Exelon Co. (NASDAQ:EXC) Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lowered its stake in shares of Exelon Co. (NASDAQ:EXC - Free Report) by 4.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 136,438 shares of the company's stock after selling 6,168 shares during the quarter. Rockefeller Capital Management L.P.'s holdings in Exelon were worth $5,135,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of EXC. Millstone Evans Group LLC purchased a new stake in shares of Exelon in the fourth quarter worth approximately $28,000. Stephens Consulting LLC increased its stake in Exelon by 78.1% in the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company's stock worth $29,000 after purchasing an additional 343 shares during the period. Brown Lisle Cummings Inc. bought a new stake in shares of Exelon during the fourth quarter worth $30,000. Crews Bank & Trust purchased a new stake in shares of Exelon during the fourth quarter valued at $34,000. Finally, Capital Advisors Ltd. LLC grew its holdings in shares of Exelon by 119.6% in the fourth quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock worth $35,000 after purchasing an additional 513 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on EXC shares. BMO Capital Markets reissued an "outperform" rating on shares of Exelon in a research report on Tuesday, February 4th. Evercore ISI reissued an "in-line" rating and issued a $48.00 price objective (up previously from $46.00) on shares of Exelon in a research note on Tuesday, April 15th. Scotiabank raised their price objective on Exelon from $42.00 to $44.00 and gave the stock a "sector perform" rating in a report on Thursday, February 13th. UBS Group upped their target price on Exelon from $45.00 to $47.00 and gave the stock a "neutral" rating in a report on Friday, March 21st. Finally, Barclays upped their price objective on shares of Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 25th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $45.63.

Exelon Stock Up 1.6 %

Shares of EXC stock traded up $0.75 during mid-day trading on Friday, hitting $47.26. 7,496,103 shares of the stock traded hands, compared to its average volume of 7,232,880. The stock's fifty day moving average is $44.35 and its two-hundred day moving average is $40.81. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. Exelon Co. has a 52-week low of $34.01 and a 52-week high of $48.11. The stock has a market cap of $47.71 billion, a P/E ratio of 19.29, a P/E/G ratio of 2.86 and a beta of 0.39.

Exelon (NASDAQ:EXC - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.59 by $0.05. Exelon had a return on equity of 9.52% and a net margin of 10.68%. During the same quarter last year, the firm posted $0.60 earnings per share. Equities analysts predict that Exelon Co. will post 2.64 EPS for the current year.

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, February 24th. This is a positive change from Exelon's previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.39%. Exelon's payout ratio is 65.31%.

Insider Activity at Exelon

In related news, EVP Colette D. Honorable sold 1,463 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $40.57, for a total value of $59,353.91. Following the sale, the executive vice president now owns 2,271 shares in the company, valued at $92,134.47. This represents a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.10% of the stock is owned by insiders.

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.