from $39.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Friday, May 3rd. Finally, Barclays raised their target price on shares of Exelon from $36.00 to $39.00 and gave the stock an “overweight” rating in a research report on Thursday, March 14th. Eleven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Exelon presently has a consensus rating of “Hold” and a consensus price target of $38.91.

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.