USS Investment Management Ltd Lowers Holdings in Exelon Co. (NASDAQ:EXC)

USS Investment Management Ltd lessened its stake in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 32.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 124,157 shares of the company's stock after selling 60,538 shares during the period. USS Investment Management Ltd's holdings in Exelon were worth $4,675,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Millstone Evans Group LLC bought a new position in shares of Exelon in the fourth quarter valued at approximately $28,000. Stephens Consulting LLC lifted its stake in Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company's stock worth $29,000 after purchasing an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. purchased a new stake in Exelon in the 4th quarter worth approximately $30,000. Crews Bank & Trust bought a new position in Exelon in the 4th quarter valued at $34,000. Finally, Capital Advisors Ltd. LLC grew its position in shares of Exelon by 119.6% during the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock valued at $35,000 after purchasing an additional 513 shares in the last quarter. Hedge funds and other institutional investors own 80.92% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on EXC shares. UBS Group boosted their target price on Exelon from $45.00 to $47.00 and gave the stock a "neutral" rating in a research report on Friday, March 21st. BMO Capital Markets boosted their price objective on Exelon from $46.00 to $50.00 and gave the stock an "outperform" rating in a report on Monday, April 28th. Barclays raised their target price on shares of Exelon from $42.00 to $48.00 and gave the company an "overweight" rating in a research note on Tuesday, February 25th. Guggenheim boosted their price target on shares of Exelon from $47.00 to $50.00 and gave the stock a "buy" rating in a research note on Friday, May 2nd. Finally, Wells Fargo & Company raised their price objective on shares of Exelon from $46.00 to $50.00 and gave the company an "equal weight" rating in a research report on Friday, May 2nd. One equities 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 company. Based on data from MarketBeat, Exelon has a consensus rating of "Hold" and a consensus price target of $47.30.

Exelon Stock Up 0.9%

EXC traded up $0.38 on Tuesday, hitting $44.05. The company had a trading volume of 3,232,115 shares, compared to its average volume of 7,300,748. The stock has a fifty day simple moving average of $45.23 and a 200-day simple moving average of $41.82. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. The firm has a market capitalization of $44.47 billion, a P/E ratio of 17.99, a P/E/G ratio of 2.86 and a beta of 0.43. 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 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 analysts' expectations of $6.30 billion. During the same period in the prior year, the firm earned $0.68 earnings per share. The firm's revenue for the quarter was up 11.1% on a year-over-year basis. As a group, equities analysts expect that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, May 12th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date of this dividend is Monday, May 12th. Exelon's dividend payout ratio (DPR) is presently 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.