Public Employees Retirement Association of Colorado Buys 106,825 Shares of Exelon Co. (NASDAQ:EXC)

Public Employees Retirement Association of Colorado boosted its stake in shares of Exelon Co. (NASDAQ:EXCFree Report) by 277.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 145,306 shares of the company’s stock after acquiring an additional 106,825 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Exelon were worth $5,216,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Tower Research Capital LLC TRC grew its position in shares of Exelon by 10.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 142,284 shares of the company’s stock valued at $5,108,000 after purchasing an additional 13,839 shares in the last quarter. First Trust Advisors LP grew its holdings in Exelon by 11.9% during the 4th quarter. First Trust Advisors LP now owns 3,096,839 shares of the company’s stock valued at $111,177,000 after buying an additional 328,785 shares in the last quarter. Blueshift Asset Management LLC bought a new stake in Exelon in the 4th quarter worth approximately $201,000. Peapack Gladstone Financial Corp raised its holdings in shares of Exelon by 2.4% during the 4th quarter. Peapack Gladstone Financial Corp now owns 32,095 shares of the company’s stock worth $1,152,000 after acquiring an additional 761 shares in the last quarter. Finally, Rafferty Asset Management LLC boosted its position in shares of Exelon by 36.9% during the 4th quarter. Rafferty Asset Management LLC now owns 415,907 shares of the company’s stock valued at $14,931,000 after acquiring an additional 112,065 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Price Performance

Shares of EXC stock opened at $36.17 on Friday. The company has a market capitalization of $36.17 billion, a P/E ratio of 15.59, a P/E/G ratio of 2.66 and a beta of 0.52. The company’s 50-day simple moving average is $37.40 and its two-hundred day simple moving average is $36.70. Exelon Co. has a one year low of $33.35 and a one year high of $43.53. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.03 and a quick ratio of 0.93.

Exelon (NASDAQ:EXCGet Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.01). The firm had revenue of $6.04 billion during the quarter, compared to the consensus estimate of $5.70 billion. Exelon had a return on equity of 9.27% and a net margin of 10.44%. As a group, equities analysts anticipate that Exelon Co. will post 2.43 EPS for the current year.

Exelon Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Monday, May 13th will be issued a $0.38 dividend. The ex-dividend date is Friday, May 10th. This represents a $1.52 annualized dividend and a dividend yield of 4.20%. Exelon’s payout ratio is currently 65.52%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on EXC. Wells Fargo & Company upped their price target on shares of Exelon from $39.00 to $40.00 and gave the company an “equal weight” rating in a research note on Friday, May 3rd. BMO Capital Markets lifted their price target on Exelon from $40.00 to $42.00 and gave the stock an “outperform” rating in a research report on Friday, May 3rd. StockNews.com upgraded Exelon from a “sell” rating to a “hold” rating in a research report on Monday, March 25th. Barclays boosted their target price on Exelon from $36.00 to $39.00 and gave the company an “overweight” rating in a research report on Thursday, March 14th. Finally, Morgan Stanley raised their price target on Exelon from $38.00 to $41.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 28th. Eleven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $39.09.

View Our Latest Analysis on Exelon

Exelon Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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