Quantinno Capital Management LP Has $4.17 Million Holdings in Exelon Co. (NASDAQ:EXC)

Quantinno Capital Management LP grew its holdings in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 46.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 110,774 shares of the company's stock after buying an additional 35,015 shares during the period. Quantinno Capital Management LP's holdings in Exelon were worth $4,170,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Norges Bank acquired a new position in shares of Exelon during the fourth quarter valued at approximately $479,597,000. Price T Rowe Associates Inc. MD increased its stake in shares of Exelon by 37.2% during the fourth 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 acquiring an additional 7,483,873 shares during the period. FMR LLC increased its stake in shares of Exelon by 46.9% during the fourth quarter. FMR LLC now owns 17,306,652 shares of the company's stock valued at $651,422,000 after acquiring an additional 5,524,103 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Exelon by 109.0% during the third quarter. JPMorgan Chase & Co. now owns 5,884,282 shares of the company's stock valued at $238,608,000 after acquiring an additional 3,068,309 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Exelon by 2.5% during the fourth quarter. Vanguard Group Inc. now owns 127,335,351 shares of the company's stock valued at $4,792,903,000 after acquiring an additional 3,064,673 shares during the period. Institutional investors own 80.92% of the company's stock.

Exelon Stock Down 0.2%

Shares of NASDAQ:EXC traded down $0.07 during trading on Wednesday, reaching $44.19. 6,893,450 shares of the company traded hands, compared to its average volume of 7,286,397. The firm has a fifty day simple moving average of $45.28 and a 200 day simple moving average of $41.65. The firm has a market cap of $44.61 billion, a P/E ratio of 18.04, a price-to-earnings-growth ratio of 2.86 and a beta of 0.43. Exelon Co. has a 1-year low of $34.01 and a 1-year high of $48.11. 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 (NASDAQ:EXC - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.86 by $0.06. The company 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 company's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the business posted $0.68 EPS. Analysts anticipate that Exelon Co. will post 2.64 earnings per share for the current fiscal 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 paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.62%. The ex-dividend date is Monday, May 12th. Exelon's payout ratio is presently 59.48%.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. KeyCorp lowered shares of Exelon from a "sector weight" rating to an "underweight" rating and set a $39.00 price target on the stock. in a research report on Wednesday, May 14th. Scotiabank lifted their price target 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. Wells Fargo & Company lifted their price target on shares of Exelon from $46.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Friday, May 2nd. Guggenheim lifted their price target on shares of Exelon from $47.00 to $50.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. Finally, Morgan Stanley lifted their price target on shares of Exelon from $46.00 to $48.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 20th. One equities research 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. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $47.30.

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.