Mufg Securities Americas Inc. Takes $558,000 Position in Exelon Co. (NASDAQ:EXC)

Mufg Securities Americas Inc. acquired a new stake in shares of Exelon Co. (NASDAQ:EXC - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 14,833 shares of the company's stock, valued at approximately $558,000.

Other large investors have also added to or reduced their stakes in the company. Nissay Asset Management Corp Japan ADV raised its position in shares of Exelon by 6.4% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 225,351 shares of the company's stock worth $8,435,000 after acquiring an additional 13,501 shares during the last quarter. NorthRock Partners LLC acquired a new position in shares of Exelon in the 4th quarter worth approximately $308,000. Nuveen Asset Management LLC boosted its stake in shares of Exelon by 7.1% in the 4th quarter. Nuveen Asset Management LLC now owns 4,015,710 shares of the company's stock valued at $151,151,000 after purchasing an additional 264,686 shares during the last quarter. OMERS ADMINISTRATION Corp increased its position in shares of Exelon by 20.5% during the fourth quarter. OMERS ADMINISTRATION Corp now owns 41,603 shares of the company's stock worth $1,566,000 after buying an additional 7,070 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Exelon by 2.1% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 826,550 shares of the company's stock worth $31,111,000 after buying an additional 17,186 shares during the last quarter. Institutional investors own 80.92% of the company's stock.

Analyst Upgrades and Downgrades

EXC has been the topic of a number of recent analyst reports. Evercore ISI boosted their price objective on Exelon from $48.00 to $51.00 and gave the company an "in-line" rating in a research note on Friday, May 2nd. Guggenheim increased their price target on Exelon from $47.00 to $50.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. Morgan Stanley lifted their price objective on shares of Exelon from $46.00 to $48.00 and gave the company an "equal weight" rating in a research note on Thursday, March 20th. Scotiabank increased their target price on shares of Exelon from $42.00 to $44.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 13th. Finally, Wells Fargo & Company lifted their price target 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. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $47.30.

Exelon Stock Up 0.7%

EXC stock traded up $0.30 during mid-day trading on Monday, reaching $44.39. 6,429,427 shares of the company traded hands, compared to its average volume of 7,283,810. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61. The firm's 50 day moving average price is $45.23 and its 200 day moving average price is $41.57. Exelon Co. has a fifty-two week low of $34.01 and a fifty-two week high of $48.11. The stock has a market cap of $44.81 billion, a price-to-earnings ratio of 18.12, a P/E/G ratio of 2.86 and a beta of 0.43.

Exelon (NASDAQ:EXC - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.86 by $0.06. The firm had revenue of $6.71 billion for 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 company's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.68 EPS. As a group, equities research analysts predict that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Announces Dividend

The firm 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 $0.40 dividend. 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 3.60%. Exelon's dividend payout ratio is 59.48%.

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.