NumerixS Investment Technologies Inc cut its holdings in Exelon Co. (NYSE:EXC) by 15.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,200 shares of the energy giant’s stock after selling 400 shares during the quarter. NumerixS Investment Technologies Inc’s holdings in Exelon were worth $110,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc increased its stake in shares of Exelon by 1.7% during the third quarter. Vanguard Group Inc now owns 77,314,222 shares of the energy giant’s stock worth $3,375,540,000 after acquiring an additional 1,309,965 shares during the period. BlackRock Inc. increased its stake in shares of Exelon by 4.6% during the fourth quarter. BlackRock Inc. now owns 75,231,069 shares of the energy giant’s stock worth $3,392,922,000 after acquiring an additional 3,305,035 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of Exelon by 4.5% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 20,107,490 shares of the energy giant’s stock worth $906,848,000 after acquiring an additional 868,290 shares during the period. Geode Capital Management LLC increased its stake in shares of Exelon by 8.4% during the fourth quarter. Geode Capital Management LLC now owns 12,839,080 shares of the energy giant’s stock worth $578,058,000 after acquiring an additional 994,381 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of Exelon by 3.2% during the fourth quarter. Bank of New York Mellon Corp now owns 12,232,613 shares of the energy giant’s stock worth $551,692,000 after acquiring an additional 383,420 shares during the period. Institutional investors own 79.78% of the company’s stock.

A number of research analysts have recently issued reports on EXC shares. Wells Fargo & Co upgraded shares of Exelon from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $50.00 to $57.00 in a research note on Tuesday, April 2nd. Mizuho boosted their price target on shares of Exelon from $47.00 to $49.50 and gave the stock a “neutral” rating in a research note on Thursday, May 16th. Morgan Stanley boosted their price target on shares of Exelon from $52.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 16th. Goldman Sachs Group upgraded shares of Exelon from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $48.00 to $52.00 in a research note on Thursday, June 6th. Finally, KeyCorp started coverage on shares of Exelon in a research note on Tuesday, June 4th. They set a “sector weight” rating on the stock. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $49.41.

Shares of EXC opened at $50.80 on Friday. The company has a current ratio of 1.02, a quick ratio of 0.89 and a debt-to-equity ratio of 0.99. Exelon Co. has a twelve month low of $40.58 and a twelve month high of $51.18. The stock has a market cap of $49.32 billion, a price-to-earnings ratio of 16.28, a P/E/G ratio of 4.21 and a beta of 0.39.

Exelon (NYSE:EXC) last issued its earnings results on Thursday, May 2nd. The energy giant reported $0.87 earnings per share for the quarter, hitting the consensus estimate of $0.87. Exelon had a net margin of 6.52% and a return on equity of 8.85%. The company had revenue of $9.48 billion for the quarter, compared to analyst estimates of $9.10 billion. During the same period in the prior year, the business posted $0.96 earnings per share. The firm’s revenue for the quarter was down 2.2% compared to the same quarter last year. Equities analysts anticipate that Exelon Co. will post 3.15 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th were issued a $0.3625 dividend. This represents a $1.45 annualized dividend and a dividend yield of 2.85%. The ex-dividend date was Tuesday, May 14th. Exelon’s dividend payout ratio (DPR) is presently 46.47%.

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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. It owns nuclear, fossil, wind, hydroelectric, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

Further Reading: What is the Dividend Aristocrat Index?

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Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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