Global Financial Private Capital LLC trimmed its stake in shares of Exelon Co. (NYSE:EXC) by 6.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 59,982 shares of the energy giant’s stock after selling 4,195 shares during the period. Global Financial Private Capital LLC’s holdings in Exelon were worth $2,705,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Balasa Dinverno & Foltz LLC grew its stake in shares of Exelon by 6.9% in the 3rd quarter. Balasa Dinverno & Foltz LLC now owns 37,598 shares of the energy giant’s stock worth $1,642,000 after purchasing an additional 2,437 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Exelon by 31.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 3,733,728 shares of the energy giant’s stock worth $161,330,000 after purchasing an additional 902,458 shares during the last quarter. UMB Bank N A MO grew its stake in shares of Exelon by 66.7% in the 3rd quarter. UMB Bank N A MO now owns 8,697 shares of the energy giant’s stock worth $380,000 after purchasing an additional 3,480 shares during the last quarter. DT Investment Partners LLC grew its stake in shares of Exelon by 7.5% in the 3rd quarter. DT Investment Partners LLC now owns 97,482 shares of the energy giant’s stock worth $4,256,000 after purchasing an additional 6,763 shares during the last quarter. Finally, Weather Gauge Advisory LLC acquired a new position in shares of Exelon in the 4th quarter worth approximately $2,083,000. Institutional investors own 80.71% of the company’s stock.

Several brokerages have recently issued reports on EXC. Zacks Investment Research cut shares of Exelon from a “buy” rating to a “hold” rating in a research note on Tuesday, November 27th. Goldman Sachs Group cut shares of Exelon from a “neutral” rating to a “sell” rating and set a $43.00 price objective on the stock. in a research note on Friday, January 4th. ValuEngine cut shares of Exelon from a “buy” rating to a “hold” rating in a research note on Thursday, November 1st. Credit Suisse Group lifted their price objective on shares of Exelon from $47.00 to $48.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 6th. Finally, Royal Bank of Canada reaffirmed a “buy” rating and issued a $51.00 price objective on shares of Exelon in a research note on Wednesday, January 23rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $46.59.

Exelon stock opened at $47.80 on Tuesday. The company has a market capitalization of $46.15 billion, a PE ratio of 15.32, a PEG ratio of 3.31 and a beta of 0.39. The company has a current ratio of 1.17, a quick ratio of 1.02 and a debt-to-equity ratio of 1.04. Exelon Co. has a fifty-two week low of $36.22 and a fifty-two week high of $48.17.

Exelon (NYSE:EXC) last released its earnings results on Friday, February 8th. The energy giant reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.01. The business had revenue of $8.81 billion for the quarter, compared to the consensus estimate of $6.60 billion. Exelon had a net margin of 5.58% and a return on equity of 9.18%. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the firm posted $0.55 earnings per share. On average, equities research analysts predict that Exelon Co. will post 3.16 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 8th. Stockholders of record on Wednesday, February 20th will be given a $0.3625 dividend. This is an increase from Exelon’s previous quarterly dividend of $0.35. This represents a $1.45 annualized dividend and a dividend yield of 3.03%. The ex-dividend date of this dividend is Tuesday, February 19th. Exelon’s dividend payout ratio (DPR) is 44.23%.

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Exelon Profile

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. The company owns electric generating facilities, such as nuclear, fossil, wind, hydroelectric, and solar generating facilities. It also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

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Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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