BB&T Securities LLC lessened its stake in shares of Exelon Co. (NYSE:EXC) by 10.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 36,734 shares of the energy giant’s stock after selling 4,416 shares during the period. BB&T Securities LLC’s holdings in Exelon were worth $1,564,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EXC. Landaas & Co. WI ADV bought a new stake in Exelon during the 2nd quarter valued at $116,000. Private Capital Group LLC boosted its position in Exelon by 836.4% during the 1st quarter. Private Capital Group LLC now owns 3,371 shares of the energy giant’s stock valued at $132,000 after acquiring an additional 3,011 shares in the last quarter. Summit Trail Advisors LLC boosted its position in Exelon by 2,718.1% during the 1st quarter. Summit Trail Advisors LLC now owns 154,178 shares of the energy giant’s stock valued at $154,000 after acquiring an additional 148,707 shares in the last quarter. Credit Agricole S A bought a new stake in Exelon during the 1st quarter valued at $195,000. Finally, Cullen Frost Bankers Inc. bought a new stake in Exelon during the 2nd quarter valued at $200,000. 78.64% of the stock is currently owned by institutional investors and hedge funds.

Exelon stock opened at $44.47 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 1.19 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $42.62 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 2.51 and a beta of 0.21. Exelon Co. has a 1-year low of $35.57 and a 1-year high of $45.05.

Exelon (NYSE:EXC) last posted its quarterly earnings data on Thursday, August 2nd. The energy giant reported $0.71 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.10. The firm had revenue of $8.08 billion during the quarter, compared to analysts’ expectations of $7.39 billion. Exelon had a return on equity of 9.48% and a net margin of 11.25%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 EPS. equities research analysts expect that Exelon Co. will post 3.1 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, September 10th. Shareholders of record on Wednesday, August 15th were given a dividend of $0.345 per share. The ex-dividend date of this dividend was Tuesday, August 14th. This represents a $1.38 dividend on an annualized basis and a yield of 3.10%. Exelon’s dividend payout ratio is currently 53.08%.

Several analysts have issued reports on the company. Scotiabank reaffirmed a “sector outperform” rating on shares of Exelon in a research report on Wednesday, July 25th. Zacks Investment Research cut Exelon from a “buy” rating to a “hold” rating in a research report on Monday, July 23rd. Howard Weil began coverage on Exelon in a research report on Tuesday, July 24th. They issued a “sector outperform” rating and a $47.00 price objective for the company. Barclays began coverage on Exelon in a research report on Tuesday, July 10th. They issued an “equal weight” rating and a $46.00 price objective for the company. Finally, SunTrust Banks cut Exelon from a “buy” rating to a “hold” rating and set a $33.00 price objective for the company. in a research report on Tuesday, September 11th. They noted that the move was a valuation call. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Exelon currently has an average rating of “Buy” and an average target price of $44.19.

Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. The company owns electric generating facilities, such as nuclear, fossil, wind, hydroelectric, and solar generating facilities. It also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

See Also: Discover Your Risk Tolerance

Want to see what other hedge funds are holding EXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exelon Co. (NYSE:EXC).

Institutional Ownership by Quarter for Exelon (NYSE:EXC)

Receive News & Ratings for Exelon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exelon and related companies with MarketBeat.com's FREE daily email newsletter.