Exelon Co. (NASDAQ:EXC) Shares Sold by Keeley Teton Advisors LLC

Keeley Teton Advisors LLC lowered its holdings in Exelon Co. (NASDAQ:EXC) by 5.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,314 shares of the company’s stock after selling 2,537 shares during the period. Keeley Teton Advisors LLC’s holdings in Exelon were worth $1,668,000 as of its most recent SEC filing.

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

Exelon Trading Down 0.3 %

Shares of NASDAQ EXC opened at $46.74 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61. The stock’s 50 day moving average price is $44.04 and its two-hundred day moving average price is $40.68. Exelon Co. has a 52-week low of $34.01 and a 52-week high of $48.11. The stock has a market capitalization of $47.19 billion, a P/E ratio of 19.08, a PEG ratio of 2.86 and a beta of 0.39.

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

Exelon Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, February 24th were issued a $0.40 dividend. The ex-dividend date was Monday, February 24th. This represents a $1.60 dividend on an annualized basis and a yield of 3.42%. This is a boost from Exelon’s previous quarterly dividend of $0.38. Exelon’s dividend payout ratio (DPR) is currently 65.31%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Morgan Stanley boosted their target price on shares of Exelon from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 20th. UBS Group boosted their price objective on shares of Exelon from $45.00 to $47.00 and gave the stock a “neutral” rating in a report on Friday, March 21st. BMO Capital Markets restated an “outperform” rating on shares of Exelon in a research note on Tuesday, February 4th. Scotiabank boosted their price target on Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 13th. Finally, Evercore ISI restated an “in-line” rating and set a $48.00 price objective (up previously from $46.00) on shares of Exelon in a research note on Tuesday. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $45.63.

Insider Buying and Selling at Exelon

In other news, EVP Colette D. Honorable sold 1,463 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were 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 of the company’s stock, valued at approximately $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.10% of the stock is currently owned by insiders.

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.