Yousif Capital Management LLC Increases Stake in Exelon Co. (NASDAQ:EXC)

Yousif Capital Management LLC grew its position in shares of Exelon Co. (NASDAQ:EXC) by 8.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 173,617 shares of the company’s stock after buying an additional 14,075 shares during the quarter. Yousif Capital Management LLC’s holdings in Exelon were worth $6,233,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Pacer Advisors Inc. raised its position in Exelon by 85.7% during the 4th quarter. Pacer Advisors Inc. now owns 192,063 shares of the company’s stock worth $6,895,000 after buying an additional 88,614 shares during the last quarter. Duality Advisers LP raised its position in Exelon by 225.3% during the 4th quarter. Duality Advisers LP now owns 122,009 shares of the company’s stock worth $4,380,000 after buying an additional 84,498 shares during the last quarter. Raymond James & Associates raised its position in Exelon by 24.4% during the 4th quarter. Raymond James & Associates now owns 464,064 shares of the company’s stock worth $16,660,000 after buying an additional 91,088 shares during the last quarter. Invesco Ltd. raised its position in Exelon by 12.2% during the 3rd quarter. Invesco Ltd. now owns 10,069,810 shares of the company’s stock worth $380,538,000 after buying an additional 1,092,736 shares during the last quarter. Finally, Louisiana State Employees Retirement System purchased a new position in shares of Exelon in the 4th quarter valued at about $5,001,000. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

NASDAQ:EXC opened at $37.66 on Friday. Exelon Co. has a twelve month low of $33.35 and a twelve month high of $43.54. The company has a market capitalization of $37.64 billion, a P/E ratio of 16.16, a price-to-earnings-growth ratio of 2.75 and a beta of 0.54. The firm has a 50-day moving average price of $36.69 and a two-hundred day moving average price of $37.11. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 1.56.

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

Exelon Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Monday, March 4th were given a $0.38 dividend. The ex-dividend date of this dividend was Friday, March 1st. This is a boost from Exelon’s previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a dividend yield of 4.04%. Exelon’s dividend payout ratio (DPR) is currently 65.24%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. TheStreet downgraded shares of Exelon from a “b-” rating to a “c+” rating in a report on Wednesday, February 7th. StockNews.com upgraded shares of Exelon from a “sell” rating to a “hold” rating in a report on Monday, March 25th. Barclays increased their price target on shares of Exelon from $36.00 to $39.00 and gave the company an “overweight” rating in a report on Thursday, March 14th. Mizuho upgraded shares of Exelon from a “neutral” rating to a “buy” rating and increased their price target for the company from $36.00 to $39.00 in a report on Wednesday, January 10th. Finally, Scotiabank cut their price target on shares of Exelon from $39.00 to $37.00 and set a “sector perform” rating for the company in a report on Monday. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Exelon presently has a consensus rating of “Hold” and a consensus price target of $38.92.

About Exelon

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.