Yardley Wealth Management LLC Has $626,000 Stock Position in Exelon Co. (NASDAQ:EXC)

Yardley Wealth Management LLC increased its position in shares of Exelon Co. (NASDAQ:EXC) by 100.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,000 shares of the company’s stock after buying an additional 8,000 shares during the quarter. Yardley Wealth Management LLC’s holdings in Exelon were worth $626,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Rosenberg Matthew Hamilton raised its stake in Exelon by 12.6% during the 4th quarter. Rosenberg Matthew Hamilton now owns 2,457 shares of the company’s stock worth $92,000 after buying an additional 275 shares during the period. Wesbanco Bank Inc. raised its stake in shares of Exelon by 3.1% in the fourth quarter. Wesbanco Bank Inc. now owns 9,951 shares of the company’s stock worth $375,000 after purchasing an additional 296 shares during the last quarter. PFG Investments LLC raised its stake in shares of Exelon by 2.4% in the fourth quarter. PFG Investments LLC now owns 13,151 shares of the company’s stock worth $495,000 after purchasing an additional 305 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of Exelon by 1.7% in the fourth quarter. Stratos Wealth Partners LTD. now owns 18,505 shares of the company’s stock worth $697,000 after purchasing an additional 311 shares during the last quarter. Finally, Blue Trust Inc. raised its stake in shares of Exelon by 3.0% in the fourth quarter. Blue Trust Inc. now owns 11,085 shares of the company’s stock worth $450,000 after purchasing an additional 322 shares during the last quarter. 80.92% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Exelon

In other news, EVP Colette D. Honorable sold 1,463 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at $92,134.47. This trade represents a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.10% of the company’s stock.

Exelon Price Performance

Shares of NASDAQ EXC opened at $44.19 on Monday. The stock has a fifty day simple moving average of $41.32 and a two-hundred day simple moving average of $39.75. Exelon Co. has a 1-year low of $34.01 and a 1-year high of $45.20. The firm has a market cap of $44.42 billion, a price-to-earnings ratio of 18.04, a price-to-earnings-growth ratio of 2.86 and a beta of 0.51. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 1.61.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data 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 return on equity of 9.52% and a net margin of 10.68%. During the same quarter last year, the business earned $0.60 earnings per share. Analysts anticipate that Exelon Co. will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were issued a $0.40 dividend. This is a positive change from Exelon’s previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date of this dividend was Monday, February 24th. Exelon’s dividend payout ratio (DPR) is presently 65.31%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Barclays increased their price objective on Exelon from $42.00 to $48.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 25th. BMO Capital Markets reissued an “outperform” rating on shares of Exelon in a research note on Tuesday, February 4th. Scotiabank upped their target price on Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a report on Thursday, February 13th. Guggenheim raised Exelon from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Finally, Evercore ISI raised Exelon from an “in-line” rating to an “outperform” rating and upped their target price for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $44.13.

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.