Wealthsource Partners LLC acquired a new stake in Exelon Co. (NYSE:EXC) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 5,058 shares of the energy giant’s stock, valued at approximately $221,000.

A number of other large investors have also recently modified their holdings of the stock. Renaissance Technologies LLC boosted its holdings in shares of Exelon by 104.5% in the third quarter. Renaissance Technologies LLC now owns 2,759,000 shares of the energy giant’s stock worth $120,458,000 after buying an additional 1,410,100 shares during the period. Riverhead Capital Management LLC boosted its holdings in shares of Exelon by 17.1% in the third quarter. Riverhead Capital Management LLC now owns 329,085 shares of the energy giant’s stock worth $14,368,000 after buying an additional 48,010 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of Exelon by 153.0% in the third quarter. Tower Research Capital LLC TRC now owns 9,528 shares of the energy giant’s stock worth $416,000 after buying an additional 5,762 shares during the period. Baillie Gifford & Co. boosted its holdings in shares of Exelon by 1.0% in the third quarter. Baillie Gifford & Co. now owns 432,405 shares of the energy giant’s stock worth $18,879,000 after buying an additional 4,260 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Exelon by 25.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 195,342 shares of the energy giant’s stock worth $8,527,000 after buying an additional 39,736 shares during the period. Hedge funds and other institutional investors own 78.77% of the company’s stock.

EXC stock opened at $46.96 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.33 and a debt-to-equity ratio of 1.05. The company has a market cap of $45.35 billion, a P/E ratio of 18.06, a P/E/G ratio of 3.29 and a beta of 0.30. Exelon Co. has a 52 week low of $35.57 and a 52 week high of $47.40.

Exelon (NYSE:EXC) last posted its earnings results on Thursday, November 1st. The energy giant reported $0.88 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.88. The firm had revenue of $8.08 billion during the quarter, compared to analysts’ expectations of $8.74 billion. Exelon had a net margin of 10.67% and a return on equity of 9.35%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.85 earnings per share. As a group, analysts anticipate that Exelon Co. will post 3.12 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 10th. Shareholders of record on Thursday, November 15th will be paid a $0.345 dividend. This represents a $1.38 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date of this dividend is Wednesday, November 14th. Exelon’s dividend payout ratio (DPR) is presently 53.08%.

Several research analysts have commented on the stock. Zacks Investment Research cut shares of Exelon from a “buy” rating to a “hold” rating in a report on Tuesday, November 27th. JPMorgan Chase & Co. cut shares of Exelon from an “overweight” rating to a “neutral” rating and set a $48.00 target price for the company. in a report on Tuesday, October 9th. Macquarie raised their target price on shares of Exelon from $45.00 to $46.00 and gave the stock a “buy” rating in a report on Monday, September 24th. KeyCorp raised their price target on shares of Exelon from $43.00 to $46.00 and gave the stock an “overweight” rating in a report on Friday, August 17th. Finally, ValuEngine cut shares of Exelon from a “buy” rating to a “hold” rating in a report on Thursday, November 1st. Nine analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Exelon has a consensus rating of “Buy” and an average price target of $46.44.

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Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. The company owns electric generating facilities, such as nuclear, fossil, wind, hydroelectric, and solar generating facilities. It also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

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Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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