New York State Common Retirement Fund Has $27.59 Million Holdings in Exelon Co. (NASDAQ:EXC)

New York State Common Retirement Fund trimmed its position in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 4.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 732,985 shares of the company's stock after selling 34,000 shares during the quarter. New York State Common Retirement Fund owned approximately 0.07% of Exelon worth $27,590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. 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 acquiring an additional 255 shares during the last quarter. Harbor Capital Advisors Inc. raised its holdings in shares of Exelon by 1.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 28,392 shares of the company's stock valued at $1,151,000 after purchasing an additional 274 shares in the last quarter. Rosenberg Matthew Hamilton lifted its stake in shares of Exelon by 12.6% in the 4th quarter. Rosenberg Matthew Hamilton now owns 2,457 shares of the company's stock valued at $92,000 after purchasing an additional 275 shares during the last quarter. Ballentine Partners LLC boosted its holdings in 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. increased its position in Exelon by 3.1% during the fourth quarter. Wesbanco Bank Inc. now owns 9,951 shares of the company's stock worth $375,000 after buying an additional 296 shares during the last quarter. Institutional investors own 80.92% of the company's stock.

Insiders Place Their Bets

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the firm's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.10% of the company's stock.

Exelon Stock Performance

NASDAQ:EXC traded up $0.69 during trading hours on Tuesday, hitting $44.04. 8,812,773 shares of the company traded hands, compared to its average volume of 7,172,604. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 1.61. The stock has a market capitalization of $44.27 billion, a price-to-earnings ratio of 17.98, a P/E/G ratio of 2.86 and a beta of 0.56. The firm has a 50-day moving average of $39.71 and a 200 day moving average of $39.20. Exelon Co. has a twelve month low of $34.01 and a twelve month high of $44.24.

Exelon (NASDAQ:EXC - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, beating 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 period in the previous year, the firm earned $0.60 earnings per share. On average, analysts forecast that Exelon Co. will post 2.64 EPS for the current year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, February 24th will be given a $0.40 dividend. This is a boost from Exelon's previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a yield of 3.63%. The ex-dividend date of this dividend is Monday, February 24th. Exelon's dividend payout ratio (DPR) is 65.31%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Guggenheim raised Exelon from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. BMO Capital Markets reaffirmed an "outperform" rating on shares of Exelon in a research report on Tuesday, February 4th. Evercore ISI raised shares of Exelon from an "in-line" rating to an "outperform" rating and lifted their price target for the company from $43.00 to $44.00 in a research report on Tuesday, January 21st. 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 note on Thursday, February 13th. Finally, Morgan Stanley lowered their target price on shares of Exelon from $46.00 to $44.00 and set an "equal weight" rating on the stock in a research note on Friday, November 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, the stock currently has an average rating of "Moderate Buy" and an average target price of $44.13.

Exelon Company 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.