Mutual of America Capital Management LLC Has $4.53 Million Stake in Exelon Co. (NASDAQ:EXC)

Mutual of America Capital Management LLC reduced its position in Exelon Co. (NASDAQ:EXC) by 2.2% in the 4th quarter, Holdings Channel reports. The firm owned 120,358 shares of the company’s stock after selling 2,764 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Exelon were worth $4,530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Stephens Consulting LLC grew its stake in shares of Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after purchasing an additional 343 shares during the period. Brown Lisle Cummings Inc. acquired a new stake in Exelon in the 4th quarter valued at $30,000. Ashton Thomas Securities LLC bought a new stake in Exelon in the third quarter valued at $32,000. Crews Bank & Trust bought a new stake in Exelon in the fourth quarter valued at $34,000. Finally, Capital Advisors Ltd. LLC raised its stake in Exelon by 119.6% during the fourth quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock worth $35,000 after acquiring an additional 513 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Insider Activity

In related news, EVP Colette D. Honorable sold 1,463 shares of the business’s stock in a transaction that occurred on 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 approximately $92,134.47. The trade was a 39.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on EXC shares. BMO Capital Markets reaffirmed an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. Barclays upped their price objective on shares of Exelon from $42.00 to $48.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 25th. Morgan Stanley cut their target price on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a research note on Friday, November 22nd. Scotiabank boosted their target price on Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a report on Thursday, February 13th. Finally, Evercore ISI raised Exelon from an “in-line” rating to an “outperform” rating and raised their price target for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $44.13.

Exelon Trading Down 2.0 %

EXC stock opened at $43.68 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61. Exelon Co. has a twelve month low of $34.01 and a twelve month high of $45.20. The company has a market cap of $43.91 billion, a P/E ratio of 17.83, a PEG ratio of 2.86 and a beta of 0.56. The business has a fifty day moving average of $40.40 and a 200-day moving average of $39.44.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.05. Exelon had a return on equity of 9.52% and a net margin of 10.68%. During the same quarter in the previous year, the company posted $0.60 earnings per share. As a group, equities research analysts expect that Exelon Co. will post 2.64 EPS for the current year.

Exelon Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, February 24th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.66%. This is a boost from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date is Monday, February 24th. Exelon’s dividend payout ratio (DPR) is currently 65.31%.

Exelon 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.