GSA Capital Partners LLP Has $1.04 Million Position in Exelon Co. (NASDAQ:EXC)

GSA Capital Partners LLP grew its holdings in Exelon Co. (NASDAQ:EXC) by 209.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 25,607 shares of the company’s stock after buying an additional 17,334 shares during the quarter. GSA Capital Partners LLP’s holdings in Exelon were worth $1,038,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in EXC. Crewe Advisors LLC bought a new stake in Exelon during the 1st quarter worth about $26,000. Versant Capital Management Inc lifted its position in shares of Exelon by 646.2% during the second quarter. Versant Capital Management Inc now owns 776 shares of the company’s stock worth $27,000 after purchasing an additional 672 shares in the last quarter. J.Safra Asset Management Corp bought a new stake in shares of Exelon during the second quarter valued at approximately $28,000. American National Bank & Trust increased its holdings in shares of Exelon by 178.8% in the third quarter. American National Bank & Trust now owns 697 shares of the company’s stock valued at $28,000 after purchasing an additional 447 shares in the last quarter. Finally, Abound Wealth Management raised its position in Exelon by 502.7% in the 2nd quarter. Abound Wealth Management now owns 892 shares of the company’s stock worth $31,000 after purchasing an additional 744 shares during the last quarter. 80.92% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

EXC has been the topic of a number of recent research reports. UBS Group increased their price objective on Exelon from $40.00 to $43.00 and gave the company a “neutral” rating in a research report on Friday, September 20th. Morgan Stanley lifted their price objective on Exelon from $42.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Wednesday, September 25th. Barclays upped their target price on shares of Exelon from $41.00 to $44.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. Wells Fargo & Company lifted their price target on shares of Exelon from $40.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, August 2nd. Finally, Scotiabank increased their price objective on shares of Exelon from $37.00 to $40.00 and gave the company a “sector perform” rating in a report on Tuesday, August 20th. Eleven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Exelon presently has a consensus rating of “Hold” and a consensus price target of $41.33.

Exelon Stock Performance

Shares of Exelon stock opened at $39.11 on Friday. Exelon Co. has a 12 month low of $33.35 and a 12 month high of $41.42. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.66. The company has a market capitalization of $39.30 billion, a PE ratio of 16.09, a PEG ratio of 2.72 and a beta of 0.54. The stock’s fifty day simple moving average is $39.68 and its 200 day simple moving average is $37.79.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.04. Exelon had a return on equity of 9.47% and a net margin of 10.60%. The business had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $5.85 billion. During the same quarter in the previous year, the business posted $0.67 EPS. Exelon’s revenue for the quarter was up 2.9% on a year-over-year basis. On average, research analysts predict that Exelon Co. will post 2.45 EPS for the current year.

Exelon Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Monday, November 11th will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 3.89%. The ex-dividend date of this dividend is Friday, November 8th. Exelon’s dividend payout ratio is 62.55%.

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.