Tompkins Financial Corp Purchases 4164 Shares of Exelon Co. (EXC)
- Author: Zachary Reyes May 28, 2017,
May 28, 2017, 21:32
In the past 5 years, the stock showed growth of -4.05% per annum.
The company has been one of the biggest innovators in "Diversified Utilities" employing approximately 34396 full time employees.
A number of other brokerages also recently issued reports on EXC. Wells Fargo & Co downgraded Exelon from an "outperform" rating to a "market perform" rating in a research report on Wednesday, April 5th. State Street Corp now owns 55,922,259 shares of the energy giant's stock valued at $1,984,678,000 after buying an additional 298,425 shares during the last quarter. Price T Rowe Associates Inc. Assetmark Inc. now owns 2,981 shares of the energy giant's stock valued at $107,000 after buying an additional 2,610 shares during the last quarter. James Investment Research Inc. boosted its stake in Exelon by 1.0% in the third quarter. Norges Bank acquired a new position in Exelon during the fourth quarter valued at $295,370,000. Cable Hill Partners LLC boosted its stake in shares of Exelon by 0.8% in the third quarter. Savant Capital LLC now owns 19,379 shares of the energy giant's stock valued at $645,000 after buying an additional 1,750 shares during the period. Hedge funds and other institutional investors own 75.83% of the company's stock.
Shares of Exelon Co.
Now the shares of Exelon Corporation (EXC) has a trading volume of 7.36 Million shares, with an average trading volume of 5630 shares - with shares dropping to a 52 week low of $29.25, and the company's shares hitting a 52 week high of $ 36.83. The Average Volume of the company is 4.85 Million and P/E (price to earnings) ratio is 16.39, while Forward P/E ratio is 11.95. Exelon has a 1-year low of $29.82 and a 1-year high of $37.70. The 50 day moving average of NYSE:EXC is 35.21 and the 200 day moving average is 34.83.
Exelon (NYSE:EXC) last released its quarterly earnings results on Wednesday, May 3rd.
The company reported its EPS on 05/03/2017.
For a total return analysis, there is the 3.80% return on equity and the 7.50% return on assets to consider. The company maintains price to book ratio of 0.00 vs.an industry average at 3.02. The energy giant reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.62 by $0.03. Revenue is expected in between 8.72 Billion and 6.48 Billion with an average of 7.7 Billion. The average analysts gave this company a mean recommendation of 2.20.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 9th. The ex-dividend date of this dividend is Thursday, May 11th. This represents a $1.31 annualized dividend and a dividend yield of 3.66%. Exelon has a payout ratio of 49.1% meaning its dividend is sufficiently covered by earnings.
Macquarie Group Ltd. cut its stake in Exelon Co. If EXC is undervalued and the market situation is in decline stage, it might be a good investment too. If you are viewing this piece on another site, it was copied illegally and reposted in violation of US & global trademark and copyright laws.
News articles about Exelon (NYSE:EXC) have trended somewhat positive on Saturday, Alpha One Sentiment reports.
A number of research analysts recently weighed in on EXC shares. Zacks Investment Research downgraded shares of Exelon from a "buy" rating to a "hold" rating in a research note on Tuesday, February 21st. Finally, KeyCorp upgraded Exelon from a "sector weight" rating to an "overweight" rating and set a $41.00 price target on the stock in a report on Monday, February 13th. Buy rating has been given by 3 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 10 analysts given HOLD rating. Morgan Stanley cut shares of Exelon from an "overweight" rating to an "equal weight" rating and cut their target price for the company from $40.00 to $37.00 in a research note on Tuesday, March 28th.
In other news, Director John W. Rogers, Jr. purchased 3,000 shares of the stock in a transaction dated Thursday, May 11th.
Exelon Corporation (EXC) has been given an average price target of $39.13 from analysts, according to data collected by Finviz. Following the completion of the acquisition, the director now owns 14,374 shares of the company's stock, valued at approximately $482,535.18. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Duane M. Desparte sold 5,000 shares of the firm's stock in a transaction on Tuesday, February 21st.