Sentinus LLC Sells 2,044 Shares of Exelon Co. (NASDAQ:EXC)

Sentinus LLC lowered its holdings in Exelon Co. (NASDAQ:EXC) by 18.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,330 shares of the company’s stock after selling 2,044 shares during the period. Sentinus LLC’s holdings in Exelon were worth $351,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Millstone Evans Group LLC purchased a new stake in Exelon in the 4th quarter worth approximately $28,000. Stephens Consulting LLC lifted its stake in shares of Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after purchasing an additional 343 shares during the period. Brown Lisle Cummings Inc. purchased a new position in shares of Exelon in the 4th quarter valued at approximately $30,000. Crews Bank & Trust purchased a new position in shares of Exelon in the 4th quarter valued at approximately $34,000. Finally, Capital Advisors Ltd. LLC lifted its stake in shares of Exelon by 119.6% in the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock valued at $35,000 after purchasing an additional 513 shares during the period. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on EXC. Morgan Stanley raised their target price on Exelon from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Thursday, March 20th. UBS Group raised their target price on Exelon from $45.00 to $47.00 and gave the company a “neutral” rating in a research note on Friday, March 21st. Scotiabank raised their target price on Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research note on Thursday, February 13th. Evercore ISI raised their target price on Exelon from $48.00 to $51.00 and gave the company an “in-line” rating in a research note on Friday, May 2nd. Finally, Guggenheim raised their target price on Exelon from $47.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Exelon has an average rating of “Hold” and an average price target of $47.30.

Exelon Stock Up 1.5%

EXC stock opened at $44.09 on Friday. Exelon Co. has a twelve month low of $34.01 and a twelve month high of $48.11. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61. The firm has a market cap of $44.51 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of 2.86 and a beta of 0.43. The business has a 50 day moving average of $45.23 and a 200 day moving average of $41.56.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.06. The company had revenue of $6.71 billion during the quarter, compared to analyst estimates of $6.30 billion. Exelon had a return on equity of 9.52% and a net margin of 10.68%. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the company earned $0.68 EPS. On average, research analysts forecast that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, May 12th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date is Monday, May 12th. Exelon’s payout ratio is 59.48%.

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.