Free Trial

Susquehanna Fundamental Investments LLC Makes New $20.85 Million Investment in Exelon Co. (NASDAQ:EXC)

Exelon logo with Utilities background

Susquehanna Fundamental Investments LLC bought a new stake in shares of Exelon Co. (NASDAQ:EXC - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 553,984 shares of the company's stock, valued at approximately $20,852,000. Susquehanna Fundamental Investments LLC owned approximately 0.06% of Exelon at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of EXC. Millstone Evans Group LLC acquired a new stake in shares of Exelon during the 4th quarter valued at about $28,000. Stephens Consulting LLC boosted its holdings in shares of Exelon by 78.1% during the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company's stock worth $29,000 after buying an additional 343 shares during the period. Brown Lisle Cummings Inc. bought a new position in Exelon in the 4th quarter worth $30,000. Crews Bank & Trust bought a new position in Exelon in the 4th quarter worth $34,000. Finally, Capital Advisors Ltd. LLC raised its holdings in Exelon by 119.6% in the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock worth $35,000 after acquiring an additional 513 shares during the period. Hedge funds and other institutional investors own 80.92% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on EXC shares. Guggenheim set a $47.00 target price on shares of Exelon and gave the stock a "buy" rating in a report on Tuesday, April 22nd. BMO Capital Markets lifted their target price on shares of Exelon from $46.00 to $50.00 and gave the stock an "outperform" rating in a report on Monday. Evercore ISI restated an "in-line" rating and issued a $48.00 price target (up from $46.00) on shares of Exelon in a research report on Tuesday, April 15th. Scotiabank raised their price target on shares of Exelon from $42.00 to $44.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 13th. Finally, UBS Group raised their price target on shares of Exelon from $45.00 to $47.00 and gave the stock a "neutral" rating in a research report on Friday, March 21st. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Exelon currently has an average rating of "Hold" and a consensus price target of $46.67.

Read Our Latest Stock Report on EXC

Exelon Price Performance

Shares of Exelon stock traded down $0.05 during trading on Thursday, hitting $46.85. 2,321,075 shares of the company's stock traded hands, compared to its average volume of 8,202,391. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. The firm's fifty day moving average price is $44.95 and its 200 day moving average price is $41.18. Exelon Co. has a twelve month low of $34.01 and a twelve month high of $48.11. The company has a market cap of $47.30 billion, a PE ratio of 19.13, a PEG ratio of 2.86 and a beta of 0.39.

Exelon (NASDAQ:EXC - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.06. The firm had revenue of $6.71 billion for the quarter, compared to analyst estimates of $6.30 billion. Exelon had a net margin of 10.68% and a return on equity of 9.52%. The company'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 business earned $0.68 earnings per share. Analysts forecast that Exelon Co. will post 2.64 earnings per share for the current year.

Exelon Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, May 12th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date of this dividend is Monday, May 12th. Exelon's dividend payout ratio is presently 65.31%.

Insiders Place Their Bets

In related news, EVP Colette D. Honorable sold 1,463 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the completion of the sale, the executive vice president now directly owns 2,271 shares of the company's stock, valued at $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.10% of the company's stock.

Exelon Company Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

Should You Invest $1,000 in Exelon Right Now?

Before you consider Exelon, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exelon wasn't on the list.

While Exelon currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in May 2025
3 Stocks Offering Rare Generational Buying Opportunities
Make Your Money Work Harder: The Power of Dividend Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines