Nikulski Financial Inc. Buys Shares of 6,625 Exelon Co. (NASDAQ:EXC)

Nikulski Financial Inc. acquired a new stake in shares of Exelon Co. (NASDAQ:EXC) during the 4th quarter, Holdings Channel.com reports. The firm acquired 6,625 shares of the company’s stock, valued at approximately $249,000.

Several other institutional investors have also modified their holdings of the business. JPMorgan Chase & Co. boosted its position in shares of Exelon by 109.0% during the third quarter. JPMorgan Chase & Co. now owns 5,884,282 shares of the company’s stock worth $238,608,000 after buying an additional 3,068,309 shares during the period. State Street Corp boosted its position in Exelon by 3.7% during the 3rd quarter. State Street Corp now owns 60,169,219 shares of the company’s stock worth $2,439,862,000 after acquiring an additional 2,156,259 shares during the last quarter. Nordea Investment Management AB grew its stake in shares of Exelon by 418.1% during the 4th quarter. Nordea Investment Management AB now owns 2,501,392 shares of the company’s stock worth $94,152,000 after acquiring an additional 2,018,604 shares in the last quarter. FMR LLC raised its holdings in shares of Exelon by 18.7% in the third quarter. FMR LLC now owns 11,782,549 shares of the company’s stock valued at $477,782,000 after purchasing an additional 1,858,502 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in shares of Exelon by 212.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,903,482 shares of the company’s stock worth $71,647,000 after purchasing an additional 1,293,753 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

Exelon stock opened at $39.38 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.66. The stock has a market cap of $39.57 billion, a PE ratio of 16.21, a P/E/G ratio of 2.61 and a beta of 0.55. Exelon Co. has a 12-month low of $33.35 and a 12-month high of $41.19. The business’s 50-day moving average price is $38.12 and its two-hundred day moving average price is $38.36.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $0.71 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $5.85 billion. During the same period in the prior year, the business earned $0.67 earnings per share. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. As a group, analysts expect that Exelon Co. will post 2.46 earnings per share for the current fiscal year.

Exelon Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, November 11th were issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 3.86%. The ex-dividend date of this dividend was Friday, November 8th. Exelon’s dividend payout ratio (DPR) is currently 62.55%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on EXC shares. Barclays decreased their target price on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a research report on Wednesday. Evercore ISI raised Exelon from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $43.00 to $44.00 in a research report on Tuesday. Scotiabank increased their price target on shares of Exelon from $40.00 to $42.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Morgan Stanley lowered their price objective on Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Finally, Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $43.13.

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.