Exelon Co. (NASDAQ:EXC) Stock Holdings Lessened by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. lessened its holdings in shares of Exelon Co. (NASDAQ:EXC) by 42.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,299 shares of the company’s stock after selling 949 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Exelon were worth $49,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stephens Consulting LLC boosted its stake in Exelon by 78.1% in the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after acquiring an additional 343 shares during the period. Brown Lisle Cummings Inc. bought a new position in Exelon during the 4th quarter worth $30,000. Crews Bank & Trust acquired a new stake in Exelon in the fourth quarter worth $34,000. Capital Advisors Ltd. LLC lifted its stake in Exelon by 119.6% in the fourth 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. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Exelon during the fourth quarter valued at $36,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Insider Buying and Selling at Exelon

In related news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $40.57, for a total value of $59,353.91. Following the transaction, the executive vice president now owns 2,271 shares of the company’s stock, valued at approximately $92,134.47. This trade represents a 39.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. BMO Capital Markets reaffirmed an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. UBS Group boosted their price objective on Exelon from $45.00 to $47.00 and gave the stock a “neutral” rating in a research report on Friday. Evercore ISI upgraded Exelon from an “in-line” rating to an “outperform” rating and raised their target price for the company from $43.00 to $44.00 in a research report on Tuesday, January 21st. Finally, Barclays boosted their price target on Exelon from $42.00 to $48.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 25th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Exelon presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.13.

Exelon Trading Down 0.5 %

Shares of Exelon stock opened at $43.58 on Tuesday. The business has a fifty day simple moving average of $42.09 and a 200-day simple moving average of $40.00. Exelon Co. has a fifty-two week low of $34.01 and a fifty-two week high of $45.20. The firm has a market cap of $44.00 billion, a price-to-earnings ratio of 17.79, a price-to-earnings-growth 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 issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05. Exelon had a net margin of 10.68% and a return on equity of 9.52%. During the same period in the prior year, the business posted $0.60 earnings per share. On average, equities analysts forecast that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, February 24th were given a $0.40 dividend. This is a positive change from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, February 24th. This represents a $1.60 annualized dividend and a yield of 3.67%. Exelon’s payout ratio is 65.31%.

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.