Signaturefd LLC Sells 1,315 Shares of Exelon Co. (NASDAQ:EXC)

Signaturefd LLC decreased its holdings in Exelon Co. (NASDAQ:EXC) by 8.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 13,732 shares of the company’s stock after selling 1,315 shares during the quarter. Signaturefd LLC’s holdings in Exelon were worth $493,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in EXC. Antonetti Capital Management LLC lifted its position in Exelon by 98.8% in the 3rd quarter. Antonetti Capital Management LLC now owns 805 shares of the company’s stock valued at $30,000 after acquiring an additional 400 shares in the last quarter. Addison Advisors LLC lifted its position in shares of Exelon by 50.3% during the 3rd quarter. Addison Advisors LLC now owns 825 shares of the company’s stock worth $31,000 after buying an additional 276 shares in the last quarter. Fortis Group Advisors LLC bought a new position in shares of Exelon during the 3rd quarter worth approximately $31,000. Bruce G. Allen Investments LLC bought a new position in shares of Exelon during the 4th quarter worth approximately $34,000. Finally, Peoples Bank KS bought a new position in shares of Exelon during the 3rd quarter worth approximately $38,000. Institutional investors own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

EXC has been the topic of several recent analyst reports. Wells Fargo & Company dropped their target price on shares of Exelon from $41.00 to $39.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 22nd. StockNews.com raised shares of Exelon from a “sell” rating to a “hold” rating in a research report on Monday, March 25th. UBS Group cut shares of Exelon from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $47.00 to $37.00 in a research report on Tuesday, January 2nd. Seaport Res Ptn cut shares of Exelon from a “buy” rating to a “neutral” rating in a research report on Monday, January 8th. Finally, Scotiabank lowered their price target on shares of Exelon from $39.00 to $37.00 and set a “sector perform” rating on the stock in a report on Monday. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Exelon has an average rating of “Hold” and a consensus price target of $38.92.

Exelon Trading Up 0.6 %

Shares of EXC stock opened at $37.77 on Thursday. The company’s fifty day simple moving average is $36.63 and its two-hundred day simple moving average is $37.11. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.81 and a quick ratio of 0.73. Exelon Co. has a 1 year low of $33.35 and a 1 year high of $43.71. The stock has a market capitalization of $37.75 billion, a price-to-earnings ratio of 16.21, a PEG ratio of 2.74 and a beta of 0.54.

Exelon (NASDAQ:EXC) last issued its earnings results on Wednesday, February 21st. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. Exelon had a net margin of 10.72% and a return on equity of 9.40%. The business had revenue of $5.37 billion for the quarter, compared to analysts’ expectations of $3.87 billion. During the same quarter in the previous year, the firm posted $0.43 EPS. The business’s revenue for the quarter was up 15.0% compared to the same quarter last year. As a group, analysts anticipate that Exelon Co. will post 2.41 earnings per share for the current year.

Exelon Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, March 4th were issued a dividend of $0.38 per share. This is a boost from Exelon’s previous quarterly dividend of $0.36. The ex-dividend date was Friday, March 1st. This represents a $1.52 dividend on an annualized basis and a yield of 4.02%. Exelon’s payout ratio is presently 65.24%.

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.