SG Americas Securities LLC Has $17.08 Million Stock Position in Exelon Co. (NASDAQ:EXC)

SG Americas Securities LLC boosted its position in shares of Exelon Co. (NASDAQ:EXC) by 28.9% in the third quarter, Holdings Channel.com reports. The firm owned 421,129 shares of the company’s stock after purchasing an additional 94,383 shares during the period. SG Americas Securities LLC’s holdings in Exelon were worth $17,077,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Crewe Advisors LLC acquired a new stake in shares of Exelon in the first quarter worth about $26,000. American National Bank & Trust lifted its position in shares of Exelon by 178.8% in the third quarter. American National Bank & Trust now owns 697 shares of the company’s stock worth $28,000 after buying an additional 447 shares during the last quarter. Register Financial Advisors LLC acquired a new stake in shares of Exelon in the first quarter worth about $26,000. Versant Capital Management Inc increased its stake in shares of Exelon by 646.2% in the second quarter. Versant Capital Management Inc now owns 776 shares of the company’s stock worth $27,000 after purchasing an additional 672 shares during the period. Finally, J.Safra Asset Management Corp bought a new position in shares of Exelon in the second quarter worth about $28,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Trading Down 1.4 %

Exelon stock traded down $0.57 during mid-day trading on Friday, hitting $40.21. The stock had a trading volume of 7,512,383 shares, compared to its average volume of 6,852,867. The stock has a 50-day simple moving average of $38.61 and a two-hundred day simple moving average of $37.28. The company has a current ratio of 1.03, a quick ratio of 0.93 and a debt-to-equity ratio of 1.66. The stock has a market capitalization of $40.23 billion, a PE ratio of 17.33, a P/E/G ratio of 2.92 and a beta of 0.53. Exelon Co. has a 12 month low of $33.35 and a 12 month high of $41.48.

Exelon (NASDAQ:EXC) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.40 by $0.07. Exelon had a net margin of 10.65% and a return on equity of 9.40%. The company had revenue of $5.36 billion during the quarter, compared to analysts’ expectations of $4.98 billion. During the same quarter in the previous year, the company earned $0.41 EPS. As a group, sell-side analysts forecast that Exelon Co. will post 2.45 EPS for the current year.

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Monday, August 12th were given a dividend of $0.38 per share. The ex-dividend date was Monday, August 12th. This represents a $1.52 annualized dividend and a dividend yield of 3.78%. Exelon’s payout ratio is currently 65.52%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on EXC shares. Scotiabank lifted their price objective on Exelon from $37.00 to $40.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 20th. Wells Fargo & Company lifted their price objective on Exelon from $40.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Friday, August 2nd. Barclays boosted their price target on Exelon from $39.00 to $41.00 and gave the company an “overweight” rating in a research note on Monday, July 22nd. UBS Group boosted their price target on Exelon from $40.00 to $43.00 and gave the company a “neutral” rating in a research note on Friday, September 20th. Finally, Jefferies Financial Group began coverage on shares of Exelon in a report on Thursday, September 19th. They set a “buy” rating and a $46.00 price objective for the company. Eleven analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Exelon has an average rating of “Hold” and an average price target of $41.08.

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.