Exelon Co. (NASDAQ:EXC) Shares Bought by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG boosted its position in shares of Exelon Co. (NASDAQ:EXCGet Rating) by 23.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 114,820 shares of the company’s stock after buying an additional 21,940 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Exelon were worth $5,200,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. GoalVest Advisory LLC increased its position in Exelon by 62,900.0% during the second quarter. GoalVest Advisory LLC now owns 630 shares of the company’s stock worth $27,000 after buying an additional 629 shares during the period. Princeton Global Asset Management LLC increased its holdings in shares of Exelon by 195.5% in the first quarter. Princeton Global Asset Management LLC now owns 662 shares of the company’s stock valued at $32,000 after purchasing an additional 438 shares during the period. Hallmark Capital Management Inc. acquired a new position in shares of Exelon in the second quarter valued at approximately $32,000. Prentice Wealth Management LLC acquired a new position in shares of Exelon in the second quarter valued at approximately $36,000. Finally, ACG Wealth acquired a new position in shares of Exelon in the second quarter valued at approximately $38,000. Institutional investors and hedge funds own 82.70% of the company’s stock.

Exelon Price Performance

EXC traded up $0.42 during trading on Thursday, reaching $39.87. 6,215,564 shares of the stock were exchanged, compared to its average volume of 8,741,960. The business’s 50 day moving average price is $37.60 and its two-hundred day moving average price is $41.90. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.81 and a quick ratio of 0.72. The company has a market capitalization of $39.62 billion, a price-to-earnings ratio of 18.46, a P/E/G ratio of 2.44 and a beta of 0.62. Exelon Co. has a 1 year low of $35.19 and a 1 year high of $50.71.

Exelon (NASDAQ:EXCGet Rating) last posted its earnings results on Thursday, November 3rd. The company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.03. The company had revenue of $4.85 billion for the quarter, compared to the consensus estimate of $5.69 billion. Exelon had a return on equity of 10.12% and a net margin of 8.85%. Exelon’s quarterly revenue was down 45.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.09 earnings per share. As a group, equities research analysts anticipate that Exelon Co. will post 2.27 earnings per share for the current year.

Exelon Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 9th. Stockholders of record on Tuesday, November 15th will be given a $0.3375 dividend. The ex-dividend date is Monday, November 14th. This represents a $1.35 annualized dividend and a dividend yield of 3.39%. Exelon’s dividend payout ratio is currently 62.50%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Wells Fargo & Company dropped their target price on Exelon from $49.00 to $42.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 19th. BMO Capital Markets dropped their target price on Exelon from $51.00 to $41.00 in a report on Tuesday, October 18th. Guggenheim dropped their target price on Exelon from $49.00 to $40.00 in a report on Monday, October 24th. StockNews.com assumed coverage on Exelon in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. Finally, Credit Suisse Group assumed coverage on Exelon in a research note on Wednesday, October 19th. They issued an “outperform” rating and a $39.00 price target on the stock. Seven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $45.00.

Exelon Company Profile

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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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