Edmond DE Rothschild Holding S.A. Purchases 91,347 Shares of Exelon Co. (NASDAQ:EXC)

Edmond DE Rothschild Holding S.A. boosted its position in shares of Exelon Co. (NASDAQ:EXCFree Report) by 4,203.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 93,520 shares of the company’s stock after buying an additional 91,347 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in Exelon were worth $3,357,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Addison Advisors LLC raised its holdings in Exelon by 50.3% during the 3rd quarter. Addison Advisors LLC now owns 825 shares of the company’s stock valued at $31,000 after buying an additional 276 shares during the last quarter. Moors & Cabot Inc. raised its holdings in Exelon by 4.5% during the 3rd quarter. Moors & Cabot Inc. now owns 7,005 shares of the company’s stock valued at $265,000 after buying an additional 303 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its holdings in Exelon by 6.2% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 5,912 shares of the company’s stock valued at $212,000 after buying an additional 347 shares during the last quarter. Uncommon Cents Investing LLC raised its holdings in Exelon by 1.4% during the 4th quarter. Uncommon Cents Investing LLC now owns 25,555 shares of the company’s stock valued at $917,000 after buying an additional 360 shares during the last quarter. Finally, UNIVEST FINANCIAL Corp raised its holdings in Exelon by 5.3% during the 4th quarter. UNIVEST FINANCIAL Corp now owns 7,375 shares of the company’s stock valued at $265,000 after buying an additional 374 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors.

Exelon Stock Down 1.1 %

EXC stock traded down $0.39 during trading on Wednesday, hitting $36.39. 256,649 shares of the stock traded hands, compared to its average volume of 6,517,648. Exelon Co. has a 1 year low of $33.35 and a 1 year high of $43.53. The firm’s 50 day moving average is $37.43 and its two-hundred day moving average is $36.81. The stock has a market cap of $36.39 billion, a price-to-earnings ratio of 15.85, a price-to-earnings-growth ratio of 2.67 and a beta of 0.53. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.03 and a quick ratio of 0.93.

Exelon (NASDAQ:EXCGet Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.69 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.01). The firm had revenue of $6.04 billion for the quarter, compared to analysts’ expectations of $5.70 billion. Exelon had a net margin of 10.44% and a return on equity of 9.27%. On average, sell-side analysts anticipate that Exelon Co. will post 2.43 EPS for the current year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Monday, May 13th will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date of this dividend is Friday, May 10th. Exelon’s payout ratio is presently 65.52%.

Analyst Ratings Changes

Several research analysts have commented on the stock. BMO Capital Markets upped their price objective on shares of Exelon from $40.00 to $42.00 and gave the stock an “outperform” rating in a report on Friday, May 3rd. Scotiabank decreased their price objective on shares of Exelon from $39.00 to $37.00 and set a “sector perform” rating for the company in a report on Monday, April 22nd. TheStreet lowered shares of Exelon from a “b-” rating to a “c+” rating in a report on Wednesday, February 7th. StockNews.com upgraded shares of Exelon from a “sell” rating to a “hold” rating in a report on Monday, March 25th. Finally, Barclays upped their price objective on shares of Exelon from $36.00 to $39.00 and gave the stock an “overweight” rating in a report on Thursday, March 14th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $39.08.

Read Our Latest Stock Report on Exelon

Exelon Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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