American Trust Has $215,000 Stock Holdings in Exelon Co. (NASDAQ:EXC)

American Trust lessened its position in shares of Exelon Co. (NASDAQ:EXCGet Rating) by 66.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,515 shares of the company’s stock after selling 8,848 shares during the quarter. American Trust’s holdings in Exelon were worth $215,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in EXC. Landmark Wealth Management LLC acquired a new position in Exelon in the first quarter valued at about $26,000. Addison Advisors LLC lifted its stake in Exelon by 251.8% in the first quarter. Addison Advisors LLC now owns 598 shares of the company’s stock valued at $28,000 after buying an additional 428 shares during the period. Princeton Global Asset Management LLC lifted its stake in Exelon by 195.5% in the first quarter. Princeton Global Asset Management LLC now owns 662 shares of the company’s stock valued at $32,000 after buying an additional 438 shares during the period. Ahrens Investment Partners LLC lifted its stake in Exelon by 2,068.8% in the first quarter. Ahrens Investment Partners LLC now owns 694 shares of the company’s stock valued at $33,000 after buying an additional 662 shares during the period. Finally, Riverview Trust Co acquired a new position in Exelon in the first quarter valued at about $37,000. Institutional investors and hedge funds own 82.70% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Mizuho increased their price target on Exelon from $46.00 to $47.00 and gave the stock a “buy” rating in a report on Wednesday, August 31st. KeyCorp lowered their price target on Exelon from $53.00 to $45.00 and set an “overweight” rating for the company in a report on Tuesday, July 19th. Barclays lowered their price target on Exelon from $50.00 to $46.00 and set an “equal weight” rating for the company in a report on Monday, July 18th. Argus increased their price target on Exelon from $50.00 to $54.00 and gave the stock a “buy” rating in a report on Wednesday, June 8th. Finally, UBS Group lowered their price target on Exelon from $54.00 to $49.00 and set a “buy” rating for the company in a report on Thursday, June 30th. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Exelon currently has a consensus rating of “Moderate Buy” and an average price target of $48.23.

Exelon Price Performance

NASDAQ:EXC opened at $43.39 on Tuesday. Exelon Co. has a 1-year low of $33.93 and a 1-year high of $50.71. The company has a current ratio of 0.91, a quick ratio of 0.84 and a debt-to-equity ratio of 1.53. The firm has a fifty day simple moving average of $45.24 and a 200 day simple moving average of $45.09. The stock has a market capitalization of $42.54 billion, a PE ratio of 16.01, a P/E/G ratio of 2.68 and a beta of 0.57.

Exelon (NASDAQ:EXCGet Rating) last released its earnings results on Wednesday, August 3rd. The company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.02). Exelon had a net margin of 9.45% and a return on equity of 10.38%. The firm had revenue of $4.24 billion during the quarter, compared to the consensus estimate of $4.12 billion. On average, research analysts expect that Exelon Co. will post 2.27 EPS for the current fiscal year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 9th. Investors of record on Monday, August 15th were paid a $0.338 dividend. The ex-dividend date was Friday, August 12th. This is a boost from Exelon’s previous quarterly dividend of $0.34. This represents a $1.35 annualized dividend and a dividend yield of 3.12%. Exelon’s dividend payout ratio (DPR) is currently 49.82%.

Exelon Company Profile

(Get Rating)

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

Further Reading

Institutional Ownership by Quarter for Exelon (NASDAQ: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.