China Universal Asset Management Co. Ltd. Has $1.14 Million Stock Position in Exelon Corporation (NASDAQ:EXC)

China Universal Asset Management Co. Ltd. lifted its holdings in Exelon Corporation (NASDAQ:EXC - Free Report) by 51.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,828 shares of the company's stock after purchasing an additional 8,475 shares during the period. China Universal Asset Management Co. Ltd.'s holdings in Exelon were worth $1,144,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in EXC. Norges Bank acquired a new position in shares of Exelon in the 4th quarter worth approximately $479,597,000. Price T Rowe Associates Inc. MD lifted its holdings in Exelon by 37.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 27,618,055 shares of the company's stock worth $1,039,545,000 after buying an additional 7,483,873 shares in the last quarter. FMR LLC lifted its holdings in Exelon by 46.9% during the 4th quarter. FMR LLC now owns 17,306,652 shares of the company's stock worth $651,422,000 after buying an additional 5,524,103 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Exelon by 43.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,846,030 shares of the company's stock worth $483,525,000 after buying an additional 3,878,687 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Exelon by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 127,335,351 shares of the company's stock worth $4,792,903,000 after buying an additional 3,064,673 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Exelon Stock Up 0.3%

EXC stock traded up $0.14 during trading hours on Wednesday, reaching $43.14. 4,521,881 shares of the stock were exchanged, compared to its average volume of 7,106,360. The firm's 50-day moving average is $43.65 and its 200-day moving average is $42.85. The company has a market cap of $43.55 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 2.48 and a beta of 0.39. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.98. Exelon Corporation has a 12 month low of $34.34 and a 12 month high of $48.11.

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, topping analysts' consensus estimates of $0.86 by $0.06. Exelon had a return on equity of 10.29% and a net margin of 11.44%. The firm had revenue of $6.71 billion during the quarter, compared to analysts' expectations of $6.30 billion. During the same quarter in the prior year, the company earned $0.68 EPS. The company's revenue was up 11.1% on a year-over-year basis. On average, equities research analysts expect that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, May 12th were paid a dividend of $0.40 per share. The ex-dividend date was Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.71%. Exelon's dividend payout ratio is 59.48%.

Wall Street Analysts Forecast Growth

EXC has been the subject of several recent research reports. Guggenheim upped their target price on shares of Exelon from $47.00 to $50.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. BMO Capital Markets upped their target price on shares of Exelon from $46.00 to $50.00 and gave the company an "outperform" rating in a research report on Monday, April 28th. Wells Fargo & Company upped their target price 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. Morgan Stanley dropped their target price on shares of Exelon from $49.00 to $48.00 and set an "equal weight" rating for the company in a research report on Thursday, May 22nd. Finally, KeyCorp cut shares of Exelon from a "sector weight" rating to an "underweight" rating and set a $39.00 price objective for the company. in a research report on Wednesday, May 14th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $47.40.

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.