Two Sigma Investments LP Has $14.50 Million Stake in Exelon Co. (NASDAQ:EXC)

Two Sigma Investments LP boosted its holdings in Exelon Co. (NASDAQ:EXC - Free Report) by 463.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 385,270 shares of the company's stock after purchasing an additional 316,857 shares during the period. Two Sigma Investments LP's holdings in Exelon were worth $14,502,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Texas Bank & Trust Co bought a new position in Exelon during the 4th quarter worth approximately $629,000. Tidal Investments LLC lifted its holdings in Exelon by 17.9% during the 4th quarter. Tidal Investments LLC now owns 52,422 shares of the company's stock worth $1,973,000 after buying an additional 7,964 shares during the last quarter. State of Wyoming bought a new position in Exelon during the 4th quarter worth approximately $229,000. SIR Capital Management L.P. lifted its holdings in Exelon by 52.2% during the 4th quarter. SIR Capital Management L.P. now owns 435,014 shares of the company's stock worth $16,374,000 after buying an additional 149,200 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in Exelon by 125.6% during the 4th quarter. Royal Bank of Canada now owns 3,838,729 shares of the company's stock worth $144,489,000 after buying an additional 2,137,439 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company's stock.

Exelon Trading Down 1.3%

NASDAQ EXC traded down $0.57 on Wednesday, hitting $43.34. 813,879 shares of the company were exchanged, compared to its average volume of 7,294,846. The firm has a market capitalization of $43.75 billion, a P/E ratio of 17.70, a price-to-earnings-growth ratio of 2.86 and a beta of 0.43. The company's 50 day moving average price is $45.22 and its 200-day moving average price is $41.83. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. Exelon Co. has a twelve month low of $34.01 and a twelve month high of $48.11.

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

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, May 12th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.69%. The ex-dividend date of this dividend is Monday, May 12th. Exelon's payout ratio is currently 59.48%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. UBS Group lifted their target price on Exelon from $45.00 to $47.00 and gave the company a "neutral" rating in a research note on Friday, March 21st. Guggenheim lifted their target price on Exelon from $47.00 to $50.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. Barclays lifted their target price on Exelon from $42.00 to $48.00 and gave the company an "overweight" rating in a research note on Tuesday, February 25th. Evercore ISI lifted their target price on Exelon from $48.00 to $51.00 and gave the company an "in-line" rating in a research note on Friday, May 2nd. Finally, Morgan Stanley cut their target price on Exelon from $49.00 to $48.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 22nd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $47.30.

About Exelon

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.