FRG Family Wealth Advisors LLC Sells 480 Shares of Exelon Co. (NASDAQ:EXC)

FRG Family Wealth Advisors LLC reduced its stake in shares of Exelon Co. (NASDAQ:EXC) by 2.0% in the 4th quarter, Holdings Channel reports. The fund owned 23,974 shares of the company’s stock after selling 480 shares during the period. FRG Family Wealth Advisors LLC’s holdings in Exelon were worth $902,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on EXC shares. Morgan Stanley lifted their target price on Exelon from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Thursday, March 20th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. UBS Group increased their price target on Exelon from $45.00 to $47.00 and gave the company a “neutral” rating in a research note on Friday, March 21st. Scotiabank increased their price objective on Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research report on Thursday, February 13th. Finally, Evercore ISI upgraded Exelon from an “in-line” rating to an “outperform” rating and increased their target price for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Exelon currently has a consensus rating of “Moderate Buy” and a consensus target price of $45.13.

Insider Transactions at Exelon

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total value of $59,353.91. Following the transaction, the executive vice president now directly owns 2,271 shares of the company’s stock, valued at approximately $92,134.47. This trade represents a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.10% of the stock is currently owned by insiders.

Exelon Trading Up 0.0 %

Shares of NASDAQ:EXC opened at $44.32 on Thursday. The company’s 50-day moving average price is $43.61 and its two-hundred day moving average price is $40.51. 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 one year low of $34.01 and a one year high of $48.11. The stock has a market capitalization of $44.74 billion, a PE ratio of 18.09, a price-to-earnings-growth ratio of 2.86 and a beta of 0.39.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 EPS 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 last year, the company posted $0.60 EPS. On average, equities analysts forecast that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date of this dividend was Monday, February 24th. This is an increase from Exelon’s previous quarterly dividend of $0.38. Exelon’s dividend payout ratio is 65.31%.

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.