Private Advisor Group LLC Has $2.41 Million Stake in Exelon Co. (EXC)

Private Advisor Group LLC decreased its stake in Exelon Co. (NYSE:EXC) by 10.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,316 shares of the energy giant’s stock after selling 7,148 shares during the period. Private Advisor Group LLC’s holdings in Exelon were worth $2,408,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of EXC. Hudock Capital Group LLC boosted its position in shares of Exelon by 0.4% during the 2nd quarter. Hudock Capital Group LLC now owns 3,206 shares of the energy giant’s stock valued at $115,000 after purchasing an additional 13 shares in the last quarter. Live Your Vision LLC boosted its position in shares of Exelon by 0.9% during the 2nd quarter. Live Your Vision LLC now owns 2,977 shares of the energy giant’s stock valued at $115,000 after purchasing an additional 26 shares in the last quarter. Sterling Investment Advisors Ltd. boosted its position in shares of Exelon by 1.2% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 3,145 shares of the energy giant’s stock valued at $113,000 after purchasing an additional 37 shares in the last quarter. Optimum Investment Advisors boosted its position in shares of Exelon by 0.4% during the 2nd quarter. Optimum Investment Advisors now owns 12,708 shares of the energy giant’s stock valued at $458,000 after purchasing an additional 51 shares in the last quarter. Finally, Regal Wealth Group Inc. boosted its position in shares of Exelon by 0.8% during the 2nd quarter. Regal Wealth Group Inc. now owns 6,394 shares of the energy giant’s stock valued at $231,000 after purchasing an additional 53 shares in the last quarter. 77.45% of the stock is owned by institutional investors.

In other Exelon news, EVP Paymon Aliabadi sold 13,334 shares of the firm’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $40.62, for a total value of $541,627.08. Following the completion of the sale, the executive vice president now directly owns 26,435 shares of the company’s stock, valued at $1,073,789.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kenneth W. Cornew sold 25,000 shares of the firm’s stock in a transaction on Monday, September 25th. The stock was sold at an average price of $37.44, for a total value of $936,000.00. Following the completion of the sale, the executive vice president now directly owns 28,363 shares of the company’s stock, valued at $1,061,910.72. The disclosure for this sale can be found here. Insiders have sold 1,312,788 shares of company stock valued at $52,714,749 over the last ninety days. 0.70% of the stock is currently owned by company insiders.

Exelon Co. (NYSE:EXC) traded down $0.32 during mid-day trading on Friday, hitting $40.81. The stock had a trading volume of 4,694,900 shares, compared to its average volume of 4,924,454. Exelon Co. has a 52 week low of $33.30 and a 52 week high of $42.67. The company has a quick ratio of 0.89, a current ratio of 1.03 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $39,488.41, a price-to-earnings ratio of 16.58, a PEG ratio of 3.58 and a beta of 0.30.

Exelon (NYSE:EXC) last issued its quarterly earnings results on Thursday, November 2nd. The energy giant reported $0.85 EPS for the quarter, missing the Zacks’ consensus estimate of $0.86 by ($0.01). The business had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $8.58 billion. Exelon had a net margin of 6.59% and a return on equity of 8.19%. The business’s revenue was down 2.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.91 earnings per share. research analysts expect that Exelon Co. will post 2.65 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 8th. Investors of record on Wednesday, November 15th were given a dividend of $0.3275 per share. This represents a $1.31 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date of this dividend was Tuesday, November 14th. Exelon’s payout ratio is 58.74%.

Several research analysts have issued reports on EXC shares. Morgan Stanley increased their price target on Exelon from $37.00 to $40.00 and gave the stock an “equal weight” rating in a report on Friday, September 8th. Goldman Sachs Group lowered Exelon from a “neutral” rating to a “sell” rating and set a $35.00 price target on the stock. in a report on Wednesday, October 11th. BidaskClub upgraded Exelon from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 26th. Zacks Investment Research upgraded Exelon from a “sell” rating to a “hold” rating in a report on Friday, October 20th. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $43.00 price target on shares of Exelon in a report on Tuesday, November 7th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $40.53.

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About Exelon

Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.

Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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