San Luis Wealth Advisors LLC Invests $744,000 in Exelon Co. (NASDAQ:EXC)

San Luis Wealth Advisors LLC acquired a new position in Exelon Co. (NASDAQ:EXC - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 16,141 shares of the company's stock, valued at approximately $744,000.

Other institutional investors have also recently modified their holdings of the company. Ameriflex Group Inc. purchased a new position in Exelon during the fourth quarter valued at approximately $25,000. Millstone Evans Group LLC purchased a new position in Exelon during the fourth quarter valued at approximately $28,000. Capital Advisors Ltd. LLC raised its position in Exelon by 119.6% during the fourth quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock valued at $35,000 after acquiring an additional 513 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in Exelon during the fourth quarter valued at approximately $36,000. Finally, CoreFirst Bank & Trust purchased a new position in Exelon during the fourth quarter valued at approximately $40,000. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Stock Performance

NASDAQ EXC opened at $42.68 on Tuesday. The stock's fifty day moving average is $44.74 and its two-hundred day moving average is $42.26. The firm has a market capitalization of $43.09 billion, a P/E ratio of 17.42, a price-to-earnings-growth ratio of 2.86 and a beta of 0.39. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87. Exelon Co. has a fifty-two week low of $34.01 and a fifty-two week 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, topping analysts' consensus estimates of $0.86 by $0.06. The company 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%. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 earnings per share. On average, research analysts anticipate that Exelon Co. will post 2.64 earnings per share for the current year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Monday, May 12th were issued a $0.40 dividend. The ex-dividend date was Monday, May 12th. This represents a $1.60 annualized dividend and a dividend yield of 3.75%. Exelon's dividend payout ratio is presently 59.48%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Barclays lifted their price target on Exelon from $42.00 to $48.00 and gave the company an "overweight" rating in a research report on Tuesday, February 25th. KeyCorp cut 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. UBS Group restated a "neutral" rating and issued a $48.00 price objective (up from $46.00) on shares of Exelon in a research report on Monday, June 2nd. Evercore ISI boosted their price objective on Exelon from $48.00 to $51.00 and gave the company an "in-line" rating in a research report on Friday, May 2nd. Finally, Wells Fargo & Company boosted their price objective on Exelon from $46.00 to $50.00 and gave the company an "equal weight" rating in a research report on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price 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.

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