Exelon Co. (NASDAQ:EXC) Stock Holdings Decreased by Advanced Asset Management Advisors Inc

Advanced Asset Management Advisors Inc reduced its position in Exelon Co. (NASDAQ:EXC) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,396 shares of the company’s stock after selling 921 shares during the period. Advanced Asset Management Advisors Inc’s holdings in Exelon were worth $1,144,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Stephens Consulting LLC boosted its holdings in shares of Exelon by 78.1% during the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock worth $29,000 after purchasing an additional 343 shares during the period. Ashton Thomas Securities LLC acquired a new stake in shares of Exelon during the third quarter worth approximately $32,000. Brown Lisle Cummings Inc. acquired a new stake in shares of Exelon during the fourth quarter worth approximately $30,000. Crews Bank & Trust acquired a new stake in shares of Exelon during the fourth quarter worth approximately $34,000. Finally, Versant Capital Management Inc boosted its holdings in shares of Exelon by 56.7% during the fourth quarter. Versant Capital Management Inc now owns 1,047 shares of the company’s stock worth $39,000 after purchasing an additional 379 shares during the period. 80.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on EXC. Morgan Stanley decreased their price target on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. Scotiabank lifted their target price on shares of Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research note on Thursday. Barclays reduced their target price on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a research note on Wednesday, January 22nd. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, Evercore ISI upgraded shares of Exelon from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $43.00 to $44.00 in a research note 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 stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $43.38.

Exelon Trading Down 0.3 %

Shares of EXC stock opened at $42.85 on Monday. Exelon Co. has a 1 year low of $34.01 and a 1 year high of $43.45. The firm’s fifty day simple moving average is $38.82 and its 200 day simple moving average is $38.94. The firm has a market capitalization of $43.06 billion, a P/E ratio of 17.63, a price-to-earnings-growth ratio of 2.74 and a beta of 0.56. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.66.

Exelon (NASDAQ:EXC) last announced its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Exelon had a net margin of 10.60% and a return on equity of 9.47%. During the same quarter last year, the company earned $0.60 EPS. As a group, sell-side analysts predict that Exelon Co. will post 2.46 EPS for the current year.

Exelon Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, February 24th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.73%. 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 62.55%.

Insider Buying and Selling at Exelon

In other 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 sale, the executive vice president now 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 is accessible through this link. Insiders own 0.10% of the company’s stock.

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.