Exelon Co. (EXC) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC raised its stake in Exelon Co. (NYSE:EXC) by 3.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,738,601 shares of the energy giant’s stock after acquiring an additional 54,531 shares during the period. Janus Henderson Group PLC owned 0.18% of Exelon worth $65,490,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Hudock Capital Group LLC boosted its stake in Exelon by 0.4% in the second quarter. Hudock Capital Group LLC now owns 3,206 shares of the energy giant’s stock valued at $115,000 after acquiring an additional 13 shares in the last quarter. Live Your Vision LLC boosted its stake in Exelon by 0.9% in the second quarter. Live Your Vision LLC now owns 2,977 shares of the energy giant’s stock valued at $115,000 after acquiring an additional 26 shares in the last quarter. Sterling Investment Advisors Ltd. boosted its stake in Exelon by 1.2% in the second quarter. Sterling Investment Advisors Ltd. now owns 3,145 shares of the energy giant’s stock valued at $113,000 after acquiring an additional 37 shares in the last quarter. Optimum Investment Advisors boosted its stake in Exelon by 0.4% in the second quarter. Optimum Investment Advisors now owns 12,708 shares of the energy giant’s stock valued at $458,000 after acquiring an additional 51 shares in the last quarter. Finally, Regal Wealth Group Inc. boosted its stake in Exelon by 0.8% in the second quarter. Regal Wealth Group Inc. now owns 6,394 shares of the energy giant’s stock valued at $231,000 after acquiring an additional 53 shares in the last quarter. Institutional investors own 77.45% of the company’s stock.

EXC has been the subject of several recent research reports. BidaskClub upgraded shares of Exelon from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 26th. KeyCorp reiterated a “buy” rating and set a $41.00 target price on shares of Exelon in a research note on Friday, September 1st. Morgan Stanley increased their target price on shares of Exelon from $37.00 to $40.00 and gave the stock an “equal weight” rating in a research note on Friday, September 8th. ValuEngine upgraded shares of Exelon from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Zacks Investment Research downgraded shares of Exelon from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $40.53.

In related news, EVP Paymon Aliabadi sold 13,334 shares of the stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $40.62, for a total transaction of $541,627.08. Following the completion of the transaction, the executive vice president now directly owns 26,435 shares of the company’s stock, valued at $1,073,789.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kenneth W. Cornew sold 25,000 shares of the stock in a transaction dated Monday, September 25th. The stock was sold at an average price of $37.44, for a total transaction of $936,000.00. Following the transaction, the executive vice president now directly owns 28,363 shares of the company’s stock, valued at $1,061,910.72. The disclosure for this sale can be found here. Insiders have sold 1,312,788 shares of company stock valued at $52,714,749 over the last three months. 0.70% of the stock is currently owned by corporate insiders.

Exelon Co. (NYSE:EXC) opened at $40.74 on Friday. The stock has a market cap of $39,150.00, a PE ratio of 16.42, a P/E/G ratio of 3.55 and a beta of 0.30. Exelon Co. has a 1-year low of $33.30 and a 1-year high of $42.67. The company has a current ratio of 1.03, a quick ratio of 0.89 and a debt-to-equity ratio of 1.06.

Exelon (NYSE:EXC) last posted its quarterly earnings results on Thursday, November 2nd. The energy giant reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.01). The firm had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $8.58 billion. Exelon had a return on equity of 8.19% and a net margin of 6.59%. The company’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.91 earnings per share. analysts predict that Exelon Co. will post 2.65 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 8th. Investors of record on Wednesday, November 15th were issued a dividend of $0.3275 per share. The ex-dividend date was Tuesday, November 14th. This represents a $1.31 annualized dividend and a yield of 3.22%. Exelon’s dividend payout ratio is currently 58.74%.

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About Exelon

Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.

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Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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