Caisse DE Depot ET Placement DU Quebec grew its stake in shares of Exelon Corporation (NYSE:EXC) by 61.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,018,665 shares of the energy giant’s stock after purchasing an additional 386,600 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned 0.11% of Exelon worth $38,535,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Acadian Asset Management LLC lifted its stake in shares of Exelon by 51.4% in the second quarter. Acadian Asset Management LLC now owns 14,001 shares of the energy giant’s stock worth $505,000 after acquiring an additional 4,755 shares in the last quarter. Bessemer Group Inc. lifted its stake in shares of Exelon by 23.3% in the second quarter. Bessemer Group Inc. now owns 85,623 shares of the energy giant’s stock worth $3,089,000 after acquiring an additional 16,154 shares in the last quarter. Daiwa Securities Group Inc. lifted its stake in shares of Exelon by 2.9% in the second quarter. Daiwa Securities Group Inc. now owns 26,276 shares of the energy giant’s stock worth $948,000 after acquiring an additional 750 shares in the last quarter. Stratos Wealth Partners LTD. lifted its stake in shares of Exelon by 8.6% in the second quarter. Stratos Wealth Partners LTD. now owns 11,599 shares of the energy giant’s stock worth $418,000 after acquiring an additional 916 shares in the last quarter. Finally, Candriam Luxembourg S.C.A. lifted its stake in shares of Exelon by 3.4% in the second quarter. Candriam Luxembourg S.C.A. now owns 75,034 shares of the energy giant’s stock worth $2,707,000 after acquiring an additional 2,478 shares in the last quarter. Institutional investors own 77.45% of the company’s stock.

Several research analysts recently commented on the company. Royal Bank Of Canada reiterated a “buy” rating and issued a $43.00 price target on shares of Exelon in a research note on Tuesday, November 7th. Bank of America assumed coverage on Exelon in a research note on Tuesday, October 24th. They issued a “buy” rating and a $43.00 price target on the stock. Zacks Investment Research upgraded Exelon from a “sell” rating to a “hold” rating in a research note on Friday, October 20th. SunTrust Banks reiterated a “buy” rating and issued a $41.00 price target on shares of Exelon in a research note on Thursday, October 12th. Finally, J P Morgan Chase & Co boosted their price target on Exelon from $40.00 to $42.00 and gave the stock an “overweight” rating in a research note on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $40.64.

In other news, EVP Kenneth W. Cornew sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $37.44, for a total transaction of $936,000.00. Following the completion of the transaction, the executive vice president now directly owns 28,363 shares of the company’s stock, valued at $1,061,910.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paymon Aliabadi sold 13,333 shares of the company’s stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $38.31, for a total value of $510,787.23. Following the transaction, the executive vice president now directly owns 39,769 shares of the company’s stock, valued at $1,523,550.39. The disclosure for this sale can be found here. Insiders have sold 1,312,787 shares of company stock worth $52,683,909 in the last 90 days. 0.70% of the stock is currently owned by insiders.

Shares of Exelon Corporation (NYSE:EXC) traded down $0.31 during midday trading on Wednesday, reaching $41.25. The company’s stock had a trading volume of 6,139,600 shares, compared to its average volume of 4,857,470. Exelon Corporation has a 12-month low of $32.97 and a 12-month high of $42.67. The firm has a market capitalization of $39,901.25, a PE ratio of 16.76, a P/E/G ratio of 3.62 and a beta of 0.30. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.03 and a quick ratio of 0.89.

Exelon (NYSE:EXC) last announced its quarterly earnings data on Thursday, November 2nd. The energy giant reported $0.85 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.86 by ($0.01). Exelon had a net margin of 6.59% and a return on equity of 8.19%. The firm had revenue of $8.77 billion for the quarter, compared to analyst estimates of $8.58 billion. During the same quarter in the previous year, the company earned $0.91 EPS. The company’s quarterly revenue was down 2.6% compared to the same quarter last year. research analysts anticipate that Exelon Corporation will post 2.65 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Wednesday, November 15th will be paid a dividend of $0.3275 per share. This represents a $1.31 annualized dividend and a yield of 3.18%. The ex-dividend date is Tuesday, November 14th. Exelon’s payout ratio is currently 58.74%.

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Exelon Profile

Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.

Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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