Johnson Financial Group Inc. Purchases 9,066 Shares of Exelon Co. (NASDAQ:EXC)

Johnson Financial Group Inc. grew its holdings in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 8.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 121,648 shares of the company's stock after purchasing an additional 9,066 shares during the period. Johnson Financial Group Inc.'s holdings in Exelon were worth $4,866,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Millstone Evans Group LLC bought a new position in shares of Exelon during the 4th quarter valued at about $28,000. Stephens Consulting LLC boosted its position in shares of Exelon by 78.1% during 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 shares of Exelon during the 4th quarter valued at about $30,000. Crews Bank & Trust bought a new position in shares of Exelon during the 4th quarter valued at about $34,000. Finally, Capital Advisors Ltd. LLC boosted its position in shares of Exelon by 119.6% during the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock valued at $35,000 after purchasing an additional 513 shares in the last quarter. Institutional investors own 80.92% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on EXC. Morgan Stanley raised their price objective on shares of 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 reiterated an "in-line" rating and issued a $48.00 target price (up from $46.00) on shares of Exelon in a report on Tuesday, April 15th. UBS Group raised their target price on shares of Exelon from $45.00 to $47.00 and gave the stock a "neutral" rating in a report on Friday, March 21st. Guggenheim set a $47.00 target price on shares of Exelon and gave the stock a "buy" rating in a report on Tuesday, April 22nd. Finally, Barclays raised their target price on shares of Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $46.67.

Exelon Stock Down 0.1 %

Shares of NASDAQ EXC traded down $0.05 during mid-day trading on Thursday, reaching $46.85. The company had a trading volume of 2,321,075 shares, compared to its average volume of 8,202,391. The stock has a fifty day moving average of $44.95 and a two-hundred day moving average of $41.18. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87. The company has a market capitalization of $47.30 billion, a price-to-earnings ratio of 19.13, a PEG 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.

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

Exelon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Monday, May 12th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.41%. The ex-dividend date is Monday, May 12th. Exelon's payout ratio is presently 65.31%.

Insider Activity at Exelon

In related news, EVP Colette D. Honorable sold 1,463 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were 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 of the company's stock, valued at approximately $92,134.47. This trade represents a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.10% of the company's stock.

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.