CHICAGO TRUST Co NA Boosts Stake in Exelon Co. (NASDAQ:EXC)

CHICAGO TRUST Co NA increased its position in Exelon Co. (NASDAQ:EXCGet Rating) by 5.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,389 shares of the company’s stock after buying an additional 408 shares during the period. CHICAGO TRUST Co NA’s holdings in Exelon were worth $352,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Elmwood Wealth Management Inc. purchased a new position in shares of Exelon in the 4th quarter worth approximately $30,000. Curi Wealth Management LLC bought a new stake in Exelon in the fourth quarter worth $33,000. Missouri Trust & Investment Co bought a new stake in Exelon in the fourth quarter worth $36,000. EverSource Wealth Advisors LLC bought a new stake in Exelon in the fourth quarter worth $38,000. Finally, Citizens National Bank Trust Department bought a new stake in Exelon in the fourth quarter worth $38,000. Institutional investors own 80.35% of the company’s stock.

In other Exelon news, CEO John Tyler Anthony sold 4,451 shares of Exelon stock in a transaction dated Wednesday, May 18th. The stock was sold at an average price of $47.49, for a total value of $211,377.99. Following the transaction, the chief executive officer now owns 974 shares in the company, valued at $46,255.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Fabian Souza sold 21,400 shares of Exelon stock in a transaction dated Friday, April 1st. The shares were sold at an average price of $47.61, for a total value of $1,018,854.00. Following the completion of the transaction, the senior vice president now owns 2,337 shares in the company, valued at approximately $111,264.57. The disclosure for this sale can be found here. Insiders own 0.19% of the company’s stock.

A number of analysts recently issued reports on the company. Argus raised their price target on Exelon from $50.00 to $54.00 and gave the stock a “buy” rating in a research report on Wednesday, June 8th. KeyCorp raised their price target on Exelon from $51.00 to $53.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 20th. JPMorgan Chase & Co. upgraded Exelon from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $47.00 to $55.00 in a research report on Wednesday, April 20th. Morgan Stanley lowered their price target on Exelon from $54.00 to $52.00 and set an “overweight” rating for the company in a research report on Monday, May 23rd. Finally, Mizuho upgraded Exelon from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $43.00 to $46.00 in a research report on Friday, March 11th. Six analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $48.08.

EXC stock opened at $41.69 on Thursday. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.94 and a quick ratio of 0.88. The business has a 50-day moving average price of $47.08 and a 200 day moving average price of $48.55. The company has a market capitalization of $40.86 billion, a P/E ratio of 15.73, a PEG ratio of 2.95 and a beta of 0.56. Exelon Co. has a 1-year low of $31.30 and a 1-year high of $50.71.

Exelon (NASDAQ:EXCGet Rating) last released its quarterly earnings data on Monday, May 9th. The company reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.65 by ($0.01). Exelon had a net margin of 8.15% and a return on equity of 10.87%. During the same period in the prior year, the company earned ($0.06) earnings per share. On average, analysts anticipate that Exelon Co. will post 2.28 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 10th. Investors of record on Friday, May 13th were issued a $0.3375 dividend. The ex-dividend date was Thursday, May 12th. This represents a $1.35 annualized dividend and a dividend yield of 3.24%. Exelon’s payout ratio is currently 50.94%.

Exelon Company Profile (Get Rating)

Exelon Corporation, a utility services holding company, engages in the energy generation, delivery, and marketing businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, biomass, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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