Nomura Holdings Inc. Grows Position in Exelon Co. (NYSE:EXC)

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Nomura Holdings Inc. raised its position in shares of Exelon Co. (NYSE:EXC) by 109.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 606,500 shares of the energy giant’s stock after buying an additional 316,672 shares during the quarter. Nomura Holdings Inc.’s holdings in Exelon were worth $29,104,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EXC. Vanguard Group Inc. lifted its stake in shares of Exelon by 0.6% in the 2nd quarter. Vanguard Group Inc. now owns 81,817,730 shares of the energy giant’s stock valued at $3,922,342,000 after purchasing an additional 476,323 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Exelon by 2.1% in the 2nd quarter. BlackRock Inc. now owns 73,786,054 shares of the energy giant’s stock valued at $3,537,307,000 after purchasing an additional 1,551,062 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Exelon by 2.8% in the 2nd quarter. Invesco Ltd. now owns 17,288,295 shares of the energy giant’s stock valued at $828,800,000 after purchasing an additional 463,906 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Exelon by 2.0% in the 2nd quarter. Northern Trust Corp now owns 13,239,469 shares of the energy giant’s stock valued at $634,699,000 after purchasing an additional 255,204 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its stake in shares of Exelon by 2.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 10,178,038 shares of the energy giant’s stock valued at $491,701,000 after purchasing an additional 233,034 shares during the last quarter. Institutional investors and hedge funds own 78.99% of the company’s stock.

Shares of EXC stock traded down $0.05 on Thursday, reaching $44.14. 509,148 shares of the company’s stock were exchanged, compared to its average volume of 5,710,204. Exelon Co. has a 52 week low of $43.10 and a 52 week high of $51.18. The company has a current ratio of 0.90, a quick ratio of 0.77 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $42.96 billion, a PE ratio of 14.09, a P/E/G ratio of 4.50 and a beta of 0.26. The company’s fifty day simple moving average is $44.90 and its 200 day simple moving average is $46.95.

Exelon (NYSE:EXC) last issued its quarterly earnings results on Thursday, October 31st. The energy giant reported $0.92 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.03. Exelon had a return on equity of 8.47% and a net margin of 6.43%. The firm had revenue of $9.40 billion during the quarter, compared to analyst estimates of $8.70 billion. During the same period last year, the company earned $0.88 EPS. Exelon’s quarterly revenue was up 16.4% compared to the same quarter last year. As a group, sell-side analysts predict that Exelon Co. will post 3.14 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 15th were paid a dividend of $0.3625 per share. This represents a $1.45 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date was Thursday, November 14th. Exelon’s dividend payout ratio is currently 46.47%.

EXC has been the subject of several analyst reports. Credit Suisse Group lowered their price objective on Exelon from $51.00 to $50.00 and set an “outperform” rating for the company in a research note on Friday, October 18th. Mizuho lowered their price objective on Exelon from $49.00 to $47.00 and set a “neutral” rating for the company in a research note on Wednesday, October 16th. Wells Fargo & Co set a $54.00 price objective on Exelon and gave the company a “buy” rating in a research note on Friday, November 1st. SunTrust Banks lowered their price objective on Exelon to $46.00 and set a “hold” rating for the company in a research note on Friday, October 18th. Finally, Argus reaffirmed a “buy” rating and issued a $53.00 price objective on shares of Exelon in a research note on Wednesday, September 18th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Exelon currently has a consensus rating of “Buy” and an average target price of $52.00.

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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