Certified Advisory Corp Invests $169,000 in Exelon Co. (EXC)

Certified Advisory Corp bought a new position in shares of Exelon Co. (NYSE:EXC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,328 shares of the energy giant’s stock, valued at approximately $169,000.

Several other large investors also recently modified their holdings of the stock. CI Global Investments Inc. lifted its position in Exelon by 71.9% during the fourth quarter. CI Global Investments Inc. now owns 8,297,053 shares of the energy giant’s stock valued at $326,987,000 after purchasing an additional 3,470,082 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its position in Exelon by 51,895.4% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,367,739 shares of the energy giant’s stock valued at $132,723,000 after purchasing an additional 3,361,262 shares during the last quarter. Bank of Montreal Can lifted its position in Exelon by 44.6% during the fourth quarter. Bank of Montreal Can now owns 6,241,334 shares of the energy giant’s stock valued at $245,971,000 after purchasing an additional 1,926,273 shares during the last quarter. Capital International Investors lifted its position in Exelon by 20.6% during the third quarter. Capital International Investors now owns 8,290,800 shares of the energy giant’s stock valued at $312,314,000 after purchasing an additional 1,415,400 shares during the last quarter. Finally, AXA lifted its position in Exelon by 677.3% during the third quarter. AXA now owns 1,613,005 shares of the energy giant’s stock valued at $60,762,000 after purchasing an additional 1,405,487 shares during the last quarter. Hedge funds and other institutional investors own 78.09% of the company’s stock.

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Several equities analysts have commented on EXC shares. Morgan Stanley increased their price objective on shares of Exelon from $42.00 to $43.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 13th. Mizuho started coverage on shares of Exelon in a research report on Friday, December 15th. They set an “underperform” rating and a $36.00 price objective for the company. Zacks Investment Research upgraded shares of Exelon from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a research report on Wednesday, January 24th. UBS started coverage on shares of Exelon in a research report on Friday, February 2nd. They set a “buy” rating and a $44.00 price objective for the company. Finally, SunTrust Banks set a $42.00 price objective on shares of Exelon and gave the company a “buy” rating in a research report on Monday, February 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $40.91.

In related news, CEO Calvin Butler, Jr. sold 25,000 shares of the firm’s stock in a transaction dated Thursday, March 15th. The shares were sold at an average price of $37.94, for a total value of $948,500.00. Following the transaction, the chief executive officer now owns 19,429 shares of the company’s stock, valued at approximately $737,136.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.70% of the company’s stock.

Shares of Exelon stock opened at $37.71 on Friday. Exelon Co. has a 12 month low of $33.30 and a 12 month high of $42.67. The firm has a market cap of $37,028.18, a price-to-earnings ratio of 9.55, a PEG ratio of 2.50 and a beta of 0.25. The company has a quick ratio of 0.94, a current ratio of 1.10 and a debt-to-equity ratio of 1.01.

Exelon (NYSE:EXC) last announced its earnings results on Wednesday, February 7th. The energy giant reported $0.55 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.05). Exelon had a net margin of 11.53% and a return on equity of 8.35%. The firm had revenue of $8.38 billion during the quarter, compared to analysts’ expectations of $7.66 billion. During the same period in the prior year, the company posted $0.44 EPS. The company’s revenue was up 6.4% compared to the same quarter last year. sell-side analysts expect that Exelon Co. will post 3.06 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Thursday, February 15th were paid a $0.345 dividend. This represents a $1.38 annualized dividend and a yield of 3.66%. The ex-dividend date of this dividend was Wednesday, February 14th. This is an increase from Exelon’s previous quarterly dividend of $0.33. Exelon’s dividend payout ratio (DPR) is currently 34.94%.

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About Exelon

Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.

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Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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