Avestar Capital LLC Has $210,000 Holdings in Exelon Co. (NASDAQ:EXC)

Avestar Capital LLC increased its stake in shares of Exelon Co. (NASDAQ:EXC) by 10.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 5,575 shares of the company’s stock after acquiring an additional 508 shares during the period. Avestar Capital LLC’s holdings in Exelon were worth $210,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Stephens Consulting LLC raised its holdings in Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock worth $29,000 after acquiring an additional 343 shares during the period. Brown Lisle Cummings Inc. acquired a new stake in shares of Exelon in the fourth quarter valued at about $30,000. Ashton Thomas Securities LLC bought a new position in shares of Exelon in the third quarter worth about $32,000. Crews Bank & Trust acquired a new position in shares of Exelon during the 4th quarter worth about $34,000. Finally, Versant Capital Management Inc boosted its stake in Exelon by 56.7% during the 4th quarter. Versant Capital Management Inc now owns 1,047 shares of the company’s stock valued at $39,000 after purchasing an additional 379 shares during the period. 80.92% of the stock is owned by institutional investors.

Exelon Stock Down 0.3 %

Shares of EXC opened at $42.85 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 company has a 50-day moving average price of $38.82 and a two-hundred day moving average price of $38.93. The stock has a market cap of $43.06 billion, a price-to-earnings ratio of 17.63, a P/E/G ratio of 2.74 and a beta of 0.56. Exelon Co. has a 12 month low of $34.01 and a 12 month high of $43.45.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.59 by $0.05. Exelon had a return on equity of 9.47% and a net margin of 10.60%. During the same period last year, the business posted $0.60 EPS. Equities analysts predict that Exelon Co. will post 2.46 EPS for the current fiscal year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, February 24th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, February 24th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.73%. This is a boost from Exelon’s previous quarterly dividend of $0.38. Exelon’s dividend payout ratio (DPR) is 62.55%.

Insider Activity at Exelon

In related news, EVP Colette D. Honorable sold 1,463 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total transaction of $59,353.91. Following the completion of the sale, the executive vice president now directly owns 2,271 shares of the company’s stock, valued at $92,134.47. This trade represents a 39.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

EXC has been the topic of several recent analyst reports. Guggenheim raised Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Morgan Stanley dropped their target price on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and increased their price target for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Barclays dropped their price objective on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, January 22nd. Finally, Scotiabank lifted their target price on Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research report on Thursday. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $43.38.

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.