Exelon Co. (NASDAQ:EXC) Shares Bought by Duality Advisers LP

Duality Advisers LP lifted its position in shares of Exelon Co. (NASDAQ:EXC) by 225.3% in the 4th quarter, Holdings Channel reports. The fund owned 122,009 shares of the company’s stock after buying an additional 84,498 shares during the period. Duality Advisers LP’s holdings in Exelon were worth $4,380,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Pacer Advisors Inc. raised its stake in shares of Exelon by 85.7% during the fourth quarter. Pacer Advisors Inc. now owns 192,063 shares of the company’s stock valued at $6,895,000 after purchasing an additional 88,614 shares in the last quarter. Raymond James & Associates boosted its holdings in shares of Exelon by 24.4% in the fourth quarter. Raymond James & Associates now owns 464,064 shares of the company’s stock valued at $16,660,000 after acquiring an additional 91,088 shares in the last quarter. Invesco Ltd. raised its holdings in Exelon by 12.2% during the third quarter. Invesco Ltd. now owns 10,069,810 shares of the company’s stock worth $380,538,000 after purchasing an additional 1,092,736 shares in the last quarter. Louisiana State Employees Retirement System acquired a new stake in Exelon in the fourth quarter worth approximately $5,001,000. Finally, Bank of Nova Scotia boosted its stake in Exelon by 299.5% during the 3rd quarter. Bank of Nova Scotia now owns 641,757 shares of the company’s stock valued at $24,252,000 after purchasing an additional 481,127 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Up 2.4 %

Exelon stock traded up $0.87 during mid-day trading on Friday, hitting $37.55. 6,126,503 shares of the company’s stock were exchanged, compared to its average volume of 4,870,269. The stock has a 50 day moving average of $36.43 and a two-hundred day moving average of $37.10. Exelon Co. has a 1-year low of $33.35 and a 1-year high of $43.71. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 1.56. The stock has a market cap of $37.53 billion, a P/E ratio of 16.12, a P/E/G ratio of 2.74 and a beta of 0.54.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Wednesday, February 21st. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. The company had revenue of $5.37 billion for the quarter, compared to analyst estimates of $3.87 billion. Exelon had a net margin of 10.72% and a return on equity of 9.40%. The company’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.43 earnings per share. As a group, analysts anticipate that Exelon Co. will post 2.41 EPS for the current fiscal year.

Exelon Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, March 4th were given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 4.05%. This is a boost from Exelon’s previous quarterly dividend of $0.36. The ex-dividend date was Friday, March 1st. Exelon’s dividend payout ratio is currently 65.24%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on EXC. UBS Group cut Exelon from a “buy” rating to a “neutral” rating and decreased their target price for the company from $47.00 to $37.00 in a research note on Tuesday, January 2nd. Seaport Res Ptn cut shares of Exelon from a “buy” rating to a “neutral” rating in a research note on Monday, January 8th. Bank of America reduced their price objective on shares of Exelon from $38.00 to $36.00 and set a “neutral” rating for the company in a research note on Friday, January 19th. Mizuho upgraded shares of Exelon from a “neutral” rating to a “buy” rating and boosted their price target for the company from $36.00 to $39.00 in a report on Wednesday, January 10th. Finally, StockNews.com raised shares of Exelon from a “sell” rating to a “hold” rating in a research note on Monday, March 25th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $39.09.

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.