Free Trial

Exelon Co. (NASDAQ:EXC) Shares Bought by Dimensional Fund Advisors LP

Exelon logo with Utilities background

Dimensional Fund Advisors LP increased its position in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,343,943 shares of the company's stock after purchasing an additional 34,219 shares during the period. Dimensional Fund Advisors LP owned 0.33% of Exelon worth $125,866,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Rosenberg Matthew Hamilton grew its position in shares of Exelon by 12.6% in the 4th quarter. Rosenberg Matthew Hamilton now owns 2,457 shares of the company's stock valued at $92,000 after buying an additional 275 shares during the last quarter. Wesbanco Bank Inc. boosted its position in shares of Exelon by 3.1% in the 4th 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 grew its stake in Exelon by 2.4% during the 4th quarter. PFG Investments LLC now owns 13,151 shares of the company's stock worth $495,000 after buying an additional 305 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in Exelon by 1.7% during the fourth 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. lifted its stake in Exelon by 3.0% in the fourth quarter. Blue Trust Inc. now owns 11,085 shares of the company's stock valued at $450,000 after buying an additional 322 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. UBS Group increased their price target on shares of Exelon from $45.00 to $47.00 and gave the stock a "neutral" rating in a research note on Friday, March 21st. Morgan Stanley boosted their price target on Exelon from $46.00 to $48.00 and gave the company an "equal weight" rating in a research report on Thursday, March 20th. Evercore ISI reaffirmed an "in-line" rating and set a $48.00 price objective (up from $46.00) on shares of Exelon in a research report on Tuesday, April 15th. Guggenheim set a $47.00 target price on Exelon and gave the company a "buy" rating in a report on Tuesday, April 22nd. Finally, Barclays lifted their price objective on shares of Exelon from $42.00 to $48.00 and gave the company an "overweight" rating in a research report on Tuesday, February 25th. Five equities 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, the stock has a consensus rating of "Hold" and an average price target of $46.67.

Get Our Latest Report on Exelon

Insider Activity

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the business's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $40.57, for a total transaction of $59,353.91. Following the transaction, the executive vice president now owns 2,271 shares in the company, valued at $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.10% of the company's stock.

Exelon Trading Down 0.6 %

NASDAQ:EXC traded down $0.29 on Thursday, reaching $46.61. The stock had a trading volume of 3,264,481 shares, compared to its average volume of 7,267,103. The company has a market cap of $47.05 billion, a price-to-earnings ratio of 19.05, a P/E/G ratio of 2.86 and a beta of 0.39. Exelon Co. has a 12-month low of $34.01 and a 12-month high of $48.11. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. The firm's fifty day moving average is $44.95 and its two-hundred day moving average is $41.18.

Exelon (NASDAQ:EXC - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.86 by $0.06. The firm had revenue of $6.71 billion during the quarter, compared to the consensus estimate of $6.30 billion. Exelon had a net margin of 10.68% and a return on equity of 9.52%. Exelon's revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.68 earnings per share. Equities analysts expect that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Monday, May 12th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.43%. Exelon's dividend payout ratio (DPR) is 65.31%.

Exelon Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

Should You Invest $1,000 in Exelon Right Now?

Before you consider Exelon, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exelon wasn't on the list.

While Exelon currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in May 2025
3 Stocks Offering Rare Generational Buying Opportunities
Make Your Money Work Harder: The Power of Dividend Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines