MML Investors Services LLC Has $3.06 Million Stock Position in Exelon Co. (NASDAQ:EXC)

MML Investors Services LLC increased its position in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 14.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 81,310 shares of the company's stock after acquiring an additional 10,087 shares during the quarter. MML Investors Services LLC's holdings in Exelon were worth $3,061,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in Exelon during the 4th quarter worth approximately $479,597,000. FMR LLC boosted its holdings in shares of Exelon by 46.9% in the fourth quarter. FMR LLC now owns 17,306,652 shares of the company's stock valued at $651,422,000 after buying an additional 5,524,103 shares during the period. JPMorgan Chase & Co. increased its position in shares of Exelon by 109.0% during the third quarter. JPMorgan Chase & Co. now owns 5,884,282 shares of the company's stock worth $238,608,000 after acquiring an additional 3,068,309 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Exelon by 2.5% during the fourth quarter. Vanguard Group Inc. now owns 127,335,351 shares of the company's stock worth $4,792,903,000 after acquiring an additional 3,064,673 shares during the period. Finally, Invesco Ltd. lifted its position in Exelon by 25.8% in the 4th quarter. Invesco Ltd. now owns 13,718,745 shares of the company's stock valued at $516,374,000 after acquiring an additional 2,817,174 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company's stock.

Insiders Place Their Bets

In other news, EVP Colette D. Honorable sold 1,463 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total transaction of $59,353.91. Following the sale, the executive vice president now directly owns 2,271 shares of the company's stock, valued at approximately $92,134.47. This represents a 39.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.10% of the company's stock.

Exelon Stock Performance

EXC stock traded up $0.05 during midday trading on Wednesday, reaching $46.90. 7,678,138 shares of the company were exchanged, compared to its average volume of 7,277,170. The firm has a market capitalization of $47.35 billion, a price-to-earnings ratio of 19.14, a price-to-earnings-growth ratio of 2.86 and a beta of 0.39. The business has a 50-day moving average price of $44.88 and a two-hundred day moving average price of $41.14. Exelon Co. has a one year low of $34.01 and a one year high of $48.11. 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 announced its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.59 by $0.05. Exelon had a return on equity of 9.52% and a net margin of 10.68%. During the same quarter last year, the company earned $0.60 EPS. Equities research analysts forecast that Exelon Co. will post 2.64 EPS for the current year.

Exelon Announces Dividend

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 3.41%. The ex-dividend date is Monday, May 12th. Exelon's dividend payout ratio is currently 65.31%.

Analyst Upgrades and Downgrades

EXC has been the subject of a number of research reports. UBS Group increased their price objective on Exelon from $45.00 to $47.00 and gave the stock a "neutral" rating in a report on Friday, March 21st. Barclays raised their price target on shares of Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 25th. BMO Capital Markets boosted their price objective on shares of Exelon from $46.00 to $50.00 and gave the stock an "outperform" rating in a research report on Monday. Guggenheim set a $47.00 target price on shares of Exelon and gave the company a "buy" rating in a research report on Tuesday, April 22nd. Finally, Scotiabank lifted their price target on shares of Exelon from $42.00 to $44.00 and gave the company a "sector perform" rating in a research note on Thursday, February 13th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $46.67.

Exelon Company 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.