Exelon Co. (NASDAQ:EXC) Shares Purchased by XTX Topco Ltd

XTX Topco Ltd raised its holdings in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 144.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,273 shares of the company's stock after purchasing an additional 7,250 shares during the quarter. XTX Topco Ltd's holdings in Exelon were worth $462,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Exelon by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 127,335,351 shares of the company's stock valued at $4,792,903,000 after purchasing an additional 3,064,673 shares in the last quarter. Geode Capital Management LLC raised its stake in Exelon by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 26,314,296 shares of the company's stock worth $988,080,000 after buying an additional 368,505 shares in the last quarter. FMR LLC lifted its holdings in Exelon by 46.9% during the fourth quarter. FMR LLC now owns 17,306,652 shares of the company's stock worth $651,422,000 after buying an additional 5,524,103 shares during the period. Invesco Ltd. boosted its position in Exelon by 25.8% during the 4th quarter. Invesco Ltd. now owns 13,718,745 shares of the company's stock valued at $516,374,000 after acquiring an additional 2,817,174 shares in the last quarter. Finally, Norges Bank purchased a new position in Exelon in the fourth quarter valued at about $479,597,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Price Performance

Shares of NASDAQ EXC traded down $0.18 during trading on Friday, hitting $46.15. The company had a trading volume of 1,340,381 shares, compared to its average volume of 7,232,438. Exelon Co. has a fifty-two week low of $34.01 and a fifty-two week high of $48.11. 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 stock has a fifty day simple moving average of $44.65 and a two-hundred day simple moving average of $40.99. The firm has a market capitalization of $46.59 billion, a price-to-earnings ratio of 18.85, a price-to-earnings-growth 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 (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.05. Exelon had a net margin of 10.68% and a return on equity of 9.52%. During the same quarter in the previous year, the firm posted $0.60 EPS. On average, research analysts expect that Exelon Co. will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, February 24th were issued a $0.40 dividend. This is a boost from Exelon's previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a yield of 3.47%. The ex-dividend date of this dividend was Monday, February 24th. Exelon's dividend payout ratio is presently 65.31%.

Insider Activity

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

Analyst Ratings Changes

EXC has been the topic of a number of analyst reports. BMO Capital Markets reaffirmed an "outperform" rating on shares of Exelon in a research report on Tuesday, February 4th. Scotiabank raised their price objective on Exelon from $42.00 to $44.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 13th. Morgan Stanley increased their price target on Exelon from $46.00 to $48.00 and gave the company an "equal weight" rating in a research note on Thursday, March 20th. Guggenheim set a $47.00 target price on shares of Exelon and gave the stock a "buy" rating in a research note on Tuesday. Finally, UBS Group upped their price target on shares of Exelon from $45.00 to $47.00 and gave the company a "neutral" rating in a research note on Friday, March 21st. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $45.78.

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.