Golub Group LLC Purchases 3,554 Shares of Exelon Co. (NYSE:EXC)

Golub Group LLC grew its position in shares of Exelon Co. (NYSE:EXC) by 5.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,432 shares of the energy giant’s stock after buying an additional 3,554 shares during the period. Golub Group LLC’s holdings in Exelon were worth $3,209,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of EXC. Cliftonlarsonallen Wealth Advisors LLC increased its position in shares of Exelon by 0.4% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 48,412 shares of the energy giant’s stock worth $2,339,000 after purchasing an additional 212 shares during the period. Trust Co. of Toledo NA OH increased its position in shares of Exelon by 0.7% in the second quarter. Trust Co. of Toledo NA OH now owns 33,723 shares of the energy giant’s stock worth $1,616,000 after purchasing an additional 218 shares during the period. Hanseatic Management Services Inc. increased its position in shares of Exelon by 7.1% in the second quarter. Hanseatic Management Services Inc. now owns 3,660 shares of the energy giant’s stock worth $175,000 after purchasing an additional 243 shares during the period. Hoover Financial Advisors Inc. increased its position in shares of Exelon by 5.8% in the second quarter. Hoover Financial Advisors Inc. now owns 4,463 shares of the energy giant’s stock worth $214,000 after purchasing an additional 245 shares during the period. Finally, FinTrust Capital Advisors LLC increased its position in shares of Exelon by 7.5% in the third quarter. FinTrust Capital Advisors LLC now owns 3,527 shares of the energy giant’s stock worth $170,000 after purchasing an additional 245 shares during the period. Hedge funds and other institutional investors own 78.99% of the company’s stock.

A number of research analysts have issued reports on the company. Credit Suisse Group decreased their target price on Exelon from $51.00 to $50.00 and set an “outperform” rating on the stock in a research report on Friday, October 18th. Morgan Stanley upgraded Exelon from an “equal weight” rating to an “overweight” rating in a research report on Friday, September 6th. Argus reiterated a “buy” rating and issued a $53.00 target price on shares of Exelon in a research report on Wednesday, September 18th. SunTrust Banks decreased their target price on Exelon to $46.00 and set a “hold” rating on the stock in a research report on Friday, October 18th. Finally, Barclays reiterated a “buy” rating and issued a $54.00 target price on shares of Exelon in a research report on Thursday, September 26th. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Exelon has a consensus rating of “Buy” and a consensus price target of $52.00.

Exelon stock traded up $0.01 during midday trading on Friday, reaching $44.71. The company’s stock had a trading volume of 4,067,646 shares, compared to its average volume of 5,601,188. The business has a 50-day moving average price of $46.74 and a 200-day moving average price of $47.74. Exelon Co. has a 52 week low of $43.10 and a 52 week high of $51.18. The stock has a market cap of $43.55 billion, a PE ratio of 14.33, a price-to-earnings-growth ratio of 4.50 and a beta of 0.26. The company has a current ratio of 0.90, a quick ratio of 0.77 and a debt-to-equity ratio of 0.95.

Exelon (NYSE:EXC) last announced its quarterly earnings results on Thursday, October 31st. The energy giant reported $0.92 EPS for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.03. Exelon had a return on equity of 8.47% and a net margin of 6.43%. The firm had revenue of $9.40 billion for the quarter, compared to analyst estimates of $8.70 billion. During the same period last year, the firm posted $0.88 earnings per share. The business’s revenue for the quarter was up 16.4% on a year-over-year basis. As a group, research analysts predict that Exelon Co. will post 3.14 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.3625 per share. This represents a $1.45 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date is Thursday, November 14th. Exelon’s payout ratio is 46.47%.

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.

Featured Article: What is the yield curve?

Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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.