Exelon Co. (NASDAQ:EXC) Shares Acquired by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI increased its stake in shares of Exelon Co. (NASDAQ:EXC) by 10.1% in the 4th quarter, HoldingsChannel reports. The firm owned 55,862 shares of the company’s stock after purchasing an additional 5,114 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Exelon were worth $2,103,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Stephens Consulting LLC boosted its stake in shares of Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after buying an additional 343 shares during the period. Brown Lisle Cummings Inc. purchased a new position in Exelon in the fourth quarter worth approximately $30,000. Ashton Thomas Securities LLC acquired a new position in Exelon during the 3rd quarter worth approximately $32,000. Crews Bank & Trust purchased a new stake in shares of Exelon in the 4th quarter valued at approximately $34,000. Finally, Capital Advisors Ltd. LLC raised its holdings in shares of Exelon by 119.6% in the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock valued at $35,000 after purchasing an additional 513 shares in the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Trading Up 0.8 %

NASDAQ:EXC opened at $44.55 on Tuesday. The company has a market capitalization of $44.78 billion, a PE ratio of 18.18, a P/E/G ratio of 2.86 and a beta of 0.56. Exelon Co. has a 52-week low of $34.01 and a 52-week high of $44.62. The stock’s 50 day moving average price is $40.28 and its 200 day moving average price is $39.40. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61.

Exelon (NASDAQ:EXC) last announced its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Exelon had a net margin of 10.68% and a return on equity of 9.52%. During the same quarter last year, the firm earned $0.60 EPS. On average, research analysts anticipate that Exelon Co. will post 2.64 EPS for the current year.

Exelon Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, February 24th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.59%. This is a boost from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date is Monday, February 24th. Exelon’s dividend payout ratio is presently 65.31%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Barclays boosted their target price on shares of Exelon from $42.00 to $48.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 25th. Guggenheim raised Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Evercore ISI raised Exelon from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $43.00 to $44.00 in a research report on Tuesday, January 21st. Morgan Stanley decreased their target price on Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a research note on Friday, November 22nd. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Exelon in a research note on Tuesday, February 4th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $44.13.

Insider Transactions at Exelon

In other news, EVP Colette D. Honorable sold 1,463 shares of the company’s stock in a transaction that occurred 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 owns 2,271 shares in the company, valued at $92,134.47. This represents a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.10% of the company’s stock.

Exelon Company 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.