Exelon Co. (NASDAQ:EXC) Shares Sold by Simmons Bank

Simmons Bank lowered its position in shares of Exelon Co. (NASDAQ:EXC) by 1.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,022 shares of the company’s stock after selling 379 shares during the quarter. Simmons Bank’s holdings in Exelon were worth $719,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of EXC. Addison Advisors LLC increased its position in Exelon by 50.3% in the third quarter. Addison Advisors LLC now owns 825 shares of the company’s stock worth $31,000 after buying an additional 276 shares during the period. Moors & Cabot Inc. increased its holdings in shares of Exelon by 4.5% in the 3rd quarter. Moors & Cabot Inc. now owns 7,005 shares of the company’s stock worth $265,000 after acquiring an additional 303 shares during the period. Verdence Capital Advisors LLC lifted its position in Exelon by 4.6% in the 3rd quarter. Verdence Capital Advisors LLC now owns 7,088 shares of the company’s stock valued at $268,000 after purchasing an additional 309 shares during the last quarter. Abundance Wealth Counselors boosted its stake in Exelon by 2.2% during the 3rd quarter. Abundance Wealth Counselors now owns 15,855 shares of the company’s stock valued at $599,000 after purchasing an additional 339 shares during the period. Finally, Redhawk Wealth Advisors Inc. grew its position in Exelon by 6.2% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 5,912 shares of the company’s stock worth $212,000 after purchasing an additional 347 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Down 0.0 %

Shares of EXC traded down $0.01 during trading hours on Wednesday, hitting $37.90. 4,878,681 shares of the company were exchanged, compared to its average volume of 6,556,282. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.93 and a current ratio of 1.03. The company has a market cap of $37.90 billion, a PE ratio of 16.26, a PEG ratio of 2.71 and a beta of 0.53. The firm’s 50 day moving average is $37.02 and its 200-day moving average is $36.96. Exelon Co. has a 52 week low of $33.35 and a 52 week high of $43.53.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, February 21st. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.02. The business had revenue of $5.37 billion during the quarter, compared to the consensus estimate of $3.87 billion. Exelon had a net margin of 10.44% and a return on equity of 9.27%. Exelon’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.43 EPS. On average, equities research analysts forecast that Exelon Co. will post 2.43 EPS for the current fiscal year.

Exelon Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Monday, May 13th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 4.01%. The ex-dividend date is Friday, May 10th. Exelon’s dividend payout ratio (DPR) is presently 65.52%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on EXC shares. TheStreet cut shares of Exelon from a “b-” rating to a “c+” rating in a research note on Wednesday, February 7th. BMO Capital Markets increased their price objective on shares of Exelon from $40.00 to $42.00 and gave the company an “outperform” rating in a report on Friday, May 3rd. Bank of America lowered their price objective on shares of Exelon from $38.00 to $36.00 and set a “neutral” rating on the stock in a research note on Friday, January 19th. Mizuho upgraded Exelon from a “neutral” rating to a “buy” rating and upped their target price for the stock from $36.00 to $39.00 in a research report on Wednesday, January 10th. Finally, StockNews.com upgraded Exelon from a “sell” rating to a “hold” rating in a research report on Monday, March 25th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $38.83.

About Exelon

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.