Calton & Associates Inc. Invests $281,000 in Exelon Co. (EXC)

Calton & Associates Inc. purchased a new stake in shares of Exelon Co. (NYSE:EXC) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 7,293 shares of the energy giant’s stock, valued at approximately $281,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. Scotia Capital Inc. boosted its position in shares of Exelon by 8.6% during the 2nd quarter. Scotia Capital Inc. now owns 8,868 shares of the energy giant’s stock valued at $320,000 after acquiring an additional 699 shares during the last quarter. Advisory Services Network LLC boosted its position in shares of Exelon by 24.3% during the 2nd quarter. Advisory Services Network LLC now owns 4,647 shares of the energy giant’s stock valued at $168,000 after acquiring an additional 908 shares during the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Exelon by 4.8% during the 3rd quarter. Daiwa Securities Group Inc. now owns 27,526 shares of the energy giant’s stock valued at $1,037,000 after acquiring an additional 1,250 shares during the last quarter. Segall Bryant & Hamill LLC boosted its position in shares of Exelon by 20.5% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 7,480 shares of the energy giant’s stock valued at $282,000 after acquiring an additional 1,273 shares during the last quarter. Finally, ARGI Investment Services LLC boosted its position in shares of Exelon by 2.9% during the 3rd quarter. ARGI Investment Services LLC now owns 47,458 shares of the energy giant’s stock valued at $1,788,000 after acquiring an additional 1,343 shares during the last quarter. Hedge funds and other institutional investors own 77.71% of the company’s stock.

Exelon Co. (NYSE:EXC) opened at $35.98 on Friday. The company has a current ratio of 1.10, a quick ratio of 0.89 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $34,707.18, a PE ratio of 13.96, a P/E/G ratio of 2.78 and a beta of 0.23. Exelon Co. has a 1-year low of $33.30 and a 1-year high of $42.67.

Exelon (NYSE:EXC) last announced its quarterly earnings results on Wednesday, February 7th. The energy giant reported $0.55 EPS for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.05). The company had revenue of $8.38 billion during the quarter, compared to analysts’ expectations of $7.66 billion. Exelon had a return on equity of 8.35% and a net margin of 11.53%. Exelon’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the firm earned $0.44 earnings per share. research analysts anticipate that Exelon Co. will post 3 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Thursday, February 15th will be paid a $0.345 dividend. This is a boost from Exelon’s previous quarterly dividend of $0.33. This represents a $1.38 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date of this dividend is Wednesday, February 14th. Exelon’s payout ratio is 33.16%.

A number of brokerages have recently issued reports on EXC. Morgan Stanley dropped their price target on Exelon from $42.00 to $41.00 and set an “equal weight” rating for the company in a research report on Thursday. SunTrust Banks set a $42.00 price objective on Exelon and gave the company a “buy” rating in a report on Monday. Zacks Investment Research raised Exelon from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a report on Friday, February 2nd. UBS Group assumed coverage on Exelon in a report on Friday, February 2nd. They set a “buy” rating and a $44.00 price objective on the stock. Finally, Mizuho raised Exelon from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $36.00 to $40.00 in a report on Tuesday, January 23rd. One analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. Exelon currently has an average rating of “Buy” and an average target price of $41.22.

In other Exelon news, EVP Paymon Aliabadi sold 13,334 shares of Exelon stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $40.62, for a total value of $541,627.08. Following the transaction, the executive vice president now directly owns 26,435 shares of the company’s stock, valued at approximately $1,073,789.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.70% of the stock is owned by insiders.

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Exelon Profile

Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.

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Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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