PharVision Advisers LLC Purchases Shares of 11,563 Exelon Co. (NASDAQ:EXC)

PharVision Advisers LLC acquired a new position in shares of Exelon Co. (NASDAQ:EXC) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 11,563 shares of the company’s stock, valued at approximately $435,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Millstone Evans Group LLC purchased a new stake in Exelon during the fourth quarter valued at about $28,000. Stephens Consulting LLC lifted its stake 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 purchasing an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. acquired a new position in shares of Exelon in the 4th quarter valued at about $30,000. Crews Bank & Trust purchased a new stake in shares of Exelon during the 4th quarter worth about $34,000. Finally, Capital Advisors Ltd. LLC increased its position in Exelon by 119.6% during the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock worth $35,000 after purchasing an additional 513 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on EXC. Barclays raised their price target on shares of Exelon from $42.00 to $48.00 and gave the company an “overweight” rating in a report on Tuesday, February 25th. Scotiabank increased their price objective 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. Wells Fargo & Company lifted their target price on shares of Exelon from $46.00 to $50.00 and gave the company an “equal weight” rating in a report on Friday, May 2nd. Evercore ISI upped their price target on shares of Exelon from $48.00 to $51.00 and gave the stock an “in-line” rating in a research report on Friday, May 2nd. Finally, Morgan Stanley increased their price target on Exelon from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $47.30.

Exelon Stock Down 0.3%

Shares of NASDAQ EXC opened at $44.26 on Wednesday. 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 1 year low of $34.01 and a 1 year high of $48.11. The stock’s 50-day simple moving average is $45.28 and its 200-day simple moving average is $41.64. The firm has a market cap of $44.68 billion, a price-to-earnings ratio of 18.07, a PEG ratio of 2.86 and a beta of 0.43.

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

Exelon Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, May 12th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.62%. The ex-dividend date of this dividend is Monday, May 12th. Exelon’s dividend payout ratio is currently 59.48%.

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.