Integrated Advisors Network LLC Buys 60,958 Shares of Exelon Co. (NASDAQ:EXC)

Integrated Advisors Network LLC lifted its holdings in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 384.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,807 shares of the company's stock after purchasing an additional 60,958 shares during the period. Integrated Advisors Network LLC's holdings in Exelon were worth $3,539,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Ameriflex Group Inc. acquired a new position in shares of Exelon during the 4th quarter valued at $25,000. Millstone Evans Group LLC acquired a new stake in shares of Exelon in the 4th quarter worth approximately $28,000. Capital Advisors Ltd. LLC increased its stake in Exelon by 119.6% in the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock valued at $35,000 after buying an additional 513 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of Exelon during the 4th quarter worth $36,000. Finally, Stonebridge Financial Group LLC bought a new stake in shares of Exelon during the 4th quarter worth $40,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EXC has been the subject of a number of recent research reports. UBS Group restated a "neutral" rating and issued a $48.00 price objective (up previously from $46.00) on shares of Exelon in a research note on Monday, June 2nd. Wells Fargo & Company increased their price objective on shares of Exelon from $46.00 to $50.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. Morgan Stanley dropped their price objective on shares of Exelon from $49.00 to $48.00 and set an "equal weight" rating for the company in a research note on Thursday, May 22nd. Evercore ISI increased their price objective on shares of Exelon from $48.00 to $51.00 and gave the company an "in-line" rating in a research note on Friday, May 2nd. Finally, BMO Capital Markets increased their target price on shares of Exelon from $46.00 to $50.00 and gave the stock an "outperform" rating in a research report on Monday, April 28th. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Exelon has a consensus rating of "Hold" and an average price target of $47.40.

Exelon Price Performance

Shares of NASDAQ EXC traded down $0.39 during trading on Friday, reaching $43.25. The company had a trading volume of 5,163,805 shares, compared to its average volume of 7,336,736. 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 stock has a market cap of $43.66 billion, a PE ratio of 17.65, a PEG ratio of 2.86 and a beta of 0.39. The business's 50 day moving average price is $44.78 and its 200-day moving average price is $42.22. Exelon Co. has a 52 week low of $34.01 and a 52 week high of $48.11.

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

Exelon Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, May 12th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date of this dividend was Monday, May 12th. Exelon's dividend payout ratio is currently 59.48%.

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.