Savant Capital LLC Lowers Position in Exelon Co. (NASDAQ:EXC)

Savant Capital LLC decreased its holdings in shares of Exelon Co. (NASDAQ:EXC) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 34,775 shares of the company’s stock after selling 1,555 shares during the period. Savant Capital LLC’s holdings in Exelon were worth $1,309,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in EXC. Stephens Inc. AR lifted its position in Exelon by 12.8% during the fourth quarter. Stephens Inc. AR now owns 14,154 shares of the company’s stock valued at $533,000 after purchasing an additional 1,610 shares during the last quarter. Stoneridge Investment Partners LLC raised its position in shares of Exelon by 119.7% during the 4th quarter. Stoneridge Investment Partners LLC now owns 101,738 shares of the company’s stock valued at $3,829,000 after buying an additional 55,426 shares in the last quarter. Entropy Technologies LP bought a new stake in shares of Exelon during the 4th quarter worth $366,000. Empowered Funds LLC grew its position in Exelon by 237.4% in the fourth quarter. Empowered Funds LLC now owns 57,289 shares of the company’s stock worth $2,156,000 after acquiring an additional 40,309 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB increased its stake in Exelon by 6.4% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 9,857 shares of the company’s stock valued at $371,000 after acquiring an additional 596 shares during the last quarter. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Colette D. Honorable sold 1,463 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the transaction, the executive vice president now owns 2,271 shares in the company, valued at $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.10% of the company’s stock.

Exelon Trading Up 0.2 %

NASDAQ:EXC opened at $42.97 on Friday. The firm has a market capitalization of $43.18 billion, a P/E ratio of 17.68, a P/E/G ratio of 2.74 and a beta of 0.56. Exelon Co. has a 52 week low of $34.01 and a 52 week high of $43.45. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.66. The company has a fifty day moving average of $38.62 and a 200 day moving average of $38.84.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.59 by $0.05. Exelon had a net margin of 10.60% and a return on equity of 9.47%. During the same quarter in the prior year, the business earned $0.60 earnings per share. On average, research analysts predict that Exelon Co. will post 2.46 earnings per share for the current year.

Exelon Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, February 24th will be given a $0.40 dividend. This is a positive change from Exelon’s previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date of this dividend is Monday, February 24th. Exelon’s dividend payout ratio (DPR) is currently 62.55%.

Analysts Set New Price Targets

EXC has been the subject of several research analyst reports. Evercore ISI raised Exelon from an “in-line” rating to an “outperform” rating and lifted their price target for the stock from $43.00 to $44.00 in a research note on Tuesday, January 21st. Guggenheim upgraded Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Morgan Stanley reduced their price target on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Scotiabank boosted their price objective on shares of Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a report on Thursday. Finally, Barclays reduced their target price on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, January 22nd. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Exelon has a consensus rating of “Moderate Buy” and a consensus price target of $43.38.

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.