Charles Schwab Investment Management Inc. Has $210.15 Million Holdings in Exelon Co. (NASDAQ:EXC)

Charles Schwab Investment Management Inc. increased its holdings in shares of Exelon Co. (NASDAQ:EXC) by 1.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,853,617 shares of the company’s stock after purchasing an additional 109,263 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.59% of Exelon worth $210,145,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Addison Advisors LLC grew its position in shares of Exelon by 50.3% in the 3rd quarter. Addison Advisors LLC now owns 825 shares of the company’s stock valued at $31,000 after acquiring an additional 276 shares during the period. Moors & Cabot Inc. increased its position in Exelon by 4.5% during the third quarter. Moors & Cabot Inc. now owns 7,005 shares of the company’s stock worth $265,000 after buying an additional 303 shares during the last quarter. Verdence Capital Advisors LLC raised its stake in Exelon by 4.6% in the third quarter. Verdence Capital Advisors LLC now owns 7,088 shares of the company’s stock valued at $268,000 after buying an additional 309 shares during the period. Abundance Wealth Counselors lifted its position in shares of Exelon by 2.2% in the third quarter. Abundance Wealth Counselors now owns 15,855 shares of the company’s stock valued at $599,000 after buying an additional 339 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. boosted its stake in shares of Exelon by 6.2% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 5,912 shares of the company’s stock worth $212,000 after acquiring an additional 347 shares during the period. Institutional investors own 80.92% of the company’s stock.

Exelon Trading Down 0.2 %

Shares of Exelon stock opened at $37.82 on Thursday. The company has a current ratio of 1.03, a quick ratio of 0.93 and a debt-to-equity ratio of 1.64. The stock has a fifty day simple moving average of $37.02 and a 200 day simple moving average of $36.96. Exelon Co. has a 12-month low of $33.35 and a 12-month high of $43.53. The company has a market capitalization of $37.82 billion, a P/E ratio of 16.30, a price-to-earnings-growth ratio of 2.71 and a beta of 0.53.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, February 21st. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.58 by $0.02. The firm had revenue of $5.37 billion during the quarter, compared to analyst estimates of $3.87 billion. Exelon had a net margin of 10.44% and a return on equity of 9.27%. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter last year, the business posted $0.43 EPS. On average, sell-side analysts anticipate that Exelon Co. will post 2.43 earnings per share for the current fiscal year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Monday, May 13th will be issued a $0.38 dividend. The ex-dividend date is Friday, May 10th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.02%. Exelon’s dividend payout ratio (DPR) is presently 65.52%.

Analysts Set New Price Targets

A number of brokerages have commented on EXC. Scotiabank decreased their price objective on Exelon from $39.00 to $37.00 and set a “sector perform” rating on the stock in a report on Monday, April 22nd. BMO Capital Markets boosted their price target on Exelon from $40.00 to $42.00 and gave the company an “outperform” rating in a research note on Friday, May 3rd. TheStreet lowered Exelon from a “b-” rating to a “c+” rating in a research note on Wednesday, February 7th. Wells Fargo & Company lifted their price objective on Exelon from $39.00 to $40.00 and gave the company an “equal weight” rating in a report on Friday, May 3rd. Finally, Barclays boosted their price target on Exelon from $36.00 to $39.00 and gave the company an “overweight” rating in a research note on Thursday, March 14th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $38.83.

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.