Mufg Securities Americas Inc. Buys Shares of 14,833 Exelon Co. (NASDAQ:EXC)

Mufg Securities Americas Inc. bought a new position in shares of Exelon Co. (NASDAQ:EXC) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 14,833 shares of the company’s stock, valued at approximately $558,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Millstone Evans Group LLC bought a new position in Exelon during the 4th quarter worth approximately $28,000. Stephens Consulting LLC increased its stake in Exelon by 78.1% in the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after purchasing an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. acquired a new stake in Exelon in the fourth quarter worth $30,000. Crews Bank & Trust bought a new position in shares of Exelon during the fourth quarter worth $34,000. Finally, Capital Advisors Ltd. LLC grew its holdings in shares of Exelon by 119.6% in the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock valued at $35,000 after buying an additional 513 shares during the period. 80.92% of the stock is owned by institutional investors.

Exelon Trading Up 2.8%

NASDAQ EXC opened at $43.43 on Friday. Exelon Co. has a 52 week low of $34.01 and a 52 week high of $48.11. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87. The stock’s 50 day moving average price is $45.22 and its two-hundred day moving average price is $41.51. The stock has a market capitalization of $43.84 billion, a price-to-earnings ratio of 17.73, a PEG ratio of 2.86 and a beta of 0.43.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.06. The business had revenue of $6.71 billion for the quarter, compared to analyst estimates of $6.30 billion. Exelon had a net margin of 10.68% and a return on equity of 9.52%. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.68 earnings per share. As a group, analysts anticipate that Exelon Co. will post 2.64 earnings per share for the current fiscal year.

Exelon Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Monday, May 12th will be paid a dividend of $0.40 per share. The ex-dividend date is Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.68%. Exelon’s dividend payout ratio is 59.48%.

Analysts Set New Price Targets

Several analysts recently commented on the company. BMO Capital Markets raised their price objective on Exelon from $46.00 to $50.00 and gave the stock an “outperform” rating in a research note on Monday, April 28th. Guggenheim raised their price target on Exelon from $47.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, May 2nd. Scotiabank boosted their price objective on Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research report on Thursday, February 13th. Wells Fargo & Company increased their target price on Exelon from $46.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Friday, May 2nd. Finally, Evercore ISI lifted their price target on shares of Exelon from $48.00 to $51.00 and gave the company an “in-line” rating in a research note on Friday, May 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, Exelon currently has an average rating of “Hold” and an average target price of $47.30.

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.