Berger Financial Group Inc Invests $268,000 in Exelon Co. (NASDAQ:EXC)

Berger Financial Group Inc purchased a new stake in Exelon Co. (NASDAQ:EXC) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 7,132 shares of the company’s stock, valued at approximately $268,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Millstone Evans Group LLC acquired a new stake in Exelon in the 4th quarter valued at about $28,000. Stephens Consulting LLC boosted its position in shares of Exelon by 78.1% during the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock worth $29,000 after purchasing an additional 343 shares during the period. Brown Lisle Cummings Inc. purchased a new position in Exelon in the 4th quarter valued at approximately $30,000. Crews Bank & Trust purchased a new position in Exelon in the 4th quarter valued at approximately $34,000. Finally, Capital Advisors Ltd. LLC boosted its position in Exelon by 119.6% in the 4th 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. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Performance

Exelon stock opened at $46.48 on Tuesday. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87. The stock has a fifty day moving average of $44.80 and a two-hundred day moving average of $41.10. The company has a market capitalization of $46.92 billion, a price-to-earnings ratio of 18.97, a PEG ratio of 2.86 and a beta of 0.39. Exelon Co. has a fifty-two week low of $34.01 and a fifty-two week high of $48.11.

Exelon (NASDAQ:EXC) last released its quarterly earnings results 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 quarter in the prior year, the business earned $0.60 earnings per share. On average, analysts anticipate that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were issued a dividend of $0.40 per share. This is a boost from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, February 24th. This represents a $1.60 annualized dividend and a dividend yield of 3.44%. Exelon’s dividend payout ratio (DPR) is 65.31%.

Insider Activity at Exelon

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were 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 $92,134.47. This trade represents a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on EXC. Morgan Stanley lifted their price objective on shares of Exelon from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 20th. Guggenheim set a $47.00 price target on Exelon and gave the company a “buy” rating in a research report on Tuesday, April 22nd. BMO Capital Markets increased their price objective on Exelon from $46.00 to $50.00 and gave the stock an “outperform” rating in a research report on Monday. Evercore ISI reissued an “in-line” rating and issued a $48.00 price target (up from $46.00) on shares of Exelon in a report on Tuesday, April 15th. Finally, 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. Five analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Exelon has an average rating of “Hold” and an average price target of $46.67.

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.