Russell Investments Group Ltd. Purchases 363,507 Shares of Exelon Co. (NASDAQ:EXC)

Russell Investments Group Ltd. raised its position in Exelon Co. (NASDAQ:EXC - Free Report) by 19.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,185,993 shares of the company's stock after acquiring an additional 363,507 shares during the quarter. Russell Investments Group Ltd. owned 0.22% of Exelon worth $78,472,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of EXC. Asset Management One Co. Ltd. grew its position in Exelon by 1.8% in the third quarter. Asset Management One Co. Ltd. now owns 401,544 shares of the company's stock valued at $15,174,000 after acquiring an additional 6,916 shares in the last quarter. MCF Advisors LLC grew its position in shares of Exelon by 10.5% during the third quarter. MCF Advisors LLC now owns 2,936 shares of the company's stock worth $111,000 after buying an additional 278 shares in the last quarter. Valeo Financial Advisors LLC acquired a new stake in shares of Exelon during the third quarter worth approximately $266,000. Coastal Investment Advisors Inc. grew its position in shares of Exelon by 100.0% during the third quarter. Coastal Investment Advisors Inc. now owns 8,449 shares of the company's stock worth $344,000 after buying an additional 4,225 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA grew its position in shares of Exelon by 44.1% during the third quarter. Compagnie Lombard Odier SCmA now owns 174,156 shares of the company's stock worth $6,581,000 after buying an additional 53,266 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company's stock.

Exelon Stock Performance

EXC stock traded down $0.34 during mid-day trading on Friday, reaching $37.32. The company had a trading volume of 5,439,450 shares, compared to its average volume of 4,657,864. 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 capitalization of $37.30 billion, a P/E ratio of 16.02, a P/E/G ratio of 2.72 and a beta of 0.54. Exelon Co. has a one year low of $33.35 and a one year high of $43.53. The stock's 50-day simple moving average is $36.74 and its two-hundred day simple moving average is $37.07.

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

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Monday, March 4th were paid a dividend of $0.38 per share. This is a boost from Exelon's previous quarterly dividend of $0.36. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date of this dividend was Friday, March 1st. Exelon's payout ratio is currently 65.24%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on EXC shares. Seaport Res Ptn downgraded shares of Exelon from a "buy" rating to a "neutral" rating in a research report on Monday, January 8th. Mizuho raised shares of Exelon from a "neutral" rating to a "buy" rating and raised their price target for the stock from $36.00 to $39.00 in a research report on Wednesday, January 10th. Bank of America decreased their price objective on shares of Exelon from $38.00 to $36.00 and set a "neutral" rating for the company in a report on Friday, January 19th. UBS Group downgraded shares of Exelon from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $47.00 to $37.00 in a report on Tuesday, January 2nd. Finally, TheStreet downgraded shares of Exelon from a "b-" rating to a "c+" rating in a report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $38.92.

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.