AlphaQuest LLC Has $1.90 Million Stock Position in Exelon Co. (NASDAQ:EXC)

AlphaQuest LLC boosted its stake in shares of Exelon Co. (NASDAQ:EXC) by 249.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 50,551 shares of the company’s stock after purchasing an additional 36,105 shares during the period. AlphaQuest LLC’s holdings in Exelon were worth $1,903,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of EXC. Stephens Consulting LLC grew its position in shares of Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after acquiring an additional 343 shares during the period. Brown Lisle Cummings Inc. acquired a new stake in Exelon in the 4th quarter valued at about $30,000. Ashton Thomas Securities LLC bought a new position in Exelon during the third quarter worth about $32,000. Crews Bank & Trust acquired a new position in Exelon during the fourth quarter worth approximately $34,000. Finally, Capital Advisors Ltd. LLC raised its stake in Exelon by 119.6% in the fourth quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock valued at $35,000 after buying an additional 513 shares during the period. 80.92% of the stock is owned by institutional investors and hedge funds.

Exelon Trading Up 0.5 %

EXC stock opened at $43.11 on Friday. Exelon Co. has a 52 week low of $34.01 and a 52 week high of $45.19. The company has a market capitalization of $43.33 billion, a PE ratio of 17.60, a price-to-earnings-growth ratio of 2.86 and a beta of 0.51. The company’s 50-day simple moving average is $40.74 and its 200 day simple moving average is $39.54. 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 (NASDAQ:EXC) last announced its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Exelon had a net margin of 10.68% and a return on equity of 9.52%. During the same quarter last year, the firm posted $0.60 EPS. As a group, sell-side analysts anticipate that Exelon Co. will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, February 24th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, February 24th. This is a boost from Exelon’s previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a yield of 3.71%. Exelon’s payout ratio is currently 65.31%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on EXC. BMO Capital Markets reaffirmed an “outperform” rating on shares of Exelon in a research report on Tuesday, February 4th. Scotiabank raised their price target on Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a report on Thursday, February 13th. Morgan Stanley decreased their price objective on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Finally, Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and lifted their target price for the stock from $43.00 to $44.00 in a report on Tuesday, January 21st. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Exelon has an average rating of “Moderate Buy” and an average target price of $44.13.

Insider Activity

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the firm’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $40.57, for a total value of $59,353.91. Following the transaction, the executive vice president now directly owns 2,271 shares of the company’s stock, valued at $92,134.47. This trade represents a 39.18 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.10% of the company’s stock.

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.