Mn Services Vermogensbeheer B.V. Has $16.99 Million Stock Holdings in Exelon Corporation (NASDAQ:EXC)

Mn Services Vermogensbeheer B.V. lessened its holdings in Exelon Corporation (NASDAQ:EXC - Free Report) by 5.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 368,600 shares of the company's stock after selling 19,500 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Exelon were worth $16,985,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in EXC. Ameriflex Group Inc. purchased a new stake in shares of Exelon in the fourth quarter worth about $25,000. Millstone Evans Group LLC purchased a new stake in Exelon during the 4th quarter worth $28,000. Capital Advisors Ltd. LLC lifted its holdings in Exelon by 119.6% in 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 in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Exelon during the fourth quarter worth about $36,000. Finally, CoreFirst Bank & Trust purchased a new position in Exelon in the fourth quarter valued at about $40,000. Hedge funds and other institutional investors own 80.92% of the company's stock.

Analyst Upgrades and Downgrades

EXC has been the topic of several recent analyst reports. Evercore ISI upped their price target on shares of Exelon from $48.00 to $51.00 and gave the company an "in-line" rating in a report on Friday, May 2nd. UBS Group reiterated a "neutral" rating and issued a $48.00 price target (up from $46.00) on shares of Exelon in a report on Monday, June 2nd. KeyCorp cut shares of Exelon from a "sector weight" rating to an "underweight" rating and set a $39.00 target price on the stock. in a report on Wednesday, May 14th. Guggenheim increased their price target on Exelon from $47.00 to $50.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. Finally, Barclays boosted their price target on shares of Exelon from $42.00 to $48.00 and gave the company an "overweight" rating in a report on Tuesday, February 25th. One 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $47.40.

Exelon Stock Down 0.7%

NASDAQ:EXC traded down $0.29 during trading hours on Tuesday, hitting $42.39. 3,676,731 shares of the company's stock traded hands, compared to its average volume of 7,300,237. The stock's fifty day moving average price is $44.74 and its two-hundred day moving average price is $42.26. The firm has a market cap of $42.79 billion, a P/E ratio of 15.58, a P/E/G ratio of 2.46 and a beta of 0.39. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.98 and a current ratio of 1.09. Exelon Corporation has a twelve month low of $34.01 and a twelve month high of $48.11.

Exelon (NASDAQ:EXC - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate 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 net margin of 11.44% and a return on equity of 10.29%. The company's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.68 EPS. On average, research analysts expect that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, May 12th were given a $0.40 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $1.60 annualized dividend and a yield of 3.77%. Exelon's dividend 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.