Trust Co. of Vermont increased its stake in Exelon Co. (NASDAQ:EXC – Free Report) by 20.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,485 shares of the company’s stock after acquiring an additional 600 shares during the quarter. Trust Co. of Vermont’s holdings in Exelon were worth $131,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in EXC. State Street Corp grew its holdings in Exelon by 3.7% during the 3rd quarter. State Street Corp now owns 60,169,219 shares of the company’s stock worth $2,439,862,000 after acquiring an additional 2,156,259 shares during the period. Geode Capital Management LLC boosted its position in shares of Exelon by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 25,945,791 shares of the company’s stock valued at $1,048,823,000 after purchasing an additional 403,542 shares in the last quarter. FMR LLC boosted its position in shares of Exelon by 18.7% during the 3rd quarter. FMR LLC now owns 11,782,549 shares of the company’s stock valued at $477,782,000 after purchasing an additional 1,858,502 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Exelon by 1.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,967,343 shares of the company’s stock worth $363,626,000 after purchasing an additional 160,313 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Exelon by 2.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 6,446,408 shares of the company’s stock worth $261,402,000 after purchasing an additional 123,466 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.
Exelon Stock Up 0.2 %
Shares of NASDAQ EXC opened at $39.42 on Monday. 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 company has a 50-day moving average price of $38.01 and a 200-day moving average price of $38.21. The stock has a market capitalization of $39.61 billion, a P/E ratio of 16.22, a P/E/G ratio of 2.48 and a beta of 0.55. Exelon Co. has a 1 year low of $33.35 and a 1 year high of $41.19.
Exelon Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, November 11th were given a $0.38 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.52 annualized dividend and a yield of 3.86%. Exelon’s dividend payout ratio is currently 62.55%.
Wall Street Analyst Weigh In
A number of research firms have issued reports on EXC. Scotiabank increased 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. Morgan Stanley reduced their price target on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. Finally, Barclays lifted their price target on shares of Exelon from $41.00 to $44.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $43.29.
Get Our Latest Stock Analysis on EXC
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.
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