Exelon Co. (NASDAQ:EXC) Shares Acquired by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. grew its holdings in Exelon Co. (NASDAQ:EXC) by 6.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 383,562 shares of the company’s stock after acquiring an additional 24,014 shares during the period. Asset Management One Co. Ltd.’s holdings in Exelon were worth $15,553,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Exelon by 16.3% in the 1st quarter. Vanguard Group Inc. now owns 105,310,761 shares of the company’s stock valued at $3,956,525,000 after acquiring an additional 14,749,899 shares during the last quarter. Clearbridge Investments LLC boosted its holdings in Exelon by 10.5% during the first quarter. Clearbridge Investments LLC now owns 1,645,737 shares of the company’s stock worth $61,830,000 after buying an additional 156,201 shares in the last quarter. Czech National Bank boosted its holdings in Exelon by 8.8% during the second quarter. Czech National Bank now owns 190,537 shares of the company’s stock worth $6,594,000 after buying an additional 15,389 shares in the last quarter. Sciencast Management LP purchased a new stake in Exelon during the first quarter worth $1,461,000. Finally, Acadian Asset Management LLC purchased a new stake in Exelon during the first quarter worth $681,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Price Performance

Exelon stock opened at $38.47 on Wednesday. Exelon Co. has a 12-month low of $33.35 and a 12-month high of $41.42. The stock has a market cap of $38.66 billion, a P/E ratio of 15.83, a PEG ratio of 2.72 and a beta of 0.54. The company has a 50-day moving average price of $39.66 and a 200 day moving average price of $37.74. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.66.

Exelon (NASDAQ:EXC) last announced its earnings results on Wednesday, October 30th. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.04. The company had revenue of $6.15 billion during the quarter, compared to analyst estimates of $5.85 billion. Exelon had a net margin of 10.60% and a return on equity of 9.47%. Exelon’s revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.67 earnings per share. Sell-side analysts anticipate that Exelon Co. will post 2.45 earnings per share for the current year.

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Monday, November 11th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 3.95%. The ex-dividend date is Friday, November 8th. Exelon’s dividend payout ratio (DPR) is presently 62.55%.

Analyst Ratings Changes

EXC has been the topic of a number of recent analyst reports. Morgan Stanley increased their price target on shares of Exelon from $42.00 to $45.00 and gave the stock an “equal weight” rating in a report on Wednesday, September 25th. Barclays upped their price objective on shares of Exelon from $41.00 to $44.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. Wells Fargo & Company upped their price objective on shares of Exelon from $40.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, August 2nd. UBS Group increased their target price on shares of Exelon from $40.00 to $43.00 and gave the company a “neutral” rating in a research report on Friday, September 20th. Finally, Jefferies Financial Group began coverage on shares of Exelon in a research report on Thursday, September 19th. They issued a “buy” rating and a $46.00 target price for the company. Eleven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Exelon currently has a consensus rating of “Hold” and an average price target of $41.33.

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.