UniSuper Management Pty Ltd Has $3.40 Million Stock Holdings in Exelon Co. (NASDAQ:EXC)

UniSuper Management Pty Ltd boosted its holdings in Exelon Co. (NASDAQ:EXC) by 25.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 90,396 shares of the company’s stock after buying an additional 18,243 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Exelon were worth $3,403,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EXC. Millstone Evans Group LLC bought a new stake in shares of Exelon during the 4th quarter valued at approximately $28,000. Stephens Consulting LLC increased its holdings in shares of Exelon by 78.1% during the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock worth $29,000 after buying an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. bought a new position in shares of Exelon in the 4th quarter valued at $30,000. Crews Bank & Trust acquired a new stake in shares of Exelon during the 4th quarter valued at $34,000. Finally, Capital Advisors Ltd. LLC raised its position in Exelon by 119.6% in the fourth quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock valued at $35,000 after purchasing an additional 513 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Trading Up 1.0 %

NASDAQ:EXC opened at $44.71 on Friday. Exelon Co. has a 52 week low of $34.01 and a 52 week high of $45.20. The firm’s fifty day moving average is $42.51 and its 200-day moving average is $40.13. The firm has a market cap of $45.14 billion, a P/E ratio of 18.25, a P/E/G ratio of 2.86 and a beta of 0.51. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87.

Exelon (NASDAQ:EXC) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Exelon had a return on equity of 9.52% and a net margin of 10.68%. During the same quarter in the prior year, the company posted $0.60 earnings per share. Equities analysts expect that Exelon Co. will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, February 24th were issued a $0.40 dividend. This is an increase from Exelon’s previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date of this dividend was Monday, February 24th. Exelon’s payout ratio is presently 65.31%.

Wall Street Analysts Forecast Growth

EXC has been the topic of several research reports. Scotiabank boosted their price target on Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a report on Thursday, February 13th. BMO Capital Markets reissued an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. UBS Group raised their price target on shares of Exelon from $45.00 to $47.00 and gave the company a “neutral” rating in a research note on Friday, March 21st. Morgan Stanley lifted their price target on shares of Exelon from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Thursday, March 20th. Finally, Guggenheim upgraded Exelon from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $45.13.

Insider Buying and Selling at Exelon

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total value 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 approximately $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.10% of the company’s stock.

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.