Advanced Asset Management Advisors Inc Sells 921 Shares of Exelon Co. (NASDAQ:EXC)

Advanced Asset Management Advisors Inc cut its stake in Exelon Co. (NASDAQ:EXC) by 2.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,396 shares of the company’s stock after selling 921 shares during the quarter. Advanced Asset Management Advisors Inc’s holdings in Exelon were worth $1,144,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Stephens Consulting LLC increased its stake in Exelon by 78.1% during the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock worth $29,000 after purchasing an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. bought a new stake in Exelon during the 4th quarter worth approximately $30,000. Ashton Thomas Securities LLC bought a new stake in Exelon during the 3rd quarter worth approximately $32,000. Crews Bank & Trust bought a new position in shares of Exelon during the 4th quarter worth approximately $34,000. Finally, Versant Capital Management Inc grew its stake in shares of Exelon by 56.7% during the 4th quarter. Versant Capital Management Inc now owns 1,047 shares of the company’s stock worth $39,000 after acquiring an additional 379 shares in the last quarter. 80.92% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the business’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 transaction, the executive vice president now directly owns 2,271 shares of the company’s stock, valued at approximately $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.10% of the stock is owned by insiders.

Exelon Stock Down 0.3 %

Shares of NASDAQ EXC opened at $42.85 on Monday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.97 and a current ratio of 1.09. Exelon Co. has a 52 week low of $34.01 and a 52 week high of $43.45. The stock has a market capitalization of $43.06 billion, a P/E ratio of 17.63, a PEG ratio of 2.74 and a beta of 0.56. The stock’s fifty day moving average is $38.82 and its 200 day moving average is $38.94.

Exelon (NASDAQ:EXC) last released its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05. Exelon had a return on equity of 9.47% and a net margin of 10.60%. During the same period in the previous year, the firm earned $0.60 EPS. Sell-side analysts forecast that Exelon Co. will post 2.46 earnings per share for the current fiscal year.

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, February 24th will be paid a $0.40 dividend. 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 3.73%. The ex-dividend date is Monday, February 24th. Exelon’s payout ratio is currently 62.55%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on EXC shares. Barclays decreased their price target on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a research note on Wednesday, January 22nd. Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and raised their price target for the stock from $43.00 to $44.00 in a research note on Tuesday, January 21st. Scotiabank raised their price target on shares of Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research note on Thursday. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, Morgan Stanley decreased their price target 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. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $43.38.

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.