73,660 Shares in Exelon Co. (NASDAQ:EXC) Acquired by Tounjian Advisory Partners LLC

Tounjian Advisory Partners LLC bought a new stake in Exelon Co. (NASDAQ:EXC - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 73,660 shares of the company's stock, valued at approximately $3,394,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameriflex Group Inc. acquired a new position in shares of Exelon during the 4th quarter worth about $25,000. Millstone Evans Group LLC acquired a new stake in Exelon during the fourth quarter worth approximately $28,000. Capital Advisors Ltd. LLC lifted 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 worth $35,000 after buying an additional 513 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Exelon during the 4th quarter worth approximately $36,000. Finally, Stonebridge Financial Group LLC acquired a new position in shares of Exelon in the 4th quarter valued at $40,000. Hedge funds and other institutional investors own 80.92% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on EXC shares. BMO Capital Markets lifted their price target on Exelon from $46.00 to $50.00 and gave the stock an "outperform" rating in a research report on Monday, April 28th. Barclays increased their price target on shares of Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. Wells Fargo & Company raised their target price on Exelon from $46.00 to $50.00 and gave the company an "equal weight" rating in a report on Friday, May 2nd. UBS Group reissued a "neutral" rating and set a $48.00 price target (up previously from $46.00) on shares of Exelon in a research note on Monday, June 2nd. Finally, Morgan Stanley lowered their price target on Exelon from $49.00 to $48.00 and set an "equal weight" rating on the stock in a report on Thursday, May 22nd. One analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. According to MarketBeat, Exelon currently has a consensus rating of "Hold" and a consensus target price of $47.40.

Exelon Trading Down 0.6%

Shares of EXC opened at $42.62 on Monday. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. Exelon Co. has a 1-year low of $34.01 and a 1-year high of $48.11. The stock has a market cap of $43.03 billion, a price-to-earnings ratio of 17.40, a price-to-earnings-growth ratio of 2.86 and a beta of 0.39. The firm has a 50 day simple moving average of $45.04 and a 200-day simple moving average of $42.11.

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

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Monday, May 12th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.75%. The ex-dividend date of this dividend is Monday, May 12th. Exelon's payout ratio is 59.48%.

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.

Want to see what other hedge funds are holding EXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exelon Co. (NASDAQ:EXC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.