Canada Post Corp Registered Pension Plan Makes New Investment in Exelon Co. (NASDAQ:EXC)

Canada Post Corp Registered Pension Plan purchased a new stake in Exelon Co. (NASDAQ:EXC - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 15,059 shares of the company's stock, valued at approximately $567,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rosenberg Matthew Hamilton increased its position in shares of Exelon by 12.6% during the fourth quarter. Rosenberg Matthew Hamilton now owns 2,457 shares of the company's stock valued at $92,000 after acquiring an additional 275 shares during the last quarter. Wesbanco Bank Inc. raised its position in shares of Exelon by 3.1% in the fourth quarter. Wesbanco Bank Inc. now owns 9,951 shares of the company's stock valued at $375,000 after purchasing an additional 296 shares during the period. PFG Investments LLC lifted its stake in shares of Exelon by 2.4% during the 4th quarter. PFG Investments LLC now owns 13,151 shares of the company's stock valued at $495,000 after buying an additional 305 shares in the last quarter. Stratos Wealth Partners LTD. boosted its holdings in Exelon by 1.7% in the 4th quarter. Stratos Wealth Partners LTD. now owns 18,505 shares of the company's stock worth $697,000 after buying an additional 311 shares during the period. Finally, Blue Trust Inc. grew its stake in Exelon by 3.0% in the 4th quarter. Blue Trust Inc. now owns 11,085 shares of the company's stock valued at $450,000 after buying an additional 322 shares in the last quarter. Institutional investors own 80.92% of the company's stock.

Insider Buying and Selling at Exelon

In other news, EVP Colette D. Honorable sold 1,463 shares of the firm's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $40.57, for a total value of $59,353.91. Following the completion of the sale, the executive vice president now directly owns 2,271 shares of the company's stock, valued at approximately $92,134.47. This trade represents a 39.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on EXC shares. UBS Group boosted their price objective on Exelon from $45.00 to $47.00 and gave the company a "neutral" rating in a research note on Friday, March 21st. Guggenheim raised shares of Exelon from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Scotiabank boosted their price target on shares of Exelon from $42.00 to $44.00 and gave the company a "sector perform" rating in a research report on Thursday, February 13th. Morgan Stanley increased their price objective on Exelon from $46.00 to $48.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 20th. Finally, Evercore ISI restated an "in-line" rating and set a $48.00 target price (up from $46.00) on shares of Exelon in a research report on Tuesday, April 15th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $45.63.

Exelon Price Performance

NASDAQ:EXC traded down $0.67 during mid-day trading on Monday, reaching $46.59. The stock had a trading volume of 753,711 shares, compared to its average volume of 7,207,359. The stock has a market capitalization of $47.03 billion, a P/E ratio of 19.02, a P/E/G ratio of 2.86 and a beta of 0.39. Exelon Co. has a one year low of $34.01 and a one year high of $48.11. The firm has a 50 day moving average price of $44.35 and a two-hundred day moving average price of $40.81. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87.

Exelon (NASDAQ:EXC - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.05. Exelon had a return on equity of 9.52% and a net margin of 10.68%. During the same period last year, the firm posted $0.60 earnings per share. As a group, analysts expect that Exelon Co. will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were issued a dividend of $0.40 per share. This is a positive change from Exelon's previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date of this dividend was Monday, February 24th. Exelon's dividend payout ratio is currently 65.31%.

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.