Arkadios Wealth Advisors Raises Stake in Exelon Co. (NASDAQ:EXC)

Arkadios Wealth Advisors raised its holdings in shares of Exelon Co. (NASDAQ:EXCFree Report) by 43.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,645 shares of the company’s stock after acquiring an additional 2,311 shares during the quarter. Arkadios Wealth Advisors’ holdings in Exelon were worth $288,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Sei Investments Co. increased its position in Exelon by 10.3% in the second quarter. Sei Investments Co. now owns 280,195 shares of the company’s stock worth $9,698,000 after purchasing an additional 26,175 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in Exelon by 69.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,071 shares of the company’s stock worth $151,000 after acquiring an additional 1,672 shares in the last quarter. Public Sector Pension Investment Board increased its stake in shares of Exelon by 50.3% during the second quarter. Public Sector Pension Investment Board now owns 169,592 shares of the company’s stock valued at $5,870,000 after buying an additional 56,762 shares during the period. Marshall Wace LLP bought a new stake in shares of Exelon in the second quarter valued at about $1,811,000. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in Exelon by 61.1% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 191,461 shares of the company’s stock worth $6,628,000 after acquiring an additional 72,613 shares during the period. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Stock Up 0.1 %

EXC stock opened at $39.24 on Friday. Exelon Co. has a one year low of $33.35 and a one year high of $41.19. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.97 and a current ratio of 1.09. The firm’s fifty day moving average is $38.09 and its 200 day moving average is $38.32. The firm has a market cap of $39.43 billion, a PE ratio of 16.15, a P/E/G ratio of 2.69 and a beta of 0.55.

Exelon (NASDAQ:EXCGet Free Report) last released its earnings results on Wednesday, October 30th. The company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.04. Exelon had a net margin of 10.60% and a return on equity of 9.47%. The business had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $5.85 billion. During the same quarter in the previous year, the company earned $0.67 earnings per share. The company’s quarterly revenue was up 2.9% on a year-over-year basis. On average, research analysts forecast that Exelon Co. will post 2.46 EPS for the current year.

Exelon Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, November 11th were issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 3.87%. The ex-dividend date of this dividend was Friday, November 8th. Exelon’s dividend payout ratio is currently 62.55%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on EXC. Barclays cut their price target on Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday. Scotiabank lifted their target price on Exelon from $40.00 to $42.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Morgan Stanley decreased their price target on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $43.00 to $44.00 in a research report on Tuesday. Finally, Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $43.13.

Read 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.

Featured Stories

Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

Receive News & Ratings for Exelon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exelon and related companies with MarketBeat.com's FREE daily email newsletter.