J.W. Cole Advisors Inc. Sells 468 Shares of Exelon Co. (NASDAQ:EXC)

J.W. Cole Advisors Inc. lowered its holdings in shares of Exelon Co. (NASDAQ:EXC) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,885 shares of the company’s stock after selling 468 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Exelon were worth $319,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of EXC. Antonetti Capital Management LLC grew its stake in Exelon by 98.8% in the 3rd quarter. Antonetti Capital Management LLC now owns 805 shares of the company’s stock valued at $30,000 after buying an additional 400 shares during the last quarter. Addison Advisors LLC grew its stake in Exelon by 50.3% in the 3rd quarter. Addison Advisors LLC now owns 825 shares of the company’s stock valued at $31,000 after buying an additional 276 shares during the last quarter. Fortis Group Advisors LLC acquired a new position in Exelon in the 3rd quarter valued at $31,000. Bruce G. Allen Investments LLC acquired a new position in Exelon in the 4th quarter valued at $34,000. Finally, Peoples Bank KS acquired a new position in Exelon in the 3rd quarter valued at $38,000. Institutional investors own 80.92% of the company’s stock.

Analyst Ratings Changes

EXC has been the topic of a number of research analyst reports. Bank of America lowered their target price on shares of Exelon from $38.00 to $36.00 and set a “neutral” rating on the stock in a research note on Friday, January 19th. Mizuho upgraded shares of Exelon from a “neutral” rating to a “buy” rating and raised their target price for the company from $36.00 to $39.00 in a research note on Wednesday, January 10th. Seaport Res Ptn lowered shares of Exelon from a “buy” rating to a “neutral” rating in a research report on Monday, January 8th. Scotiabank decreased their price target on shares of Exelon from $39.00 to $37.00 and set a “sector perform” rating on the stock in a research report on Monday. Finally, StockNews.com upgraded shares of Exelon from a “sell” rating to a “hold” rating in a research report on Monday, March 25th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $38.92.

Exelon Price Performance

Shares of Exelon stock opened at $37.77 on Thursday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.73 and a current ratio of 0.81. The firm’s 50-day simple moving average is $36.63 and its 200-day simple moving average is $37.11. Exelon Co. has a twelve month low of $33.35 and a twelve month high of $43.71. The firm has a market cap of $37.75 billion, a P/E ratio of 16.21, a price-to-earnings-growth ratio of 2.74 and a beta of 0.54.

Exelon (NASDAQ:EXC) last issued its earnings results on Wednesday, February 21st. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.02. Exelon had a net margin of 10.72% and a return on equity of 9.40%. The business had revenue of $5.37 billion for the quarter, compared to analyst estimates of $3.87 billion. During the same period in the previous year, the business earned $0.43 EPS. The firm’s revenue was up 15.0% on a year-over-year basis. As a group, research analysts expect that Exelon Co. will post 2.41 EPS for the current fiscal year.

Exelon Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Monday, March 4th were issued a dividend of $0.38 per share. This is an increase from Exelon’s previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a yield of 4.02%. The ex-dividend date of this dividend was Friday, March 1st. Exelon’s dividend payout ratio (DPR) is currently 65.24%.

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.