Exelon Co. (NASDAQ:EXC) Given Consensus Rating of “Hold” by Brokerages

Shares of Exelon Co. (NASDAQ:EXC) have been given an average recommendation of “Hold” by the thirteen analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $38.92.

A number of equities research analysts recently issued reports on the stock. UBS Group downgraded shares of Exelon from a “buy” rating to a “neutral” rating and decreased their price target for the company from $47.00 to $37.00 in a research note on Tuesday, January 2nd. TheStreet lowered Exelon from a “b-” rating to a “c+” rating in a research note on Wednesday, February 7th. Mizuho raised Exelon from a “neutral” rating to a “buy” rating and boosted their target price for the company from $36.00 to $39.00 in a research report on Wednesday, January 10th. StockNews.com upgraded Exelon from a “sell” rating to a “hold” rating in a research report on Monday, March 25th. Finally, Barclays lifted their price objective on shares of Exelon from $36.00 to $39.00 and gave the stock an “overweight” rating in a research note on Thursday, March 14th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of EXC. Heritage Wealth Advisors raised its position in Exelon by 247.5% during the 4th quarter. Heritage Wealth Advisors now owns 695 shares of the company’s stock valued at $25,000 after purchasing an additional 495 shares in the last quarter. Register Financial Advisors LLC purchased a new position in shares of Exelon during the first quarter valued at $26,000. Antonetti Capital Management LLC increased its stake in shares of Exelon by 98.8% during the third quarter. Antonetti Capital Management LLC now owns 805 shares of the company’s stock valued at $30,000 after buying an additional 400 shares during the period. Addison Advisors LLC raised its holdings in shares of Exelon by 50.3% in the third quarter. Addison Advisors LLC now owns 825 shares of the company’s stock valued at $31,000 after acquiring an additional 276 shares in the last quarter. Finally, Fortis Group Advisors LLC purchased a new stake in Exelon in the third quarter worth about $31,000. Institutional investors own 80.92% of the company’s stock.

Exelon Trading Up 1.1 %

Exelon stock opened at $37.72 on Tuesday. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.81 and a quick ratio of 0.73. The firm’s 50 day moving average price is $36.79 and its 200-day moving average price is $37.05. Exelon has a 1 year low of $33.35 and a 1 year high of $43.53. The stock has a market cap of $37.70 billion, a P/E ratio of 16.19, a PEG ratio of 2.72 and a beta of 0.54.

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

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, March 4th were given a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 4.03%. This is a boost from Exelon’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Friday, March 1st. Exelon’s payout ratio is 65.24%.

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.