Exelon Co. (NASDAQ:EXC) Shares Sold by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC decreased its position in Exelon Co. (NASDAQ:EXC - Free Report) by 40.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,133 shares of the company's stock after selling 7,675 shares during the period. Focus Partners Advisor Solutions LLC's holdings in Exelon were worth $419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in EXC. Millstone Evans Group LLC acquired a new position in shares of Exelon during the fourth quarter worth about $28,000. Stephens Consulting LLC boosted its position in shares of Exelon by 78.1% during the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company's stock worth $29,000 after purchasing an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. purchased a new position in Exelon in the 4th quarter valued at approximately $30,000. Crews Bank & Trust acquired a new position in Exelon during the fourth quarter worth about $34,000. Finally, Capital Advisors Ltd. LLC boosted its stake in shares of Exelon by 119.6% during the fourth quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock valued at $35,000 after acquiring an additional 513 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on EXC shares. UBS Group upped their price target on shares of Exelon from $45.00 to $47.00 and gave the stock a "neutral" rating in a research report on Friday, March 21st. Guggenheim upped their price objective on Exelon from $47.00 to $50.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Scotiabank upped their price objective on shares of Exelon from $42.00 to $44.00 and gave the company a "sector perform" rating in a research note on Thursday, February 13th. Morgan Stanley reduced their price target on Exelon from $49.00 to $48.00 and set an "equal weight" rating for the company in a report on Thursday, May 22nd. Finally, Evercore ISI increased their price objective on Exelon from $48.00 to $51.00 and gave the company an "in-line" rating in a research report on Friday, May 2nd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, Exelon presently has a consensus rating of "Hold" and an average target price of $47.30.

Exelon Stock Performance

NASDAQ:EXC traded down $0.63 during mid-day trading on Wednesday, hitting $43.28. 4,343,897 shares of the company traded hands, compared to its average volume of 7,314,298. The stock's fifty day moving average price is $45.22 and its 200-day moving average price is $41.83. Exelon Co. has a one year low of $34.01 and a one year high of $48.11. The firm has a market cap of $43.69 billion, a price-to-earnings ratio of 17.67, a price-to-earnings-growth ratio of 2.86 and a beta of 0.43. 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 (NASDAQ:EXC - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.06. Exelon had a return on equity of 9.52% and a net margin of 10.68%. The business had revenue of $6.71 billion for the quarter, compared to analysts' expectations of $6.30 billion. During the same quarter last year, the firm earned $0.68 EPS. The business's revenue for the quarter was up 11.1% on a year-over-year basis. Research analysts anticipate that Exelon Co. will post 2.64 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Monday, May 12th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.70%. The ex-dividend date is Monday, May 12th. Exelon's dividend payout ratio (DPR) is presently 59.48%.

Exelon 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.