Exelon Co. (NASDAQ:EXC) Shares Bought by Wexford Capital LP

Wexford Capital LP increased its position in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 506.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 65,217 shares of the company's stock after purchasing an additional 54,464 shares during the quarter. Wexford Capital LP's holdings in Exelon were worth $2,455,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Wesbanco Bank Inc. lifted its stake in shares of Exelon by 3.1% in the 4th quarter. Wesbanco Bank Inc. now owns 9,951 shares of the company's stock valued at $375,000 after purchasing an additional 296 shares during the last quarter. PFG Investments LLC increased its holdings in Exelon by 2.4% during the 4th quarter. PFG Investments LLC now owns 13,151 shares of the company's stock worth $495,000 after purchasing an additional 305 shares during the period. Stratos Wealth Partners LTD. increased its holdings in shares of Exelon by 1.7% in the 4th quarter. Stratos Wealth Partners LTD. now owns 18,505 shares of the company's stock valued at $697,000 after acquiring an additional 311 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Exelon by 3.0% in the 4th quarter. Blue Trust Inc. now owns 11,085 shares of the company's stock valued at $450,000 after acquiring an additional 322 shares during the last quarter. Finally, Ausdal Financial Partners Inc. increased its holdings in shares of Exelon by 2.8% in the 4th quarter. Ausdal Financial Partners Inc. now owns 11,796 shares of the company's stock valued at $444,000 after acquiring an additional 324 shares during the last quarter. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Price Performance

Exelon stock traded up $0.25 during mid-day trading on Friday, hitting $43.67. 9,679,452 shares of the company were exchanged, compared to its average volume of 7,303,596. The company has a market capitalization of $44.09 billion, a P/E ratio of 17.82, a PEG ratio of 2.86 and a beta of 0.43. 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 12-month low of $34.01 and a 12-month high of $48.11. The business's 50 day simple moving average is $45.25 and its two-hundred day simple moving average is $41.73.

Exelon (NASDAQ:EXC - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.06. The business 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 business's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.68 earnings per share. Analysts forecast that Exelon Co. will post 2.64 earnings per share for the current fiscal year.

Exelon Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, May 12th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date of this dividend is Monday, May 12th. Exelon's dividend payout ratio (DPR) is presently 59.48%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Guggenheim upped their target price on Exelon from $47.00 to $50.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. UBS Group raised their price target on Exelon from $45.00 to $47.00 and gave the company a "neutral" rating in a report on Friday, March 21st. Evercore ISI raised their price target on Exelon from $48.00 to $51.00 and gave the company an "in-line" rating in a report on Friday, May 2nd. Wells Fargo & Company raised their price target on Exelon from $46.00 to $50.00 and gave the company an "equal weight" rating in a report on Friday, May 2nd. Finally, Morgan Stanley reduced their price target on Exelon from $49.00 to $48.00 and set an "equal weight" rating for the company in a report on Thursday. 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's stock. Based on data from MarketBeat.com, Exelon presently has a consensus rating of "Hold" and an average price target of $47.30.

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.