International Assets Investment Management LLC Purchases 776,997 Shares of Exelon Co. (NASDAQ:EXC)

International Assets Investment Management LLC grew its stake in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 3,481.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 799,316 shares of the company's stock after buying an additional 776,997 shares during the period. International Assets Investment Management LLC owned 0.08% of Exelon worth $28,695,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Antonetti Capital Management LLC boosted its position in Exelon by 98.8% during the 3rd quarter. Antonetti Capital Management LLC now owns 805 shares of the company's stock worth $30,000 after purchasing an additional 400 shares during the period. Addison Advisors LLC boosted its position in Exelon by 50.3% during the 3rd quarter. Addison Advisors LLC now owns 825 shares of the company's stock worth $31,000 after purchasing an additional 276 shares during the period. Fortis Group Advisors LLC purchased a new stake in Exelon during the 3rd quarter worth $31,000. GHP Investment Advisors Inc. boosted its position in Exelon by 263.8% during the 4th quarter. GHP Investment Advisors Inc. now owns 844 shares of the company's stock worth $36,000 after purchasing an additional 612 shares during the period. Finally, Bruce G. Allen Investments LLC purchased a new stake in Exelon during the 4th quarter worth $34,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Stock Performance

NASDAQ EXC traded down $0.96 on Wednesday, hitting $36.91. The stock had a trading volume of 5,370,234 shares, compared to its average volume of 6,885,484. Exelon Co. has a one year low of $33.35 and a one year high of $43.71. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 1.56. The stock has a market cap of $36.89 billion, a price-to-earnings ratio of 16.25, a P/E/G ratio of 2.76 and a beta of 0.54. The company's 50-day moving average is $36.04 and its two-hundred day moving average is $37.19.

Exelon (NASDAQ:EXC - Get Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.02. The business had revenue of $5.37 billion during the quarter, compared to analysts' expectations of $3.87 billion. Exelon had a net margin of 10.72% and a return on equity of 9.40%. The business's revenue was up 15.0% on a year-over-year basis. During the same period last year, the firm posted $0.43 earnings per share. On average, analysts expect that Exelon Co. will post 2.41 earnings per share for the current year.

Exelon Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Monday, March 4th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 4.12%. This is a boost from Exelon's previous quarterly dividend of $0.36. The ex-dividend date was Friday, March 1st. Exelon's dividend payout ratio (DPR) is presently 65.24%.

Analyst Ratings Changes

EXC has been the topic of a number of recent analyst reports. Royal Bank of Canada cut their price objective on shares of Exelon from $45.00 to $38.00 and set a "sector perform" rating on the stock in a report on Tuesday, December 19th. Morgan Stanley lowered shares of Exelon from an "overweight" rating to an "equal weight" rating and cut their target price for the company from $45.00 to $38.00 in a research note on Monday, December 18th. Bank of America dropped their price objective on shares of Exelon from $38.00 to $36.00 and set a "neutral" rating on the stock in a research note on Friday, January 19th. Mizuho upgraded shares of Exelon from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $36.00 to $39.00 in a research note on Wednesday, January 10th. Finally, TheStreet lowered shares of Exelon from a "b-" rating to a "c+" rating in a research note on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $39.09.

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.