2 weeks Ago By ABMN Staff
Shares of Exelon Co. ( NASDAQ:EXC – Get Free Report ) have received a consensus rating of “Hold” from the nine research firms that are presently covering the company, MarketBeat.com reports.
Five analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $45.63.
A number of research analysts have recently issued reports on EXC shares. Scotiabank lifted their price target on Exelon from $42.00 to $44.
00 and gave the company a “sector perform” rating in a report on Thursday, February 13th. BMO Capital Markets reiterated an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd.
Evercore ISI reiterated an “in-line” rating and set a $48.00 price objective (up previously from $46.00) on shares of Exelon in a research note on Tuesday.
Finally, UBS Group increased their target price on shares of Exelon from $45.00 to $47.00 and gave the company a “neutral” rating in a research report on Friday, March 21st.
Read Our Latest Stock Report on Exelon Exelon Stock Performance Exelon ( NASDAQ:EXC – Get Free Report ) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, beating 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 period last year, the company posted $0.
60 earnings per share. On average, equities research analysts expect that Exelon will post 2.64 earnings per share for the current fiscal year.
Exelon Increases Dividend The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, February 24th were paid a dividend of $0.40 per share.
This is a positive change from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, February 24th.
This represents a $1.60 dividend on an annualized basis and a yield of 3.39%.
Exelon’s dividend payout ratio is presently 65.31%. Insider Transactions at Exelon In other news, EVP Colette D.
Honorable sold 1,463 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $40.57, for a total value of $59,353.
91. Following the completion of the transaction, the executive vice president now directly owns 2,271 shares in the company, valued at $92,134.47.
This trade represents a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website .
Insiders own 0.10% of the company’s stock. Hedge Funds Weigh In On Exelon Several hedge funds and other institutional investors have recently bought and sold shares of the business.
Ameriflex Group Inc. purchased a new stake in shares of Exelon in the 4th quarter valued at $25,000. Millstone Evans Group LLC purchased a new stake in Exelon in the fourth quarter valued at $28,000.
Stephens Consulting LLC grew its position in Exelon by 78.1% during the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock worth $29,000 after purchasing an additional 343 shares during the period.
Brown Lisle Cummings Inc. acquired a new stake in Exelon during the 4th quarter worth about $30,000. Finally, Crews Bank & Trust purchased a new position in shares of Exelon during the 4th quarter valued at about $34,000.
Institutional investors and hedge funds own 80.92% of the company’s stock. About Exelon ( Get Free Report 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. Read More Receive News & Ratings for Exelon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exelon and related companies with MarketBeat.com's FREE daily email newsletter .
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