Trilogy Capital Inc. Buys Shares of 14,465 Exelon Co. (EXC)
Trilogy Capital Inc. bought a new stake in Exelon Co. (NYSE:EXC) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 14,465 shares of the energy giant’s stock, valued at approximately $570,000.
Other large investors have also recently added to or reduced their stakes in the company. Swiss National Bank lifted its holdings in shares of Exelon by 3.8% during the 4th quarter. Swiss National Bank now owns 3,541,830 shares of the energy giant’s stock worth $139,584,000 after acquiring an additional 129,200 shares during the period. California Public Employees Retirement System lifted its holdings in shares of Exelon by 5.0% during the 4th quarter. California Public Employees Retirement System now owns 3,058,048 shares of the energy giant’s stock worth $120,518,000 after acquiring an additional 145,357 shares during the period. Regal Investment Advisors LLC lifted its holdings in shares of Exelon by 8.1% during the 4th quarter. Regal Investment Advisors LLC now owns 21,315 shares of the energy giant’s stock worth $840,000 after acquiring an additional 1,605 shares during the period. BT Investment Management Ltd lifted its holdings in shares of Exelon by 26.7% during the 4th quarter. BT Investment Management Ltd now owns 246,106 shares of the energy giant’s stock worth $9,699,000 after acquiring an additional 51,841 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its holdings in shares of Exelon by 4.0% during the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 152,384 shares of the energy giant’s stock worth $5,952,000 after acquiring an additional 5,833 shares during the period. Institutional investors own 78.01% of the company’s stock.
Several research analysts have recently weighed in on EXC shares. Zacks Investment Research upgraded shares of Exelon from a “hold” rating to a “buy” rating and set a $43.00 price objective on the stock in a report on Wednesday, January 24th. Royal Bank of Canada restated a “buy” rating and issued a $43.00 price target on shares of Exelon in a report on Tuesday, November 7th. Bank of America started coverage on shares of Exelon in a report on Tuesday, October 24th. They issued a “buy” rating and a $43.00 price target on the stock. SunTrust Banks set a $42.00 price target on shares of Exelon and gave the company a “buy” rating in a report on Monday, February 5th. Finally, UBS Group started coverage on shares of Exelon in a report on Friday, February 2nd. They issued a “buy” rating and a $44.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $41.03.
Exelon (NYSE:EXC) last released its quarterly earnings results on Wednesday, February 7th. The energy giant reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.05). Exelon had a return on equity of 8.35% and a net margin of 11.53%. The company had revenue of $8.38 billion for the quarter, compared to analyst estimates of $7.66 billion. During the same period in the previous year, the business posted $0.44 EPS. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. equities research analysts forecast that Exelon Co. will post 3.06 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Thursday, February 15th will be given a dividend of $0.345 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 3.74%. This is an increase from Exelon’s previous quarterly dividend of $0.33. Exelon’s dividend payout ratio (DPR) is presently 33.16%.
In other Exelon news, EVP Paymon Aliabadi sold 13,334 shares of Exelon stock in a transaction on Friday, December 8th. The shares were sold at an average price of $40.62, for a total value of $541,627.08. Following the completion of the transaction, the executive vice president now owns 26,435 shares of the company’s stock, valued at $1,073,789.70. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.70% of the stock is currently owned by company insiders.
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Exelon Company 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.
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