Exelon Co. (NASDAQ:EXC) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its holdings in Exelon Co. (NASDAQ:EXC) by 7.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 204,487 shares of the company’s stock after selling 16,058 shares during the period. Nisa Investment Advisors LLC’s holdings in Exelon were worth $7,697,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. American National Bank & Trust grew its position in Exelon by 178.8% during the 3rd quarter. American National Bank & Trust now owns 697 shares of the company’s stock worth $28,000 after purchasing an additional 447 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in Exelon in the 3rd quarter worth about $32,000. Versant Capital Management Inc grew its stake in Exelon by 56.7% during the 4th quarter. Versant Capital Management Inc now owns 1,047 shares of the company’s stock valued at $39,000 after acquiring an additional 379 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of Exelon in the 2nd quarter valued at about $57,000. Finally, UMB Bank n.a. boosted its holdings in shares of Exelon by 92.7% during the third quarter. UMB Bank n.a. now owns 1,528 shares of the company’s stock worth $62,000 after purchasing an additional 735 shares during the period. 80.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on EXC. Scotiabank lifted their target price on shares of Exelon from $40.00 to $42.00 and gave the company a “sector perform” rating in a research note on Thursday, December 12th. Barclays dropped their price objective on Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday. Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $43.00 to $44.00 in a research report on Tuesday. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a report on Thursday. Finally, Morgan Stanley decreased their price objective on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $43.13.

Exelon Stock Up 0.4 %

Exelon stock opened at $39.38 on Friday. The firm has a market cap of $39.57 billion, a price-to-earnings ratio of 16.21, a P/E/G ratio of 2.61 and a beta of 0.55. The firm has a fifty day moving average price of $38.12 and a two-hundred day moving average price of $38.33. Exelon Co. has a fifty-two week low of $33.35 and a fifty-two week high of $41.19. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.97.

Exelon (NASDAQ:EXC) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.67 by $0.04. Exelon had a return on equity of 9.47% and a net margin of 10.60%. The company had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $5.85 billion. During the same period in the previous year, the business posted $0.67 EPS. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. As a group, analysts forecast that Exelon Co. will post 2.46 earnings per share for the current year.

Exelon Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, November 11th were issued a dividend of $0.38 per share. The ex-dividend date was Friday, November 8th. This represents a $1.52 annualized dividend and a dividend yield of 3.86%. Exelon’s payout ratio is 62.55%.

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.