Yousif Capital Management LLC Grows Stock Holdings in Exelon Co. (NASDAQ:EXC)

Yousif Capital Management LLC boosted its position in Exelon Co. (NASDAQ:EXC - Free Report) by 11.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 162,643 shares of the company's stock after acquiring an additional 16,393 shares during the period. Yousif Capital Management LLC's holdings in Exelon were worth $7,495,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Ameriflex Group Inc. bought a new stake in Exelon in the 4th quarter worth $25,000. Millstone Evans Group LLC bought a new stake in shares of Exelon during the 4th quarter valued at about $28,000. Capital Advisors Ltd. LLC boosted its stake 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. SBI Securities Co. Ltd. bought a new stake in shares of Exelon during the 4th quarter valued at about $36,000. Finally, Stonebridge Financial Group LLC bought a new stake in shares of Exelon during the 4th quarter valued at about $40,000. Institutional investors own 80.92% of the company's stock.

Exelon Stock Down 0.9%

NASDAQ EXC traded down $0.39 during trading hours on Friday, reaching $43.25. 5,163,805 shares of the company's stock traded hands, compared to its average volume of 7,342,843. Exelon Co. has a 52-week low of $34.01 and a 52-week high of $48.11. The firm has a market cap of $43.66 billion, a PE ratio of 17.65, a PEG ratio of 2.86 and a beta of 0.39. The firm has a 50-day simple moving average of $44.78 and a 200 day simple moving average of $42.20. 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 (NASDAQ:EXC - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.06. The business had revenue of $6.71 billion during the quarter, compared to analysts' expectations of $6.30 billion. Exelon had a net margin of 10.68% and a return on equity of 9.52%. The business's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.68 earnings per share. Sell-side analysts anticipate that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders 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 yield of 3.70%. Exelon's dividend payout ratio (DPR) is presently 59.48%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on EXC. Evercore ISI lifted their target price on shares of Exelon from $48.00 to $51.00 and gave the company an "in-line" rating in a research note on Friday, May 2nd. Guggenheim lifted their target price on shares of Exelon from $47.00 to $50.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. Wells Fargo & Company lifted their target price on shares of Exelon from $46.00 to $50.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. Barclays lifted 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. Finally, KeyCorp cut shares of Exelon from a "sector weight" rating to an "underweight" rating and set a $39.00 price target for the company. in a research report on Wednesday, May 14th. 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 company's stock. Based on data from MarketBeat.com, Exelon 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.