Exelon Co. (NASDAQ:EXC) Shares Acquired by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. boosted its holdings in shares of Exelon Co. (NASDAQ:EXC) by 11.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,407 shares of the company’s stock after purchasing an additional 1,050 shares during the period. J.W. Cole Advisors Inc.’s holdings in Exelon were worth $360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EXC. Dimensional Fund Advisors LP lifted its position in Exelon by 7.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,879,928 shares of the company’s stock valued at $103,389,000 after purchasing an additional 200,476 shares during the period. Gladstone Institutional Advisory LLC lifted its position in Exelon by 13.5% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 7,243 shares of the company’s stock valued at $260,000 after purchasing an additional 864 shares during the period. Wells Fargo & Company MN increased its holdings in Exelon by 5.6% in the fourth quarter. Wells Fargo & Company MN now owns 847,610 shares of the company’s stock valued at $30,429,000 after buying an additional 44,982 shares in the last quarter. Sachetta LLC purchased a new position in Exelon in the fourth quarter valued at $83,000. Finally, D.A. Davidson & CO. increased its holdings in Exelon by 1.8% in the fourth quarter. D.A. Davidson & CO. now owns 23,016 shares of the company’s stock valued at $826,000 after buying an additional 414 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Stock Performance

EXC opened at $39.50 on Thursday. The firm has a market capitalization of $39.50 billion, a PE ratio of 17.03, a PEG ratio of 2.88 and a beta of 0.53. Exelon Co. has a twelve month low of $33.35 and a twelve month high of $41.48. The firm’s 50-day moving average price is $37.65 and its 200 day moving average price is $37.01. The company has a current ratio of 1.03, a quick ratio of 0.93 and a debt-to-equity ratio of 1.66.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.07. The firm had revenue of $5.36 billion for the quarter, compared to analyst estimates of $4.98 billion. Exelon had a net margin of 10.65% and a return on equity of 9.40%. During the same period in the previous year, the business posted $0.41 earnings per share. As a group, sell-side analysts expect that Exelon Co. will post 2.44 EPS for the current fiscal year.

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Monday, August 12th were given a dividend of $0.38 per share. The ex-dividend date was Monday, August 12th. This represents a $1.52 dividend on an annualized basis and a yield of 3.85%. Exelon’s payout ratio is presently 65.52%.

Analysts Set New Price Targets

EXC has been the subject of a number of recent analyst reports. Morgan Stanley lifted their price objective on shares of Exelon from $39.00 to $42.00 and gave the company an “equal weight” rating in a report on Friday, August 23rd. Scotiabank lifted their price objective on shares of Exelon from $37.00 to $40.00 and gave the company a “sector perform” rating in a report on Tuesday, August 20th. Wells Fargo & Company lifted their price objective on shares of Exelon from $40.00 to $42.00 and gave the company an “equal weight” rating in a report on Friday, August 2nd. Finally, Barclays lifted their price objective on shares of Exelon from $39.00 to $41.00 and gave the company an “overweight” rating in a report on Monday, July 22nd. Eleven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $39.82.

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.