Exelon Co. (NASDAQ:EXC) Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. reduced its stake in shares of Exelon Co. (NASDAQ:EXC) by 1.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,464 shares of the company’s stock after selling 387 shares during the period. D.A. Davidson & CO.’s holdings in Exelon were worth $958,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. raised its position in Exelon by 109.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,884,282 shares of the company’s stock worth $238,608,000 after buying an additional 3,068,309 shares during the last quarter. State Street Corp increased its stake in shares of Exelon by 3.7% in the third quarter. State Street Corp now owns 60,169,219 shares of the company’s stock worth $2,439,862,000 after acquiring an additional 2,156,259 shares during the period. Nordea Investment Management AB raised its holdings in shares of Exelon by 418.1% during the fourth quarter. Nordea Investment Management AB now owns 2,501,392 shares of the company’s stock worth $94,152,000 after purchasing an additional 2,018,604 shares during the last quarter. FMR LLC raised its holdings in shares of Exelon by 18.7% during the third quarter. FMR LLC now owns 11,782,549 shares of the company’s stock worth $477,782,000 after purchasing an additional 1,858,502 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in Exelon by 212.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,903,482 shares of the company’s stock valued at $71,647,000 after purchasing an additional 1,293,753 shares during the period. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. BMO Capital Markets reaffirmed an “outperform” rating on shares of Exelon in a research report on Tuesday, February 4th. Morgan Stanley reduced their price target on Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. Scotiabank upped their price objective on Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. Barclays cut their target price on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a report on Wednesday, January 22nd. Finally, Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $43.00 to $44.00 in a report on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $43.38.

Exelon Trading Up 0.5 %

Shares of EXC stock opened at $43.39 on Monday. Exelon Co. has a 1-year low of $34.01 and a 1-year high of $43.69. The company has a market cap of $43.62 billion, a price-to-earnings ratio of 17.71, a PEG ratio of 2.86 and a beta of 0.56. 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 stock has a 50 day simple moving average of $39.41 and a 200-day simple moving average of $39.11.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates 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 in the previous year, the firm earned $0.60 earnings per share. On average, equities research analysts expect that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The company also recently disclosed 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 3.69%. This is a boost from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date is Monday, February 24th. Exelon’s payout ratio is presently 62.04%.

Insiders Place Their Bets

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the sale, the executive vice president now owns 2,271 shares of the company’s stock, valued at $92,134.47. The trade was a 39.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.10% of the stock is owned by company insiders.

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.