Exelon Co. (NASDAQ:EXC) Holdings Raised by Nuveen Asset Management LLC

Nuveen Asset Management LLC lifted its position in Exelon Co. (NASDAQ:EXC - Free Report) by 7.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,015,710 shares of the company's stock after buying an additional 264,686 shares during the period. Nuveen Asset Management LLC owned about 0.40% of Exelon worth $151,151,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in Exelon by 109.0% during the third quarter. JPMorgan Chase & Co. now owns 5,884,282 shares of the company's stock worth $238,608,000 after acquiring an additional 3,068,309 shares during the last quarter. Brookstone Capital Management grew its stake in shares of Exelon by 1.6% in the fourth quarter. Brookstone Capital Management now owns 51,724 shares of the company's stock worth $1,947,000 after purchasing an additional 816 shares during the last quarter. Wedmont Private Capital lifted its holdings in Exelon by 22.4% in the fourth quarter. Wedmont Private Capital now owns 6,439 shares of the company's stock valued at $240,000 after buying an additional 1,180 shares during the period. AdvisorNet Financial Inc raised its holdings in shares of Exelon by 2.0% during the fourth quarter. AdvisorNet Financial Inc now owns 24,083 shares of the company's stock valued at $906,000 after purchasing an additional 471 shares during the period. Finally, Fifth Third Wealth Advisors LLC increased its position in shares of Exelon by 3.2% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 15,931 shares of the company's stock worth $600,000 after acquiring an additional 488 shares in the last quarter. Institutional investors own 80.92% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. BMO Capital Markets upped their price target on shares of Exelon from $46.00 to $50.00 and gave the company an "outperform" rating in a research note on Monday, April 28th. Wells Fargo & Company raised their price objective on shares of Exelon from $46.00 to $50.00 and gave the company an "equal weight" rating in a research report on Friday, May 2nd. UBS Group raised their price target on shares of Exelon from $45.00 to $47.00 and gave the stock a "neutral" rating in a report on Friday, March 21st. KeyCorp cut shares of Exelon from a "sector weight" rating to an "underweight" rating and set a $39.00 target price for the company. in a research report on Wednesday, May 14th. Finally, Scotiabank raised their target price on shares of Exelon from $42.00 to $44.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 13th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $47.30.

Exelon Trading Up 0.7%

NASDAQ:EXC traded up $0.30 on Monday, reaching $44.39. 6,429,427 shares of the company's stock were exchanged, compared to its average volume of 7,283,810. The business has a fifty day moving average of $45.23 and a 200-day moving average of $41.57. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61. Exelon Co. has a 52-week low of $34.01 and a 52-week high of $48.11. The firm has a market capitalization of $44.81 billion, a price-to-earnings ratio of 18.12, a price-to-earnings-growth ratio of 2.86 and a beta of 0.43.

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

Exelon Dividend Announcement

The firm also recently disclosed 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 3.60%. Exelon's dividend payout ratio is presently 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.