Czech National Bank Has $10.64 Million Position in Exelon Co. (NASDAQ:EXC)

Czech National Bank increased its holdings in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 6.0% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 230,882 shares of the company's stock after purchasing an additional 13,014 shares during the quarter. Czech National Bank's holdings in Exelon were worth $10,639,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EXC. Vanguard Group Inc. boosted its holdings in Exelon by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 127,335,351 shares of the company's stock worth $4,792,903,000 after acquiring an additional 3,064,673 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of 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 valued at $1,039,545,000 after buying an additional 7,483,873 shares during the last quarter. Geode Capital Management LLC lifted its stake in Exelon by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 26,314,296 shares of the company's stock worth $988,080,000 after purchasing an additional 368,505 shares during the last quarter. Lazard Asset Management LLC lifted its stake in Exelon by 2.7% during the fourth quarter. Lazard Asset Management LLC now owns 24,662,037 shares of the company's stock worth $928,277,000 after purchasing an additional 653,627 shares during the last quarter. Finally, FMR LLC lifted its stake in Exelon by 46.9% during the fourth quarter. FMR LLC now owns 17,306,652 shares of the company's stock worth $651,422,000 after purchasing an additional 5,524,103 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company's stock.

Exelon Price Performance

NASDAQ:EXC traded up $0.11 during mid-day trading on Thursday, reaching $42.86. 5,801,780 shares of the stock were exchanged, compared to its average volume of 7,367,083. The business has a fifty day moving average price of $45.10 and a 200 day moving average price of $42.04. The firm has a market capitalization of $43.27 billion, a PE ratio of 17.49, a PEG ratio of 2.86 and a beta of 0.40. Exelon Co. has a 1-year low of $34.01 and a 1-year high of $48.11. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 1.61.

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. The firm had revenue of $6.71 billion for the quarter, compared to analyst estimates 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 period in the previous year, the company earned $0.68 earnings per share. Research analysts expect that Exelon Co. will post 2.64 earnings per share for the current fiscal year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Monday, May 12th will be given 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 3.73%. Exelon's dividend payout ratio (DPR) is 59.48%.

Analysts Set New Price Targets

Several brokerages have weighed in on EXC. Barclays increased their target price on Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 25th. Morgan Stanley dropped their target price on Exelon from $49.00 to $48.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 22nd. UBS Group increased their target price on Exelon from $46.00 to $48.00 and gave the stock a "neutral" rating in a research report on Monday. Guggenheim increased their target price on Exelon from $47.00 to $50.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. Finally, Evercore ISI increased their target price on Exelon from $48.00 to $51.00 and gave the stock an "in-line" rating in a research report on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $47.40.

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.