Empowered Funds LLC Has $2.16 Million Holdings in Exelon Co. (NASDAQ:EXC)

Empowered Funds LLC raised its stake in Exelon Co. (NASDAQ:EXC - Free Report) by 237.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 57,289 shares of the company's stock after buying an additional 40,309 shares during the quarter. Empowered Funds LLC's holdings in Exelon were worth $2,156,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Foundations Investment Advisors LLC lifted its stake in Exelon by 3.5% in the third quarter. Foundations Investment Advisors LLC now owns 7,533 shares of the company's stock valued at $305,000 after buying an additional 255 shares in the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Exelon by 1.0% in the third quarter. Harbor Capital Advisors Inc. now owns 28,392 shares of the company's stock worth $1,151,000 after purchasing an additional 274 shares in the last quarter. Rosenberg Matthew Hamilton lifted its position in shares of Exelon by 12.6% in the fourth quarter. Rosenberg Matthew Hamilton now owns 2,457 shares of the company's stock worth $92,000 after purchasing an additional 275 shares in the last quarter. Ballentine Partners LLC lifted its position in shares of Exelon by 2.1% in the third quarter. Ballentine Partners LLC now owns 13,922 shares of the company's stock worth $565,000 after purchasing an additional 285 shares in the last quarter. Finally, Wesbanco Bank Inc. lifted its position in shares of Exelon by 3.1% in the fourth quarter. Wesbanco Bank Inc. now owns 9,951 shares of the company's stock worth $375,000 after purchasing an additional 296 shares in the last quarter. Institutional investors own 80.92% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on EXC shares. Guggenheim raised shares of Exelon from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. Evercore ISI raised shares of Exelon from an "in-line" rating to an "outperform" rating and boosted their price objective for the stock from $43.00 to $44.00 in a research report on Tuesday, January 21st. Morgan Stanley cut their price objective on shares of Exelon from $46.00 to $44.00 and set an "equal weight" rating on the stock in a research report on Friday, November 22nd. Scotiabank boosted their price objective on shares of Exelon from $42.00 to $44.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 13th. Finally, Barclays lowered their target price on shares of Exelon from $44.00 to $42.00 and set an "overweight" rating on the stock in a report on Wednesday, January 22nd. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, Exelon presently has a consensus rating of "Moderate Buy" and a consensus target price of $43.38.

Insider Transactions at Exelon

In related news, EVP Colette D. Honorable sold 1,463 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the executive vice president now owns 2,271 shares in the company, valued at $92,134.47. This trade represents a 39.18 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.10% of the company's stock.

Exelon Stock Performance

Shares of NASDAQ:EXC traded down $0.24 on Tuesday, hitting $42.61. The company had a trading volume of 2,227,696 shares, compared to its average volume of 6,576,205. Exelon Co. has a 1-year low of $34.01 and a 1-year high of $43.45. The stock has a 50 day moving average price of $38.93 and a 200 day moving average price of $38.97. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.66. The stock has a market cap of $42.81 billion, a price-to-earnings ratio of 17.53, a P/E/G ratio of 2.74 and a beta of 0.56.

Exelon (NASDAQ:EXC - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.05. Exelon had a net margin of 10.60% and a return on equity of 9.47%. During the same quarter in the previous year, the business earned $0.60 earnings per share. Analysts expect that Exelon Co. will post 2.46 EPS for the current year.

Exelon Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, February 24th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, February 24th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.76%. This is a boost from Exelon's previous quarterly dividend of $0.38. Exelon's dividend payout ratio is 62.55%.

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.