Bay Colony Advisory Group Inc d b a Bay Colony Advisors Raises Stock Position in Exelon Co. (NASDAQ:EXC)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in Exelon Co. (NASDAQ:EXC) by 11.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,525 shares of the company’s stock after buying an additional 682 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Exelon were worth $246,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Stephens Consulting LLC boosted its stake in Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock worth $29,000 after purchasing an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. acquired a new stake in Exelon in the 4th quarter worth approximately $30,000. Ashton Thomas Securities LLC acquired a new stake in Exelon in the 3rd quarter worth approximately $32,000. Crews Bank & Trust acquired a new stake in Exelon in the 4th quarter worth approximately $34,000. Finally, Capital Advisors Ltd. LLC boosted its stake in Exelon by 119.6% in the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock worth $35,000 after purchasing an additional 513 shares in the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

EXC has been the subject of a number of recent analyst reports. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. BMO Capital Markets reiterated an “outperform” rating on shares of Exelon in a research note on Tuesday, February 4th. Morgan Stanley decreased their price objective 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. Barclays lifted their price objective on shares of Exelon from $42.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday, February 25th. Finally, Scotiabank lifted their price objective on shares of Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research note on Thursday, February 13th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $44.13.

Exelon Price Performance

NASDAQ:EXC opened at $43.11 on Friday. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. The firm has a market cap of $43.33 billion, a price-to-earnings ratio of 17.60, a price-to-earnings-growth ratio of 2.86 and a beta of 0.51. The company has a 50 day moving average price of $40.74 and a 200-day moving average price of $39.54. Exelon Co. has a 1-year low of $34.01 and a 1-year high of $45.19.

Exelon (NASDAQ:EXC) last posted its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share 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 quarter last year, the business posted $0.60 earnings per share. Equities research analysts forecast that Exelon Co. will post 2.64 EPS for the current year.

Exelon Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, February 24th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.71%. The ex-dividend date is Monday, February 24th. This is a positive change from Exelon’s previous quarterly dividend of $0.38. Exelon’s payout ratio is presently 65.31%.

Insider Buying and Selling

In related news, EVP Colette D. Honorable sold 1,463 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total value of $59,353.91. Following the completion of the sale, the executive vice president now owns 2,271 shares of the company’s stock, valued at approximately $92,134.47. The trade was a 39.18 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.10% of the stock is owned by insiders.

About Exelon

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.