Diversified Trust Co Lowers Stock Holdings in Exelon Co. (NASDAQ:EXC)

Diversified Trust Co reduced its holdings in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 40.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,163 shares of the company's stock after selling 15,354 shares during the quarter. Diversified Trust Co's holdings in Exelon were worth $834,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. American National Bank & Trust grew its holdings in Exelon by 178.8% in the 3rd quarter. American National Bank & Trust now owns 697 shares of the company's stock valued at $28,000 after buying an additional 447 shares in the last quarter. Abound Wealth Management grew its stake in shares of Exelon by 502.7% in the second quarter. Abound Wealth Management now owns 892 shares of the company's stock valued at $31,000 after acquiring an additional 744 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of Exelon in the third quarter valued at about $32,000. Versant Capital Management Inc increased its position in Exelon by 56.7% during the fourth quarter. Versant Capital Management Inc now owns 1,047 shares of the company's stock worth $39,000 after acquiring an additional 379 shares during the period. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in Exelon in the 2nd quarter worth about $41,000. 80.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on EXC shares. UBS Group upped their price objective on shares of Exelon from $40.00 to $43.00 and gave the stock a "neutral" rating in a research report on Friday, September 20th. Scotiabank increased their price target on shares of Exelon from $40.00 to $42.00 and gave the stock a "sector perform" rating in a research report on Thursday, December 12th. Jefferies Financial Group started coverage on shares of Exelon in a research report on Thursday, September 19th. They set a "buy" rating and a $46.00 price objective for the company. Barclays raised their target price on Exelon from $41.00 to $44.00 and gave the company an "overweight" rating in a report on Tuesday, October 15th. Finally, Morgan Stanley lowered their price target on Exelon from $46.00 to $44.00 and set an "equal weight" rating for the company in a report on Friday, November 22nd. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Exelon presently has a consensus rating of "Hold" and a consensus price target of $42.00.

Exelon Stock Down 2.3 %

Shares of NASDAQ:EXC traded down $0.89 during midday trading on Friday, hitting $37.30. 7,689,884 shares of the company's stock were exchanged, compared to its average volume of 5,690,738. Exelon Co. has a 12 month low of $33.35 and a 12 month high of $41.19. The company has a market cap of $37.48 billion, a PE ratio of 15.35, a price-to-earnings-growth ratio of 2.63 and a beta of 0.55. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.97. The stock has a 50 day moving average price of $38.00 and a 200-day moving average price of $38.04.

Exelon (NASDAQ:EXC - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.04. The firm had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $5.85 billion. Exelon had a net margin of 10.60% and a return on equity of 9.47%. The business's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.67 EPS. On average, sell-side analysts anticipate that Exelon Co. will post 2.45 EPS for the current fiscal year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Monday, November 11th were issued a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 4.08%. The ex-dividend date of this dividend was Friday, November 8th. Exelon's dividend payout ratio (DPR) is currently 62.55%.

Exelon Profile

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.