RD Lewis Holdings Inc. Invests $219,000 in Exelon Co. (NASDAQ:EXC)

RD Lewis Holdings Inc. bought a new stake in shares of Exelon Co. (NASDAQ:EXC) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 5,297 shares of the company’s stock, valued at approximately $219,000.

Other hedge funds have also modified their holdings of the company. Rosenberg Matthew Hamilton boosted its position in Exelon by 12.6% during the 4th quarter. Rosenberg Matthew Hamilton now owns 2,457 shares of the company’s stock valued at $92,000 after purchasing an additional 275 shares during the period. Wesbanco Bank Inc. boosted its position in Exelon by 3.1% during the 4th quarter. Wesbanco Bank Inc. now owns 9,951 shares of the company’s stock valued at $375,000 after purchasing an additional 296 shares during the period. PFG Investments LLC boosted its position in Exelon by 2.4% during the 4th quarter. PFG Investments LLC now owns 13,151 shares of the company’s stock valued at $495,000 after purchasing an additional 305 shares during the period. Stratos Wealth Partners LTD. boosted its position in Exelon by 1.7% during the 4th quarter. Stratos Wealth Partners LTD. now owns 18,505 shares of the company’s stock valued at $697,000 after purchasing an additional 311 shares during the period. Finally, Blue Trust Inc. boosted its position in Exelon by 3.0% during the 4th quarter. Blue Trust Inc. now owns 11,085 shares of the company’s stock valued at $450,000 after purchasing an additional 322 shares during the period. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total transaction of $59,353.91. Following the transaction, the executive vice president now owns 2,271 shares in the company, valued at approximately $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Exelon Stock Up 0.5 %

Shares of Exelon stock opened at $44.39 on Tuesday. The stock’s fifty day moving average is $41.45 and its 200-day moving average is $39.80. The firm has a market capitalization of $44.62 billion, a PE ratio of 18.12, a price-to-earnings-growth ratio of 2.86 and a beta of 0.51. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61. Exelon Co. has a 12-month low of $34.01 and a 12-month high of $45.20.

Exelon (NASDAQ:EXC) last announced its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Exelon had a return on equity of 9.52% and a net margin of 10.68%. During the same quarter last year, the firm earned $0.60 EPS. Equities analysts anticipate that Exelon Co. will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were issued a dividend of $0.40 per share. This is an increase from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, February 24th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.60%. Exelon’s payout ratio is currently 65.31%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on EXC shares. BMO Capital Markets restated an “outperform” rating on shares of Exelon in a research report on Tuesday, February 4th. Barclays lifted their target price on Exelon from $42.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday, February 25th. Scotiabank lifted their target price on Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research note on Thursday, February 13th. Evercore ISI raised Exelon from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $43.00 to $44.00 in a research note on Tuesday, January 21st. Finally, Morgan Stanley cut their target price on Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Friday, November 22nd. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $44.13.

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.