DC Investments Management LLC Acquires 19,934 Shares of Exelon Co. (NASDAQ:EXC)

DC Investments Management LLC increased its position in Exelon Co. (NASDAQ:EXC - Free Report) by 73.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 47,107 shares of the company's stock after purchasing an additional 19,934 shares during the period. Exelon accounts for about 1.2% of DC Investments Management LLC's holdings, making the stock its 27th biggest holding. DC Investments Management LLC's holdings in Exelon were worth $1,773,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Millstone Evans Group LLC purchased a new position in Exelon during the 4th quarter valued at about $28,000. Stephens Consulting LLC raised its position in shares of Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company's stock valued at $29,000 after purchasing an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. bought a new position in Exelon during the fourth quarter worth $30,000. Crews Bank & Trust acquired a new stake in Exelon in the fourth quarter worth $34,000. Finally, Capital Advisors Ltd. LLC raised its holdings in shares of Exelon by 119.6% during the fourth quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock valued at $35,000 after buying an additional 513 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on EXC. Guggenheim lifted their price target on Exelon from $47.00 to $50.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. Wells Fargo & Company raised their price target on shares of Exelon from $46.00 to $50.00 and gave the company an "equal weight" rating in a report on Friday, May 2nd. Barclays upped their price target on Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. Evercore ISI upped their target price on Exelon from $48.00 to $51.00 and gave the company an "in-line" rating in a research note on Friday, May 2nd. Finally, Morgan Stanley raised their target price on Exelon from $46.00 to $48.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 20th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Exelon currently has a consensus rating of "Hold" and a consensus target price of $48.22.

Exelon Stock Down 0.7%

Shares of NASDAQ:EXC traded down $0.32 during trading on Tuesday, hitting $43.29. 3,764,853 shares of the company were exchanged, compared to its average volume of 7,237,468. The stock has a market cap of $43.70 billion, a price-to-earnings ratio of 17.67, a P/E/G ratio of 2.86 and a beta of 0.43. The firm has a fifty day moving average price of $45.24 and a two-hundred day moving average price of $41.48. Exelon Co. has a fifty-two week low of $34.01 and a fifty-two week high of $48.11. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 1.61.

Exelon (NASDAQ:EXC - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.92 EPS for the quarter, topping analysts' consensus estimates of $0.86 by $0.06. Exelon had a return on equity of 9.52% and a net margin of 10.68%. The firm had revenue of $6.71 billion for the quarter, compared to analyst estimates of $6.30 billion. During the same quarter last year, the company earned $0.68 EPS. The company's revenue was up 11.1% on a year-over-year basis. As a group, research analysts anticipate that Exelon Co. will post 2.64 earnings per share for the current fiscal year.

Exelon Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, May 12th will be issued a dividend of $0.40 per share. The ex-dividend date is Monday, May 12th. This represents a $1.60 annualized dividend and a yield of 3.70%. Exelon's payout ratio is 59.48%.

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.