Exelon Co. (NASDAQ:EXC) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its position in shares of Exelon Co. ( NASDAQ:EXC – Free Report ) by 3.

7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 369,215 shares of the company’s stock after selling 14,380 shares during the quarter.



Envestnet Asset Management Inc.’s holdings in Exelon were worth $13,897,000 as of its most recent filing with the SEC. Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company.

XTX Topco Ltd purchased a new position in shares of Exelon in the third quarter worth about $204,000. Orion Portfolio Solutions LLC raised its holdings in Exelon by 13.0% in the 3rd quarter.

Orion Portfolio Solutions LLC now owns 9,118 shares of the company’s stock valued at $370,000 after acquiring an additional 1,051 shares during the last quarter. Te Ahumairangi Investment Management Ltd lifted its stake in Exelon by 3.1% in the 3rd quarter.

Te Ahumairangi Investment Management Ltd now owns 85,600 shares of the company’s stock worth $3,451,000 after purchasing an additional 2,600 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in shares of Exelon by 24.3% during the 3rd quarter.

Sanctuary Advisors LLC now owns 40,438 shares of the company’s stock worth $1,565,000 after purchasing an additional 7,894 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Exelon in the third quarter valued at approximately $376,000. Institutional investors and hedge funds own 80.

92% of the company’s stock. Insider Buying and Selling In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of the company’s stock in a transaction dated Monday, February 3rd.

The shares were sold at an average price of $40.57, for a total value of $59,353.91.

Following the completion of the transaction, the executive vice president now directly owns 2,271 shares of the company’s stock, valued at $92,134.47. This represents a 39.

18 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website . 0.

10% of the stock is currently owned by corporate insiders. Exelon Stock Performance Exelon ( NASDAQ:EXC – Get Free Report ) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.

64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.05.

Exelon had a net margin of 10.68% and a return on equity of 9.52%.

During the same quarter in the previous year, the firm posted $0.60 earnings per share. On average, equities analysts expect that Exelon Co.

will post 2.64 EPS for the current year. Exelon Increases Dividend The business also recently announced a quarterly dividend, which was paid on Friday, March 14th.

Investors of record on Monday, February 24th were issued a dividend of $0.40 per share. This is an increase from Exelon’s previous quarterly dividend of $0.

38. This represents a $1.60 annualized dividend and a dividend yield of 3.

44%. The ex-dividend date was Monday, February 24th. Exelon’s dividend payout ratio (DPR) is presently 65.

31%. Analysts Set New Price Targets Several brokerages have recently weighed in on EXC. BMO Capital Markets reissued an “outperform” rating on shares of Exelon in a research report on Tuesday, February 4th.

Evercore ISI reissued an “in-line” rating and issued a $48.00 price target (up previously from $46.00) on shares of Exelon in a research note on Tuesday.

Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. UBS Group upped their price objective on Exelon from $45.00 to $47.

00 and gave the company a “neutral” rating in a report on Friday, March 21st. Finally, Scotiabank raised their target price on Exelon from $42.00 to $44.

00 and gave the stock a “sector perform” rating in a research note on Thursday, February 13th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Exelon currently has a consensus rating of “Hold” and an average price target of $45.

63. Check Out Our Latest Stock Report on EXC About Exelon ( Free Report ) 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.

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