Exelon Corporation (NASDAQ:EXC) Shares Sold by Yardley Wealth Management LLC

Yardley Wealth Management LLC decreased its holdings in Exelon Corporation (NASDAQ:EXC - Free Report) by 50.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,000 shares of the company's stock after selling 8,000 shares during the quarter. Yardley Wealth Management LLC's holdings in Exelon were worth $369,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Ameriflex Group Inc. acquired a new position in Exelon in the 4th quarter worth approximately $25,000. Millstone Evans Group LLC purchased a new stake in Exelon in the 4th quarter worth approximately $28,000. SBI Securities Co. Ltd. acquired a new stake in shares of Exelon during the 4th quarter valued at $36,000. CoreFirst Bank & Trust acquired a new position in shares of Exelon in the fourth quarter worth $40,000. Finally, Opal Wealth Advisors LLC acquired a new stake in Exelon during the first quarter valued at $50,000. Institutional investors and hedge funds own 80.92% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on EXC shares. Morgan Stanley cut their price objective on shares of Exelon from $49.00 to $48.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 22nd. Wells Fargo & Company upped their price objective on shares of Exelon from $46.00 to $50.00 and gave the stock an "equal weight" rating in a report on Friday, May 2nd. UBS Group reissued a "neutral" rating and set a $48.00 target price (up previously from $46.00) on shares of Exelon in a research report on Monday, June 2nd. KeyCorp lowered Exelon from a "sector weight" rating to an "underweight" rating and set a $39.00 price objective on the stock. in a research note on Wednesday, May 14th. Finally, BMO Capital Markets raised their target price on Exelon from $46.00 to $50.00 and gave the company an "outperform" rating in a report on Monday, April 28th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Exelon has a consensus rating of "Hold" and an average target price of $47.40.

Exelon Trading Up 0.9%

Shares of EXC stock opened at $42.91 on Monday. The company has a market capitalization of $43.32 billion, a P/E ratio of 15.95, a P/E/G ratio of 2.48 and a beta of 0.40. Exelon Corporation has a 12-month low of $34.01 and a 12-month high of $48.11. The company has a quick ratio of 0.98, a current ratio of 1.09 and a debt-to-equity ratio of 1.66. The firm has a 50-day moving average price of $44.13 and a 200 day moving average price of $42.57.

Exelon (NASDAQ:EXC - Get Free Report) last issued its quarterly earnings data 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 10.29% and a net margin of 11.44%. The firm had revenue of $6.71 billion during the quarter, compared to the consensus estimate of $6.30 billion. During the same quarter in the previous year, the company posted $0.68 EPS. The business's revenue for the quarter was up 11.1% compared to the same quarter last year. Research analysts forecast that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, May 12th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date of this dividend was Monday, May 12th. Exelon's dividend payout ratio is currently 59.48%.

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.

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