Universal Beteiligungs und Servicegesellschaft mbH Invests $33.59 Million in Exelon Co. (NASDAQ:EXC)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Exelon Co. (NASDAQ:EXC - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 892,295 shares of the company's stock, valued at approximately $33,586,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.09% of Exelon at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Robeco Institutional Asset Management B.V. grew its holdings in shares of Exelon by 20.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,624,805 shares of the company's stock worth $61,158,000 after purchasing an additional 279,827 shares during the period. Greenup Street Wealth Management LLC purchased a new stake in shares of Exelon during the 4th quarter worth about $2,274,000. Principal Securities Inc. grew its holdings in shares of Exelon by 10.6% during the 4th quarter. Principal Securities Inc. now owns 22,612 shares of the company's stock worth $851,000 after purchasing an additional 2,160 shares during the period. Busey Bank grew its holdings in shares of Exelon by 4.0% during the 4th quarter. Busey Bank now owns 326,105 shares of the company's stock worth $12,275,000 after purchasing an additional 12,530 shares during the period. Finally, Custom Index Systems LLC purchased a new stake in shares of Exelon during the 4th quarter worth about $237,000. Hedge funds and other institutional investors own 80.92% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on EXC. Evercore ISI boosted their price target on Exelon from $48.00 to $51.00 and gave the stock an "in-line" rating in a research report on Friday, May 2nd. 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 report on Thursday, May 22nd. KeyCorp lowered Exelon from a "sector weight" rating to an "underweight" rating and set a $39.00 target price on the stock. in a research report on Wednesday, May 14th. Guggenheim boosted their price target on Exelon from $47.00 to $50.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Finally, Barclays boosted their price target on Exelon from $42.00 to $48.00 and gave the company an "overweight" rating in a report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $47.30.

Exelon Stock Performance

EXC traded down $0.01 during trading on Friday, reaching $43.69. 20,942,219 shares of the company were exchanged, compared to its average volume of 7,357,326. The stock has a market cap of $44.11 billion, a P/E ratio of 17.83, a PEG ratio of 2.86 and a beta of 0.43. The firm has a 50 day moving average of $45.23 and a 200 day moving average of $41.97. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 1.61. 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 EPS for the quarter, topping analysts' consensus estimates of $0.86 by $0.06. The firm had revenue of $6.71 billion during the quarter, compared to the consensus estimate of $6.30 billion. Exelon had a return on equity of 9.52% and a net margin of 10.68%. The firm's revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.68 EPS. On average, sell-side analysts forecast that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Announces Dividend

The business 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 dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a yield of 3.66%. Exelon's payout ratio is currently 59.48%.

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.