Ausdal Financial Partners Inc. Has $444,000 Holdings in Exelon Co. (NASDAQ:EXC)

Ausdal Financial Partners Inc. grew its holdings in Exelon Co. (NASDAQ:EXC) by 2.8% during the 4th quarter, Holdings Channel reports. The firm owned 11,796 shares of the company’s stock after purchasing an additional 324 shares during the period. Ausdal Financial Partners Inc.’s holdings in Exelon were worth $444,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Meiji Yasuda Asset Management Co Ltd. grew its stake in shares of Exelon by 1.5% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 35,841 shares of the company’s stock worth $1,349,000 after purchasing an additional 547 shares during the period. Modern Wealth Management LLC lifted its stake in Exelon by 48.2% in the fourth quarter. Modern Wealth Management LLC now owns 15,591 shares of the company’s stock valued at $652,000 after buying an additional 5,070 shares during the period. CoreFirst Bank & Trust bought a new position in Exelon during the fourth quarter worth about $40,000. Haverford Trust Co grew its position in shares of Exelon by 8.7% during the 4th quarter. Haverford Trust Co now owns 11,178 shares of the company’s stock worth $421,000 after buying an additional 897 shares during the period. Finally, Prudential Financial Inc. increased its stake in shares of Exelon by 110.7% in the 4th quarter. Prudential Financial Inc. now owns 2,503,517 shares of the company’s stock valued at $94,232,000 after acquiring an additional 1,315,414 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Insider Transactions at Exelon

In related news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $40.57, for a total value of $59,353.91. Following the sale, the executive vice president now owns 2,271 shares of the company’s stock, valued at approximately $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is currently owned by insiders.

Exelon Price Performance

EXC stock opened at $44.25 on Friday. The stock has a 50-day moving average price of $42.40 and a two-hundred day moving average price of $40.09. Exelon Co. has a 1 year low of $34.01 and a 1 year high of $45.20. The stock has a market cap of $44.67 billion, a PE ratio of 18.06, a price-to-earnings-growth ratio of 2.86 and a beta of 0.51. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 1.61.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, topping 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 quarter in the prior year, the firm earned $0.60 earnings per share. Equities analysts forecast that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were issued a $0.40 dividend. The ex-dividend date was Monday, February 24th. This is an increase from Exelon’s previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.62%. Exelon’s dividend payout ratio (DPR) is 65.31%.

Analysts Set New Price Targets

Several research firms recently weighed in on EXC. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. BMO Capital Markets reissued an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. UBS Group raised their price objective on Exelon from $45.00 to $47.00 and gave the stock a “neutral” rating in a research note on Friday, March 21st. Scotiabank boosted their target price on Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research note on Thursday, February 13th. Finally, Morgan Stanley increased their price target on Exelon from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Thursday, March 20th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $45.13.

Exelon Company Profile

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.