Exelon Co. (NASDAQ:EXC) Given Average Rating of “Hold” by Brokerages

Shares of Exelon Co. (NASDAQ:EXC) have been assigned a consensus rating of “Hold” from the fourteen analysts that are covering the firm, Marketbeat.com reports. Ten equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $41.33.

EXC has been the subject of a number of research analyst reports. Barclays upped their price target on shares of Exelon from $41.00 to $44.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Wells Fargo & Company boosted their price objective on shares of Exelon from $40.00 to $42.00 and gave the company an “equal weight” rating in a research report on Friday, August 2nd. Morgan Stanley increased their price objective on Exelon from $42.00 to $45.00 and gave the stock an “equal weight” rating in a report on Wednesday, September 25th. Scotiabank increased their price objective on Exelon from $37.00 to $40.00 and gave the company a “sector perform” rating in a report on Tuesday, August 20th. Finally, Jefferies Financial Group assumed 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.

Exelon Trading Down 1.1 %

NASDAQ EXC opened at $40.50 on Tuesday. Exelon has a one year low of $33.35 and a one year high of $41.48. The company’s 50 day moving average price is $39.24 and its 200 day moving average price is $37.54. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.93 and a current ratio of 1.03. The firm has a market capitalization of $40.50 billion, a price-to-earnings ratio of 17.46, a PEG ratio of 2.89 and a beta of 0.53.

Exelon (NASDAQ:EXC) last released 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 net margin of 10.65% and a return on equity of 9.40%. The firm had revenue of $5.36 billion during the quarter, compared to analyst estimates of $4.98 billion. During the same quarter in the previous year, the firm earned $0.41 earnings per share. On average, sell-side analysts predict that Exelon will post 2.45 EPS for the current year.

Exelon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Monday, August 12th were given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date was Monday, August 12th. Exelon’s dividend payout ratio is presently 65.52%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Register Financial Advisors LLC acquired a new stake in shares of Exelon during the 1st quarter worth about $26,000. Crewe Advisors LLC bought a new stake in Exelon in the 1st quarter valued at $26,000. Versant Capital Management Inc increased its position in Exelon by 646.2% during the second quarter. Versant Capital Management Inc now owns 776 shares of the company’s stock worth $27,000 after acquiring an additional 672 shares during the period. J.Safra Asset Management Corp bought a new stake in shares of Exelon in the second quarter valued at approximately $28,000. Finally, American National Bank & Trust grew its holdings in shares of Exelon by 178.8% during the 3rd quarter. American National Bank & Trust now owns 697 shares of the company’s stock worth $28,000 after purchasing an additional 447 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Exelon Company 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.