TD Waterhouse Canada Inc. Acquires 28,349 Shares of Exelon Co. (NASDAQ:EXC)

TD Waterhouse Canada Inc. raised its stake in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 47.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,309 shares of the company's stock after buying an additional 28,349 shares during the period. TD Waterhouse Canada Inc.'s holdings in Exelon were worth $3,325,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EXC. Millstone Evans Group LLC bought a new position in shares of Exelon in the fourth quarter worth about $28,000. Stephens Consulting LLC grew its holdings in Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company's stock valued at $29,000 after buying an additional 343 shares during the last quarter. Brown Lisle Cummings Inc. bought a new position in Exelon in the 4th quarter worth approximately $30,000. Crews Bank & Trust acquired a new position in shares of Exelon during the fourth quarter worth approximately $34,000. Finally, Capital Advisors Ltd. LLC lifted its holdings in shares of Exelon by 119.6% during the fourth quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock worth $35,000 after buying an additional 513 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Price Performance

EXC stock traded up $0.30 during midday trading on Monday, reaching $46.52. 1,158,212 shares of the company's stock traded hands, compared to its average volume of 7,248,445. The company has a 50-day simple moving average of $44.73 and a two-hundred day simple moving average of $41.05. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61. Exelon Co. has a 1-year low of $34.01 and a 1-year high of $48.11. The company has a market cap of $46.96 billion, a price-to-earnings ratio of 18.99, a PEG ratio of 2.86 and a beta of 0.39.

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, beating 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 period last year, the firm earned $0.60 earnings per share. On average, analysts anticipate that Exelon Co. will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were paid a dividend of $0.40 per share. This is a boost from Exelon's previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a dividend yield of 3.44%. The ex-dividend date was Monday, February 24th. Exelon's dividend payout ratio is 65.31%.

Insider Activity at Exelon

In other news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total value 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 approximately $92,134.47. This trade represents a 39.18 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on EXC shares. Scotiabank boosted their price objective on shares of Exelon from $42.00 to $44.00 and gave the stock a "sector perform" rating in a report on Thursday, February 13th. Evercore ISI reissued an "in-line" rating and issued a $48.00 target price (up previously from $46.00) on shares of Exelon in a research note on Tuesday, April 15th. Barclays increased their price target on shares of Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 25th. UBS Group lifted their price objective on Exelon from $45.00 to $47.00 and gave the company a "neutral" rating in a report on Friday, March 21st. Finally, Morgan Stanley increased their target price on Exelon from $46.00 to $48.00 and gave the stock an "equal weight" rating in a report on Thursday, March 20th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Exelon presently has a consensus rating of "Hold" and a consensus target price of $46.67.

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.