ST Germain D J Co. Inc. Grows Position in Exelon Co. (NASDAQ:EXC)

ST Germain D J Co. Inc. grew its stake in shares of Exelon Co. (NASDAQ:EXC) by 29.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,647 shares of the company’s stock after acquiring an additional 375 shares during the period. ST Germain D J Co. Inc.’s holdings in Exelon were worth $67,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in EXC. Crewe Advisors LLC acquired a new stake in shares of Exelon in the first quarter valued at about $26,000. American National Bank & Trust lifted its position in shares of Exelon by 178.8% during the 3rd quarter. American National Bank & Trust now owns 697 shares of the company’s stock valued at $28,000 after acquiring an additional 447 shares during the period. Register Financial Advisors LLC purchased a new stake in shares of Exelon during the 1st quarter worth approximately $26,000. Versant Capital Management Inc grew its holdings in shares of Exelon by 646.2% in the 2nd quarter. Versant Capital Management Inc now owns 776 shares of the company’s stock worth $27,000 after acquiring an additional 672 shares during the period. Finally, J.Safra Asset Management Corp purchased a new position in Exelon in the 2nd quarter valued at approximately $28,000. 80.92% of the stock is owned by institutional investors and hedge funds.

Exelon Stock Performance

Exelon stock opened at $40.95 on Friday. The stock has a fifty day moving average price of $39.17 and a 200 day moving average price of $37.52. The company has a current ratio of 1.03, a quick ratio of 0.93 and a debt-to-equity ratio of 1.66. Exelon Co. has a 52 week low of $33.35 and a 52 week high of $41.48. The firm has a market capitalization of $40.97 billion, a P/E ratio of 16.85, a PEG ratio of 2.89 and a beta of 0.53.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.07. Exelon had a net margin of 10.65% and a return on equity of 9.40%. The business had revenue of $5.36 billion for the quarter, compared to analyst estimates of $4.98 billion. During the same period in the prior year, the firm posted $0.41 EPS. Equities research analysts anticipate that Exelon Co. will post 2.45 earnings per share for the current year.

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Monday, August 12th were given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 3.71%. The ex-dividend date was Monday, August 12th. Exelon’s dividend payout ratio (DPR) is currently 62.55%.

Analysts Set New Price Targets

EXC has been the topic of several research reports. Morgan Stanley upped their target price on Exelon from $42.00 to $45.00 and gave the company an “equal weight” rating in a report on Wednesday, September 25th. UBS Group raised their target price on shares of Exelon from $40.00 to $43.00 and gave the company a “neutral” rating in a report on Friday, September 20th. Scotiabank lifted their target price on shares of Exelon from $37.00 to $40.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 20th. Wells Fargo & Company increased their price target on shares of Exelon from $40.00 to $42.00 and gave the company an “equal weight” rating in a research report on Friday, August 2nd. Finally, Jefferies Financial Group began coverage on Exelon in a research report on Thursday, September 19th. They set a “buy” rating and a $46.00 price objective for the company. Eleven analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Exelon presently has an average rating of “Hold” and a consensus price target of $41.33.

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.