B. Metzler seel. Sohn & Co. Holding AG Buys Shares of 191,795 Exelon Co. (NASDAQ:EXC)

B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Exelon Co. (NASDAQ:EXC) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 191,795 shares of the company’s stock, valued at approximately $7,777,000.

Several other institutional investors also recently bought and sold shares of the company. Banque Cantonale Vaudoise increased its holdings in Exelon by 148.3% during the 3rd quarter. Banque Cantonale Vaudoise now owns 79,902 shares of the company’s stock worth $3,240,000 after purchasing an additional 47,723 shares during the period. Fifth Third Wealth Advisors LLC increased its position in shares of Exelon by 2.3% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 15,443 shares of the company’s stock valued at $626,000 after purchasing an additional 345 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 worth $467,000 after acquiring an additional 1,661 shares in the last quarter. Caprock Group LLC increased its holdings in shares of Exelon by 20.8% in the 3rd quarter. Caprock Group LLC now owns 39,459 shares of the company’s stock valued at $1,600,000 after acquiring an additional 6,789 shares during the last quarter. Finally, New England Asset Management Inc. raised its position in shares of Exelon by 1.3% during the 3rd quarter. New England Asset Management Inc. now owns 139,510 shares of the company’s stock worth $5,657,000 after acquiring an additional 1,825 shares in the last quarter. 80.92% of the stock is owned by institutional investors and hedge funds.

Exelon Trading Down 0.3 %

NASDAQ:EXC opened at $39.10 on Wednesday. Exelon Co. has a 12-month low of $33.35 and a 12-month high of $41.42. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.66. The stock’s 50 day simple moving average is $39.69 and its 200-day simple moving average is $37.81. The firm has a market cap of $39.29 billion, a P/E ratio of 16.09, a PEG ratio of 2.79 and a beta of 0.54.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.04. Exelon had a net margin of 10.60% and a return on equity of 9.47%. The company had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $5.85 billion. During the same period in the previous year, the company posted $0.67 EPS. Exelon’s revenue was up 2.9% compared to the same quarter last year. Equities analysts anticipate that Exelon Co. will post 2.45 EPS for the current year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Monday, November 11th will be given a $0.38 dividend. The ex-dividend date is Friday, November 8th. This represents a $1.52 dividend on an annualized basis and a yield of 3.89%. Exelon’s payout ratio is currently 62.55%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Morgan Stanley upped their price target 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 increased their target price on shares of Exelon from $40.00 to $43.00 and gave the company a “neutral” rating in a research report on Friday, September 20th. Scotiabank boosted their price target on shares of Exelon from $37.00 to $40.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 20th. Barclays raised their price objective on Exelon from $41.00 to $44.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th. Finally, Wells Fargo & Company boosted their target price on Exelon from $40.00 to $42.00 and gave the company an “equal weight” rating in a report on Friday, August 2nd. Eleven research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Exelon currently has an average rating of “Hold” and a consensus price target of $41.33.

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.