PFG Investments LLC Buys 305 Shares of Exelon Co. (NASDAQ:EXC)

PFG Investments LLC increased its position in Exelon Co. (NASDAQ:EXC) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,151 shares of the company’s stock after buying an additional 305 shares during the period. PFG Investments LLC’s holdings in Exelon were worth $495,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Jamison Private Wealth Management Inc. lifted its stake in shares of Exelon by 4.7% in the fourth quarter. Jamison Private Wealth Management Inc. now owns 52,095 shares of the company’s stock valued at $1,961,000 after buying an additional 2,324 shares in the last quarter. Nikulski Financial Inc. acquired a new position in Exelon during the 4th quarter valued at about $249,000. Accel Wealth Management bought a new stake in Exelon during the 4th quarter worth approximately $208,000. Exchange Traded Concepts LLC raised its stake in shares of Exelon by 10.4% in the fourth quarter. Exchange Traded Concepts LLC now owns 9,973 shares of the company’s stock worth $375,000 after purchasing an additional 938 shares during the last quarter. Finally, Wesbanco Bank Inc. lifted its holdings in shares of Exelon by 3.1% in the fourth quarter. Wesbanco Bank Inc. now owns 9,951 shares of the company’s stock valued at $375,000 after purchasing an additional 296 shares in the last quarter. 80.92% of the stock is owned by institutional investors.

Exelon Stock Performance

Shares of EXC opened at $39.57 on Thursday. Exelon Co. has a 1 year low of $33.35 and a 1 year high of $41.19. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.97. The stock’s fifty day moving average price is $38.16 and its two-hundred day moving average price is $38.49. The firm has a market cap of $39.76 billion, a PE ratio of 16.28, a PEG ratio of 2.61 and a beta of 0.55.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.67 by $0.04. The business had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $5.85 billion. Exelon had a net margin of 10.60% and a return on equity of 9.47%. The company’s revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 earnings per share. On average, equities research analysts forecast that Exelon Co. will post 2.46 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on EXC. Scotiabank upped their price target on Exelon from $40.00 to $42.00 and gave the stock a “sector perform” rating in a report on Thursday, December 12th. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and upped their price objective for the stock from $43.00 to $44.00 in a research report on Tuesday, January 21st. Barclays cut their target price on Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 22nd. Finally, Morgan Stanley dropped their price target on Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $43.13.

Exelon 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.