Exelon Co. (NASDAQ:EXC) Position Lowered by International Assets Investment Management LLC

International Assets Investment Management LLC reduced its position in Exelon Co. (NASDAQ:EXC - Free Report) by 97.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 25,818 shares of the company's stock after selling 1,020,812 shares during the quarter. International Assets Investment Management LLC's holdings in Exelon were worth $972,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp lifted its holdings in Exelon by 3.7% in the third quarter. State Street Corp now owns 60,169,219 shares of the company's stock valued at $2,439,862,000 after acquiring an additional 2,156,259 shares during the period. Geode Capital Management LLC lifted its stake in shares of Exelon by 1.6% in the third quarter. Geode Capital Management LLC now owns 25,945,791 shares of the company's stock valued at $1,048,823,000 after purchasing an additional 403,542 shares during the period. FMR LLC boosted its holdings in Exelon by 18.7% during the third quarter. FMR LLC now owns 11,782,549 shares of the company's stock worth $477,782,000 after buying an additional 1,858,502 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Exelon by 1.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,967,343 shares of the company's stock worth $363,626,000 after buying an additional 160,313 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Exelon by 2.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 6,446,408 shares of the company's stock valued at $261,402,000 after buying an additional 123,466 shares in the last quarter. Hedge funds and other institutional investors own 80.92% of the company's stock.

Analysts Set New Price Targets

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

Exelon Trading Down 2.3 %

NASDAQ:EXC traded down $0.89 on Friday, hitting $37.30. 7,689,896 shares of the stock were exchanged, compared to its average volume of 5,690,747. The stock has a market cap of $37.48 billion, a PE ratio of 15.35, a PEG ratio of 2.63 and a beta of 0.55. Exelon Co. has a fifty-two week low of $33.35 and a fifty-two week high of $41.19. 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 fifty day moving average of $38.00 and a 200-day moving average of $38.04.

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

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, November 11th were given a dividend of $0.38 per share. The ex-dividend date was Friday, November 8th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.08%. Exelon's payout ratio is currently 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.