Horizon Investments LLC Has $708,000 Stake in Exelon Co. (NASDAQ:EXC)

Horizon Investments LLC lifted its holdings in Exelon Co. (NASDAQ:EXC) by 1.8% during the 4th quarter, Holdings Channel reports. The fund owned 18,811 shares of the company’s stock after acquiring an additional 335 shares during the quarter. Horizon Investments LLC’s holdings in Exelon were worth $708,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Stephens Consulting LLC lifted its position in shares of Exelon by 78.1% during the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock worth $29,000 after purchasing an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. acquired a new position in Exelon during the 4th quarter worth $30,000. Crews Bank & Trust bought a new position in Exelon in the 4th quarter valued at $34,000. Capital Advisors Ltd. LLC increased its stake in shares of 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 period. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Exelon during the fourth quarter worth $36,000. 80.92% of the stock is currently owned by institutional investors.

Exelon Price Performance

NASDAQ EXC opened at $44.44 on Thursday. Exelon Co. has a 12-month low of $34.01 and a 12-month high of $45.20. The firm’s 50 day moving average is $41.71 and its 200-day moving average is $39.88. The company has a market capitalization of $44.67 billion, a PE ratio of 18.14, a price-to-earnings-growth ratio of 2.86 and a beta of 0.51. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61.

Exelon (NASDAQ:EXC) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.59 by $0.05. Exelon had a net margin of 10.68% and a return on equity of 9.52%. During the same quarter in the previous year, the firm posted $0.60 EPS. Equities research analysts anticipate that Exelon Co. will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, February 24th. This is a boost from Exelon’s previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a dividend yield of 3.60%. Exelon’s dividend payout ratio (DPR) is currently 65.31%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on EXC shares. Barclays upped their target price on shares of Exelon from $42.00 to $48.00 and gave the company an “overweight” rating in a research report on Tuesday, February 25th. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Morgan Stanley lowered their target price on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. Scotiabank increased their price target on Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research note on Thursday, February 13th. Finally, Evercore ISI upgraded Exelon from an “in-line” rating to an “outperform” rating and raised their price target for the stock from $43.00 to $44.00 in a research report on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Exelon currently has a consensus rating of “Moderate Buy” and an average price target of $44.13.

Insider Buying and Selling

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total transaction of $59,353.91. Following the transaction, the executive vice president now owns 2,271 shares of the company’s stock, valued at $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.10% of the stock is owned by corporate insiders.

About Exelon

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.