Exelon Co. (NASDAQ:EXC) Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC raised its position in shares of Exelon Co. (NASDAQ:EXC) by 4,103.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,046,630 shares of the company’s stock after buying an additional 1,021,731 shares during the period. International Assets Investment Management LLC owned about 0.10% of Exelon worth $42,441,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Foundations Investment Advisors LLC increased its stake in shares of Exelon by 3.5% during the third quarter. Foundations Investment Advisors LLC now owns 7,533 shares of the company’s stock worth $305,000 after buying an additional 255 shares during the period. Black Diamond Financial LLC increased its position in shares of Exelon by 2.0% in the 2nd quarter. Black Diamond Financial LLC now owns 14,067 shares of the company’s stock valued at $487,000 after purchasing an additional 279 shares during the last quarter. Aptus Capital Advisors LLC raised its holdings in shares of Exelon by 3.3% in the 2nd quarter. Aptus Capital Advisors LLC now owns 9,412 shares of the company’s stock valued at $326,000 after purchasing an additional 304 shares in the last quarter. Ledyard National Bank lifted its position in shares of Exelon by 5.1% during the 3rd quarter. Ledyard National Bank now owns 6,348 shares of the company’s stock worth $257,000 after purchasing an additional 308 shares during the last quarter. Finally, Johnson Investment Counsel Inc. grew its stake in shares of Exelon by 3.4% during the second quarter. Johnson Investment Counsel Inc. now owns 9,381 shares of the company’s stock worth $325,000 after purchasing an additional 312 shares in the last quarter. 80.92% of the stock is owned by institutional investors and hedge funds.

Exelon Stock Down 1.6 %

Exelon stock opened at $40.07 on Monday. The company has a current ratio of 1.03, a quick ratio of 0.93 and a debt-to-equity ratio of 1.66. The stock has a 50 day moving average of $39.49 and a two-hundred day moving average of $37.63. Exelon Co. has a twelve month low of $33.35 and a twelve month high of $41.48. The stock has a market capitalization of $40.07 billion, a price-to-earnings ratio of 17.27, a PEG ratio of 2.93 and a beta of 0.53.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.07. The company had revenue of $5.36 billion during the quarter, compared to the consensus estimate of $4.98 billion. Exelon had a net margin of 10.65% and a return on equity of 9.40%. During the same quarter in the prior year, the firm earned $0.41 EPS. As a group, research analysts expect that Exelon Co. will post 2.45 earnings per share for the current year.

Exelon Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Monday, August 12th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 3.79%. The ex-dividend date of this dividend was Monday, August 12th. Exelon’s payout ratio is 65.52%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on EXC shares. Wells Fargo & Company raised their price target on Exelon from $40.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, August 2nd. Scotiabank raised their target price on Exelon from $37.00 to $40.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 20th. Barclays upped their price target on Exelon from $41.00 to $44.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Morgan Stanley raised their price objective on shares of Exelon from $42.00 to $45.00 and gave the stock an “equal weight” rating in a report on Wednesday, September 25th. Finally, UBS Group boosted their price objective on shares of Exelon from $40.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, September 20th. Eleven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $41.33.

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.