Exelon Co. (NASDAQ:EXC) Shares Bought by Mizuho Securities USA LLC

Mizuho Securities USA LLC grew its holdings in shares of Exelon Co. (NASDAQ:EXC) by 46.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 95,235 shares of the company’s stock after purchasing an additional 30,390 shares during the quarter. Mizuho Securities USA LLC’s holdings in Exelon were worth $3,585,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Empowered Funds LLC boosted its position in shares of Exelon by 8.8% during the 3rd quarter. Empowered Funds LLC now owns 16,980 shares of the company’s stock valued at $689,000 after acquiring an additional 1,367 shares during the last quarter. Prospera Financial Services Inc boosted its position in shares of Exelon by 16.9% during the 3rd quarter. Prospera Financial Services Inc now owns 11,511 shares of the company’s stock valued at $467,000 after acquiring an additional 1,661 shares during the last quarter. Commerce Bank boosted its position in shares of Exelon by 1.4% during the 3rd quarter. Commerce Bank now owns 49,290 shares of the company’s stock valued at $1,999,000 after acquiring an additional 674 shares during the last quarter. Intech Investment Management LLC boosted its position in shares of Exelon by 10.0% during the 3rd quarter. Intech Investment Management LLC now owns 73,415 shares of the company’s stock valued at $2,977,000 after acquiring an additional 6,704 shares during the last quarter. Finally, Raymond James Trust N.A. boosted its position in shares of Exelon by 4.1% during the 3rd quarter. Raymond James Trust N.A. now owns 21,185 shares of the company’s stock valued at $859,000 after acquiring an additional 838 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Down 1.8 %

Shares of NASDAQ:EXC opened at $43.80 on Monday. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. The firm has a market capitalization of $44.03 billion, a PE ratio of 17.88, a price-to-earnings-growth ratio of 2.86 and a beta of 0.51. The firm’s 50-day moving average is $41.97 and its two-hundred day moving average is $39.97. Exelon Co. has a 1 year low of $34.01 and a 1 year high of $45.20.

Exelon (NASDAQ:EXC) last issued its quarterly 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 net margin of 10.68% and a return on equity of 9.52%. During the same quarter last year, the firm earned $0.60 EPS. Analysts predict that Exelon Co. will post 2.64 EPS for the current year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.65%. This is a positive change from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, February 24th. Exelon’s dividend payout ratio is presently 65.31%.

Insider Buying and Selling

In related news, EVP Colette D. Honorable sold 1,463 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the sale, the executive vice president now directly owns 2,271 shares in the company, valued at approximately $92,134.47. This represents a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

EXC has been the topic of several recent research reports. Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and boosted their price target for the company from $43.00 to $44.00 in a research report on Tuesday, January 21st. Morgan Stanley upped their target price on shares of Exelon from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Thursday. Barclays upped their target price on shares of Exelon from $42.00 to $48.00 and gave the company an “overweight” rating in a research report on Tuesday, February 25th. Scotiabank upped their target price on shares of Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research report on Thursday, February 13th. Finally, UBS Group upped their target price on shares of Exelon from $45.00 to $47.00 and gave the company a “neutral” rating in a research report on Friday. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $45.13.

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.