Exelon Co. (NASDAQ:EXC) Shares Acquired by Diversified Trust Co

Diversified Trust Co increased its position in shares of Exelon Co. (NASDAQ:EXC) by 85.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,517 shares of the company’s stock after purchasing an additional 17,327 shares during the period. Diversified Trust Co’s holdings in Exelon were worth $1,521,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Black Diamond Financial LLC grew its holdings in shares of Exelon by 2.0% during the second quarter. Black Diamond Financial LLC now owns 14,067 shares of the company’s stock worth $487,000 after purchasing an additional 279 shares during the last quarter. Aptus Capital Advisors LLC increased its position in Exelon by 3.3% during the second quarter. Aptus Capital Advisors LLC now owns 9,412 shares of the company’s stock worth $326,000 after buying an additional 304 shares during the period. Ferguson Wellman Capital Management Inc. lifted 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 buying an additional 310 shares during the last quarter. Johnson Investment Counsel Inc. boosted its holdings in shares of Exelon by 3.4% in the second quarter. Johnson Investment Counsel Inc. now owns 9,381 shares of the company’s stock valued at $325,000 after acquiring an additional 312 shares during the period. Finally, First Horizon Advisors Inc. grew its position in shares of Exelon by 8.9% during the second quarter. First Horizon Advisors Inc. now owns 4,096 shares of the company’s stock worth $142,000 after acquiring an additional 334 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

Shares of NASDAQ:EXC opened at $39.61 on Wednesday. The firm has a market capitalization of $39.63 billion, a price-to-earnings ratio of 17.07, a price-to-earnings-growth ratio of 2.96 and a beta of 0.53. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.03 and a quick ratio of 0.93. The business’s 50 day simple moving average is $38.73 and its 200-day simple moving average is $37.33. Exelon Co. has a 12 month low of $33.35 and a 12 month high of $41.48.

Exelon (NASDAQ:EXC) last posted 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 company 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 company earned $0.41 earnings per share. As a group, equities analysts forecast that Exelon Co. will post 2.45 earnings per share for the current fiscal year.

Exelon Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Monday, August 12th were paid 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 dividend yield of 3.84%. Exelon’s dividend payout ratio (DPR) is 65.52%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Wells Fargo & Company raised their price objective on shares of Exelon from $40.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, August 2nd. Jefferies Financial Group initiated coverage on Exelon in a research report on Thursday, September 19th. They issued a “buy” rating and a $46.00 price target on the stock. UBS Group increased their price objective on Exelon from $40.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, September 20th. Morgan Stanley boosted their target price on Exelon from $42.00 to $45.00 and gave the company an “equal weight” rating in a report on Wednesday, September 25th. Finally, 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 research report on Tuesday, August 20th. Eleven research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $41.08.

About Exelon

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.