Mn Services Vermogensbeheer B.V. Purchases 6,400 Shares of Exelon Co. (NASDAQ:EXC)

Mn Services Vermogensbeheer B.V. grew its position in Exelon Co. (NASDAQ:EXC) by 1.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 388,100 shares of the company’s stock after purchasing an additional 6,400 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Exelon were worth $14,608,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Czech National Bank boosted its holdings in Exelon by 7.0% during the fourth quarter. Czech National Bank now owns 217,868 shares of the company’s stock worth $8,201,000 after buying an additional 14,158 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of Exelon by 20.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,624,805 shares of the company’s stock valued at $61,158,000 after buying an additional 279,827 shares in the last quarter. HITE Hedge Asset Management LLC boosted its stake in shares of Exelon by 431.3% during the 3rd quarter. HITE Hedge Asset Management LLC now owns 395,840 shares of the company’s stock worth $16,051,000 after acquiring an additional 321,333 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Exelon by 2.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 6,446,408 shares of the company’s stock valued at $261,402,000 after purchasing an additional 123,466 shares during the last quarter. Finally, State Street Corp increased its position in Exelon by 3.7% during the third 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. Institutional investors and hedge funds own 80.92% of the company’s stock.

Insider Activity

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total value of $59,353.91. Following the completion of the sale, the executive vice president now owns 2,271 shares of the company’s stock, valued at approximately $92,134.47. This trade represents a 39.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

Exelon Price Performance

EXC stock opened at $43.84 on Friday. The firm has a market cap of $44.06 billion, a P/E ratio of 17.89, a P/E/G ratio of 2.86 and a beta of 0.56. The firm’s fifty day moving average is $39.99 and its 200 day moving average is $39.27. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87. Exelon Co. has a 52 week low of $34.01 and a 52 week high of $44.32.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.05. Exelon had a return on equity of 9.52% and a net margin of 10.68%. During the same period in the previous year, the company posted $0.60 earnings per share. Research analysts predict that Exelon Co. will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, February 24th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.65%. This is a positive change from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Monday, February 24th. Exelon’s dividend payout ratio (DPR) is presently 65.31%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on EXC shares. Morgan Stanley lowered their price objective on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. Scotiabank lifted their target price on shares of Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 13th. Barclays increased their price target on Exelon from $42.00 to $48.00 and gave the stock an “overweight” rating in a report on Tuesday. Guggenheim raised Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Exelon in a research note on Tuesday, February 4th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $44.13.

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.