Dynamic Technology Lab Private Ltd Has $240,000 Position in Exelon Co. (NASDAQ:EXC)

Dynamic Technology Lab Private Ltd lessened its position in Exelon Co. (NASDAQ:EXC) by 93.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,934 shares of the company’s stock after selling 79,005 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Exelon were worth $240,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Daiwa Securities Group Inc. grew its stake in Exelon by 8.9% during the third quarter. Daiwa Securities Group Inc. now owns 206,019 shares of the company’s stock worth $8,354,000 after buying an additional 16,814 shares during the last quarter. Larson Financial Group LLC boosted its holdings in shares of Exelon by 320.1% in the 3rd quarter. Larson Financial Group LLC now owns 3,676 shares of the company’s stock worth $149,000 after acquiring an additional 2,801 shares in the last quarter. Baltimore Washington Financial Advisors Inc. bought a new stake in Exelon during the 3rd quarter worth approximately $225,000. StoneX Group Inc. increased its holdings in Exelon by 1.5% during the 3rd quarter. StoneX Group Inc. now owns 32,140 shares of the company’s stock valued at $1,303,000 after purchasing an additional 466 shares in the last quarter. Finally, Pitcairn Co. bought a new position in Exelon in the 3rd quarter valued at $229,000. Institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

Shares of EXC opened at $39.56 on Monday. The stock has a market cap of $39.75 billion, a P/E ratio of 16.28, a price-to-earnings-growth ratio of 2.82 and a beta of 0.54. Exelon Co. has a 1 year low of $33.35 and a 1 year high of $41.42. The stock’s 50-day moving average price is $39.59 and its two-hundred day moving average price is $37.88. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.66.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.04. Exelon had a net margin of 10.60% and a return on equity of 9.47%. The business had revenue of $6.15 billion for the quarter, compared to analyst estimates of $5.85 billion. During the same quarter last year, the firm earned $0.67 EPS. Exelon’s quarterly revenue was up 2.9% compared to the same quarter last year. On average, equities analysts predict that Exelon Co. will post 2.45 earnings per share for the current year.

Exelon Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Monday, November 11th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 3.84%. The ex-dividend date of this dividend is Friday, November 8th. Exelon’s payout ratio is presently 62.55%.

Wall Street Analyst Weigh In

EXC has been the subject of a number of research reports. Barclays raised their target price on Exelon from $41.00 to $44.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th. UBS Group boosted their target price on shares of Exelon from $40.00 to $43.00 and gave the stock a “neutral” rating in a research note on Friday, September 20th. Jefferies Financial Group began coverage on shares of Exelon in a research note on Thursday, September 19th. They set a “buy” rating and a $46.00 price target on the stock. Scotiabank boosted their price objective on shares of Exelon from $37.00 to $40.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 20th. Finally, Morgan Stanley decreased their price objective on Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Eleven analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $41.25.

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.