Whittier Trust Co. of Nevada Inc. Has $49,000 Position in Exelon Co. (NASDAQ:EXC)

Whittier Trust Co. of Nevada Inc. lessened its holdings in Exelon Co. (NASDAQ:EXC) by 42.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,299 shares of the company’s stock after selling 949 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Exelon were worth $49,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Rosenberg Matthew Hamilton grew its position in Exelon by 12.6% during the fourth quarter. Rosenberg Matthew Hamilton now owns 2,457 shares of the company’s stock valued at $92,000 after purchasing an additional 275 shares in the last quarter. Wesbanco Bank Inc. grew its holdings in shares of Exelon by 3.1% during the 4th quarter. Wesbanco Bank Inc. now owns 9,951 shares of the company’s stock valued at $375,000 after acquiring an additional 296 shares in the last quarter. PFG Investments LLC increased its stake in shares of Exelon by 2.4% in the fourth quarter. PFG Investments LLC now owns 13,151 shares of the company’s stock worth $495,000 after acquiring an additional 305 shares during the last quarter. Stratos Wealth Partners LTD. raised its holdings in shares of Exelon by 1.7% during the fourth quarter. Stratos Wealth Partners LTD. now owns 18,505 shares of the company’s stock worth $697,000 after acquiring an additional 311 shares in the last quarter. Finally, Blue Trust Inc. boosted its position in Exelon by 3.0% during the fourth quarter. Blue Trust Inc. now owns 11,085 shares of the company’s stock valued at $450,000 after purchasing an additional 322 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

Shares of EXC opened at $43.58 on Tuesday. The company has a market capitalization of $44.00 billion, a PE ratio of 17.79, a price-to-earnings-growth ratio of 2.86 and a beta of 0.51. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. Exelon Co. has a one year low of $34.01 and a one year high of $45.20. The company’s fifty day moving average price is $42.09 and its 200 day moving average price is $40.00.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Exelon had a return on equity of 9.52% and a net margin of 10.68%. During the same period last year, the firm earned $0.60 EPS. As a group, analysts expect that Exelon Co. will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.67%. This is a boost from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, February 24th. Exelon’s dividend payout ratio is currently 65.31%.

Insider Transactions at Exelon

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the firm’s stock in a transaction 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 sale, the executive vice president now directly owns 2,271 shares in the company, valued at $92,134.47. This trade represents a 39.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on EXC shares. UBS Group raised their price target on Exelon from $45.00 to $47.00 and gave the stock a “neutral” rating in a research note on Friday. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Barclays increased their price target on shares of Exelon from $42.00 to $48.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 25th. Evercore ISI upgraded shares of Exelon from an “in-line” rating to an “outperform” rating and raised their price target for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $45.13.

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.