KBC Group NV decreased its position in Exelon Corporation (NYSE:EXC) by 20.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,392,458 shares of the energy giant’s stock after selling 352,233 shares during the period. KBC Group NV owned about 0.15% of Exelon Corporation worth $50,226,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Live Your Vision LLC increased its stake in shares of Exelon Corporation by 0.9% in the first quarter. Live Your Vision LLC now owns 2,951 shares of the energy giant’s stock valued at $106,000 after buying an additional 27 shares during the last quarter. Assetmark Inc. increased its stake in shares of Exelon Corporation by 703.5% in the first quarter. Assetmark Inc. now owns 2,981 shares of the energy giant’s stock valued at $107,000 after buying an additional 2,610 shares during the last quarter. V Wealth Management LLC purchased a new stake in shares of Exelon Corporation during the second quarter valued at approximately $111,000. Hudock Capital Group LLC increased its stake in shares of Exelon Corporation by 8.1% in the first quarter. Hudock Capital Group LLC now owns 3,193 shares of the energy giant’s stock valued at $114,000 after buying an additional 240 shares during the last quarter. Finally, Jacobi Capital Management LLC increased its stake in shares of Exelon Corporation by 12.3% in the first quarter. Jacobi Capital Management LLC now owns 3,388 shares of the energy giant’s stock valued at $122,000 after buying an additional 372 shares during the last quarter. 72.01% of the stock is owned by institutional investors and hedge funds.

Shares of Exelon Corporation (NYSE EXC) opened at 37.60 on Friday. The firm has a market cap of $36.10 billion, a PE ratio of 19.88 and a beta of 0.27. The firm has a 50-day moving average of $37.18 and a 200-day moving average of $36.10. Exelon Corporation has a 52 week low of $29.82 and a 52 week high of $38.78.

Exelon Corporation (NYSE:EXC) last issued its quarterly earnings results on Wednesday, August 2nd. The energy giant reported $0.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.02. The company had revenue of $7.62 billion for the quarter, compared to the consensus estimate of $7.88 billion. Exelon Corporation had a net margin of 5.41% and a return on equity of 8.47%. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.65 EPS. On average, analysts expect that Exelon Corporation will post $2.69 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 8th. Investors of record on Tuesday, August 15th will be issued a $0.3275 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date of this dividend is Friday, August 11th. Exelon Corporation’s dividend payout ratio (DPR) is currently 68.59%.

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Several brokerages have commented on EXC. Barclays PLC reaffirmed an “overweight” rating and issued a $44.00 target price (up previously from $43.00) on shares of Exelon Corporation in a research note on Wednesday, August 9th. BidaskClub raised shares of Exelon Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Citigroup Inc. raised shares of Exelon Corporation from a “neutral” rating to a “buy” rating and upped their target price for the company from $36.00 to $43.00 in a research note on Thursday, July 27th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $41.00 target price on shares of Exelon Corporation in a research note on Monday, July 17th. Finally, Wolfe Research raised shares of Exelon Corporation from a “market perform” rating to an “outperform” rating in a research note on Monday, July 17th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $39.92.

In other Exelon Corporation news, EVP Jonathan W. Thayer sold 215,669 shares of the company’s stock in a transaction dated Friday, July 28th. The shares were sold at an average price of $38.00, for a total transaction of $8,195,422.00. Following the sale, the executive vice president now directly owns 237,181 shares of the company’s stock, valued at $9,012,878. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Chairman Mayo A. Shattuck III sold 465,892 shares of the company’s stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $36.52, for a total transaction of $17,014,375.84. Following the sale, the chairman now directly owns 567,649 shares in the company, valued at $20,730,541.48. The disclosure for this sale can be found here. Insiders sold a total of 927,844 shares of company stock worth $34,570,885 over the last three months. 0.70% of the stock is owned by insiders.

Exelon Corporation Company Profile

Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.

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Institutional Ownership by Quarter for Exelon Corporation (NYSE:EXC)

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