Graham Capital Management L.P. Has $8.87 Million Position in Exelon Co. (NASDAQ:EXC)

Graham Capital Management L.P. raised its holdings in Exelon Co. (NASDAQ:EXC) by 492.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 235,760 shares of the company’s stock after acquiring an additional 195,996 shares during the quarter. Graham Capital Management L.P.’s holdings in Exelon were worth $8,874,000 at the end of the most recent quarter.

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

Exelon Stock Up 0.2 %

EXC opened at $45.21 on Friday. The company has a market capitalization of $45.64 billion, a P/E ratio of 18.45, a P/E/G ratio of 2.86 and a beta of 0.43. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. The firm’s fifty day moving average price is $45.23 and its two-hundred day moving average price is $41.44. Exelon Co. has a fifty-two week low of $34.01 and a fifty-two week high of $48.11.

Exelon (NASDAQ:EXC) last issued its earnings results on Thursday, May 1st. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.06. Exelon had a net margin of 10.68% and a return on equity of 9.52%. The business had revenue of $6.71 billion for the quarter, compared to analyst estimates of $6.30 billion. During the same period in the previous year, the business earned $0.68 EPS. The firm’s revenue was up 11.1% on a year-over-year basis. On average, analysts anticipate that Exelon Co. will post 2.64 EPS for the current year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, May 12th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date of this dividend is Monday, May 12th. Exelon’s dividend payout ratio (DPR) is 59.48%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. BMO Capital Markets upped their price target on shares of Exelon from $46.00 to $50.00 and gave the company an “outperform” rating in a report on Monday, April 28th. Wells Fargo & Company increased their target price on Exelon from $46.00 to $50.00 and gave the company an “equal weight” rating in a research note on Friday, May 2nd. UBS Group lifted their price target on Exelon from $45.00 to $47.00 and gave the stock a “neutral” rating in a research report on Friday, March 21st. Barclays raised their price objective on shares of Exelon from $42.00 to $48.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 25th. Finally, Scotiabank boosted their target price on shares of Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Exelon currently has a consensus rating of “Hold” and a consensus price target of $48.22.

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.