Blair William & Co. IL Has $1.08 Million Stake in Exelon Co. (NASDAQ:EXC)

Blair William & Co. IL lifted its position in Exelon Co. (NASDAQ:EXC) by 9.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,109 shares of the company’s stock after purchasing an additional 2,627 shares during the quarter. Blair William & Co. IL’s holdings in Exelon were worth $1,077,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of EXC. TD Asset Management Inc grew its position 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 acquiring an additional 23,270 shares during the period. Vanguard Group Inc. grew its position in Exelon by 16.3% in 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. Clearbridge Investments LLC grew its position in Exelon by 10.5% in the first quarter. Clearbridge Investments LLC now owns 1,645,737 shares of the company’s stock valued at $61,830,000 after acquiring an additional 156,201 shares during the period. Czech National Bank grew its position in Exelon by 8.8% in the second quarter. Czech National Bank now owns 190,537 shares of the company’s stock valued at $6,594,000 after acquiring an additional 15,389 shares during the period. Finally, Sciencast Management LP bought a new stake in Exelon in the first quarter valued at $1,461,000. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Price Performance

Exelon stock opened at $39.99 on Wednesday. The business’s 50-day simple moving average is $37.93 and its 200 day simple moving average is $37.08. The stock has a market cap of $39.99 billion, a price-to-earnings ratio of 17.31, a P/E/G ratio of 2.93 and a beta of 0.53. Exelon Co. has a 12-month low of $33.35 and a 12-month high of $41.48. 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 (NASDAQ:EXC) last released its earnings results on Thursday, August 1st. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.07. Exelon had a return on equity of 9.40% and a net margin of 10.65%. The firm had revenue of $5.36 billion for the quarter, compared to analyst estimates of $4.98 billion. During the same quarter in the prior year, the firm posted $0.41 earnings per share. As a group, research analysts anticipate that Exelon Co. will post 2.44 earnings per share for the current year.

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Monday, August 12th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 3.80%. The ex-dividend date was Monday, August 12th. Exelon’s payout ratio is 65.52%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on EXC. Barclays upped their price target on Exelon from $39.00 to $41.00 and gave the company an “overweight” rating in a research report on Monday, July 22nd. Jefferies Financial Group initiated coverage on Exelon in a report on Thursday, September 19th. They set a “buy” rating and a $46.00 target price on the stock. Morgan Stanley increased their target price on Exelon from $39.00 to $42.00 and gave the stock an “equal weight” rating in a report on Friday, August 23rd. Wells Fargo & Company increased their target price on Exelon from $40.00 to $42.00 and gave the stock an “equal weight” rating in a report on Friday, August 2nd. Finally, UBS Group increased their target price on Exelon from $40.00 to $43.00 and gave the stock a “neutral” rating in a report on Friday, September 20th. Eleven analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Exelon presently has an average rating of “Hold” and a consensus price target of $40.83.

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.