Diversified Trust Co Has $1.28 Million Stock Position in Exelon Co. (NASDAQ:EXC)

Diversified Trust Co raised its position in Exelon Co. (NASDAQ:EXCFree Report) by 105.5% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 34,091 shares of the company’s stock after acquiring an additional 17,503 shares during the period. Diversified Trust Co’s holdings in Exelon were worth $1,281,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of EXC. AMF Tjanstepension AB increased its holdings in Exelon by 61.5% during the 1st quarter. AMF Tjanstepension AB now owns 2,012,282 shares of the company’s stock worth $75,626,000 after purchasing an additional 766,558 shares in the last quarter. Register Financial Advisors LLC purchased a new position in shares of Exelon during the first quarter valued at approximately $26,000. Wealth Enhancement Advisory Services LLC grew its holdings in Exelon by 49.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 110,227 shares of the company’s stock worth $4,141,000 after buying an additional 36,548 shares in the last quarter. Viking Fund Management LLC raised its position in Exelon by 72.9% in the 1st quarter. Viking Fund Management LLC now owns 60,500 shares of the company’s stock valued at $2,273,000 after buying an additional 25,500 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC bought a new position in Exelon during the 1st quarter valued at $473,000. Institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

NASDAQ EXC opened at $34.55 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 1.03 and a debt-to-equity ratio of 1.64. The company has a market cap of $34.55 billion, a PE ratio of 14.89, a price-to-earnings-growth ratio of 2.52 and a beta of 0.52. Exelon Co. has a 52 week low of $33.35 and a 52 week high of $43.53. The firm’s 50-day simple moving average is $36.77 and its two-hundred day simple moving average is $36.23.

Exelon (NASDAQ:EXCGet Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.01). The business had revenue of $6.04 billion during the quarter, compared to the consensus estimate of $5.70 billion. Exelon had a net margin of 10.44% and a return on equity of 9.27%. Research analysts predict that Exelon Co. will post 2.42 earnings per share for the current year.

Exelon Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Monday, May 13th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.40%. The ex-dividend date of this dividend was Friday, May 10th. Exelon’s payout ratio is currently 65.52%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Barclays upped their target price 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. BMO Capital Markets increased their price objective on shares of Exelon from $40.00 to $42.00 and gave the company an “outperform” rating in a research note on Friday, May 3rd. Morgan Stanley cut their target price on Exelon from $41.00 to $39.00 and set an “equal weight” rating on the stock in a research note on Monday, June 24th. StockNews.com raised Exelon from a “sell” rating to a “hold” rating in a research report on Monday, March 25th. Finally, Wells Fargo & Company boosted their price objective on Exelon from $39.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Friday, May 3rd. Eleven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $38.91.

View Our Latest Research Report on Exelon

About Exelon

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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