Commonwealth of Pennsylvania Public School Empls Retrmt SYS Reduces Position in Exelon Co. (NASDAQ:EXC)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in Exelon Co. (NASDAQ:EXC) by 0.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,896,655 shares of the company’s stock after selling 6,597 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.19% of Exelon worth $71,390,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stephens Consulting LLC grew its holdings in Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock worth $29,000 after acquiring an additional 343 shares during the last quarter. Brown Lisle Cummings Inc. purchased a new stake in shares of Exelon during the fourth quarter worth about $30,000. Crews Bank & Trust bought a new stake in shares of Exelon in the fourth quarter worth about $34,000. Capital Advisors Ltd. LLC increased its holdings in Exelon by 119.6% during the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock valued at $35,000 after purchasing an additional 513 shares during the period. Finally, SBI Securities Co. Ltd. bought a new position in Exelon during the 4th quarter valued at approximately $36,000. 80.92% of the stock is currently owned by institutional investors.

Insider Transactions at Exelon

In other news, EVP Colette D. Honorable sold 1,463 shares of the company’s stock in a transaction that occurred 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 owns 2,271 shares in the company, valued at approximately $92,134.47. This represents a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

EXC has been the topic of a number of recent analyst reports. Morgan Stanley cut their price objective on Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Barclays lifted their price target on shares of Exelon from $42.00 to $48.00 and gave the company an “overweight” rating in a report on Tuesday, February 25th. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $43.00 to $44.00 in a research note on Tuesday, January 21st. Finally, Scotiabank boosted their price target on shares of Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research report on Thursday, February 13th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $44.13.

Exelon Stock Up 0.0 %

Shares of Exelon stock opened at $44.44 on Thursday. Exelon Co. has a 1 year low of $34.01 and a 1 year high of $45.20. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. The company has a 50-day moving average of $41.71 and a 200 day moving average of $39.88. The firm has a market cap of $44.67 billion, a price-to-earnings ratio of 18.14, a PEG ratio of 2.86 and a beta of 0.51.

Exelon (NASDAQ:EXC) last announced its 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 quarter in the prior year, the business earned $0.60 earnings per share. As a group, sell-side analysts anticipate that Exelon Co. will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The business 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. This represents a $1.60 annualized dividend and a yield of 3.60%. This is an increase from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, February 24th. Exelon’s 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.