Exelon Co. (NASDAQ:EXC) Stock Position Raised by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its holdings in shares of Exelon Co. (NASDAQ:EXC) by 7.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,246,500 shares of the company’s stock after buying an additional 237,950 shares during the period. Dimensional Fund Advisors LP owned 0.32% of Exelon worth $112,364,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Black Diamond Financial LLC grew its position in shares of Exelon by 2.0% during the 2nd quarter. Black Diamond Financial LLC now owns 14,067 shares of the company’s stock valued at $487,000 after buying an additional 279 shares during the last quarter. Aptus Capital Advisors LLC boosted its stake in Exelon by 3.3% during 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 during the period. Ferguson Wellman Capital Management Inc. boosted its stake in Exelon by 2.2% during the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 14,727 shares of the company’s stock valued at $553,000 after purchasing an additional 310 shares during the period. Johnson Investment Counsel Inc. boosted its stake in Exelon by 3.4% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 9,381 shares of the company’s stock valued at $325,000 after purchasing an additional 312 shares during the period. Finally, First Horizon Advisors Inc. boosted its stake in Exelon by 8.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 4,096 shares of the company’s stock valued at $142,000 after purchasing an additional 334 shares during the period. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Up 0.3 %

NASDAQ EXC opened at $40.40 on Tuesday. 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 company’s 50 day simple moving average is $37.93 and its 200 day simple moving average is $37.08. Exelon Co. has a 12 month low of $33.35 and a 12 month high of $41.48. The company has a market capitalization of $40.40 billion, a P/E ratio of 17.41, a PEG ratio of 2.93 and a beta of 0.53.

Exelon (NASDAQ:EXC) last released its earnings results on Thursday, August 1st. The company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.07. Exelon had a net margin of 10.65% and a return on equity of 9.40%. The business had revenue of $5.36 billion for the quarter, compared to the consensus estimate of $4.98 billion. During the same period in the previous year, the firm earned $0.41 EPS. Equities research analysts expect that Exelon Co. will post 2.44 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Monday, August 12th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date was Monday, August 12th. Exelon’s dividend payout ratio is 65.52%.

Wall Street Analysts Forecast Growth

EXC has been the subject of a number of analyst reports. Morgan Stanley boosted their target price on shares of Exelon from $39.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, August 23rd. Wells Fargo & Company boosted their target price on shares of Exelon from $40.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, August 2nd. UBS Group boosted their target price on shares of Exelon from $40.00 to $43.00 and gave the company a “neutral” rating in a research note on Friday. Barclays upped their price target on shares of Exelon from $39.00 to $41.00 and gave the stock an “overweight” rating in a research note on Monday, July 22nd. Finally, Scotiabank upped their price target on shares of Exelon from $37.00 to $40.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 20th. Eleven analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $40.83.

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.