Exelon Co. (NASDAQ:EXC) Holdings Lowered by Community Bank N.A.

Community Bank N.A. trimmed its stake in shares of Exelon Co. (NASDAQ:EXC) by 11.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,011 shares of the company’s stock after selling 2,380 shares during the period. Community Bank N.A.’s holdings in Exelon were worth $715,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Empowered Funds LLC raised its position in Exelon by 8.8% during the third quarter. Empowered Funds LLC now owns 16,980 shares of the company’s stock valued at $689,000 after buying an additional 1,367 shares during the period. Prospera Financial Services Inc raised its position in Exelon by 16.9% during the third quarter. Prospera Financial Services Inc now owns 11,511 shares of the company’s stock valued at $467,000 after buying an additional 1,661 shares during the period. Commerce Bank raised its position in Exelon by 1.4% during the third quarter. Commerce Bank now owns 49,290 shares of the company’s stock valued at $1,999,000 after buying an additional 674 shares during the period. Intech Investment Management LLC raised its position in Exelon by 10.0% during the third quarter. Intech Investment Management LLC now owns 73,415 shares of the company’s stock valued at $2,977,000 after buying an additional 6,704 shares during the period. Finally, Raymond James Trust N.A. raised its position in Exelon by 4.1% during the third quarter. Raymond James Trust N.A. now owns 21,185 shares of the company’s stock valued at $859,000 after buying an additional 838 shares during the period. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Price Performance

Shares of NASDAQ:EXC opened at $43.80 on Monday. The business has a 50 day moving average price of $41.97 and a 200 day moving average price of $39.97. Exelon Co. has a twelve month low of $34.01 and a twelve month high of $45.20. The company has a market cap of $44.03 billion, a price-to-earnings ratio of 17.88, a PEG ratio of 2.86 and a beta of 0.51. 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) last announced its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.05. Exelon had a return on equity of 9.52% and a net margin of 10.68%. During the same quarter in the prior year, the business posted $0.60 earnings per share. Research analysts predict that Exelon Co. will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.65%. This is a positive change from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, February 24th. Exelon’s dividend payout ratio is presently 65.31%.

Insider Buying and Selling

In related news, EVP Colette D. Honorable sold 1,463 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total transaction of $59,353.91. Following the completion of the transaction, the executive vice president now owns 2,271 shares in the company, valued at $92,134.47. This trade represents a 39.18 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. 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 research report on Tuesday, January 21st. BMO Capital Markets reaffirmed an “outperform” rating on shares of Exelon in a research report on Tuesday, February 4th. Scotiabank upped their target price on Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. UBS Group upped their target price on Exelon from $45.00 to $47.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, Morgan Stanley upped their target price on Exelon from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.13.

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.