Catalyst Financial Partners LLC Trims Stock Position in Exelon Co. (NASDAQ:EXC)

Catalyst Financial Partners LLC lessened its position in shares of Exelon Co. (NASDAQ:EXC) by 5.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,552 shares of the company’s stock after selling 516 shares during the quarter. Catalyst Financial Partners LLC’s holdings in Exelon were worth $343,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of EXC. Antonetti Capital Management LLC lifted its stake in shares of Exelon by 98.8% in the third quarter. Antonetti Capital Management LLC now owns 805 shares of the company’s stock worth $30,000 after buying an additional 400 shares in the last quarter. Addison Advisors LLC grew its position in shares of Exelon by 50.3% during the third quarter. Addison Advisors LLC now owns 825 shares of the company’s stock worth $31,000 after buying an additional 276 shares in the last quarter. Fortis Group Advisors LLC purchased a new position in Exelon in the third quarter valued at $31,000. Bruce G. Allen Investments LLC acquired a new position in Exelon in the fourth quarter valued at approximately $34,000. Finally, Peoples Bank KS acquired a new position in Exelon in the third quarter valued at $38,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Down 0.2 %

Shares of Exelon stock traded down $0.09 on Wednesday, hitting $37.82. 7,411,516 shares of the company traded hands, compared to its average volume of 6,587,041. The company has a 50-day moving average price of $37.02 and a 200 day moving average price of $36.96. The company has a quick ratio of 0.93, a current ratio of 1.03 and a debt-to-equity ratio of 1.64. Exelon Co. has a 12-month low of $33.35 and a 12-month high of $43.53. The company has a market cap of $37.82 billion, a PE ratio of 16.26, a PEG ratio of 2.71 and a beta of 0.53.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Wednesday, February 21st. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. Exelon had a return on equity of 9.27% and a net margin of 10.44%. The business had revenue of $5.37 billion for the quarter, compared to the consensus estimate of $3.87 billion. During the same period last year, the business earned $0.43 EPS. The firm’s revenue was up 15.0% compared to the same quarter last year. Sell-side analysts predict that Exelon Co. will post 2.43 earnings per share for the current year.

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Monday, May 13th will be issued a $0.38 dividend. The ex-dividend date of this dividend is Friday, May 10th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.02%. Exelon’s payout ratio is presently 65.52%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Scotiabank decreased their price target on shares of Exelon from $39.00 to $37.00 and set a “sector perform” rating for the company in a research note on Monday, April 22nd. Wells Fargo & Company boosted their price target on Exelon from $39.00 to $40.00 and gave the company an “equal weight” rating in a research report on Friday, May 3rd. Mizuho raised Exelon from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $36.00 to $39.00 in a research report on Wednesday, January 10th. Barclays upped their price target on Exelon from $36.00 to $39.00 and gave the stock an “overweight” rating in a research note on Thursday, March 14th. Finally, Bank of America lowered their price objective on shares of Exelon from $38.00 to $36.00 and set a “neutral” rating on the stock in a research report on Friday, January 19th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $38.83.

Exelon Profile

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.