Siemens Fonds Invest GmbH Sells 9,465 Shares of Exelon Co. (NASDAQ:EXC)

Siemens Fonds Invest GmbH trimmed its holdings in Exelon Co. (NASDAQ:EXC - Free Report) by 87.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,369 shares of the company's stock after selling 9,465 shares during the quarter. Siemens Fonds Invest GmbH's holdings in Exelon were worth $52,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Millstone Evans Group LLC bought a new stake in Exelon during the 4th quarter valued at $28,000. Stephens Consulting LLC raised its holdings in Exelon by 78.1% during the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company's stock valued at $29,000 after buying an additional 343 shares during the last quarter. Brown Lisle Cummings Inc. bought a new stake in Exelon during the 4th quarter valued at $30,000. Crews Bank & Trust bought a new stake in Exelon during the 4th quarter valued at $34,000. Finally, Capital Advisors Ltd. LLC raised its holdings in Exelon by 119.6% during the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock valued at $35,000 after buying an additional 513 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

EXC has been the subject of a number of recent analyst reports. KeyCorp lowered shares of Exelon from a "sector weight" rating to an "underweight" rating and set a $39.00 price target for the company. in a report on Wednesday, May 14th. UBS Group boosted their price objective on shares of Exelon from $45.00 to $47.00 and gave the company a "neutral" rating in a research report on Friday, March 21st. Barclays boosted their price objective on shares of Exelon from $42.00 to $48.00 and gave the company an "overweight" rating in a research report on Tuesday, February 25th. Guggenheim boosted their price objective on shares of Exelon from $47.00 to $50.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. Finally, Evercore ISI boosted their price objective on shares of Exelon from $48.00 to $51.00 and gave the company an "in-line" rating in a research report on Friday, May 2nd. One equities research 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. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $47.30.

Exelon Stock Up 1.5%

NASDAQ:EXC opened at $44.09 on Monday. The firm's 50-day moving average price is $45.23 and its 200-day moving average price is $41.57. The company has a market capitalization of $44.51 billion, a PE ratio of 18.00, a P/E/G ratio of 2.86 and a beta of 0.43. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. Exelon Co. has a 1-year low of $34.01 and a 1-year high of $48.11.

Exelon (NASDAQ:EXC - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.92 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.06. The firm had revenue of $6.71 billion for the quarter, compared to the consensus estimate of $6.30 billion. Exelon had a net margin of 10.68% and a return on equity of 9.52%. The company's revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.68 EPS. On average, equities analysts predict that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors 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 yield of 3.63%. The ex-dividend date of this dividend is Monday, May 12th. Exelon's dividend payout ratio (DPR) is 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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