Exelon Co. (NASDAQ:EXC) Shares Sold by Kintegral Advisory LLC

Kintegral Advisory LLC cut its holdings in shares of Exelon Co. (NASDAQ:EXC) by 4.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,634 shares of the company’s stock after selling 635 shares during the period. Kintegral Advisory LLC’s holdings in Exelon were worth $513,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Czech National Bank raised its holdings in Exelon by 7.0% during the fourth quarter. Czech National Bank now owns 217,868 shares of the company’s stock worth $8,201,000 after purchasing an additional 14,158 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in Exelon by 20.8% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,624,805 shares of the company’s stock worth $61,158,000 after purchasing an additional 279,827 shares in the last quarter. HITE Hedge Asset Management LLC raised its holdings in Exelon by 431.3% during the third quarter. HITE Hedge Asset Management LLC now owns 395,840 shares of the company’s stock worth $16,051,000 after purchasing an additional 321,333 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Exelon by 2.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 6,446,408 shares of the company’s stock worth $261,402,000 after purchasing an additional 123,466 shares in the last quarter. Finally, State Street Corp raised its holdings in Exelon by 3.7% during the third quarter. State Street Corp now owns 60,169,219 shares of the company’s stock worth $2,439,862,000 after purchasing an additional 2,156,259 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. BMO Capital Markets reissued an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. Scotiabank upped their price target on Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a report on Thursday, February 13th. Evercore ISI raised Exelon from an “in-line” rating to an “outperform” rating and upped their price target for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Guggenheim raised Exelon from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Finally, Barclays dropped their price target on Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, January 22nd. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $43.38.

Insider Activity

In related news, EVP Colette D. Honorable sold 1,463 shares of the company’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 completion of the sale, the executive vice president now directly owns 2,271 shares in the company, valued at approximately $92,134.47. This represents a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.10% of the stock is currently owned by corporate insiders.

Exelon Price Performance

Shares of NASDAQ:EXC opened at $43.39 on Monday. The company’s fifty day moving average is $39.41 and its two-hundred day moving average is $39.11. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61. Exelon Co. has a 12-month low of $34.01 and a 12-month high of $43.69. The company has a market cap of $43.62 billion, a P/E ratio of 17.71, a price-to-earnings-growth ratio of 2.86 and a beta of 0.56.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, beating the consensus estimate 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 company posted $0.60 EPS. Equities analysts expect that Exelon Co. will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, February 24th will be issued a dividend of $0.40 per share. This is a boost from Exelon’s previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Monday, February 24th. Exelon’s payout ratio is currently 62.04%.

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.