Sound Shore Management Inc. CT lowered its stake in shares of Exelon Corporation (NYSE:EXC) by 0.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,786,713 shares of the energy giant’s stock after selling 6,036 shares during the period. Exelon Corporation comprises about 2.3% of Sound Shore Management Inc. CT’s investment portfolio, making the stock its 26th biggest holding. Sound Shore Management Inc. CT owned 0.39% of Exelon Corporation worth $142,645,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the business. Hudock Capital Group LLC raised its holdings in Exelon Corporation by 0.4% in the 2nd quarter. Hudock Capital Group LLC now owns 3,206 shares of the energy giant’s stock worth $115,000 after acquiring an additional 13 shares during the period. Cambridge Advisors Inc. increased its holdings in shares of Exelon Corporation by 0.3% during the 2nd quarter. Cambridge Advisors Inc. now owns 6,913 shares of the energy giant’s stock worth $249,000 after purchasing an additional 23 shares during the period. Live Your Vision LLC increased its holdings in shares of Exelon Corporation by 0.9% during the 2nd quarter. Live Your Vision LLC now owns 2,977 shares of the energy giant’s stock worth $115,000 after purchasing an additional 26 shares during the period. Sterling Investment Advisors Ltd. increased its holdings in shares of Exelon Corporation by 1.2% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 3,145 shares of the energy giant’s stock worth $113,000 after purchasing an additional 37 shares during the period. Finally, Optimum Investment Advisors increased its stake in Exelon Corporation by 0.4% in the second quarter. Optimum Investment Advisors now owns 12,708 shares of the energy giant’s stock valued at $458,000 after acquiring an additional 51 shares during the period. 78.04% of the stock is owned by institutional investors.

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EXC has been the topic of a number of recent analyst reports. SunTrust Banks, Inc. restated a “buy” rating and issued a $41.00 price target on shares of Exelon Corporation in a research report on Thursday, October 12th. BidaskClub upgraded shares of Exelon Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Citigroup Inc. upgraded shares of Exelon Corporation from a “neutral” rating to a “buy” rating and upped their target price for the stock from $36.00 to $43.00 in a research report on Thursday, July 27th. KeyCorp reiterated a “buy” rating and set a $41.00 target price on shares of Exelon Corporation in a research report on Friday, September 1st. Finally, ValuEngine upgraded shares of Exelon Corporation from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $40.64.

Exelon Corporation (NYSE:EXC) traded up $0.09 during mid-day trading on Tuesday, hitting $41.35. The stock had a trading volume of 3,799,800 shares, compared to its average volume of 4,875,167. The company has a current ratio of 1.03, a quick ratio of 0.89 and a debt-to-equity ratio of 1.06. Exelon Corporation has a 12-month low of $31.77 and a 12-month high of $42.67. The stock has a market cap of $39,880.00, a PE ratio of 16.64, a P/E/G ratio of 3.59 and a beta of 0.31.

Exelon Corporation (NYSE:EXC) last issued its quarterly earnings data on Thursday, November 2nd. The energy giant reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.01). The company had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $8.58 billion. Exelon Corporation had a return on equity of 8.19% and a net margin of 6.59%. The company’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.91 earnings per share. equities analysts forecast that Exelon Corporation will post 2.65 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Wednesday, November 15th will be issued a $0.3275 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Tuesday, November 14th. Exelon Corporation’s dividend payout ratio is presently 58.74%.

In other Exelon Corporation news, Chairman Mayo A. Shattuck III sold 567,070 shares of the stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of $40.12, for a total transaction of $22,750,848.40. Following the transaction, the chairman now owns 746,986 shares in the company, valued at $29,969,078.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Mayo A. Shattuck III sold 379,337 shares of the stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of $40.05, for a total value of $15,192,446.85. Following the transaction, the chairman now owns 746,986 shares in the company, valued at approximately $29,916,789.30. The disclosure for this sale can be found here. Insiders sold 1,312,787 shares of company stock worth $52,683,909 over the last three months. Corporate insiders own 0.70% of the company’s stock.

Exelon Corporation Company Profile

Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.

Institutional Ownership by Quarter for Exelon Corporation (NYSE:EXC)

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