Exelon Co. (EXC) Stake Raised by Moody National Bank Trust Division

Moody National Bank Trust Division boosted its stake in shares of Exelon Co. (NYSE:EXC) by 18,851.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 107,834 shares of the energy giant’s stock after buying an additional 107,265 shares during the period. Moody National Bank Trust Division’s holdings in Exelon were worth $5,406,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of EXC. Vanguard Group Inc boosted its stake in shares of Exelon by 1.7% in the 3rd quarter. Vanguard Group Inc now owns 77,314,222 shares of the energy giant’s stock worth $3,375,540,000 after buying an additional 1,309,965 shares during the last quarter. BlackRock Inc. lifted its position in Exelon by 4.6% during the fourth quarter. BlackRock Inc. now owns 75,231,069 shares of the energy giant’s stock valued at $3,392,922,000 after purchasing an additional 3,305,035 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its position in Exelon by 4,439.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 23,185,910 shares of the energy giant’s stock valued at $514,000 after purchasing an additional 22,675,097 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its position in Exelon by 4.5% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 20,107,490 shares of the energy giant’s stock valued at $906,848,000 after purchasing an additional 868,290 shares in the last quarter. Finally, LSV Asset Management lifted its position in Exelon by 0.3% during the fourth quarter. LSV Asset Management now owns 13,204,962 shares of the energy giant’s stock valued at $595,543,000 after purchasing an additional 38,380 shares in the last quarter. 80.18% of the stock is owned by institutional investors.

Shares of EXC stock traded up $0.15 during trading hours on Friday, hitting $49.88. The stock had a trading volume of 4,047,906 shares, compared to its average volume of 5,420,006. Exelon Co. has a one year low of $39.10 and a one year high of $51.03. The company has a current ratio of 1.17, a quick ratio of 1.02 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $49.42 billion, a price-to-earnings ratio of 15.99, a price-to-earnings-growth ratio of 3.25 and a beta of 0.37.

Exelon (NYSE:EXC) last issued its quarterly earnings data on Thursday, May 2nd. The energy giant reported $0.87 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.87. Exelon had a return on equity of 9.18% and a net margin of 5.58%. The company had revenue of $9.48 billion for the quarter, compared to analysts’ expectations of $9.10 billion. During the same period in the previous year, the firm posted $0.96 earnings per share. The firm’s revenue for the quarter was down 2.2% on a year-over-year basis. As a group, research analysts predict that Exelon Co. will post 3.13 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.3625 per share. The ex-dividend date is Tuesday, May 14th. This represents a $1.45 annualized dividend and a yield of 2.91%. Exelon’s payout ratio is currently 46.47%.

EXC has been the topic of several analyst reports. SunTrust Banks reiterated a “hold” rating and set a $49.00 target price on shares of Exelon in a research report on Tuesday, February 12th. Wells Fargo & Co reiterated a “hold” rating on shares of Exelon in a research report on Friday, February 8th. Morgan Stanley lifted their target price on Exelon from $47.00 to $49.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 12th. Royal Bank of Canada reissued a “buy” rating and set a $51.00 price target on shares of Exelon in a report on Wednesday, January 23rd. Finally, Goldman Sachs Group raised Exelon from a “sell” rating to a “neutral” rating and raised their price target for the company from $43.00 to $47.00 in a report on Tuesday, April 9th. Seven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $47.82.

In other Exelon news, EVP Joseph Nigro sold 53,800 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $49.59, for a total transaction of $2,667,942.00. Following the completion of the transaction, the executive vice president now owns 99,574 shares in the company, valued at $4,937,874.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Paymon Aliabadi sold 17,500 shares of the business’s 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 disclosure for this sale can be found here. Insiders have sold 88,800 shares of company stock worth $4,352,142 over the last three months. 0.27% of the stock is currently owned by insiders.

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Exelon Company 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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