4,979 Shares in Exelon Corporation (NASDAQ:EXC) Acquired by Aurora Private Wealth Inc.

Aurora Private Wealth Inc. acquired a new stake in shares of Exelon Corporation (NASDAQ:EXC) during the first quarter, Holdings Channel.com reports. The fund acquired 4,979 shares of the company’s stock, valued at approximately $229,000.

Other large investors have also recently added to or reduced their stakes in the company. Centre Asset Management LLC raised its holdings in shares of Exelon by 3.2% during the 1st quarter. Centre Asset Management LLC now owns 7,584 shares of the company’s stock valued at $349,000 after purchasing an additional 233 shares in the last quarter. Stanley Laman Group Ltd. raised its holdings in Exelon by 3.8% during the first quarter. Stanley Laman Group Ltd. now owns 8,881 shares of the company’s stock valued at $409,000 after buying an additional 323 shares in the last quarter. Ausdal Financial Partners Inc. lifted its position in shares of Exelon by 2.8% in the fourth quarter. Ausdal Financial Partners Inc. now owns 11,796 shares of the company’s stock worth $444,000 after buying an additional 324 shares during the last quarter. Horizon Investments LLC lifted its position in shares of Exelon by 1.8% in the fourth quarter. Horizon Investments LLC now owns 18,811 shares of the company’s stock worth $708,000 after buying an additional 335 shares during the last quarter. Finally, Wedbush Securities Inc. boosted its stake in shares of Exelon by 1.8% during the 4th quarter. Wedbush Securities Inc. now owns 19,399 shares of the company’s stock worth $730,000 after acquiring an additional 342 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Down 1.9%

EXC opened at $42.29 on Thursday. Exelon Corporation has a 1-year low of $34.01 and a 1-year high of $48.11. The company has a current ratio of 1.09, a quick ratio of 0.98 and a debt-to-equity ratio of 1.66. The stock has a market capitalization of $42.69 billion, a price-to-earnings ratio of 15.72, a P/E/G ratio of 2.49 and a beta of 0.39. The business has a 50 day moving average of $44.31 and a 200-day moving average of $42.42.

Exelon (NASDAQ:EXC) last released its earnings results on Thursday, May 1st. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.86 by $0.06. Exelon had a net margin of 11.44% and a return on equity of 10.29%. The firm had revenue of $6.71 billion during the quarter, compared to analysts’ expectations of $6.30 billion. During the same period in the prior year, the company earned $0.68 EPS. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, May 12th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date was Monday, May 12th. Exelon’s dividend payout ratio is currently 59.48%.

Analyst Upgrades and Downgrades

EXC has been the topic of a number of recent analyst reports. Wells Fargo & Company raised their price objective on Exelon from $46.00 to $50.00 and gave the company an “equal weight” rating in a research note on Friday, May 2nd. Evercore ISI increased their price target on Exelon from $48.00 to $51.00 and gave the company an “in-line” rating in a report on Friday, May 2nd. KeyCorp lowered shares of Exelon from a “sector weight” rating to an “underweight” rating and set a $39.00 price target on the stock. in a research report on Wednesday, May 14th. Morgan Stanley reduced their price objective on shares of Exelon from $49.00 to $48.00 and set an “equal weight” rating for the company in a research note on Thursday, May 22nd. Finally, UBS Group reiterated a “neutral” rating and issued a $48.00 target price (up from $46.00) on shares of Exelon in a research note on Monday, June 2nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $47.40.

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.