Susquehanna Fundamental Investments LLC Invests $20.85 Million in Exelon Co. (NASDAQ:EXC)

Susquehanna Fundamental Investments LLC acquired a new position in Exelon Co. (NASDAQ:EXC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 553,984 shares of the company’s stock, valued at approximately $20,852,000. Susquehanna Fundamental Investments LLC owned approximately 0.06% of Exelon as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in shares of Exelon by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 127,335,351 shares of the company’s stock worth $4,792,903,000 after acquiring an additional 3,064,673 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in Exelon by 37.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 27,618,055 shares of the company’s stock valued at $1,039,545,000 after purchasing an additional 7,483,873 shares during the period. Geode Capital Management LLC grew its position in Exelon by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 26,314,296 shares of the company’s stock worth $988,080,000 after buying an additional 368,505 shares in the last quarter. FMR LLC increased its position in shares of Exelon by 46.9% in the fourth quarter. FMR LLC now owns 17,306,652 shares of the company’s stock worth $651,422,000 after purchasing an additional 5,524,103 shares during the period. Finally, Invesco Ltd. increased its holdings in Exelon by 25.8% in the 4th quarter. Invesco Ltd. now owns 13,718,745 shares of the company’s stock valued at $516,374,000 after buying an additional 2,817,174 shares during the period. 80.92% of the stock is owned by institutional investors.

Exelon Stock Performance

NASDAQ EXC opened at $46.22 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 1.61. The company has a fifty day simple moving average of $44.73 and a 200 day simple moving average of $41.03. The company has a market cap of $46.66 billion, a P/E ratio of 18.87, a PEG ratio of 2.86 and a beta of 0.39. Exelon Co. has a 12-month low of $34.01 and a 12-month high of $48.11.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data 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 return on equity of 9.52% and a net margin of 10.68%. During the same period in the prior year, the firm earned $0.60 earnings per share. Sell-side analysts predict that Exelon Co. will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were issued a dividend of $0.40 per share. This is a positive change from Exelon’s previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date was Monday, February 24th. Exelon’s dividend payout ratio (DPR) is 65.31%.

Analyst Ratings Changes

Several equities research analysts have weighed in on EXC shares. Scotiabank upped their target price on Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 13th. Barclays boosted their price target on Exelon from $42.00 to $48.00 and gave the stock an “overweight” rating in a report on Tuesday, February 25th. UBS Group increased their price objective on Exelon from $45.00 to $47.00 and gave the company a “neutral” rating in a report on Friday, March 21st. BMO Capital Markets restated an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. Finally, Guggenheim set a $47.00 price target on shares of Exelon and gave the company a “buy” rating in a research report on Tuesday. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Exelon has a consensus rating of “Hold” and a consensus target price of $45.78.

Insider Buying and Selling at Exelon

In other news, EVP Colette D. Honorable sold 1,463 shares of the company’s stock in a transaction 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. This represents a 39.18 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.10% of the company’s stock.

Exelon Company 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.