Aspire Private Capital LLC Purchases New Position in Exelon Co. (NASDAQ:EXC)

Aspire Private Capital LLC acquired a new stake in Exelon Co. (NASDAQ:EXC) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,323 shares of the company’s stock, valued at approximately $119,000.

Several other institutional investors also recently bought and sold shares of EXC. IFP Advisors Inc lifted its position in Exelon by 6.1% during the 3rd quarter. IFP Advisors Inc now owns 10,380 shares of the company’s stock worth $392,000 after acquiring an additional 597 shares during the period. Capital Investment Advisors LLC purchased a new position in shares of Exelon in the 3rd quarter valued at about $200,000. Fifth Third Wealth Advisors LLC increased its stake in Exelon by 15.0% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 9,023 shares of the company’s stock worth $341,000 after buying an additional 1,176 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA increased its stake in Exelon by 33.9% during the 3rd quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 7,902 shares of the company’s stock worth $299,000 after buying an additional 2,000 shares in the last quarter. Finally, B.O.S.S. Retirement Advisors LLC increased its stake in Exelon by 3.9% during the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 99,864 shares of the company’s stock worth $3,774,000 after buying an additional 3,776 shares in the last quarter. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Stock Up 0.3 %

Shares of Exelon stock traded up $0.11 during trading hours on Tuesday, reaching $37.78. 1,073,352 shares of the company were exchanged, compared to its average volume of 6,602,124. Exelon Co. has a 1 year low of $33.35 and a 1 year high of $43.71. The stock’s fifty day moving average is $36.49 and its 200 day moving average is $37.11. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.73 and a current ratio of 0.81. The firm has a market cap of $37.76 billion, a PE ratio of 16.17, a PEG ratio of 2.74 and a beta of 0.54.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, February 21st. The company reported $0.60 earnings per share for the quarter, topping 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 business had revenue of $5.37 billion for the quarter, compared to analyst estimates of $3.87 billion. During the same quarter in the prior year, the company earned $0.43 earnings per share. The company’s revenue was up 15.0% on a year-over-year basis. As a group, equities research analysts forecast that Exelon Co. will post 2.41 earnings per share for the current year.

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, March 4th were given a dividend of $0.38 per share. The ex-dividend date was Friday, March 1st. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.02%. This is a positive change from Exelon’s previous quarterly dividend of $0.36. Exelon’s dividend payout ratio is currently 65.24%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on EXC. StockNews.com upgraded Exelon from a “sell” rating to a “hold” rating in a report on Monday, March 25th. Wells Fargo & Company decreased their price objective on Exelon from $41.00 to $39.00 and set an “equal weight” rating on the stock in a report on Thursday, February 22nd. Mizuho upgraded Exelon from a “neutral” rating to a “buy” rating and upped their price target for the stock from $36.00 to $39.00 in a research note on Wednesday, January 10th. UBS Group cut Exelon from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $47.00 to $37.00 in a research note on Tuesday, January 2nd. Finally, TheStreet cut Exelon from a “b-” rating to a “c+” rating in a research note on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $38.92.

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.