Exelon Co. (NASDAQ:EXC) Shares Sold by Keeley Teton Advisors LLC

Keeley Teton Advisors LLC lowered its holdings in shares of Exelon Co. (NASDAQ:EXC) by 5.4% during the 4th quarter, Holdings Channel reports. The fund owned 44,314 shares of the company’s stock after selling 2,537 shares during the period. Keeley Teton Advisors LLC’s holdings in Exelon were worth $1,668,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. Millstone Evans Group LLC acquired a new position in shares of Exelon during the fourth quarter valued at approximately $28,000. Stephens Consulting LLC increased its position in shares of Exelon by 78.1% during the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after purchasing an additional 343 shares during the period. Brown Lisle Cummings Inc. bought a new stake in shares of Exelon in the 4th quarter worth $30,000. Crews Bank & Trust acquired a new stake in shares of Exelon in the fourth quarter valued at $34,000. Finally, Capital Advisors Ltd. LLC boosted its stake in Exelon by 119.6% during the fourth quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock valued at $35,000 after buying an additional 513 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Down 0.3 %

EXC opened at $46.74 on Wednesday. The firm has a market cap of $47.19 billion, a P/E ratio of 19.08, a price-to-earnings-growth ratio of 2.86 and a beta of 0.39. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87. The business has a 50 day moving average price of $44.04 and a 200 day moving average price of $40.68. Exelon Co. has a twelve month low of $34.01 and a twelve month high of $48.11.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company posted $0.60 earnings per share. Research analysts forecast that Exelon Co. will post 2.64 EPS for the current year.

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were paid a $0.40 dividend. This is an increase from Exelon’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, February 24th. This represents a $1.60 annualized dividend and a dividend yield of 3.42%. Exelon’s dividend payout ratio (DPR) is presently 65.31%.

Wall Street Analyst Weigh In

Several research firms recently commented on EXC. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. UBS Group increased their price objective on Exelon from $45.00 to $47.00 and gave the company a “neutral” rating in a research report on Friday, March 21st. Evercore ISI restated an “in-line” rating and issued a $48.00 target price (up from $46.00) on shares of Exelon in a report on Tuesday. Scotiabank increased their price target on Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research report on Thursday, February 13th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Exelon in a research note on Tuesday, February 4th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $45.63.

Insider Buying and Selling

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the firm’s 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 completion of the sale, the executive vice president now owns 2,271 shares in the company, valued at approximately $92,134.47. This trade represents a 39.18 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is currently owned by 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.