Gradient Investments LLC trimmed its holdings in Exelon Co. (NYSE:EXC) by 94.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,496 shares of the energy giant’s stock after selling 195,635 shares during the quarter. Gradient Investments LLC’s holdings in Exelon were worth $414,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Andra AP fonden lifted its stake in Exelon by 7.8% in the third quarter. Andra AP fonden now owns 160,000 shares of the energy giant’s stock valued at $6,027,000 after buying an additional 11,600 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in Exelon by 2.0% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 544,544 shares of the energy giant’s stock valued at $20,513,000 after buying an additional 10,516 shares during the last quarter. State of Wisconsin Investment Board lifted its stake in Exelon by 6.7% in the third quarter. State of Wisconsin Investment Board now owns 1,290,400 shares of the energy giant’s stock valued at $48,609,000 after buying an additional 80,586 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in Exelon by 12.3% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 254,521 shares of the energy giant’s stock valued at $9,588,000 after buying an additional 27,800 shares during the last quarter. Finally, Norinchukin Bank The lifted its stake in Exelon by 3.9% in the third quarter. Norinchukin Bank The now owns 125,692 shares of the energy giant’s stock valued at $4,735,000 after buying an additional 4,680 shares during the last quarter. 78.01% of the stock is owned by hedge funds and other institutional investors.

EXC has been the subject of a number of research reports. Zacks Investment Research upgraded Exelon from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a research note on Wednesday, January 24th. Royal Bank of Canada reiterated a “buy” rating and issued a $43.00 price objective on shares of Exelon in a research note on Tuesday, November 7th. Bank of America initiated coverage on Exelon in a research note on Tuesday, October 24th. They issued a “buy” rating and a $43.00 price objective for the company. SunTrust Banks set a $42.00 price objective on Exelon and gave the company a “buy” rating in a research note on Monday, February 5th. Finally, UBS Group initiated coverage on Exelon in a research note on Friday, February 2nd. They issued a “buy” rating and a $44.00 price objective for the company. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $41.03.

Shares of Exelon Co. (EXC) opened at $37.01 on Wednesday. Exelon Co. has a 52 week low of $33.30 and a 52 week high of $42.67. The company has a current ratio of 1.10, a quick ratio of 0.94 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $35,870.14, a P/E ratio of 9.37, a PEG ratio of 2.60 and a beta of 0.23.

Exelon (NYSE:EXC) last released its quarterly earnings results on Wednesday, February 7th. The energy giant reported $0.55 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.05). Exelon had a return on equity of 8.35% and a net margin of 11.53%. The company had revenue of $8.38 billion for the quarter, compared to analysts’ expectations of $7.66 billion. During the same quarter last year, the company earned $0.44 EPS. Exelon’s revenue for the quarter was up 6.4% compared to the same quarter last year. research analysts forecast that Exelon Co. will post 3.06 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Thursday, February 15th will be paid a dividend of $0.345 per share. This represents a $1.38 annualized dividend and a dividend yield of 3.73%. The ex-dividend date of this dividend is Wednesday, February 14th. This is a boost from Exelon’s previous quarterly dividend of $0.33. Exelon’s dividend payout ratio is 33.16%.

In other news, EVP Paymon Aliabadi sold 13,334 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $40.62, for a total transaction of $541,627.08. Following the completion of the sale, the executive vice president now owns 26,435 shares in the company, valued at $1,073,789.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.70% of the stock is owned by corporate insiders.

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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.

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Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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