Mason Street Advisors LLC Has $6.94 Million Holdings in Exelon Co. (EXC)

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Mason Street Advisors LLC lifted its position in Exelon Co. (NYSE:EXC) by 1.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 138,347 shares of the energy giant’s stock after purchasing an additional 2,013 shares during the quarter. Mason Street Advisors LLC’s holdings in Exelon were worth $6,935,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of EXC. First Bank & Trust acquired a new position in Exelon during the 1st quarter worth about $25,000. LFA Lugano Financial Advisors SA acquired a new position in Exelon during the 1st quarter worth about $29,000. Braun Bostich & Associates Inc. lifted its position in Exelon by 51.7% during the 4th quarter. Braun Bostich & Associates Inc. now owns 613 shares of the energy giant’s stock worth $28,000 after buying an additional 209 shares in the last quarter. Capital Financial Planning LLC acquired a new position in Exelon during the 4th quarter worth about $29,000. Finally, Tortoise Investment Management LLC lifted its position in Exelon by 58.5% during the 1st quarter. Tortoise Investment Management LLC now owns 634 shares of the energy giant’s stock worth $32,000 after buying an additional 234 shares in the last quarter. 80.23% of the stock is currently owned by institutional investors and hedge funds.

EXC has been the topic of several research reports. Scotiabank reiterated a “buy” rating and set a $50.00 price target on shares of Exelon in a research report on Wednesday, February 13th. Royal Bank of Canada reiterated a “buy” rating and set a $51.00 price target on shares of Exelon in a research report on Wednesday, January 23rd. Morgan Stanley upped their price target on shares of Exelon from $52.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Thursday. SunTrust Banks reiterated a “hold” rating and set a $49.00 price target on shares of Exelon in a research report on Tuesday, February 12th. Finally, Wells Fargo & Co reiterated a “hold” rating on shares of Exelon in a research report on Friday, February 8th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Exelon has an average rating of “Buy” and an average price target of $48.97.

Exelon stock traded down $0.10 during trading hours on Friday, reaching $48.81. 51,686 shares of the company’s stock traded hands, compared to its average volume of 5,138,635. The company has a current ratio of 1.02, a quick ratio of 0.89 and a debt-to-equity ratio of 0.99. Exelon Co. has a fifty-two week low of $39.10 and a fifty-two week high of $51.03. The company has a market cap of $47.35 billion, a PE ratio of 15.64, a PEG ratio of 4.12 and a beta of 0.37.

Exelon (NYSE:EXC) last released its earnings results on Thursday, May 2nd. The energy giant reported $0.87 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.87. Exelon had a net margin of 6.52% and a return on equity of 8.85%. The company had revenue of $9.48 billion for the quarter, compared to the consensus estimate of $9.10 billion. During the same period in the prior year, the company posted $0.96 EPS. The company’s revenue was down 2.2% compared to the same quarter last year. Research analysts forecast that Exelon Co. will post 3.14 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.3625 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.45 dividend on an annualized basis and a yield of 2.97%. Exelon’s payout ratio is presently 46.47%.

In related news, EVP Paymon Aliabadi sold 17,500 shares of the stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $48.36, for a total value of $846,300.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Joseph Nigro sold 53,800 shares of the stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $49.59, for a total transaction of $2,667,942.00. Following the completion of the sale, the executive vice president now owns 99,574 shares in the company, valued at $4,937,874.66. The disclosure for this sale can be found here. Corporate insiders own 0.27% of the company’s stock.

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Exelon Profile

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

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Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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