Exelon Co. (NASDAQ:EXC) Position Raised by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV grew its position in shares of Exelon Co. (NASDAQ:EXC) by 14.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,969 shares of the company’s stock after acquiring an additional 493 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in Exelon were worth $161,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of EXC. Crewe Advisors LLC bought a new stake in Exelon during the 1st quarter valued at $26,000. American National Bank & Trust increased its holdings in shares of Exelon by 178.8% during the third quarter. American National Bank & Trust now owns 697 shares of the company’s stock valued at $28,000 after purchasing an additional 447 shares during the period. Register Financial Advisors LLC bought a new stake in shares of Exelon during the first quarter valued at about $26,000. Versant Capital Management Inc lifted its holdings in Exelon by 646.2% in the second quarter. Versant Capital Management Inc now owns 776 shares of the company’s stock worth $27,000 after purchasing an additional 672 shares during the period. Finally, J.Safra Asset Management Corp bought a new position in Exelon in the 2nd quarter valued at about $28,000. Institutional investors own 80.92% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Jefferies Financial Group initiated coverage on shares of Exelon in a research report on Thursday, September 19th. They set a “buy” rating and a $46.00 price target on the stock. UBS Group boosted 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. Barclays increased 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 boosted their price objective on Exelon from $40.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Friday, August 2nd. Finally, Scotiabank raised their target price on Exelon from $37.00 to $40.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 20th. Eleven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Exelon has a consensus rating of “Hold” and an average target price of $41.08.

Exelon Trading Down 1.4 %

NASDAQ:EXC opened at $40.21 on Friday. The stock has a fifty day simple moving average of $38.67 and a 200 day simple moving average of $37.30. The company has a quick ratio of 0.93, a current ratio of 1.03 and a debt-to-equity ratio of 1.66. The firm has a market capitalization of $40.21 billion, a price-to-earnings ratio of 17.33, a price-to-earnings-growth ratio of 2.92 and a beta of 0.53. Exelon Co. has a 1-year low of $33.35 and a 1-year high of $41.48.

Exelon (NASDAQ:EXC) last announced its earnings results on Thursday, August 1st. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.40 by $0.07. Exelon had a net margin of 10.65% and a return on equity of 9.40%. The company had revenue of $5.36 billion during the quarter, compared to analysts’ expectations of $4.98 billion. During the same period last year, the company posted $0.41 earnings per share. Sell-side analysts forecast that Exelon Co. will post 2.45 earnings per share for the current year.

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Monday, August 12th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 3.78%. The ex-dividend date was Monday, August 12th. Exelon’s dividend payout ratio (DPR) is currently 65.52%.

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.