Toronto Dominion Bank Has $24.62 Million Holdings in Exelon Co. (NASDAQ:EXC)

Toronto Dominion Bank boosted its position in shares of Exelon Co. (NASDAQ:EXC) by 19.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 607,190 shares of the company’s stock after acquiring an additional 97,468 shares during the period. Toronto Dominion Bank owned 0.06% of Exelon worth $24,622,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of EXC. HITE Hedge Asset Management LLC increased its stake in Exelon by 431.3% during the third quarter. HITE Hedge Asset Management LLC now owns 395,840 shares of the company’s stock valued at $16,051,000 after acquiring an additional 321,333 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Exelon by 2.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 6,446,408 shares of the company’s stock valued at $261,402,000 after purchasing an additional 123,466 shares in the last quarter. Andra AP fonden lifted its position in Exelon by 56.4% in the second quarter. Andra AP fonden now owns 138,100 shares of the company’s stock worth $4,780,000 after purchasing an additional 49,800 shares during the period. Candriam S.C.A. boosted its stake in Exelon by 19.0% during the second quarter. Candriam S.C.A. now owns 140,560 shares of the company’s stock worth $4,865,000 after buying an additional 22,463 shares in the last quarter. Finally, Banco Santander S.A. bought a new stake in Exelon in the 3rd quarter valued at $4,717,000. 80.92% of the stock is currently owned by institutional investors.

Exelon Stock Up 0.2 %

NASDAQ EXC opened at $36.83 on Friday. The stock has a market capitalization of $37.01 billion, a P/E ratio of 15.16, a price-to-earnings-growth ratio of 2.62 and a beta of 0.54. Exelon Co. has a 52 week low of $33.35 and a 52 week high of $41.42. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.97 and a current ratio of 1.09. The stock has a fifty day moving average of $39.09 and a 200-day moving average of $37.86.

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

Exelon Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Monday, November 11th will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 4.13%. The ex-dividend date is Friday, November 8th. Exelon’s payout ratio is 62.55%.

Analyst Upgrades and Downgrades

EXC has been the subject of a number of analyst reports. Jefferies Financial Group initiated coverage on shares of Exelon in a report on Thursday, September 19th. They set a “buy” rating and a $46.00 price objective for the company. Morgan Stanley decreased their price objective on Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. UBS Group raised their target price on Exelon from $40.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, September 20th. Barclays upped their price target on Exelon from $41.00 to $44.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. Finally, Scotiabank increased their target price on shares of Exelon from $40.00 to $42.00 and gave the stock a “sector perform” rating in a research report on Thursday. Eleven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $41.42.

Exelon 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.