Exelon Co. (NASDAQ:EXC) Stock Position Lessened by V Square Quantitative Management LLC

V Square Quantitative Management LLC lowered its position in shares of Exelon Co. (NASDAQ:EXC) by 1.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,581 shares of the company’s stock after selling 329 shares during the quarter. V Square Quantitative Management LLC’s holdings in Exelon were worth $812,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Stephens Consulting LLC boosted its stake in Exelon by 78.1% during 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. Ashton Thomas Securities LLC bought a new position in Exelon during the third quarter valued at about $32,000. Brown Lisle Cummings Inc. purchased a new stake in shares of Exelon during the fourth quarter valued at $30,000. Crews Bank & Trust purchased a new stake in shares of Exelon during the fourth quarter valued at $34,000. Finally, Versant Capital Management Inc lifted its holdings in shares of Exelon by 56.7% during the fourth quarter. Versant Capital Management Inc now owns 1,047 shares of the company’s stock valued at $39,000 after purchasing an additional 379 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Down 0.3 %

Shares of Exelon stock opened at $42.85 on Friday. The stock has a 50-day simple moving average of $38.82 and a 200-day simple moving average of $38.91. 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 Co. has a 52-week low of $34.01 and a 52-week high of $43.45. The firm has a market cap of $43.06 billion, a price-to-earnings ratio of 17.63, a P/E/G ratio of 2.74 and a beta of 0.56.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data 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 return on equity of 9.47% and a net margin of 10.60%. During the same period in the prior year, the business posted $0.60 EPS. On average, equities research analysts expect that Exelon Co. will post 2.46 earnings per share for the current fiscal year.

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, February 24th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.73%. This is an increase from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Monday, February 24th. Exelon’s dividend payout ratio (DPR) is presently 62.55%.

Analysts Set New Price Targets

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

Insider Activity at Exelon

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total value of $59,353.91. Following the transaction, the executive vice president now directly owns 2,271 shares of the company’s stock, valued at $92,134.47. The trade was a 39.18 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.10% of the stock is owned by company insiders.

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.